Posted by Jason Lyons. Financial analysts are forecasting up to seven rate hikes in 2022, an increase from five hikes. We can anticipate the first rate hike, a 50 basis point increase to the Federal Funds Rate during the March FOMC meeting. Why has the Fed become “hawkish” recently? Quantitative easing during COVID and supply …
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Posted by Dominic Molendyke. Artificial Intelligence has taken over and had an impact on almost all professions and industries. Some more than others, obviously, but looking into law it is really interesting to see its profound effects and to see where it is headed. We see a new revolution taking place before our eyes as …
Posted by Connor Nielson. Ever since March 2020 everyone has been impacted by Covid in some way whether that is either negative or positive. It has been a rough patch for the whole world and it is scary that we do not know when it will end either. Covid has obviously had a huge impact …
Posted by Christian Finnigan. In the article Law Bots: How AI is Reshaping the Legal Profession by Matthew Stepka. He goes into how Artificial Intelligence or “AI” is potentially taking away blue-collar jobs because they are more efficient and are more capable of completing inhumanly possible tasks. One of the ways that AI could replace occupations is …
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Posted by Ian Benzler. An arbitrator has recently ruled against the sheriff and in favor of the Teamsters union in Franklin County, Washington, after Sheriff Jim Raymond tried to prevent a union representative, Jesus Alvarez, from visiting jail employees, known as correction officers, outside of normal working hours. Further, Raymond only let union representatives visit …
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Posted by Dylan Fahy. This article discusses how Roger Ng, a former managing director for Goldman Sachs, worked with a Malaysian financer by the name of Jho Low to allegedly “bribe officials in Malaysia and the United Arab Emirates and to launder billions of dollars stolen from 1Malaysia Development Bhd., a state-controlled economic development company …
Posted by Chris Stapleton. On Monday February 28th, Supreme Court Justices argued with differing points of view regarding federal authority to limit greenhouse gas emissions. Conservative Justices which make up the majority of the Supreme Court are in favor of general rules to limit the regulatory power of the federal government. Meanwhile, liberal Justices believe …
Posted by Andrew Rogers. Even though he stepped down from office, ex-Govenor Andrew Cuomo still faces legal problems that could cost the public millions. The state has agreed to pay up to $9.5 million to the legal teams of attorneys who are investigating and defending Governor Andrew Cuomo over sexual harassment allegations. It includes the …
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Posted by Jacob Mahon. In a time where cybercrime has been escalating the New York City Law Department has been compromised by a cyber attack. On June 5th a cyberattack was discovered. This resulted in the NYC Law Department restricting access to the network and thus affecting their operations. With 1,000 lawyers working in the …
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Posted by Catriona Larouche. Several years later after the fraud scandal taking surface in the world, Wells Fargo is still dealing with the consequences of its mistakes. In 2016, it was discovered that Wells Fargo had created savings and checking accounts on behalf of their clients without their consent. This being said, clients noticed this …
