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March 5, 2026

Law Firm Hiring Plummets 35% Amid Layoffs

America March 31, 2024

Law Firm Hiring Plummets 35% Amid Layoffs

In a startling revelation, lateral hiring within law firms witnessed a staggering decline of 35% last year, with associates bearing…

By Rihem Akkouche

Vladimir Putin President of Russia

And More November 17, 2022

Russian Economy Tips Into Recession, 8 Months After Its Invasion of Ukraine

Eight months after its invasion of Ukraine, Russia’s economy has tipped into a recession, according to official data from Moscow…

By Rochdi Rais

Jerome Powell Chair of The Federal Reserve of the United States

And More November 3, 2022

The Fed Could Let Economic Slowdown Until Around 2025, Says Morgan Stanley’s Global Chief Economist

The Federal Reserve could protract any economic slowdown until around 2025, if forced to, in its efforts to tame inflation…

By Rochdi Rais

Grocery shopping - Via Unsplash - Marie-Michèle Bouchard

And More October 23, 2022

US Consumers Continue Paying Higher Prices Despite Sluggish Economy, Says BofA and American Express

U.S. consumers are willing to continue paying higher prices in the face of a slow economy, and a looming recession,…

By Rochdi Rais

U.S. Housing by Zachary Keimig - Via Unsplash

And More October 22, 2022

The House Market Should Brace For More Setbacks, Goldman Sachs Says

The housing market is set for more crashes as mortgage rates continue to skyrocket, according to analysts at Goldman Sachs. …

By Rochdi Rais

Elon Musk CEO and Technoking of Tesla

America October 21, 2022

ELon Musks Says The Global Economic Decline Could Last “Until Spring of ’24.”

Tesla founder and CEO Elon Musk thinks the global economic mayhem could last for another year and a half. In…

By Rochdi Rais

Ian Shepherdson - British Economist

America September 25, 2022

US Home Prices Could Tumble 20% By Next Summer, Says Top Economist

The US housing market is grappling with a recession, and home prices could dip another 20% by next summer, a…

By Rochdi Rais

JPMorgan

And More September 18, 2022

The Fed Could Cut Rates Aggressively if a Recession Materializes, Says JPMorgan

In the same way that the Federal Reserve hiked interest rates in 2022, it could do the exact opposite in…

By Rochdi Rais

Banking Brief: Illinois Significant Compliance Updates in Q3 2023

And More August 24, 2022

The Dollar Will Decline in 2023 As The US Enters a Recession, Says Well Fargo Analysts

The dollar will start plummeting in 2023 as the US economy tips into a recession and the Federal Reserve is…

By Rochdi Rais

Ford - Dan Dennis - Via Unsplash

And More August 22, 2022

Ford Motor Is Cutting 3,000 Jobs From Its Global Workforce As Fears Of Recession Grow

Ford Motor is cutting 3,000 jobs from its global workforce as the automaker grapples with lowering costs as part of…

By Rochdi Rais

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