Money and Computing
A Bank's Reputation, Trusted or Tarnished?
Fed Governor Sarah Bloom Raskin: "Many of the darkest manifestations of the financial crisis have finally begun to diminish: the boarded-up homes with overgrown lawns, the half-built skyscrapers, the 'We Buy Houses Cheap' signs planted at exit ramps, the eviction notices nailed to front doors. But even as the economy comes back to life, our memory of these events is still sharp and the reputational damage suffered by US financial institutions during the crisis endures." more »
Pew Research: What the Public Knows - In Pictures, Maps, Graphs and Symbols
In past versions of the News IQ test, Republicans have often outperformed Democrats and independents, but that was not the case with the current quiz. Overall, Republicans on average answered 8.7 items correctly, no different than Democrats (8.6) and independents (8.7). Democrats (47%) were more likely than Republicans (37%) to recognize a photo of Elizabeth Warren, the new senator from Massachusetts. Other partisan differences were very small. more »
Encountering Unusual Headwinds: Fed Reserve Vice Chair Yellen Explains the Painfully Slow Recovery for America's Workers
Fed Reserve Vice Chair Janet L. Yellen: As an objective of public policy, maximum employment doesn't appear in the US Constitution, in any presidential decree, or even in the mission statement of the Labor Department... the Federal Reserve is the only agency assigned the job of pursuing maximum employment. The gulf between maximum employment and the very difficult conditions workers face today helps explain the urgency behind the Federal Reserve's ongoing efforts to strengthen the recovery. more »
Gorgeous People in Trouble – The State Department warns about Internet dating and romance scams
The Setup: An American man meets an alleged American woman through an online dating service. After a successful online courtship, the two agree to meet. However, before they do, she must travel overseas to attend to some important personal business. While out of the US, she befalls an unexpected tragedy. She is now feeling lonely and vulnerable, and is counting on him to help her through this difficult time .... Several US citizens report losing thousands of dollars through such scams. more »