SEC Sanctions Florida-Based Auditor for Circumventing Rules

October 25th, 2014
in econ_news, syndication

from the Securities and Exchange Commission

The Securities and Exchange Commission today sanctioned a Florida-based auditor for violating federal laws and regulations requiring lead audit partners to periodically rotate off their audit engagements with a publicly traded company in order to preserve the integrity of the financial reporting process.

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Supply and Demand of Skilled Workers in Cities and the Role of Industry Composition

October 25th, 2014
in econ_news

from the Philadelphia Fed

A study provides new insight into how both supply and demand for high-skilled workers increase relative to low-skilled workers in cities and how the demand for high-skilled workers increases faster with city size relative to supply. While tracking decreasing demand for skilled workers in different industries, the study finds that within-industry changes in skilled-labor shares drive increased demand for educated workers in cities.

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Infographic of the Day: The Most Water-Consuming States Are The Ones In Drought

October 25th, 2014
in News, econ_news, syndication

As the drought in the western United States drags on, communities have considered rules for residents' water use, and California imposed statewide restrictions.

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Combining Small Business Credit Score with Analysis Of Other Business In the Area Improves the Lending Process

October 25th, 2014
in econ_news, syndication

by WAIN Street

A firm’s financial health determines its ability to repay debts. The promise of big data is to incorporate an ever increasing pool of information about a firm’s financial behavior to make better predictions. And by blending in qualitative factors such as social media chatter, big data seeks to make a quantum leap in assessing business credit risk.

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Electronic Devices Are Becoming Less Power Hungry

October 24th, 2014
in News, econ_news, syndication

from Felix Richter, Statista.com
by Niall McCarthy

The amount of power consumed by household devices in the United States has dropped 12 percent over the past three years, despite the fact that there were a billion more devices.

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