Thomson Reuters – Future of Professionals Report. AI-powered technology & the forces shaping professional work. July 2024. “Key findings – First, the productivity benefits we have been promised are now becoming more apparent. As AI adoption has become widespread, professionals can more tangibly tell us about how they will use this transformative technology and the… Continue Reading
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Category Archives: Economy
Goldman Sachs – GEN AI – Too Much Spend, Too Little Benefit?
GEN AI – Too Much Spend, Too Little Benefit? Issue 129, June 25, 2024. Global Macro Research. The Goldman Sachs Group, Inc. “Tech giants and beyond are set to spend over $1tn on AI capex in coming years, with so far little to show for it. So, will this large spend ever pay off? MIT’s… Continue Reading
LLRX June 2024 Issue
Articles and Columns for June 2024 – https://www/llrx.com Protecting the Vulnerable: Navigating Online Risks for Minors – Veronica Garrick’s paper is an insightful, factual and timely discussion of how in today’s digital age, minors are exposed to technology at a young age, presenting both great opportunities and risks. PowerPoint Has Its Problems – Jerry Lawson… Continue Reading
9 of largest banks in the world are settling a long-running lawsuit
The Daily Hodl: “JPMorgan Chase, Bank of America and 7 Mega Banks Paying $46,000,000 [that’s Trillion] Over Alleged Conspiracy To Rig Trillion-Dollar Derivatives Market… Lawyers representing investors have filed for preliminary approval of a $46 million cash settlement against JPMorgan Chase, Bank of America, Goldman Sachs, BNP Paribas, Citigroup, Deutsche Bank, Morgan Stanley, NatWest and… Continue Reading
These cities have the highest share of unaffordable neighborhoods in 2024
creditnews: “Homeownership is one of the key pillars of the American dream. But for many families, the idyllic fantasy of a picket fence and backyard barbecues remains just that—a fantasy. Thanks to elevated mortgage rates, sky-high house prices, and scarce inventory, millions of American families have been locked out of the opportunity to buy a… Continue Reading
Organized Crime and Corruption Reporting Project
“The Organized Crime and Corruption Reporting Project connects 45 non-profit investigative centers in 34 countries, scores of journalists and several major regional news organizations across Europe, Africa, Asia, the Middle East and Latin America. We work to turn the tables on corruption and build greater accountability through exposing the abuse of power at the expense… Continue Reading
SEC Updates Website to Improve Compliance, Functionality, and User Experience
“The Securities and Exchange Commission today announced enhancements to its website to improve compliance with federal statutes and standards as well as the site’s functionality. The updates will improve the website’s user experience for market participants and the public. “I’m pleased that these updates will improve our website’s compliance with federal standards,” said SEC Chair… Continue Reading
The Secret IRS Files – Inside the Tax Records of the .001%
ProPublica: “In 2007, Jeff Bezos, then a multibillionaire and now the world’s richest man, did not pay a penny in federal income taxes. He achieved the feat again in 2011. In 2018, Tesla founder Elon Musk, the second-richest person in the world, also paid no federal income taxes. Michael Bloomberg managed to do the same… Continue Reading
LLRX June 2024 Articles and Columns
Protecting the Vulnerable: Navigating Online Risks for Minors – Veronica Garrick PowerPoint Has Its Problems – Jerry Lawson AI in Banking and Finance, June 30, 2024 – This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, NGO/IGO papers, industry white papers, academic papers and speeches on the subject of AI’s fast paced impact… Continue Reading
AI in Finance and Banking June 30, 2024
Via LLRX – AI in Finance and Banking June 30, 2024 – This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, NGO/IGO papers, industry white papers, academic papers and speeches on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links provided are to the primary sources, and… Continue Reading
No surprises act
ProPublica: “In 2020, Congress passed the No Surprises Act to protect patients from exorbitant medical bills that had burdened Americans with tens of thousands of dollars in debt. The law was designed to decrease the charges for patients treated by an out-of-network doctor during medical emergencies. Such ER visits often left people vulnerable to so-called… Continue Reading
ABA Financial Literacy
“The American Bar Association Tort Trial and Insurance Practice Section (TIPS) and the National Urban League are collaborating with Thomson Reuters to promote financial literacy. The goal of the partnership is to promote economic empowerment by equipping individuals with the knowledge and tools needed to own their financial future. The project bolsters efforts to reach… Continue Reading
