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Category Archives: Financial System

Home Insurance Rates to Rise 6% in 2024 After 20% Increase in Last 2 Years

Insurify: “Home insurance rates are rising, influenced by climate catastrophes and inflation, leaving homeowners uncertain about future expenses. The average annual rate increased by 19.8% between 2021 and 2023, from $1,984 to $2,377.  Insurify projects a 6% increase in 2024, placing rates at $2,522 by the end of the year. Early weather forecasts predict a… Continue Reading

FTC Report Says Grocers Exploited Consumers During COVID-Era Supply Chain Disruptions

New York Times via MSN: “Throughout the COVID-19 pandemic, grocery prices skyrocketed as shelves were left bare of novelties and necessities. The culprit? Supply chain disruptions. The COVID-19 pandemic severely strained the U.S. food supply chain, exposing vulnerabilities from farm to table. With limited capacity to meet surging demand due to sick workers and supply… Continue Reading

LLRX March 2024 Issue

Articles and Columns for March 2024 – https://www.llrx.com 2024 Link Guide to Generative AI Resources – Marcus P. Zillman Deepfakes are still new, but 2024 could be the year they have an impact on elections – Professor Eileen Culloty AI in Banking and Finance, March 31, 2024 – This semi-monthly column by Sabrina I. Pacifici… Continue Reading

The Economist’s glass-ceiling index

The Economist [unpaywalled – “Our annual measure of the role and influence of women in the workforce: Are working conditions getting any better for women? The Economist’s “glass-ceiling index” offers some clues. Each year, to mark International Women’s Day on March 8th, we crunch the numbers on ten indicators—from labour-force participation and salaries to paid… Continue Reading

Pete Recommends – Weekly highlights on cyber security issues, March 31, 2024

Via LLRX – Pete Recommends – Weekly highlights on cyber security issues, March 31, 2024 – Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, finance, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on… Continue Reading

Treasury Releases Report on Managing AI Specific Cybersecurity Risks in Financial Sector

“The U.S. Department of the Treasury released a report on Managing Artificial Intelligence-Specific Cybersecurity Risks in the Financial Services Sector. The report was written at the direction of Presidential Executive Order 14110 on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence. Treasury’s Office of Cybersecurity and Critical Infrastructure Protection (OCCIP) led the… Continue Reading

wallstreet local

“Thousands of filings from the world’s biggest investors.Wall Street’s stock portfolio, for free via wallstreet local. The Securities and Exchange Commission (SEC) keeps record of every company in the United States. Companies whose holdings surpass $100 million though, are required to file a special type of form: the 13F form. This form, filed quarterly, discloses… Continue Reading

Financial Times tests an AI chatbot trained on decades of its own articles

The Verge: “Subscribers can use Ask FT to answer questions about recent events or broader topics covered by the Financial Times. The Financial Times has a new generative AI chatbot called Ask FT that can answer questions its subscribers ask. Similar to generalized AI bots (like ChatGPT, Copilot, or Gemini), users can expect a curated… Continue Reading

EEOC Data Reveals 75% Of High Earners Are Men

Forbes – “Data just released by the U.S. Equal Employment Opportunity Commission exposes a clear gender pay gap, with men outearning women, especially in the highest-paid jobs. The gap is widest for women of color. This week, the EEOC released aggregated pay data collected from businesses in 2017 and 2018. To make this information accessible… Continue Reading