October 2nd, 2014
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.
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.
The area of retail loyalty programs is something of potential benefit.
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.
- Our Dollars for Docs Database We compiled two million records from all the companies that have disclosed their payments to doctors so far. Search for your physician.