Quick Hits The Supreme Court held that delivery drivers who deliver goods originating from out of state may fall under the FAA’s exemption for certain transportation workers “engaged in … interstate commerce,” even if they do not cross state lines or interact with vehicles that do. The decision is the latest in a series of Supreme Court rulings in recent years interpreting the transportation worker exemption in the FAA. While…
29 May 2026By Olivier Coibion, Dimitris Georgarakos, Yuriy Gorodnichenko, Geoff Kenny, Justus Meyer and Trixi PairanGeopolitical shocks influence consumer expectations about inflation and growth. This blog explores how the wars in Ukraine and Iran affect the way households think about the economy and shows how the scars of past experiences amplify reactions to subsequent geopolitical conflicts.Recent movements in euro area consumers’ inflation and growth expectations show that geopolitical shocks influence…
Unlocking potential, allocating resources in the right way and driving accountability without burning people out Many organisations are caught between relentless performance pressure and cultures that lack accountability. The organisations that thrive will build collective performance, align leadership teams, allocate talent strategically and create disciplined execution through clearer priorities, stronger capability and more sustainable ways of working. Reading time: 11 minutes There is a tension sitting at the heart of…
The pause in Chicago’s incremental tip credit phaseout is a victory for employers in the hospitality industry that rely on a “tip credit,” which allows an employer to pay an eligible tipped employee a lower direct cash wage than the standard minimum wage by using tips the employee earns to satisfy the employer’s minimum wage obligations. Chicago’s current minimum wage is $16.60 per hour, and the permissible maximum tip credit…
Several recent Carnegie Mellon University alumni have been named 2026-27 Fulbright Award recipients. The awards, offered by the U.S. Fulbright Student Program and funded by the U.S. Department of State, facilitate international research and teaching opportunities in over 150 countries and are offered to a limited number of grantees following a rigorous selection process.“These Fulbright Student grantees exemplify the power of fully embracing the CMU experience. From distinctive undergraduate research…
Howie and Harlan are joined by Nicholas Christakis, director of Yale’s Human Nature Lab, to discuss his research on social networks, human connection, and the forces that help societies cooperate and endure. Harlan discusses promising phase 3 results for retatrutide, Eli Lilly’s experimental “triple G” obesity drug; Howie provides an update on the fast-growing Ebola outbreak in the Democratic Republic of Congo. Show notes: Obesity Drugs “Lilly’s triple agonist, retatrutide,…
Quick Hits On May 22, 2026, Governor DeSantis signed HB 1407, which revises the procedural framework for civil actions and administrative remedies under the Florida Civil Rights Act (FCRA). HB 1407 aims to clarify timing issues and procedural ambiguities within the Florida Civil Rights Act, particularly regarding the commencement of civil rights claims and the role of administrative notices from federal and state agencies. The new law will take effect…
The Reporter provides a monthly summary of Canadian federal legislative and regulatory developments of relevance to federally regulated financial institutions. It does not address Canadian provincial financial services legislative and regulatory developments. In addition, purely technical and administrative changes (such as changes to reporting forms) are not covered. March 2026 Published Title and Brief Summary Status (if applicable) Office of the Superintendent of Financial Institutions (OSFI) March 30, 2026 Notice…
From Strategy to Delivery: The UK Defence Challenge with General Sir Richard Barrons CBE, KBE Joel Grundy speaks with General Sir Richard Barrons about the UK’s changing security and economic landscape following the Strategic Defence Review and Spending Review. Together, they explore resilience, defence capability, public sector trade-offs and the leadership challenges organisations face as geopolitical uncertainty, cyber threats and societal pressures continue to intensify. Watch the full discussion below.…
Quick Hits Businesses operating websites, online services, or applications primarily providing a forum for user-generated content may qualify as “covered platforms” subject to the TAKE IT DOWN Act’s notice-and-takedown requirements. The act’s platform obligations can carry significant civil fines of up to $53,088 per violation. Even employers that are not covered platforms may want to familiarize themselves with the act’s requirements in the event an employee reports that nonconsensual intimate…
