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🔗 United States 🔗 Economics 🔗 Politics 🔗 Politics/American politics

FedNow is an instant payment service developed by the Federal Reserve for depository institutions in the United States, which allows individuals and businesses to send and receive money. The service launched on July 20, 2023. Banks will be able to build products on top of the FedNow platform.

🔗 United States 🔗 France 🔗 Germany 🔗 Economics 🔗 New York City 🔗 Business 🔗 United Kingdom 🔗 Trains 🔗 Hungary 🔗 Austria 🔗 United States/Massachusetts 🔗 Chicago 🔗 European history 🔗 Vienna 🔗 United States/Massachusetts - Boston 🔗 Ireland 🔗 Former countries 🔗 United States/U.S. history 🔗 Former countries/Austria-Hungary 🔗 Austria/Austria-Hungary

The Panic of 1873 was a financial crisis that triggered an economic depression in Europe and North America that lasted from 1873 to 1877, continuing until 1879 in the French Third Republic and in the United Kingdom of Great Britain and Ireland. In Britain, the panic started two decades of economic stagnation known as the "Long Depression" that weakened the country's economic leadership. In the United States, the period of economic stagnation was known as the "Great Depression" until the events of 1929 and the early 1930s set a new standard.

The Panic of 1873 and the subsequent depression had several underlying causes, of which economic historians debate the relative importance. American inflation, rampant speculative investments (overwhelmingly in railroads), the demonetization of silver in Germany and the United States, ripples from economic dislocation in Europe resulting from the Franco-Prussian War (1870–1871), and major property losses in the Great Chicago Fire (1871) and the Great Boston Fire (1872) all contributed to a massive strain on bank reserves, which in New York City plummeted from $50 million to $17 million between September and October 1873. The first symptoms of the crisis were financial failures in Vienna, the capital of Austria-Hungary, which spread to most of Europe and to North America by 1873.

🔗 United States 🔗 Biography 🔗 Computing 🔗 Women scientists 🔗 Biography/science and academia 🔗 Women's History 🔗 Chicago 🔗 Catholicism 🔗 United States/Iowa

Mary Kenneth Keller, B.V.M. (December 17, 1913 – January 10, 1985) was an American Roman Catholic religious sister, educator and pioneer in computer science. She and Irving C. Tang were the first two people to earn a doctorate in computer science in the United States.

🔗 United States/U.S. Government 🔗 United States

This article deals with the activities of the Central Intelligence Agency of the Federal government of the United States, that violate human rights.

🔗 United States 🔗 History 🔗 Philosophy 🔗 Philosophy/Social and political philosophy 🔗 British Empire 🔗 Sociology 🔗 United States History 🔗 United States/U.S. history

The Strauss–Howe generational theory, also known as the Fourth Turning theory or simply the Fourth Turning, which was created by authors William Strauss and Neil Howe, describes a theorized recurring generation cycle in American history. According to the theory, historical events are associated with recurring generational personas (archetypes). Each generational persona unleashes a new era (called a turning) lasting around 20–22 years, in which a new social, political, and economic climate exists. They are part of a larger cyclical "saeculum" (a long human life, which usually spans between 80 and 90 years, although some saecula have lasted longer). The theory states that after every saeculum, a crisis recurs in American history, which is followed by a recovery (high). During this recovery, institutions and communitarian values are strong. Ultimately, succeeding generational archetypes attack and weaken institutions in the name of autonomy and individualism, which ultimately creates a tumultuous political environment that ripens conditions for another crisis.

Strauss and Howe laid the groundwork for their theory in their 1991 book Generations, which discusses the history of the United States as a series of generational biographies going back to 1584. In their 1997 book The Fourth Turning, the authors expanded the theory to focus on a fourfold cycle of generational types and recurring mood eras to describe the history of the United States, including the Thirteen Colonies and their British antecedents. However, the authors have also examined generational trends elsewhere in the world and described similar cycles in several developed countries.

