Category «Economy»

FEMA buyouts vs. risky real estate: New maps reveal post-flood migration patterns across the US

Prof. James R. Elliott and Research Analyst Debolina Banerjee study flood resilience and have been mapping the results of government buyout programs across the U.S. that purchase damaged homes after disasters to turn them into open space. Their new national maps of who relocates and where they go after a flood shows that most Americans who move from buyout areas stay local. However, they also found that the majority of them give up their home to someone else, either selling it or leaving a rental home, rather than taking a government buyout offer. That transfers the risk to a new resident, leaving the community still facing future costly risks.

Subjects: Climate Change, Economy, Environmental Law, Financial System, Legal Research

AI in Finance and Banking, September 30, 2025

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

Pete Recommends – Weekly highlights on cyber security issues, September 20, 2025

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: NIST says that there are three main ways to sanitize data; Google misled users about their privacy and now owes them $425m, says court; USAi tool lets agencies test for AI biases, GSA official says; FBI warns of cybercriminals using fake FBI crime reporting portals; and Morgan Stanley fined $35m after hard drives sold with customer info still on them.

Subjects: AI, Cybercrime, Cybersecurity, Economy, Financial System, Government Resources, Privacy

AI in Finance and Banking, September 15, 2025

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

AI In Finance and Banking August 31, 2025

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

Pete Recommends – Weekly highlights on cyber security issues, August 16, 2025

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: Leading AI Agents Like ChatGPT Are Vulnerable to Hacking, Security Firm Finds; FBI Alert: This New Smartphone Scam Can Steal All Your Data; A Bug at Social Security Admin Has Been Rerouting Phone Calls to Random Offices; Leading AI Agents Like ChatGPT Are Vulnerable to Hacking, Security Firm Finds; and Crypto Security and Scams.

Subjects: AI, Congress, Cryptocurrency, Cybersecurity, Economy, Financial System, Legislative, Privacy, Social Media

AI In Finance and Banking July 31, 2025

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. Eight highlights from this post: Preparing for systemic risks in the age of generative artificial intelligence; JPMorgan, Robeco Quietly Deploy AI in Daily Wall Street Routines; Can finance put an end to AI data mining; The Transformational Effects of Artificial Intelligence on the Finance Sector Workforce; Algorithmic Coercion with Faster Pricing; AI-Powered Trading, Algorithmic Collusion, and Price Efficience; From Banks to Bots: Behind the Rise of AI Money; and Federal Reserve conference included Fireside Chat – Vice Chair for Supervision Michelle W. Bowman and Sam Altman, OpenAI CEO; and Here’s What ‘Terrifies’ OpenAI’s CEO About Financial Institutions Today.

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

Pete Recommends – Weekly highlights on cyber security issues, July 12, 2025

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: Employees are quietly bringing AI to work and leaving security behind; AI could harm your critical thinking skills. Should that change how you use it?; Device disregard is multiplying digital ghosts across federal agencies; Fake online stores look real, rank high, and trap unsuspecting buyers; and Appeals court strikes down ‘click-to-cancel’ rule.

Subjects: AI, Cryptocurrency, Cybercrime, Cybersecurity, Economy, Education, Financial System, KM, Privacy, Search Engines