Via Jeremy Singer-Vine / Data is Plural: “Bank financials, 1976–present. The Federal Financial Institutions Examination Council’s National Information Center “provides comprehensive financial and structure information on banks and other institutions for which the Federal Reserve has a supervisory, regulatory, or research interest.” Its datasets include quarterly financial statements for bank holding companies, going back to… Continue Reading
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Category Archives: Financial System
Why Weren’t Silicon Valley Bank Depositors Using CDARS?
Credit Slips – Adam Levitin: “Silicon Valley Bank seems to have had large amounts of uninsured deposits from businesses and high net worth individuals. And those uninsured deposits are likely to be impaired in the receivership, meaning that they will not get paid 100 cents on the dollar whenever they do get paid. But here’s… Continue Reading
How AI could write our laws
MIT Technology News: “Nearly 90% of the multibillion-dollar federal lobbying apparatus in the United States serves corporate interests. In some cases, the objective of that money is obvious. Google pours millions into lobbying on bills related to antitrust regulation. Big energy companies expect action whenever there is a move to end drilling leases for federal… Continue Reading
We’ve Just Lived Through a Financial Accident
Think Adviser – Mohamed El-Erian: Overly loose monetary policy led to the current financial accident, Allianz’s chief economic advisor said. He predicted that the Fed will now start to retreat from its inflation fight, which will be bad in the long term. Depositors shouldn’t worry, El-Erian noted. See also DataTrek – Silicon Valley Bank’s issues… Continue Reading
ClearGov Launches ChatGPT Tool for Municipal Budgets
Government Technology: “ChatGPT is getting a chance to prove itself in municipal budgeting via a new tool from Massachusetts-based government technology vendor ClearGov. AI is perhaps the hottest new thing in gov tech, poised to play a role in everything from education to transit to public agency communications. Few tasks are more important to government… Continue Reading
How to Track Your Tax Refund in 2023
ProPublica – “The IRS offers a few simple ways to track the status of your tax refund. Here’s when and how you can keep an eye on it. Online: You can check your refund status on the IRS website. See below for the information you’ll need to have handy. App: The IRS2Go app is available… Continue Reading
The AI hype bubble is the new crypto hype bubble
Pluralistic / Cory Doctorow: “…Blockchain was a solution in search of a problem. So is AI. Yes, Buzzfeed will be able to reduce its wage-bill by automating its personality quiz vertical, and Spotify’s “AI DJ” will produce slightly less terrible playlists (at least, to the extent that Spotify doesn’t put its thumb on the scales… Continue Reading
The Quick and the Dead: building up cyber resilience in the financial sector
“Introductory remarks by Fabio Panetta, Member of the Executive Board of the ECB, at the meeting of the Euro Cyber Resilience Board for pan-European Financial Infrastructures, Frankfurt am Main, 8 March 2023 – “The proliferation of cyber threat actors combined with an increase in remote working and greater digital interconnectedness is raising the risk, frequency… Continue Reading
The CEPS EurLex dataset
The CEPS EurLex dataset: “142.036 EU laws from 1952-2019 with full text and 22 variables: The dataset contains 142.036 EU laws – almost the entire corpus of the EU’s digitally available legal acts passed between 1952 – 2019. It encompasses the three types of legally binding acts passed by the EU institutions: 102.304 regulations, 4.070… Continue Reading
The Open Contracting Data Standard
“The Open Contracting Data Standard (OCDS), is a free, non-proprietary open data standard for public contracting, implemented by over 30 governments around the world. It is the only international open standard for the publication of information related to the planning, procurement, and implementation of public contracts and has been endorsed by the G20, the G7… Continue Reading
The Enduring Grip of the Gender Pay Gap
Pew Research Center: “The gender pay gap – the difference between the earnings of men and women – has barely closed in the United States in the past two decades. In 2022, American women typically earned 82 cents for every dollar earned by men. That was about the same as in 2002, when they earned… Continue Reading
Cryptocurrency and Taxes: What You Need to Know
PC Mag: “For the fourth year, federal tax forms ask you about Bitcoin and other cryptocurrency activities. The Yes or No question that’s been appearing at the top of Form 1040 has gotten even more specific for the 2022 tax year. It reads, “At any time during 2022, did you: (a) receive (as a reward,… Continue Reading