On May 15, 2026, the United States has expanded its Section 232 tariff mitigation framework to include medium- and heavy-duty vehicle (MHDV) manufacturers. Key takeaways These measures broaden the access to import adjustment offsets and aligning treatment across the automotive sector considering the overlap in automotive and MHDV supply chains. The offsets are a form of tariff relief that allow eligible U.S. manufacturers to reduce duties payable on imported vehicle…
This commentary was originally published in Forbes. The views expressed are the author’s own.The new Fed chair, Kevin Warsh, has made it clear that he would like to make significant changes to the Fed’s monetary policy communication. He has argued that excessive communication isn’t helpful to the public and may constrain monetary policy decisions. He has been particularly critical of the Fed’s projections of the policy interest rate (the “dot…
One of the UK’s leading experts in patient care has received the Freedom of the City of London at Guildhall today, in recognition of her outstanding contribution to, and achievements in, healthcare and medical education. A highly experienced consultant and chartered psychologist, Dame Robina Shah DBE has spent over 30 years working across healthcare, medical education, patient safety, public service, social justice, and inclusion.She is currently Professor of Psychosocial Medicine and…
Quick Hits New high school curriculum initiatives are integrating occupational safety and health concepts into CTE courses to build hazard awareness and prevention skills in students before they enter the workforce. Students who complete these courses gain practical knowledge of OSHA standards, PPE, hazard recognition, and workplace security while also earning credentials such as OSHA ten-hour or thirty-hour cards that provide a tangible professional advantage before graduation. Early occupational safety…
The Canadian Securities Administrators (CSA) has provided eligible venture issuers with the option to move away from quarterly reporting in favour of a semi-annual reporting (SAR) regime through the introduction of Coordinated Blanket Order 51-933 – Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers (the Blanket Order). Drawing on our review of SEDAR+ filings, we examine the pace and profile of issuer participation, including adoption by exchange, industry, and market capitalization,…
The United States is a power digging itself deeper and deeper into the vicious cycle of hegemonic decline, clinging to its position as an exceptional state in an international system that has long been ready to move on. Meanwhile, Moscow and Beijing continue to observe cautiously as America slowly loses control of a world once subject to Washington’s will, writes Timofei Bordachev, Programme Director of the Valdai Discussion Club. One of…
Seyfarth Synopsis: The New York Legislature has passed legislation (S3460) that would significantly expand employee access to personnel records. The bill would require employers to provide current and former employees with copies of their personnel records within five business days of a written request, notify employees when negative information is added to their files, and comply with new recordkeeping and anti‑retaliation obligations. Both chambers of the New York Legislature have passed…
Quick Hits On May 14, 2026, Colorado Governor Polis signed Senate Bill 26-189, which repeals and replaces the 2024 Colorado AI Act. The new law removes the 2024 act’s duty of care, risk management program, and impact assessment requirements in favor of a pre-use notice, a post-adverse-outcome disclosure, and a limited set of consumer rights tied to “covered ADMT.” “Consumer” expressly includes employees and Colorado resident job applicants, reaching workforce…
The federal government recently released Powering Canada Strong: A National Strategy for an Electrified Canadian Economy, a national electricity strategy with the stated objective of doubling Canada’s electricity capacity by 2050 while advancing reliability, affordability, competitiveness and decarbonization. The plan calls for consultation with territories, Indigenous communities, utilities, regulators, industrial customers, labour organizations and private sector stakeholders. The consultation process will inform both the implementation framework and future legislative and…
This commentary was originally published in Fortune. The views expressed are the author’s own.In Greek theater, a deus ex machina arrives when a protagonist is hopelessly trapped — and a golden chariot descends from the heavens to rescue them from a conflict they cannot escape on their own. That is precisely what the Supreme Court has delivered to Donald Trump on trade. With his IEEPA tariff authority struck down as…
