Tootfinder

Trump has asked the EU to impose tariffs of up to 100% on India and China as part of an effort to force the Russian president, Vladimir Putin, to end the war in Ukraine, according to reports.
The US president made the demand during a meeting between US and EU officials discussing options to increase economic pressure on Russia on Tuesday

Trump Fired America's Economic Data Collector. History Shows the Perils. (Ben Casselman/New York Times)
https://www.nytimes.com/2025/08/03/business/trump-bls-firing-economic-reports.html?unlocked_article_code=1.bU8.rRDw.MHENewXzaxZX&smid=url-share
http://www.memeorandum.com/250803/p35#a250803p35

When Donald Trump didn’t like the weak jobs numbers that were released on Friday, he fired the person responsible for producing them.
It was a move with few precedents in the century-long history of economic statistics in the United States.
And for good reason: When political leaders meddle in government data, it rarely ends well.
Perhaps most famously, there is the case of Argentina, which in the 2000s and 2010s systematically understated inflation figures to such a degre…

Trump Fired America’s Economic Data Collector. History Shows the Perils.
Economists say unbiased data is essential for policymaking, and for democracy.

CreditARF: A Framework for Corporate Credit Rating with Annual Report and Financial Feature Integration
Yumeng Shi, Zhongliang Yang, DiYang Lu, Yisi Wang, Yiting Zhou, Linna Zhou
https://arxiv.org/abs/2508.02738

CreditARF: A Framework for Corporate Credit Rating with Annual Report and Financial Feature Integration
Corporate credit rating serves as a crucial intermediary service in the market economy, playing a key role in maintaining economic order. Existing credit rating models rely on financial metrics and deep learning. However, they often overlook insights from non-financial data, such as corporate annual reports. To address this, this paper introduces a corporate credit rating framework that integrates financial data with features extracted from annual reports using FinBERT, aiming to fully leverage…

Okta reports Q2 revenue up 13% YoY to $728M, vs. $711.8M est., net income up 131% to $67M, and increases its fiscal 2026 forecast; OKTA jumps 6% after hours (Jordan Novet/CNBC)
https://www.cnbc.com/2025/08/26/okta-q2-earnings-report-2026.html

Okta raises forecast as CEO says economic conditions were ‘better than we thought’
One of Okta's partners, Palo Alto Networks, recently announced an agreement to buy Okta competitor CyberArk.

Capital & Main
is an award-winning nonprofit publication that reports from California
on the most pressing economic, environmental and social issues of our time
https://capitalandmain.com/about-capital-and-main

About Capital & Main
Investigating Money, Power and Society.

Exploring Economic Sectoral Dynamics Through High-resolution Mobility Data
Timothy F Leslie, Hossein Amiri, Andreas Z\"ufle
https://arxiv.org/abs/2506.13985

Exploring Economic Sectoral Dynamics Through High-resolution Mobility Data
We present a comprehensive dataset capturing patterns of human mobility across the United States from January 2019 to January 2023, based on anonymized mobile device data. Aggregated weekly, the dataset reports visits, travel distances, and time spent at public locations organized by economic sector for approximately 12 million Points of Interest (POIs). This resource enables the study of how mobility and economic activity changed over time, particularly during major events such as the COVID-19…

Patent citations and patent importance
Gaetan de Rassenfosse
https://arxiv.org/abs/2508.20503 https://arxiv.org/pdf/2508.20503

Patent citations and patent importance
This article reviews the empirical evidence on the use of patent citations as a proxy for invention importance. It distinguishes between technical merit, private economic value, and social value, and surveys validation studies using expert ratings, market data, renewal records, and compensation reports. The findings confirm that while the count of citations is positively associated with various dimensions of value, it remains a noisy indicator -- correlated but far from definitive.