Member News, News

Reavis Page Jump | $15 Million Verdict Against Nike Serves as Reminder That Workplace Discrimination Comes at a Steep Price for Employers

After approximately one day of deliberations, a federal jury in Oregon found Nike liable for more than $15 million in damages for violating federal and state anti-discrimination laws, finding Nike paid former employee, Heather Hender, less than similarly situated male colleagues and promoted her more slowly because of her gender. The jury ruled in favor of the plaintiff on all of her claims, including violations of the Federal Equal Pay Act (“EPA”), 29 U.S.C. § 206(d), the Oregon Equal Pay...

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Chapter News, News

OECD | Headline Inflation Eased to 4.2% in June 2026, Reflecting a Temporary Decline in Energy Inflation

Year-on-year inflation in the OECD as measured by the Consumer Price Index declined to 4.2% in June 2026, down from 4.6% in May. Year-on-year inflation in the OECD as measured by the Consumer Price Index (CPI) declined to 4.2% in June 2026, down from 4.6% in May (Table 1, Figures 1 and 2), following three consecutive monthly increases. Headline inflation declined in 20 OECD countries, rose in 6, and was stable or broadly stable in 12. In June, headline inflation...

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Chapter News, News

European Commission | Safer and More Transparent AI

On 2 August 2026, new rules on the transparency of AI systems take effect. AI is advancing quickly, making it increasingly difficult to distinguish AI-generated and manipulated content from human-created and authentic content. This creates new risks of misinformation and manipulation at scale, fraud, impersonation, and consumer deception. The new transparency obligations will help people recognise when they are interacting with AI or are exposed to AI-generated content, so they can make informed decisions and better protect themselves from misinformation or deception. Click here to access explanatory video. Transparency...

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Member News, News, Trade & TTIP Related

Jaguar Freight | Protecting America’s Surf and Turf

In this week’s Roar: Asia-U.S. ocean rates are up, a new world order for supply chains, getting the U.S. and Mexico aligned on China tariffs, the latest on the UP and NS merger, and a U.S.-backed container shipping line. It’s not just fuel costs. The impact of geopolitics on Asia-U.S. ocean shipping rates has been harsh, too. Rates have surged by 234% since February, largely thanks to the Iran conflict and new tariffs. Even though some rates appear to be slightly softening, down...

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Member News, News

Littler | State and Local Governments Battle Over Who’s the Boss of Legislating the Workplace

Local governments often lead on workplace issues like paid sick leave, discrimination, and pay equity. But, how and whether cities and counties can – or even should – legislate the workplace varies across the country, with recent developments highlighting the struggle for supremacy between state and local officials. In Nebraska, after the state revised minimum wage standards established by voters, in May 2026 the city of Lincoln enacted a minimum wage ordinance that uses the standard voters had approved – annual...

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Member News, News

Manay CPA | Can Your Small Business Deduct Inventory When You Buy It?

If you’re an Amazon or Shopify seller, an importer, or run a small manufacturing business, here’s the honest answer: usually, no, not right when you buy it. Even with the friendlier rules small businesses get in 2026, you generally still deduct inventory costs when you sell the item, not when you pay for it. There is a real exception that makes life easier for small businesses, but it doesn’t work the way most people assume. That gap between what...

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Member News, News, Trade & TTIP Related

Ziemba Insights | State of the Strait: A Reprieve? But Far from a Lasting Agreement

As I write, we have entered another reprieve in the conflict with Iran, as President Trump suggested over the weekend that regional lobbying convinced him to start another round of diplomacy to try for a deal. More likely its low approval ratings, continued high refined fuel prices and other political pressure. Market hope springs eternal. Crude oil prices sold off sharply, likely helped by light volumes in early hours of Asian trading, extending some easing from last week when a...

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Chapter News, News, Trade & TTIP Related

ITA | Commerce Department Secures Win Following First-Time Duty Evasion Filling with CBP Under Enforcement Law

WASHINGTON, D.C. — The U.S. Department of Commerce today highlighted an inaugural successful collaboration with U.S. Customs and Border Protection to combat duty evasion under the Enforce and Protect Act (EAPA). For the first time, in August 2025, the Department of Commerce submitted a duty evasion allegation to U.S. Customs and Border Protection under EAPA. On July 30, 2026, U.S. Customs and Border Protection (CBP) determined that antidumping duties are being evaded on imports of carbon and alloy steel threaded...

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Member News, News

Bannockburn Capital Markets | Greenback Consolidates after Being Rocked by the US Fed and Japan’s Ministry of Finance

The Federal Reserve’s reluctance to take action despite pledges to respect the inflation target, which has not been met in over five years, put the dollar under pressure. Then yesterday, it appears that Japanese officials may have intervened in the foreign exchange market, and as was the case earlier this year, the Federal Reserve reported checked on prices and indicated they were doing so at the request of the US Treasury.  If true, it illustrates a notable difference between Japan,...

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Chapter News, News

IMF | Rising Global Imbalances Underscore Need to Confront Domestic Distortions

Blog | Sustained rebalancing requires policy action in both surplus and deficit countries Global current account balances increased further in 2025, driven primarily by China, where the current account surplus recorded the largest widening in at least two and a half decades. This was offset by some narrowing in the United States and the euro area. As our latest External Sector Report shows, China’s current account surplus increased by about $300 billion last year, the largest widening in absolute terms since at least...

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