Independent thinking for complex markets and current events
Longtime staffer with 11 years at the paper passed over for deputy real estate editor because he wasn’t the right demographic. U.S. Sues The New York Times, Claiming Discrimination Against a White Man The Equal Employment Opportunity Commission filed a federal civil rights lawsuit against The New York Times on Tuesday, claiming that the paper …
Stocks move lower. Microsoft is down -2% in premarket trading Stocks have taken a turn to the downside after a report from The Information that Microsoft has lowered its AI sales quotas. The NASDAQ index is now trading down -83 points. The S&P futures are implying a decline of -7 points. Shares of Microsoft are …
by Mike Maharrey Demand for gold is so strong in China that the government has allocated additional gold import quotas for commercial banks. According to a Bloomberg article, strong haven demand from institutional and retail investors led to the move. China ranks as the world’s largest gold market. The government uses import quotas to limit the amount of gold flowing …
“Diversity really has nothing to do with safe travel,” a former Federal Aviation Administration safety team representative, Kyle Bailey, told Fox News Digital about the trend of DEI in the airline industry. “It’s basically all a matter of flight time, your credentials, your background, how much flight experience you have and also your training.” “Regardless of what …
A federal judge has struck down a California law imposing racial and “gender identity” quotas on corporate boardrooms, finding such discrimination to be unconstitutional on its face. Enacted in 2020, AB 979 required publicly-held corporations in the Golden State to have certain minimum numbers of board members from “underrepresented groups,” with the exact number depending …