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Transcripts For BLOOMBERG Bloomberg 20240703

Coming up, inflation shows signs of cooling. The latest data being promising. Jay powell on hold saying the fed is awaiting more evidence before cutting. Investors move on keeping bets for at least one rate cut this year. Can the fed achieve nirvana . U. S. Economy is chugging along pretty well. We have had good health for quite a while. There are thousand things that can go wrong but right now everything is in pretty good shape. It is necessary to make sure we in a fiscally sustainable path. The higher Interest Rate path makes that more difficult. Where it will be in six months, how much of the slowdown we see in the bottom quartile, we have to watch the data carefully. Whenever the worlds person in for a soft landing, it is half that. We have a 2 growth rate. The cost of living in mary areas is very high. It is a concern to americans. There are a lot of Inflationary Forces in front of us that may keep it higher than people expect. . What the fed is doing with the rate structure is ha

With addition of 17 lawyers, Baker McKenzie picks up most of this firm s corporate team

Partner ran office like a toxic boys club locker room, fired Thompson Hine lawyer alleges

Updated: A fired income partner at Thompson Hine has filed a gender bias lawsuit against the law firm alleging that a former vice chair of litigation ruled the firm’s New York office “like a toxic boys club locker room.”

Boosted by spike in negotiated rates, law firms return to profitability, report says

Law firms returned to profitability in 2023 as “worked rates” accelerated throughout the year, according to the Law Firm Financial Index report for the fourth quarter of 2023 by the Thomson Reuters Institute.

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