October 2024 Legal News: Law Firm News and Industry Expansion, Industry Awards and Recognition, DEI and Women in Law

Thank you for reading the National Law Review’s legal news roundup, highlighting the latest law firm news! As the cooler months settle in, legal industry news continues to be a…

How Amazon changes local economies when it moves in

When Amazon (AMZN) announced its expansion into Nashville, including a new headquarters there, the move marked the single largest jobs commitment made by a company in Tennessee’s history. The data…

Ecuador goes dark in a power crisis that punishes economy

(Bloomberg) — Life without electricity is wearing on Ecuadorians, punishing their already frail economy and raising questions about the political future. Most Read from Bloomberg Daily blackouts stretch for 10…

The bull market is 2 years old. Here’s where Wall Street thinks stocks go next.

The bull market in the S&P 500 (^GSPC) began two years ago and is showing few signs of slowing. Backed by the rise of artificial intelligence euphoria and a surprisingly…

Boeing stock slides as company plans to cut 17,000 jobs, delays jet delivery amid labor strike

Boeing stock (BA) slid 2% in after-hours trading Friday as the company said it would cut its workforce by 10%, or roughly 17,000 jobs, and delay the first delivery of…

US Expands Sanctions on Iran Oil Sector Over Israel Attack

(Bloomberg) — The US broadened the scope of its sanctions on Iran’s oil and gas sectors in response to a ballistic-missile attack on Israel, ramping up economic pressure on Tehran…

Trump Adviser Bessent Slams Fed Over September Half-Point Cut

(Bloomberg) — A top economic adviser to Donald Trump said the Federal Reserve exercised bad judgment by cutting interest rates close to the presidential election. Most Read from Bloomberg “If…

Rytr or Wrong: Is the FTC’s Operation AI Comply a Prudent Defense Against Deception or an Assault on Innovation and Constitutional Free Speech?

In today’s rapidly evolving digital economy, new artificial intelligence tools promise to transform every industry. Sometimes, those promises are overblown or outright deceptive. So, as the AI hype cycle continues,…

Bond Traders’ Big Week Ends With Fed Rate Cuts Even Less Certain

(Bloomberg) — The bond market is growing less convinced by the day that the Federal Reserve will embark on two further interest-rate cuts this year. Most Read from Bloomberg Traders…

Hurricane Milton deals estimated $160B blow in damage, economic loss

Hurricane Milton caused at least $160 billion in damage and economic loss, according to a preliminary estimate from AccuWeather. (Photo: City of Tampa) The Category 3 hurricane hit Florida Wednesday…