Former Philadelphia Fed president wants examiners to use a 1962 law on AI vendors after the April 17 SR 11-7 rewrite excluded generative AI. The plan skips Congress but still asks for a new supervisory letter within 12 months, aimed at the few suppliers whose models many banks share.
Reality
- Evidence45
- Adoption
- Insufficient
- Hype gap+10
- Incentives
- Insufficient
- Confidence40
Nearly one in three Americans has financed groceries with buy now, pay later, close to double the share of two years ago. A forthcoming WashU model of retailer profit finds the merchant fee comes back as a higher shelf price for everyone.
Reality
- Evidence50
- Adoption55
- Hype gap+30
- Incentives40
- Confidence45
The class of 2023 started at $59,778 for women against $72,190 for men, so the payroll crossover that arrived without a recession behind it comes with a $12,412 gap measured before anyone's first promotion.
Reality
- Evidence58
- Adoption
- Insufficient
- Hype gap+15
- Incentives32
- Confidence56
A forthcoming Management Science paper models pay-later as a liquidity lever rather than a payments feature, and finds it moves list prices and stocking levels for every buyer.
Reality
- Evidence48
- Adoption61
- Hype gap+28
- Incentives62
- Confidence44
Small importers are carrying the tariff cases while the largest buyers route objections through trade associations. The plaintiffs setting your cost baseline answer to nobody's risk model.
Reality
- Evidence54
- Adoption78
- Hype gap+14
- Incentives62
- Confidence52