The Big Four Recession Indicators: Real Retail Sales Down 0.1% in August

Published on September 17, 2024

Nominal retail sales in August were up 0.05% month-over-month (MoM) and up 2.13% year-over-year (YoY). However, after adjusting for inflation, real retail sales were down 0.14% MoM and down 0.45% YoY.

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'No Regrets': Robert Hur Says Special Counsel Experience Prepared Him For King & Spalding Role

September 17, 2024
"When Attorney General [Merrick] Garland asked me to serve as special counsel, I agreed to do it and I left private practice out of a sense of duty to our country," said Robert Hur of King & Spalding.

AI Is a ‘Power Assist, Not a Replacement’

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Many advisors may view AI as a silver bullet, one that will replace their back-office staff. But panelists at the Future Proof Festival this week said it's more of an optimizer.