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Monthly Archives: June 2014

Bank Profitability and Debit Card Interchange Regulation

Kay, Benjamin S. and Manuszak, Mark D. and Vojtech, Cindy M., Bank Profitability and Debit Card Interchange Regulation: Bank Responses to the Durbin Amendment (April 2, 2014). Available for download at SSRN: http://ssrn.com/abstract=2449027 “The Durbin Amendment to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 alters the competitive structure of the debit card… Continue Reading

NOAA Annual Greenhouse Gas Index

NOAA Earth System Research Laboratory, James.H.Butler; Stephen.A.Montzka; Updated Spring 2014. “The Annual Green House Gas Index (AGGI) is a measure of the warming influence of long-lived trace gases and how that influence is changing each year. The index was designed to enhance the connection between scientists and society by providing a normalized standard that can be easily understood… Continue Reading

How America Saves 2014: report on defined contribution plans at Vanguard

How America Saves 2014: “This comprehensive report analyzes the saving, investing, and account activity trends in defined contribution (DC) plans at Vanguard. The report offers useful insights into current issues affecting DC plans, including employer contribution trends, automatic plan features, use of target-date funds, and use of advice services.” Continue Reading

US cancer survivors face significant economic burden

“U.S. cancer survivors face significant economic burdens due to growing medical costs, missed work, and reduced productivity, according to a study by the Centers for Disease Control and Prevention in today’s Morbidity and Mortality Weekly Report. “Cancer survivors face physical, emotional, psychosocial, employment and financial challenges as a result of their cancer diagnosis and treatment,” said… Continue Reading

World Press Trends: Print and Digital Together Increasing Newspaper Audiences

“Print and digital combined are increasing audiences for newspapers globally, but digital revenues are not keeping pace, posing a risk for newspaper businesses and the societies they serve, the annual World Press Trends survey released Monday by the World Association of Newspapers and News Publishers (WAN-IFRA) revealed. “Unless we crack the revenue issue, and provide… Continue Reading

NYT – U.S. Economic Recovery Looks Distant as Growth Stalls

Binyamin Appelbaum: “Recessions are always painful, but the Great Recession that ran from late 2007 to the middle of 2009 may have inflicted a new kind of pain: an era of slower growth. It has been five years since the official end of that severe economic downturn. The nation’s total annual output has moved substantially above… Continue Reading

U.S. Rail Transportation of Crude Oil: Background and Issues for Congress

CRS – U.S. Rail Transportation of Crude Oil: Background and Issues for Congress, May 5, 2014 “North America is experiencing a boom in crude oil supply, primarily due to the growth of heavy crude production in the Canadian oil sands1and the recent expansion of shale oil production in North Dakota, Montana, and Texas. North American production… Continue Reading

U.S. recovery could be strengthened by key reforms, OECD says

“Economic recovery in the United States is stronger than in most OECD countries, but it will remain sluggish unless new reforms are launched to boost growth, according to OECD’s latest Economic Survey of the United States. According to the OECD Survey, the labour market is not yet back to normal. Unemployment has declined rapidly, but many discouraged… Continue Reading

Autonomy Research for Civil Aviation: Toward a New Era of Flight

National Research Council: “The development and application of increasingly autonomous (IA) systems for civil aviation is proceeding at an accelerating pace, driven by the expectation that such systems will return significant benefits in terms of safety, reliability, efficiency, affordability, and/or previously unattainable mission capabilities. IA systems range from current automatic systems such as autopilots and… Continue Reading

Military spending continues to fall in the West but rises everywhere else, says SIPRI

“World military expenditure totalled $1.75 trillion in 2013, a fall of 1.9 per cent in real terms since 2012, according to figures released [April 14, 2014] by Stockholm International Peace Research Institute (SIPRI). The comprehensive annual update of the SIPRI Military Expenditure Database is accessible from today at www.sipri.org. The fall in the global total… Continue Reading

The Fourth Amendment Third-Party Doctrine – CRS

The Fourth Amendment Third-Party Doctrine, Richard M. Thompson II, Legislative Attorney. June 5, 2014. “In the 1970s, the Supreme Court handed down Smith v. Maryland and United States v. Miller, two of the most important Fourth Amendment decisions of the 20th century. In these cases, the Court held that people are not entitled to an expectation of privacy… Continue Reading