An international team of scientists has used artificial intelligence and 35 years of satellite data to uncover the shocking scale of environmental destruction in one of the world’s most important ecosystems.The research, published in Biological Conservation, found that more than 493,000 square kilometres of land - an area larger than Spain - has been damaged by deforestation and fires in the vital transition zone between the Amazon rainforest and the…
Parkinson's disease is often treated as a single disorder. But for the more than 1.1 million people(opens in new window) living with it in the United States, the disease can look different from one person to the next. Research from Carnegie Mellon University’s Aryn Gittis(opens in new window) and colleagues suggests the most recognizable symptoms — tremor and slowed movement — result from disruptions in different motor circuits(opens in new window) of the…
The 2026 US–Israeli war against Iran represents a pivotal moment in the transformation of regional and global security structures. The conflict was not a conventional interstate war but a multidimensional confrontation involving military, economic, cyber, psychological, cognitive, media, and geopolitical domains. It accelerated structural shifts in the international system, challenged the paradigm of American “absolute supremacy,” and highlighted the growing importance of asymmetric deterrence and strategic resilience. This article analyses…
On May 14, 2026, the Lieutenant Governor of Ontario signed Order in Council 758/2026, which will bring most provisions of the Measures Respecting Premises with Illegal Drug Activity Act, 2025 (the Act) into force on July 1, 2026. Unless exempted by a future regulation, the Act creates a provincial offences regime under which commercial landlords may be prosecuted for knowingly permitting leased premises within their building to be used for…
ogether, they accounted for around 28% of the outliers, offering new leads for understanding how rare mutations contribute to eye disease.The findings provide an unprecedented resource for scientists studying the genetic roots of vision disorders, and are available to other researchers for accessThey also offer a roadmap for future research into personalised treatments and earlier diagnosis.Author Dr Jamie Ellingford, from The University of Manchester, said: “Our study marks a major…
26 May 2026By Davide Fantino, Annalisa Ferrando, Johannes Groß, Sara Lamboglia, Laura Lebastard, Judit Rariga and Maurice SchmidtThe economic shock caused by the war between the United States and Iran has quickly fed into euro area firms’ expectations. Daily responses to an ECB survey show an immediate increase in expected input costs, selling prices and short-term inflation.Firms' expectations for costs, prices and the broader macroeconomic environment are central to their…
On May 25, the Valdai Club hosted an expert discussion titled “Is There a Future for Cultural Diplomacy in a World of Hard Power?” Moderator Anton Bespalov presented a brief overview of the history of cultural diplomacy, public diplomacy, and soft power. He reviewed the growing importance of these mechanisms in the 1990s and 2000s, but noted that today they seem to be in decline. “European countries and the United States are…
On Monday May 19, a five-judge panel of the Court of Appeal for Ontario overruled Handley Estate v. DTE Industries Limited, 2018 ONCA 324, the decision that, for the last eight years, had imposed an automatic stay of the proceeding of any party who failed to immediately disclose a partial settlement agreement that "entirely changed the litigation landscape." In its place, the Court has restored a discretionary abuse-of-process framework and…
In addition to promoting Indian culture abroad and deepening cultural ties, the Council administers educational quotas for foreign students. Each year, the Ministry of Education allocates several thousand places to the Ministry of External Affairs and the Council, generally ranging from 3,000 to 6,000. These places are distributed across general disciplines, as well as allocated to specific countries—special quotas exist for citizens of Afghanistan, Sri Lanka, Nepal, African countries, and…
Quick Hits The Supreme Court will determine if employees at federally funded educational institutions can bring sex-discrimination in employment claims under Title IX. The petitioners asked the high court to review an Eleventh Circuit decision, holding that Title IX does not provide a private right of action for employment-related sex discrimination. Petitioners argued that there is a “lopsided” 8–3 circuit split on the issue. On May 18, 2026, the Supreme…
