DIRS.INFO The most relevant business & tech news

☆ I quit my $376,000 dream job at Goldman Sachs to care for my mother when she got sick. I felt sorry for myself at first — but now I have no regrets.
▼ + stars: | 2024-05-01 | by ( Kaila Yu | ) www.businessinsider.com time to read: +6 min

After graduating from Wellesley College, majoring in Chinese studies and economics, I worked at a couple of finance jobs before being poached by Goldman Sachs in Hong Kong. At Goldman Sachs, I made over $376,000 annually. I quit Goldman Sachs in 1999 and moved back home to the Bay Area, where I became lonely and incredibly sad. After about three months of traveling back and forth, I quit Goldman Sachs. Was it worth it to leave Goldman Sachs?

Persons: —, Cassindy Chao, It's, Goldman Sachs, I'd, Fred, Jackie Chan, we've, We'd, