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Submitted by Jeffrey Snider via Alhambra Investment Partners, Whenever the topic of recession comes up, the mainstream and especially economists (redundant) become quite defensive about the possibility. Just a few days ago, presidential candidate Donald Trump claimed the US was headed for “a very massive recession” and that it was “a terrible time right now.” […]

Officers of the National Drug Law Enforcement Agency (NDLEA) have discovered twenty-eight packs of Tramadol weighing 21.99kgs inside a DJ Rack box and 1.8kgs of cocaine in boxer shorts, the agency said in a statement on Thursday. The seizure was made at the Murtala Muhammed International Airport (MMIA) Lagos. The Tramadol which was hidden among […]

President Muhammadu Buhari on Thursday urged the National Association of Resident Doctors (NARD) to shelve its threatened strike action and give the Federal Government a chance to resolve doctors’ grievances. Speaking at a meeting with the leadership of the Nigerian Medical Association (NMA), President Buhari gave the doctors an assurance that no agreements duly entered […]

The federal minimum wage stands at a paltry $7.25 an hour. But while the federal government might be fine with you paying so little, some states recently have instituted drastic increases to their minimum wages. Just last week, California and New York both adopted new laws setting a $15 minimum wage. That’s a major change […]

It looks like the University of Michigan Law School produces the most influential federal judges — by a large percentage. A recent study conducted by the legal analytics firm Ravel Law shows that the graduates of the law school wrote more opinions and were cited more times than any other law school in the nation. […]

An elderly D.C. woman will finally be able to have her case heard in court after the D.C. Circuit Court determined that a reasonable jury could have determined that officers were unreasonable in shooting the plaintiff’s dog while executing a search warrant for drugs. This is the second qualified immunity case recently reviewed by a […]

Several JPMorgan employees were fired from their positions at the company after it was revealed that they were involved in gambling ring. They were fired shortly after when their activities started to raise the suspicions of Chase bank. Vices are to be expected with employees sooner or later. But what should you do about it? […]

Arizona can’t deny driver’s licenses to so-called “dreamers,” young, undocumented immigrants with work permits and protection from deportation, but not legal status. Those dreamers (whose name comes from the failed Development, Relief, and Education for Alien Minors Act) are noncitizens who were brought to the United States by their parents. Under President Obama’s Deferred Action […]Read More

The recent Panama Papers leak, caused by a data breach in the Panamanian law firm Mossack Fonseca, underscores what we’ve long known: the legal industry needs to make cybersecurity a priority. (There are some lessons about abetting corruption to be learned from the Panama Papers as well, but that’s for another blog.) And it’s not […]Read More

American businesses are undergoing a major consolidation period as mergers and acquisitions continue to fuel business growth. 2015 was the biggest year ever for mergers and acquisitions, with $4.7 trillion in mergers and acquisitions, according to Thomson Reuters. And the trend doesn’t show signs of reversing anytime soon. Mergers and acquisitions put in-house attorneys in […]

It may be the world’s oldest profession, but that doesn’t make it protected under the Constitution. A federal judge in California ruled that there is no fundamental right to prostitution, dismissing a lawsuit that challenged the state’s ban exchanging sex for money. The state claimed that “there is no fundamental right to engage in prostitution […]Read More

Puerto Rico went before the Supreme Court two weeks ago, arguing that it should have the right to restructure its public debts. While the commonwealth is facing a massive debt crisis — the island owes creditors more than $70 billion, about 70 percent of its GDP — federal law prevents it from taking advantage of […]