Hong Kong Protests: Beijing is Now Face to Face with Universal Suffrage Promise

October 2nd, 2014
in econ_news

by Surya Deva, The Conversation

After days on the streets, thousands of Hong Kong residents are still occupying several major streets of their city. Already nicknamed as the “umbrella movement” because of protesters' use of umbrellas to shield against the police’s pepper spray, this is the fruit of indifference from both Beijing and the local government to the genuine universal suffrage demands made by a significant section of Hong Kong society.

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Is Small Business Lending Valuable to Banks?

October 1st, 2014
in econ_news

by Joe Peek, Federal Reserve Bank of Boston

The consolidation of individual U.S. bank charters has resulted in both a shrinkage in the number of banks and an increase in their average size. (See “Number and Average Size of U.S. Commercial Banks.”) A well-known concern is the effect on the availability of credit to small and midsize enterprises (SMEs) that, being too small to efficiently access national credit markets directly, rely on financial intermediaries, especially banks. A less well-known concern is the potential adverse effect on the shareholders of the surviving banking organization.

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Infographic of the Day: Retail Loyalty Programs

October 1st, 2014
in News, econ_news, syndication

The area of retail loyalty programs is something of potential benefit.

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What We've Learned From Four Years of Diving Into Dollars for Docs

October 1st, 2014
in econ_news

Special Report from Probublica

by Charles Ornstein, ProPublica

This story was co-published with The New York Times.

On Tuesday, the federal government is expected to release details of payments to doctors by every pharmaceutical and medical device manufacturer in the country.

What the New ‘Collaborative Media' Can Mean

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PayPal Could Soon Be Bigger than eBay

October 1st, 2014
in News, econ_news, syndication

by Felix Richter, Statista.com

Thanks to strong growth of its online payments business, eBay reported better-than-expected second quarter results yesterday.

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