Academic response to the theory has been mixed—some applauding Strauss and Howe for their "bold and imaginative thesis" and others criticizing the theory as being overly-deterministic, non-falsifiable, and unsupported by rigorous evidence, "about as scientific as astrology or a Nostradamus text." Strauss–Howe generational theory has also been described by some historians and journalists as a "pseudoscience" "kooky", and "an elaborate historical horoscope that will never withstand scholarly scrutiny."

Academic criticism has focused on the lack of rigorous empirical evidence for their claims, and the authors' view that generational groupings are far more powerful than other social groupings such as economic class, race, sex, religion and political parties.

🔗 United States 🔗 Biography 🔗 Women's History 🔗 Christianity 🔗 Gender Studies 🔗 United States/Rhode Island 🔗 Christianity/Religious Society of Friends (Quakers)

The Public Universal Friend (born Jemima Wilkinson; November 29, 1752 – July 1, 1819) was an American preacher born in Cumberland, Rhode Island, to Quaker parents. After suffering a severe illness in 1776, the Friend claimed to have died and been reanimated as a genderless evangelist named the Public Universal Friend, and afterward shunned both birth name and gendered pronouns. In androgynous clothes, the Friend preached throughout the northeastern United States, attracting many followers who became the Society of Universal Friends.

The Public Universal Friend's theology was broadly similar to that of most Quakers. The Friend stressed free will, opposed slavery, and supported sexual abstinence. The most committed members of the Society of Universal Friends were a group of unmarried women who took leading roles in their households and community. In the 1790s, members of the Society acquired land in Western New York where they formed the township of Jerusalem near Penn Yan, New York. The Society of Universal Friends ceased to exist by the 1860s. Many writers have portrayed the Friend as a woman, and either a manipulative fraudster, or a pioneer for women's rights; others have viewed the preacher as transgender or non-binary and a figure in trans history.

🔗 United States 🔗 Biography 🔗 Computer science 🔗 Telecommunications 🔗 Systems 🔗 Biography/science and academia 🔗 Cryptography 🔗 Cryptography/Computer science 🔗 Electronics 🔗 Systems/Systems theory 🔗 Telecommunications/Bell System 🔗 Cycling

Claude Elwood Shannon (April 30, 1916 – February 24, 2001) was an American mathematician, electrical engineer, and cryptographer known as "the father of information theory". Shannon is noted for having founded information theory with a landmark paper, "A Mathematical Theory of Communication", that he published in 1948.

He is also well known for founding digital circuit design theory in 1937, when—as a 21-year-old master's degree student at the Massachusetts Institute of Technology (MIT)—he wrote his thesis demonstrating that electrical applications of Boolean algebra could construct any logical numerical relationship. Shannon contributed to the field of cryptanalysis for national defense during World War II, including his fundamental work on codebreaking and secure telecommunications.

🔗 United States 🔗 Economics 🔗 Politics

American decline is a term used by various analysts to describe the diminishing power of the United States geopolitically, militarily, financially, economically, socially, and in health and the environment. There has been a debate between declinists, those who believe America is in decline, and exceptionalists, those who feel America is immortal.

Some analysts say that the U.S. was in decline long before Donald Trump ran for presidency; becoming the first presidential candidate to promote the idea that the U.S. was in decline. While others suggest the decline either stems from or has accelerated with Trump's foreign policy and the "country’s ongoing withdrawal from the global arena." According to Noam Chomsky, America's decline started at the end of WWII, dismissing the "remarkable rhetoric of the several years of triumphalism in the 1990s" as "mostly self-delusion".

Gallup's pollsters recently reported that worldwide approval of U.S. leadership has plunged from 48% in 2016 to a record low of 30% in 2018, in part due to the increasingly isolationist stances of Donald Trump. This drop places the U.S. a notch below China's 31% and leaving Germany as the most popular power with an approval of 41%. Michael Hudson describes financial pillar as paramount, resulting from bank-created money with compound interest and the inbuilt refusal to forgive debts as the fatal flaw.

