“Full, timely and consistent implementation of Basel III remains fundamental to building a resilient financial system, maintaining public confidence in regulatory ratios and providing a level playing field for internationally active banks. This report updates G20 Leaders on progress in adopting the Basel III regulatory reforms since the Basel Committee on Banking Supervision issued its… Continue Reading
“Six federal agencies on Wednesday issued a notice revising a proposed rule requiring sponsors of securitization transactions to retain risk in those transactions. The new proposal revises a proposed rule the agencies issued in 2011 to implement the risk retention requirement in the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). This proposal… Continue Reading
A Brief History of How Living Alone Came to Seem Totally Normal, by Emily Badger: “No change in the American household has been more pronounced over the last 40 years than the rise of people living alone. In 1970, only 17 percent of U.S. households contained such singletons, solo men and (more often) women getting… Continue Reading
By Amy Mitchell, Mark Jurkowitz, and Emily Guskin: “The stunning announcement [on August 5, 2013] of the sale of The Washington Post to Amazon founder Jeff Bezos caught many off guard. The Post has been owned by the Graham family for 80 years. But recent years brought steep revenue and circulation declines and as chief… Continue Reading
“This 20th anniversary Executive Excess report examines the “performance” of the 241 corporate chief executives who have ranked among America’s 25 highest-paid CEOs in one or more of the past 20 years. The lavishly compensated CEOs we spotlight here should be exemplars of value-added performance. After all, sky-high CEO pay purportedly reflects the superior value that elite chief executives… Continue Reading
“School districts nationwide are showing improvements in measures related to nutritional policies, physical education and tobacco policies, according to the 2012 School Health Policies and Practices Study (SHPPS). SHPPS is the largest and most comprehensive survey to assess school health policies. Key findings include Nutrition: The percentage of school districts that allowed soft drink companies… Continue Reading
Metropolitan Area Employment and Unemployment Summary, July 2013: “Unemployment rates were lower in July than a year earlier in 320 of the 372 metropolitan areas, higher in 38 areas, and unchanged in 14 areas, the U.S. Bureau of Labor Statistics reported today. Forty-one areas had jobless rates of at least 10.0 percent, and 34 areas… Continue Reading
“The Little Data Book on Private Sector Development 2013 is a pocket-sized book providing data for more than 40 key indicators on business environment and private sector development in a single page for each of the World Bank member countries and other economies with populations of more than 30,000.” Include the following areas: Economic and… Continue Reading
The cost of bad behavior affects the bottom line: “Rudeness at work is rampant, and it’s on the rise. In 2011, half of the workers surveyed by Professors Christine Porath of Georgetown University’s McDonough School of Business and Christine Pearson of Thunderbird School of Global Management said they were treated rudely at least once a… Continue Reading