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August nonfarm payrolls are expected to rise by 53,000 as a subdued labor market keeps Fed attention focused on inflation.
Vice President J.D. Vance’s remarks came less than two weeks before the Federal Open Market Committee is set to convene and decide whether to adjust rates.
Wall Street banks are pushing large law firms to cut fees, arguing that the business model that has enriched top lawyers for decades is not sustainable in an era of AI. Morgan Stanley and Citigroup have told major law firms they want to set up new payment arrangements that would save them money, the banks’…
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