China's challenging the U.S. for global predominance constitutes the core issue in the debate over the American decline.

🔗 United States 🔗 Chicago 🔗 United States/American Old West 🔗 Organized Labour 🔗 United States/U.S. history

Pinkerton is a private security guard and detective agency established around 1850 in the United States by Scottish-born American cooper Allan Pinkerton and Chicago attorney Edward Rucker as the North-Western Police Agency, which later became Pinkerton & Co, and finally the Pinkerton National Detective Agency. It is currently a subsidiary of Swedish-based Securitas AB. Pinkerton became famous when he claimed to have foiled the Baltimore Plot to assassinate president-elect Abraham Lincoln in 1861. Lincoln later hired Pinkerton agents to conduct espionage against the Confederacy and act as his personal security during the American Civil War.

The Pinkerton National Detective Agency hired women and minorities from its founding because they were useful as spies, a practice uncommon at the time. At the height of their power, the Pinkerton Detective Agency was the largest private law enforcement organization in the world.

Following the Civil War, the Pinkertons began conducting operations against organized labor. During the labor strikes of the late 19th and early 20th centuries, businesses hired the Pinkerton Agency to infiltrate unions, supply guards, keep strikers and suspected unionists out of factories, and recruit goon squads to intimidate workers. During the Homestead Strike of 1892, Pinkerton agents were called in to reinforce the strikebreaking measures of industrialist Henry Clay Frick, who was acting on behalf of Andrew Carnegie, the head of Carnegie Steel. Tensions between the workers and strikebreakers erupted into violence which led to the deaths of three Pinkerton agents and nine steelworkers. During the late nineteenth century, the Pinkertons were also hired as guards in coal, iron, and lumber disputes in Illinois, Michigan, New York, Pennsylvania, and West Virginia. Pinkertons were also involved in other strikes such as the Great Railroad Strike of 1877.

During the 20th century, Pinkerton rebranded itself into a personal security and risk management firm. The company has continued to exist in various forms through to the present day, and is now a division of the Swedish security company Securitas AB, operating as "Pinkerton Consulting & Investigations, Inc. d.b.a. Pinkerton Corporate Risk Management". The former Government Services division, PGS, now operates as "Securitas Critical Infrastructure Services, Inc.".

🔗 United States/U.S. Government 🔗 United States 🔗 Military history 🔗 Military history/North American military history 🔗 Military history/United States military history 🔗 Law 🔗 United States History 🔗 U.S. Congress 🔗 Military history/National militaries 🔗 Vietnam

The War Powers Resolution (also known as the War Powers Resolution of 1973 or the War Powers Act) (50 U.S.C. ch. 33) is a federal law intended to check the U.S. president's power to commit the United States to an armed conflict without the consent of the U.S. Congress. The resolution was adopted in the form of a United States congressional joint resolution. It provides that the president can send the U.S. Armed Forces into action abroad only by declaration of war by Congress, "statutory authorization", or in case of "a national emergency created by attack upon the United States, its territories or possessions, or its armed forces".

The bill was introduced by Clement Zablocki, a Democratic congressman representing Wisconsin's 4th district. The bill had bipartisan support and was co-sponsored by a number of U.S. military veterans. The War Powers Resolution requires the president to notify Congress within 48 hours of committing armed forces to military action and forbids armed forces from remaining for more than 60 days, with a further 30-day withdrawal period, without congressional authorization for use of military force (AUMF) or a declaration of war by the United States. The resolution was passed by two-thirds each of the House and Senate, overriding the veto of President Richard Nixon.

It has been alleged that the War Powers Resolution has been violated in the past. However, Congress has disapproved all such incidents, and no allegations have resulted in successful legal actions taken against a president.