Bloomberg Law news

The CEO of Bloomberg Law sent an email message to subscribers recently, viewable here. In the message he announced that "Bloomberg is taking the next step to deliver better and faster solutions for our clients. Beginning in January 2014, we will join together into a single subsidiary all of our Bloomberg Law legal and business intelligence solutions, as well as Bloomberg BNA's industry-leading legal and regulatory businesses." He adds that "We are committed to making individual users more effective, and our clients' enterprises more profitable. For example, we are exploring how to integrate the BBNA Tax Management Portfolios with the Bloomberg Law DealMaker product to give tax professionals even more powerful tools for serving their clients."
We'll keep you posted.  

FRED database continues to grow

The St. Louis Federal Reserve Bank (FRED) database now has more than 140,000 economic time series available, due to the addition of the Organisation for Economic Co-operation and Development (OECD)'s Main Economic Indicators. You can check out all the data at the FRED website. The additional data allow users to make cross-country economic comparisons for the 34 OECD-member countries, plus Brazil, China, India, Indonesia, the Russian Federation and South Africa. These data include granular employment data by age, status and gender; balance of payments data; monetary aggregates; and compensation. The folks at St. Louis Fed continue to work to make economic data easily accessible, with many options for saving, sharing, and customizing the display. You can email them with requests for other data.

Detroit declares Chapter 9 bankruptcy

Detroit's bankruptcy filing is big news all over the country.  The Office of the United States Courts a very good post titled "When Cities Go Bankrupt" that explains Chapter 9 Bankruptcy with a map and links to more info.
UPDATE: BloombergLaw has an excellent discussion about Detroit's bankruptcy with bankruptcy attorney Harvey Miller.