The U.S. will extend the regions in southern Mexico where migrants can apply online for entry appointments, a move designed to ease pressure on the Mexican government and reduce risks for individuals seeking asylum at the U.S. border. For more information:

https://apnews.com/article/mexico-us-migration-migrants-cbpone-appointment-app-08f16ce6338442c8e672bcdf2cd5205b

Turkey’s central bank has announced that it will maintain its restrictive monetary policy until there is a sustained reduction in monthly inflation. This decision highlights the bank’s commitment to avoiding premature interest rate cuts. For more details:

https://www.bloomberg.com/news/articles/2024-08-08/turkish-central-bank-keeps-year-end-inflation-outlook-unchanged?srnd=phx-economics-central-banks

Recent turmoil in global financial markets has intensified fears that the Federal Reserve’s prolonged high interest rates could lead to a U.S. recession. Despite these concerns, recession indicators have yet to materialize as expected. For further details:

https://apnews.com/article/economy-recession-jobs-unemployment-c7f1985b1ab3a7b781920c2693cd0438

The depletion dates for Medicare and Social Security have been extended, according to the annual Social Security and Medicare trustees report released on Monday. This adjustment reflects improvements in the economy that have positively impacted the projected timelines for these programs. For more details:

https://apnews.com/article/social-security-medicare-entitlements-treasury-35a2913a3f21a3b0ff40f2c88cbf9cbc

Recent court rulings this summer may perpetuate uncertainty over noncompete agreements, as the FTC plans to ban starting in September. For more information, visit:

https://www.wsj.com/politics/policy/the-noncompete-clause-moves-deeper-into-limbo-7916261e?mod=law_news_article_pos5

According to the National Association of Realtors, prices for existing homes surged to a record high of $419,300 in May, marking the highest level in data since 1999. For more details, visit:

https://www.wsj.com/economy/housing/home-prices-hit-a-record-high-4028acf2?mod=housing_news_article_pos5

Turkey’s central bank has kept interest rates unchanged for the third consecutive meeting, aiming for a decrease in inflation in the coming months. For further details, visit:

https://www.wsj.com/economy/central-banking/turkeys-central-bank-keeps-rates-on-hold-as-it-eyes-inflation-slowdown-759cfc62?mod=central-banking_more_article_pos21

Despite an increase in job additions, the US job market shows a slowdown with unemployment rising to 4.1% in June. Recent job growth figures have been revised downward. For more information, visit:

https://www.ft.com/content/0c25b7ab-55ca-4250-bafa-81bdf63d81d3

Businesses implementing persistent post-pandemic price increases are approaching the limits of their strategy. For more information, visit:

https://www.ft.com/content/cccc65a7-cfa1-4f6d-b17e-2f8bfb49b8a8

In order to provide guidance on customer service and safe address procedures for individuals protected under 8 U.S.C. 1367, USCIS have implemented provisions in the USCIS Policy Manual. For further details, visit:

https://www.uscis.gov/newsroom/alerts/uscis-updates-customer-service-and-safe-address-procedures-for-individuals-protected-under