Category «Economy»

AI in Finance and Banking May 31, 2026

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 are to the primary sources, and as available, indicate links to alternate free versions. Seven highlights from this post: The Optimal Use of AI in Financial Regulation; Inside Claude’s rapid expansion across corporate finance; What Real-Time Risk Looks Like. AI enables risk assessment at the speed of the business; Vendor Lock-In and AI: The Risk Banks Aren’t Pricing; The geography of AI firms; I’m the CEO of Goldman Sachs. The AI Job Apocalypse Is Overblown; and OpenAI gives Japan banks access to latest model, Japan’s finance minister says.

Subjects: AI in Banking and Finance, Cybercrime, Cybersecurity, Economy, Financial System, Legal Research

AI in Finance and Banking, May 15, 2026

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 are to the primary sources, and as available, indicate links to alternate free versions. Seven highlights from this post: AI Managed Household Portfolios: A Preliminary Report; Climate Risk and AI: Banking’s Next Regulatory Frontier’; The Microstructure of AI Diffusion: Evidence from Firms, Business Functions, and Worker Tasks; Financial Stability Risks Mount as Artificial Intelligence Fuels Cyberattacks; Anthropic deepens finance push with 10 new AI agents for banks, insurers; Global finance watchdog warns over private credit industry fuelling AI boom; and OpenAI launched a new set of personal finance tools in preview for ChatGPT Pro subscribers in the U.S., letting them connect their accounts and ask questions ranging from spending analysis to future financial planning.

Subjects: AI in Banking and Finance, Economy, Financial System, Legal Research

AI in Finance and Banking, April 30, 2026

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 are to the primary sources, and as available, indicate links to alternate free versions. Five highlights from this post: Job Cuts Driven By AI Are Rising On Wall Street; The $19.8 Billion Signal: What JPMorgan’s Tech Budget Tells Every Banking CEO; Understanding Firms’ AI Efforts and Their Economic Impact; 51% of U.S. Consumers Expect AI to Replace Financial Advisors; and Bloomberg, the OG of financial data firms, has a potent new AI agent.

Subjects: AI in Banking and Finance, Economy, Financial System, Legal Research

AI in Finance and Banking, April 15, 2026

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 are to the primary sources, and as available, indicate links to alternate free versions. Six highlights from this post: Goldman Sachs and Morgan Stanley see their stocks soar as the AI boom fuels big bank; Forecasting the Economic Effects of AI; The new, AI-powered Google Finance is expanding to more than 100 countries; Wall Street Banks Cut 5,000 Jobs Even as They Notched Record Profits; Financial institutions are no longer just managing risk and capital: They are building algorithms, deploying machine learning models; and UNC Charlotte unveils M.S. in Financial Engineering and Fintech to meet rising demand for AI-driven finance talent.

Subjects: AI in Banking and Finance, Economy, Financial System, Legal Research

Pete Recommends – Weekly highlights on cyber security issues, April 11, 2026

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 the increasingly complex and wide ranging ways technology is used to compromise and diminish our privacy and online security, often without our situational awareness. Five highlights from this week: As the Federal Government Rushes Toward AI, Here Are Three Cautionary Tales; Combating cybercrime and fraud: A unified approach; Signal messages on an iPhone have been harvested despite app security; Anthropic Says Its Latest AI Model Is Too Powerful to Be Released; and Cybersecurity Alert: Criminals Are Now Using Emojis to Avoid Detection.

Subjects: AI, Criminal Law, Cybercrime, Cybersecurity, Economy, Email Security, Financial System, Privacy

The Trump Administration’s Continued War Against Science, Research, Public Health, and the Rule of Law – Part 8

This article by Sabrina I. Pacifici is the eighth in a series with a focus on the continuing onslaught on science, healthcare and public health, and the rule of law. Since the 1990s, the public and private sectors have mobilized to coordinate, fund, build, expand and sustain one of most vibrant and impactful scientific communities in the world. But in little more than one year, this administration has engaged in a relentless campaign of targeted and sustained attacks against America’s highly interconnected network structure of scientific research and development. The specifics of the dozens of destructive actions taken by this administration have been documented in this series. The overall goal of these articles is to track and identify the magnitude of the loses we have sustained and the damage done to our democracy, economy, the lives of countless Americans who will suffer from the termination of vital research and routine vaccinations, and to our free and fair elections.

Subjects: Economy, Education, Government Resources, Health, Healthcare, KM

AI in Finance and Banking, March 15, 2026

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. Seven highlights from this post: How does AI Distribute the pie? Large Language Models and the Ultimatum Game; AI Meets Fiscal Policy: Mapping Government Spending Actions Across 64 Countries; Anthropic suggests AI might be worse for hedge fund employees than bankers; Chaining Tasks, Redefining Work: A Theory of AI Automation; Where global economies sit in the AI stack; Labor market impacts of AI: A new measure and early evidence; and Federal Reserve Bank of Dallas – AI is simultaneously aiding and replacing workers, wage data suggest.

Subjects: AI in Banking and Finance, Economy, Financial System, Legal Research

Pete Recommends – Weekly highlights on cyber security issues, March 7, 2026

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 the increasingly complex and wide ranging ways technology is used to compromise and diminish our privacy and online security, often without our situational awareness. Five highlights from this week: The biggest AI threats come from within – 12 ways to defend your organization; Anthropic Improves Feature to Switch From Competitors as Users Call for ChatGPT Boycott; Samsung TVs to stop collecting Texans’ data without express consent; Top general spotlights cyber role in Iran conflict; and A Possible US Government iPhone-Hacking Toolkit Is Now in the Hands of Foreign Spies and Criminals.

Subjects: AI, Congress, Cryptocurrencies, Cybercrime, Cybersecurity, Economy, Legal Research, Legislative, Privacy

The Trump Administration’s Continued War Against Science, Research, Public Health, and the Rule of Law – Part 7

This article is the seventh in a series focused on how the second Trump presidency unleashed a causal chain that has rapidly morphed into an extensive continued attack against civil liberties, commerce, government funded programs, research and the rule of law. The attacks quickly escalated beyond the federal sector into the private and non-profit arenas. In alignment with the Project 2025 roadmap cultural, historical and political censorship has made deep inroads into many aspects of American life. Sabrina I. Pacifici continues to identify new as well as expanded examples of administration directed censorship in the public and private sectors, along with the elimination of programs, services and data critical to education, healthcare, the environment, climate science, defense and the economy.

Subjects: Big Data, Civil Liberties, Congress, Economy, Food, Government Resources, Healthcare, Human Rights, Immigration Law, KM, Social Media

Pete Recommends – Weekly highlights on cyber security issues, February 28, 2026

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 the increasingly complex and wide ranging ways technology is used to compromise and diminish our privacy and online security, often without our situational awareness. Five highlights from this week: DHS Wants a Single Search Engine to Flag Faces and Fingerprints Across Agencies; LinkedIn ID verification data will likely be shared with third parties; AI controls are coming to Firefox; Meta Employee Shares OpenClaw Email-Deletion Nightmare; and This App Warns You if Someone Is Wearing Smart Glasses Nearby.

Subjects: AI, Civil Liberties, Cryptocurrency, Cybercrime, Cybersecurity, Economy, Email Security, Financial System, Legal Research, Search Engines, Social Media