Seyfarth Synopsis: On May 14, 2026, Colorado Governor Jared Polis signed SB 26‑189, which replaces the state’s previous AI law with a streamlined framework focused on transparency and disclosure. Effective January 1, 2027, the new law imposes targeted obligations on developers and deployers of automated decision‑making technology used in consequential decisions (including employment processes), requiring advance notice, post‑decision disclosures, and certain consumer rights. The law centralizes enforcement with the Colorado…
Quick Hits USCIS releases new policy memorandum stating adjustment of status (AOS) applications are a matter of discretion and administrative grace, directing USCIS offices to consider all factors and closely scrutinize applications from individuals who would otherwise obtain permanent residence through consular processing abroad. Applying for adjustment of status is not inherently inconsistent while maintaining nonimmigrant status in a dual-intent category, such as H-1B or L-1, but does not grant…
Overview On May 13, 2026, the Institutional Limited Partners Association (ILPA) published guidance regarding organizational expense management and alignment considerations between limited partners (LPs) and general partners (GPs). ILPA’s The Alignment Gap: Rethinking Costs in Private Equity Fund Formation addresses existing market practices in which LPs typically bear organizational costs, while GPs retain discretion over the related processes and service providers. Background Organizational expenses - legal, administrative, and compliance costs…
The geopolitical landscape of the Middle East in 2026 is defined by systemic fragmentation and compound crises. The overt diplomatic rupture between the Kingdom of Saudi Arabia and the United Arab Emirates (UAE), running concurrently with the US-Israeli military intervention in Iran, designated ‘Operation Epic Fury’, has dismantled historical alliances and disrupted global energy markets. For the Republic of India, the Middle East is not merely a peripheral theater but a…
Boosting resilience to illness, frailty and falls through physical activity will be key to keeping the country’s ageing population healthy and living independently for longer., the MPs said.This change will be fundamental to the Government’s objective of switching the NHS’s focus from treating illness to preventing it The report follows the cross-party Committee’s Healthy Ageing inquiry and recommends:Advice and social prescribing of physical activity should become a core, routine offering to…
Quick Hits There are eleven federal holidays in 2026. Private employers are not legally obligated to provide paid holidays. Work performed by hourly, nonexempt employees on a holiday is compensable. Although federal law does not require private businesses to provide paid holidays, many companies voluntarily recognize certain federal holidays as paid holidays in order to boost recruiting, retention, and morale. Some companies choose to include paid holidays within their combined…
The recent decision of the Court of King’s Bench of Alberta in 2585929 Alberta Ltd (Re), 2026 ABKB 75 discusses when the jurisdiction of provincial courts can extend to matters relating to the Income Tax Act. Key takeaways The Tax Court of Canada has the exclusive jurisdiction to hear and determine references and appeals to the Court on matters arising under the Income Tax Act. Provincial courts can interpret provisions of…
In defence of their decision not to harmonize with the EU on sanctions against Moscow, Belgrade officials often cited Russia’s support in the UN Security Council on Kosovo and the almost complete reliance on Russian gas. Thus, on both issues, Brussels, Berlin, London and Washington pressed hard. On Kosovo, the West’s aim was to push Serbia towards accepting self-inflicting agreements, which would make Moscow’s support in the UNSC irrelevant, while…
On May 21, the Valai Club held an expert discussion titled “Russia and African States: Objectives of Partnership”. Oleg Barabanov, Programme Director of the Valdai Discussion Club, moderated the discussion. Denis Degterev, Editor-in-Chief of the Scientific Notes of the Institute for African Studies of the Russian Academy of Sciences, Professor at the Higher School of Economics, and Chief Researcher at the Institute for African Studies of the Russian Academy of…
AI adoption is accelerating, but value isn’t – what 70+ organisations globally are doing, and what this means for you This report explores why many organisations are struggling to scale AI beyond experimentation, despite growing investment and adoption. Drawing on insights from 70+ organisations globally, it highlights the operational, cultural, and governance barriers limiting impact, alongside the approaches leading organisations are using to embed AI successfully and deliver measurable enterprise value.…