Author: Industry News

5 Tricks To Make Your Identity Portfolio More Secure
Social Security Disability

5 Tricks To Make Your Identity Portfolio More Secure

5 Tricks To Make Your Identity Portfolio More Secure.
Another portfolio is the one most people neglect, if they even know it exists: the identity portfolio.
That said, a poorly managed identity portfolio can cost you big time.
But don’t be so creative that you can’t remember your lies.
Choose Built-in Biometric Authentication Speaking of thumb drives, for a reasonable price you can buy one that requires your fingerprint to access the information stored on it.
Whether it’s a new smartphone or a gun safe, there are an increasing number of products that offer biometric security features.
Remember, as I discuss at length in my book SWIPED, don’t share too much information with folks you don’t know, whether in person, on the phone or online via social media, and never authenticate yourself to anyone unless you are in control of the interaction.
They offer hackers information that can be used to answer security questions.
The nonprofit Identity Theft Resource Center (ITRC) has created a simple set of protocols called SHRED: Strengthen passwords Handle PII with care Read credit reports annually Empty your purse/wallet Discuss these tips with friends I encourage you to do all of the above and make good privacy and security hygiene a part of your daily life.
You will bear in mind what happens when people overshare on social media.

Why Do Trump’s Supporters Remain Committed Despite His Ineptitude?
Social Security Disability

Why Do Trump’s Supporters Remain Committed Despite His Ineptitude?

Why Do Trump’s Supporters Remain Committed Despite His Ineptitude?.
There are many outrages in the (now more than 100-day old) Trump Administration.
Trump’s approval rating is at 40 percent and was lower for much of the past few months, it having advanced ever so slightly in the last two weeks largely as a consequence of the bombing in Syria.
The right-wing GOP’s new proposal allows states to avoid the ban on exclusions for those conditions that Obamacare enacted and the public overwhelmingly supports.
Absent enormous, government-funded subsidies, those high-risk pools into which all those “pre-existing” diabetics and cancer patients will be thrown will be pools where premiums will be extraordinarily high and therefore unaffordable for many who need the coverage most.
Nevertheless, among the 62 million or so who actually voted for Trump last November, 96 percent still support him.
Second, among the middle and poor swaths of that voting group ― in other words, among the rural, white working class that hasn’t had a raise in thirty years and is moving down, not up, the economic ladder ― Trump has sold them a bill of goods that holds immigrants abroad, minorities at home, and globalists in D.C. responsible for their economic plight.
In fact, that was the whole point of their tax cuts in the first place.
Because the right wing’s corrupt bargain between Wall Street’s rich and West Virginia’s poor is that the former get their tax cuts and de-regulation windfalls so long as the latter believe their poverty has its roots in illegal immigration and affirmative action.
Trump did not create that bargain.

Hiring rebound? What to watch in April jobs report

Hiring rebound? What to watch in April jobs report

Hiring rebound?
What to watch in April jobs report.
WASHINGTON (MarketWatch) — Hiring in the U.S. likely snapped back in April after disappointingly small gain in March, pointing to an economy that’s still strong enough to nudge the Federal Reserve to raise interest rates again within a few months.
April rebound Economists polled by MarketWatch estimate the U.S. economy created 190,000 jobs month, bouncing back after a paltry 98,000 increase in March.
The size of the workforce is growing about half as much a month.
The 3% pay hump Hourly pay has been rising over the past two years as a dwindling pool of labor forces companies to pay workers more, but wages still aren’t growing as fast as they did during prior economic recoveries.
Watch the U6 unemployment rate.
The unemployment rate used by the government as the official measure, known as U3, is already quite low at 4.5%.
The official unemployment rate just counts jobless Americans actively looking for full-time work.
Economists look for a bigger increase in construction jobs after a small gain in March.

Ten years on: How safe are banks?Another crisis one day cannot be ruled out

Ten years on: How safe are banks?Another crisis one day cannot be ruled out

Ten years on: How safe are banks?Another crisis one day cannot be ruled out.
IN 1992 SWEDEN nationalised (and subsequently merged) two banks: Gota Bank and Nordbanken, which was already mostly owned by the state.
The one of 2007-08 was the biggest and worst since the 1930s, so the recovery was bound to take time.
Economic growth in America restarted in 2009 and has continued ever since, in one of the longest periods of expansion since the second world war.
The economy recovered its pre-crisis level of GDP per person only in 2013.
America’s ratio of debt to GDP rose by about half between 2007 and 2011, though it has since steadied.
Although some have declined in the past couple of years, the countries’ ratios are still far above pre-crisis levels (see chart).
Central banks’ balance-sheets and interest rates also still bear the imprint of the crisis, not least because monetary rather than fiscal policy has been the principal, even sole, means of post-crisis macroeconomic support.
Economic crises always have political consequences, which loop back into economic policy for decades to come.
Bankers’ recent grumbles about capital requirements and the burden of supervision have caused some to worry that bad old habits may be returning.

