A recently published and me are working paper shows that many Public Companies are now changing how they communicate in order to appeal to algorithmic analysis of their Financial Filings and quarterly investment calls so financial analysts they have published a qualitative list of good and bad words commonly used in s. B. C. Filing now the study shows that the Public Companies have been using fewer of the bad words and regardless of the method found that management they tried to sound more upbeat so that Voice Analysis Software listening to the call would read these emotions as positive so its really interesting that as Technology Gets more sophisticated both written and spoken Financial Disclosure is adapting so aka disclosure is getting muddier and world pay as we go because management doesnt want to make any statement on future outlook given the global uncertainty and to management just started using more neutral terms and guidance as to avoid the wrath of the algos impacting their
Spending Federal Reserve governor bernard said that the recovery remains highly uneven and without government funding our Government Spending long standing disparities in the economy and labor market could make matters worse in prepared remarks to an online conference bernard said premature withdrawal of fiscal support would risk allowing recessionary dynamics to become entrenched Holding Back Employment and spending increasing scarring from extended unemployment spells leaving more businesses to shutter and ultimately harming productive capacity last month Photo Officials said they plan to keep Interest Rates near 0 until the labor market has recovered while keeping inflation at a 2 percent for more on this and the overall state of the economy were joined by boom cohost christine and host of economic update and author of understanding socialism professor Richard Wolffe professor we have now heard from bernard from from powell that more stimulus is needed in order to continue this reco
Of government. Created by americas Cable Television companies as a Public Service and brought to you today by your television provider. Us this week on the communicators as federal trade Commission Commissioner Noah Phillips, one of three republicans sitting on that commission. This has been a couple of years you have been on the commission. What kind of work do you do . Commissioner phillips we do a lot of really exciting work. Twomission is divided into pieces. Competition, antitrust law, and consumer protection, which covers a wide swath of territory. Both of those areas put us squarely in the middle of a lot of interesting changes our society is going through and technologies, which all of us are dealing with and many of us are using. And teliknology medications have become a bigger part of your portfolio, havent they . Commissioner phillips to some extent, yes because to some extent telecommunications are much more the purview of the fcc, but with respect to privacy, we do work wi
Law, and Consumer Protection which covers a wide swathe of territory but includes everything from gardenvariety scams to [inaudible] both of those areas are squarely in the middle a lot of really interesting changes that our society is going through and technologies which all of us are dealing and not many of us are using. Host technology and telecommunications had become a bigger part of your portfolio over the last couple of years, havent they . Guest to some extent yes your essay to some extent because telecommunications are much more purview of the Commerce Department in the fcc. But, for example, with respect to privacy, we do work there with respect to advertising claims. We do work there and certain technology is a a big part of t we do. Host and antitrust when it comes to technology, correct . Guest yes, very much so. Host it was a recent article in the wall street journal talking about a potential lawsuit against facebook. Can you tell us about that . Guest all i can tell you
Apple were virtually on capitol hill for hearing on big tech and at the trust. Thats our discussion this week on the communicators. Joining us is cerebellar who is with the American Economic liberties project. Shes the executive director, and former congresswoman Barbara Comstock two is now a Senior Advisor at Baker Donelson. Sarah miller, the question i always ask quite a bit at the hearing was his big tech too big . What is your answer to that . Guest i think the obvious answer to that is absolutely. The members of the subcommittee, both democrats and republicans really focused in on the power of these corporations over the way that we communicate and the way that we engage in commerce. That was the dominant theme of this hearing, and he also got into the guts of how these businesses work, how they abuse their dominance, i think gauge and predatory behavior and just how they are hurting other businesses, small, medium sized businesses and everyday families. Families. It was really qu