Starting With a Bang: Fed Cuts Policy Rate

Published on September 20, 2024

We believe the Fed is on a path to continue to cut rates over the next several meetings to realign monetary policy with a now more “normal” U.S. economy.

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Financials-Sector Fallout: Macro Clues from Conferences and Interim Data

September 20, 2024
Conference season brings about its own set of volatility catalysts. Portfolio managers and traders must keep their ears out for clues on the state of the broad economy, specific industries, and individual companies.

US Department of Labor recovers $799K in back wages, damages owed to 110 employees denied overtime by Chicago-area car care centers

September 20, 2024
CHICAGO – A federal judge has ordered Mariusz Lekarczyk, the owner and operator of four Chicago-area We Wash Hand Wash and Car Detail Centers, and We Wash Car Care Center Inc. to pay $799,566 in back wages and damages to 110 employees and $110,990 in penalties to the U.S. Department of Labor, as part of a consent judgment and order obtained by the department. On September 19, 2024, the U.S. Distri