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Law firms are capitalizing on client uncertainty sparked by a flurry of new U.S. Supreme Court rulings that favored opponents of federal agency powers, even as lawyers themselves differ on the decisions' immediate and long-term effects. Within hours of the decisions, major U.S. law firms began sending out client-focused emails and webinar invitations to discuss the cases and showcase their expertise, a marketing strategy that often follows major legal developments. Law firms known for challenging federal regulations stand to be particularly busy, but lawyers said it will take time for the new landscape to take shape.
Federal Reserve chair Jerome Powell managed to smooth some election-ruffled feathers in bond markets on Tuesday, helping Wall St stocks back to all-time highs as a sweep of labor market soundings are due ahead of the July 4 break. U.S. Treasuries, which had been hit earlier this week by rising bets on Donald Trump's return to the White House and the fiscal implications of his campaign promises, have calmed somewhat since Powell spoke in Portugal on Tuesday. Ten-year yields have slipped back to 4.43% from peaks close to 4.5% set on Monday - when betting markets pushed former President Trump's chances of beating incumbent Joe Biden in November to more than 60% after Biden's dire TV debate performance last week.
If you prefer your hot dogs boiled instead of grilled, here's a guide on cook time.
Laura Noce has been named Vice President of Human Resources at Jefferson Consulting Group.
He and his wife have been on 120 honeymoons.
High fuel costs and the threat of a hurricane are not expected to dampen Americans' desire to hit the road this summer, with vacationers preparing for record travel to kick off Fourth of July holiday festivities. Motorist group AAA expects a record of almost 71 million people to travel around the U.S. Independence Day holiday, growth similar to a pre-pandemic trajectory. Some 60 million people will drive with nearly 6 million flying to their destinations, while around 4.6 million people will take buses, trains or cruises during the holiday period, according to AAA's forecast.
Elon Musk will be among the keynote speakers at the opening ceremony of the World AI Conference (WAIC) in Shanghai on Thursday, according to an agenda released in advance of the event. The agenda did not specify whether Musk would appear in person or via video, but someone with knowledge of the matter said Musk was not expected to appear in person. WAIC organisers did not immediately respond to a request for comment on Musk's attendence or keynote.
All three Detroit automakers work to supply schools hungry for vehicles to train future shop techs.
The Australian Securities and Investment Commission's (ASIC) scope was too broad for it to be effective and efficient and the government should consider splitting its functions between a companies regulator and a financial conduct authority, the report said. "It is clear ASIC has failed," said Senator Andrew Bragg, who also chaired the Senate Economics Committee, which delivered the final report after a 20-month long inquiry. The ASIC did not immediately respond to a Reuters request for comment.