Household Debt and Credit Developments in 2013 Q3: “Aggregate consumer debt increased in the third quarter by $127 billion, the largest increase seen since the first quarter of 2008. As of September 30, 2013, total consumer indebtedness was $11.28 trillion, up by 1.1% from its level in the second quarter of 2013. Overall consumer debt… Continue Reading
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Author Archives: Sabrina I. Pacifici
Moody’s concludes review of eight large US banks
News release: “Moody’s Investors Service has concluded its review of eight large US banking groups. The credit ratings of these banking groups each benefit from the agency’s assumption of government support. Today’s rating actions reflect strengthened US bank resolution tools, prompted by the Dodd-Frank Act, which affect Moody’s assumptions about US government support. Further, today’s… Continue Reading
U.S. Monetary Authorities Did Not Intervene in FX Markets During the Third Quarter
“The U.S. monetary authorities did not intervene in the foreign exchange markets during the July—September quarter, the Federal Reserve Bank of New York said today in its quarterly report to the U.S. Congress. During the three months that ended September 30, 2013, the dollar depreciated 3.8 percent and 0.9 percent against the euro and Japanese yen,… Continue Reading
50 years after JFK’s assassination: a brief guide to reliable sources
Margot Williams – “The fiftieth anniversary of the assassination of President John F. Kennedy in Dallas, Texas on November 22, 1963 is a time of commemoration, a pause for reflection, and font of stories for a global media still fascinated by this American tragedy. The Kennedy assassination has sparked dozens of theories, hundreds of volumes and gallons… Continue Reading
Magic Quadrant for Operational Database Management Systems
Magic Quadrant for Operational Database Management Systems 21 October 2013 ID:G00251780. Analyst(s): Donald Feinberg, Merv Adrian, Nick Heudecker “For this Magic Quadrant, we define operational DBMSs as systems that include support for new structures and data types, such as XML, text, audio, image and video content, in addition to traditional structures. They must include mechanisms to isolate workload requirements and control… Continue Reading
64 Federal Courts Now Publish Opinions on FDsys
News release: “A project providing free online access to federal court opinions has expanded to include 64 courts. The federal Judiciary and the Government Printing Office partner through the GPO’s Federal Digital System, FDsys, to provide public access to more than 750,000 opinions, many dating back to 2004. The Judicial Conference approved national implementation of the project in September 2012,… Continue Reading
FAA Releases Drone Roadmap, Privacy Not Required for Test Sites
EPIC – “In a press release, the Federal Aviation Administration announced the “roadmap” for the integration of drones into domestic airspace. After considering numerous public comments on the privacy impact of aerial drones, the FAA proposed a regulation that requires test site operators to develop privacy policies but does not require any specific baseline privacy protections. The FAA rulemaking came… Continue Reading
Report – Telecoms plan shielded European Internet
Via Deutsche Welle: “Deutsche Telekom says the scandal over US and British eavesdropping has prompted German providers to contemplate an inner-German or inner-European Internet. Data would no longer be routed and stored via other continents. Germany’s state-backed Telekom confirmed on Sunday that German providers were discussing an Internet confined within Europe’s “Schengen” countries. One project code-named… Continue Reading
CBO – The Distribution of Federal Spending and Taxes in 2006
“In previous reports, CBO analyzed how household income (which included some federal benefit payments, or transfers) and federal taxes were distributed among different segments of the U.S. population. This report goes a step farther by analyzing the distribution of most federal spending—including spending on transfers and a host of other government activities—and almost all federal… Continue Reading
CBO – Options for Reducing the Deficit: 2014 to 2023
“The Congress faces an array of policy choices as it confronts the dramatic increase in the federal government’s debt over the past several years and the prospect of large annual budget deficits and further increases in that debt that are projected to occur in coming decades under current law. To help inform lawmakers about the… Continue Reading
BEA – Survey of Current Business, October 2013
GDP and the Economy: Third Estimates for the Second Quarter of 2013 (PDF) – Real GDP rose 2.5 percent after rising 1.1 percent in the first quarter of 2013. Business investment and exports turned up. Inventory investment and consumer spending slowed. Real Inventories, Sales, and Inventory-Sales Ratios for Manufacturing and Trade for the Fourth Quarter of 2009… Continue Reading
A Report by Americans for Financial Reform and the Roosevelt Institute
“More than five years after the financial crisis, there is still an open debate about what it would mean to have a financial sector that works for the benefit of the real economy, and how close we are to achieving that. In An Unfinished Mission: Making Wall Street Work For Us, Americans for Financial Reform and the Roosevelt Institute… Continue Reading
