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Category Archives: Economy

Bill requiring US agencies to share custom source code with each other becomes law

FedScoop: “Agencies will have to share custom-developed code amongst each other in an effort to prevent duplicative software development contracts under a new bill signed into law by President Joe Biden. The bipartisan Source Code Harmonization And Reuse in Information Technology (H.R. 9566), or SHARE IT Act, takes aim at reducing the roughly $12 billion… Continue Reading

Cash is King: The surprising truth about spending habits in a cashless world

University of Surrey: “In a paper published in Qualitative Market Research, researchers detail as cash fades from our wallets, so too does our awareness of spending, leading to impulsive and unnecessary purchases. The study suggests that maintaining a physical element in our payment systems may be vital for promoting responsible spending behaviours.  Dr Jashim Khan,… Continue Reading

New Site for Federal Government Workers

Civil Service Strong – “Our nation depends on a strong, non-partisan civil service. The U.S. civil service — 2.2 million federal workers who live and work in every state across the country — works for the American people, safeguards our democracy, and upholds the rule of law. Strong civil servants embody the values of integrity,… Continue Reading

Future urban landscapes: Climate migration projections in cities

C40Knowledge: “As the climate crisis intensifies, millions of people are expected to migrate from their homes, seeking safety and opportunity in urban areas around the world. But how prepared are our cities to handle this influx? This report provides insights into climate migration into cities around the world, helping to support city leaders, policymakers, NGOs,… Continue Reading

The Walmart Effect

The Atlantic via MSN – “No corporation looms as large over the American economy as Walmart. It is both the country’s biggest private employer, known for low pay, and its biggest retailer, known for low prices. In that sense, its dominance represents the triumph of an idea that has guided much of American policy making… Continue Reading

The 30-Year Mortgage Wasn’t Designed for Climate Chaos

Bloomberg: “…A different kind of perfect storm had hit the Pelleys: volatile weather, a country failing to keep up with rising flood risk and a mortgage industry writing loans without considering the future of the environment around the home. Homeowners in Florida and California have already been trying to reconcile their mortgage duration and dwindling… Continue Reading

The Breachies 2024: The Worst, Weirdest, Most Impactful Data Breaches of the Year

EFF: “Every year, countless emails hit our inboxes telling us that our personal information was accessed, shared, or stolen in a data breach. In many cases, there is little we can do. Most of us can assume that at least our phone numbers, emails, addresses, credit card numbers, and social security numbers are all available… Continue Reading

Publishers Battle for the C-Suite

The New York Times [unpaywalled] – “Numerous media outlets, looking for new lucrative lines of business, are pursuing newsletters and events aimed specifically at top executives. When the digital news start-up Semafor began in 2022, its founders talked about reaching a vast global audience of 200 million college-educated, English-speaking people. But their latest push is… Continue Reading

American Autocracy Threat Tracker

State Democracy Defenders Action: “President-elect Donald Trump has said he will be a “dictator on day one.” Our American Autocracy Threat Tracker comprehensively catalogs all of Trump’s and his allies’ Project 2025 and other specific plans and promises. We also catalog potential bipartisan solutions to address the threat both now and should it come to… Continue Reading

Rebel Yell

Tablet – Part I: Donald Trump broke the back of the GOP establishment by driving blue-collar and lower-middle-class politics in a Southern direction. His gentry Republican critics have only themselves to blame. Donald Trump’s first and in many ways most enduring political accomplishment is not the humiliation of the Democratic Party he has toppled in… Continue Reading

AI in Finance and Banking – December 16, 2024

AI in Finance and Banking – December 16, 2024 – This semi-monthly column by Sabrina I. Pacifici, highlights news, government documents, NGO/IGO papers, conferences, industry white papers and reports, academic papers and speeches, and central bank actions on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links provided… Continue Reading