The Biden administration’s escalation of sanctions could lead to Russia’s first default on foreign debt in a century.
Samuel Dodini, Jeff Larrimore, and Anna TranfagliaThis paper considers the credit response of individuals after the implementation of new work requirements for Supplemental Nutrition Assistance (SNAP) benefits using a large nationally representative sample of credit records. It does so by exploiting county-level variation in the implementation of work requirements after the Great Recession in a difference-in-differences design.
The Stuart Kirk spat reveals the profound level of uncertainty that makes global warming unlike any other public policy problem
Revisions to corporate financial reports rose 289% in 2021, with increase led by Spacs
ShutterstockThe year is 2030 and we are at the world’s largest tech conference, CES in Las Vegas. A crowd is gathered to watch a big tech company unveil its new smartphone. The CEO comes to the stage and announces the Nyooro, containing the most powerful processor ever seen in a phone. The Nyooro can perform an astonishing quintillion operations per second, which is a thousand times faster than smartphone models in 2020.
BoE exercise comes as HSBC executive questions ‘hyperbole’ on environment
Statistical Notices update the definitions and guidance contained in the Banking Statistics Yellow Folder
The Bank of England (Bank) has today published the results of the Climate Biennial Exploratory Scenario (CBES), which explores the financial risks posed by climate change for the largest banks and insurers operating in the UK.