No One Knows Exactly How Trumpcare Would Work

No One Knows Exactly How Trumpcare Would Work

The first amendment, negotiated by Republicans Tom MacArthur of New Jersey and Mark Meadows of North Carolina, on behalf of the conservative Freedom Caucus, would allow states to opt-out of a Obamacare provision requiring insurers to charge everyone the same amount for health insurance.
So that means that if your kid has leukemia, you’ll still be able to get insurance, but it could cost you, say, hundreds of thousands of dollars per year.
That same MacArthur-Meadows amendment also allows states to opt-out of another, different Obamacare provision.
That one requires insurers to offer health plans covering ten basic “essential health benefits.”
As a Wall Street Journal story pointed out, if any state opts-out of covering essential health benefits, hundreds of millions of Americans could see their benefits shrink.
Back in 2011, the Obama Administration announced that employers should interpret an obscure sentence in the Affordable Care Act to mean that they can offer employees the required benefits from any state where they operate.
If any state—even just one!—opts out of Obamacare’s 10 essential benefits requirement, then large employers anywhere can use that state as their benchmark.
That leads us to the second major amendment in this version of the House Republicans’ “repeal and replace” bill, which was negotiated by Michigan Republican Fred Upton.
The logic bgoes like this: if people with pre-existing conditions are priced-out of private health plans, they can petition to be accepted to special, state-run insurance pools—those are the “high risk pools”—for the sickest of the sick.
But most conservative estimates say high risk pools will cost about $25 to $35 billion dollars a year.

Business this week

Business this week

Business this week.
In a highly unusual move, one of the presidents of the Federal Reserve’s 12 regional banks resigned abruptly following an investigation into information that was leaked to a financial analyst five years ago.
Jeffrey Lacker had headed the Federal Reserve Bank of Richmond since 2004, a role that gave him a place on the Fed’s monetary policymaking committee.
On the never-never again A warning was issued by the Bank of England about the expansion of consumer credit in Britain, notably the growth of unsecured loans and zero-interest offers.
Scotland’s economy shrank by 0.2% in the last quarter of 2016, a blow to the nation’s independence-minded government given that the United Kingdom as a whole grew by 0.7%.
Scotland’s finance minister blamed last June’s UK-wide referendum on leaving the European Union.
Greece and Spain recorded the highest rates, at 23.1% and 18%.
The $43bn takeover of Syngenta by ChemChina was cleared by the EU’s antitrust regulator, which said it was satisfied that the pair’s promise to sell some assets allayed concerns that the deal could reduce competition in the agribusiness industry.
Iceland has taken a tougher approach, unveiling a bill that would force firms to demonstrate that they provide equal pay to men and women, the first such stipulation in the world.
Tesla’s share price soared after it published bumper first-quarter sales figures for its electric cars.

Vote for the banker. It’s importantLe Pen has not lost yet. French voters should unite against her

Vote for the banker. It’s importantLe Pen has not lost yet. French voters should unite against her

Vote for the banker.
French voters should unite against her.
Talk has turned to the obstacles he might face in office.
Mr Macron has not won yet.
Ms Le Pen, by contrast, offers bigotry mixed with make-believe.
Ms Le Pen is also reaching out to mainstream conservatives.
To voters of all stripes, she promises protection.
Against foreign competition.
Ms Le Pen stirs deeper passions than Mr Macron.
And Ms Le Pen will be back in 2022.

Saviour Moon?How South Korea’s next president can cheer up his unhappy country

Saviour Moon?How South Korea’s next president can cheer up his unhappy country

LAST year millions of South Koreans took to the streets to secure the impeachment of Park Geun-hye, their conservative president.
On May 9th the country will pick a new president in a snap election.
The winner looks almost certain to be Moon Jae-in, the liberal whom Ms Park defeated at the last election in 2012.
The scandal tested South Korea’s young, raucous democracy—and it passed.
Its economy remained turbo-charged throughout its transition away from military rule in the 1980s and 1990s.
Like disgruntled voters elsewhere, they feel that their political system is not working for them.
He says that, if elected, he will not live or work in the presidential mansion, the Blue House.
Political parties need to shape up, too.
Four-fifths of South Koreans do not feel that their MP represents them properly.
The liberal, dovish Mr Moon has gone out of his way to court conservative and hawkish voters.

Ivanka Trump and the push for paid parental leave

Ivanka Trump and the push for paid parental leave

Ivanka Trump and the push for paid parental leave.
Nothing has come of his proposal yet and no mention was made of it in Mr Trump’s first budget.
Ms Trump has since suggested that she wants the leave to be available to men as well as women.
Mr Trump, who has described pregnancy as “an inconvenience for a business”, probably owes his interest in the issue to his daughter.
Most women, and mothers, now work.
Forcing women back to work a few days after giving birth is brutal; there is increasing evidence of the social and economic benefits of allowing working women to spend time with their newborn children.
A study of California’s paid leave programme, which provides partial pay for up to six weeks after childbirth, and is funded through a temporary disability insurance tax, found that poor women benefited most and in a way that should interest those conservative lawmakers.
A recent study from Boston Consulting Group suggests found the pros of a family leave policy among private companies—including improved employee morale and retention—outweigh the cons.
Deb Fischer, a Republican senator from Nebraska, has introduced a bill that would create a tax incentive for companies to offer two weeks of paid family leave a year.
Mr Trump has shown no obvious sign of interest in either proposal.

6 charts illustrate why the Fed is willing to overlook the economy’s ugly quarter

6 charts illustrate why the Fed is willing to overlook the economy’s ugly quarter

6 charts illustrate why the Fed is willing to overlook the economy’s ugly quarter.
The advance release of first-quarter gross domestic product showed the economy grew by 0.7%, its slowest pace in three years. “Household spending rose only modestly, but the fundamentals underpinning the continued growth of consumption remained solid,” the statement added.
According to the Fed, near-term risks to the economy are “roughly balanced,” meaning extended weakness is possible.
However, these charts show why the Fed considers the first-quarter slowdown as temporary: Consumer confidence is still high.
Consumer confidence and expectations for future economic conditions have recently slipped, but are still well above their pre-election levels.
This is part of what made the drop in spending last quarter puzzling.
Wages are rising slowly.
But they’re rising.
The Fed is happy with the jobs market.