Articles Posted in Economic and Market Reports

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Europe’s legal artificial intelligence market may be entering a new stage of development. Italian legal AI provider Lexroom has made its first acquisitions, purchasing France based Query Juriste and Bulgaria based Praven Intelekt. The transactions extend Lexroom’s operations into five European countries and illustrate one possible strategy for building legal AI systems across jurisdictions whose laws, legal sources, languages, and professional practices differ substantially.

The acquisitions were announced on September 8, 2026. Artificial Lawyer characterized them as Lexroom’s first expansion through acquisitions, following its earlier organic entry into Germany and Spain. Together with its home market of Italy, the additions of France and Bulgaria give the company a presence in five European legal markets.

The developments also offer a useful window into the evolution of legal AI beyond the United States, particularly in a European market where technology increasingly crosses borders while law and authoritative legal information remain strongly jurisdiction specific.

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FROM THE CONGRESSIONAL BUDGET OFFICE (CBO), MAY 1, 2026.

Presentation about work by Sheila Campbell, Jaeger Nelson, Eli Schrag, Heidi Williams, and Caleb Wroblewski at the NBER Entrepreneurship and Innovation Policy and the Economy Conference

SUMMARY:

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Overview of the CBO Report

Congressional Budget Office — Immigrant Earnings Assimilation, 1981–2021 (Report No. 62202, March 2026)

The report analyzes how immigrants’ earnings evolve after arriving in the United States and how closely their wages eventually approach those of U.S. born workers. Using several decades of census and survey data, the CBO examines the economic process known as “earnings assimilation”, the extent to which immigrants’ wages increase with time spent in the U.S. labor market.

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September 11-18, 2025

Over the past week, Philip Swagel  participated in several events where he highlighted Congressional Budget Office’s* role, discussed recent analyses, and engaged with audiences on topics ranging from tax policy to long-term fiscal challenges.

On September 11, he joined a breakfast discussion on tax policy hosted by a group of private-sector professionals, known as the “Behind the Tree” tax group.

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From: Peapack Bank  and Trust:

Shaped by shifting geopolitical tensions and key economic updates, U.S. equities remained volatile during the holiday shortened week. Early on, markets rebounded from last week’s selloff, supported by hopes that the conflict in the Middle East between Israel and Iran might ease. Comments from U.S. leadership suggested that diplomacy was still possible, which helped lift investor sentiment. However, that optimism was soon tempered by renewed concerns over potential military…

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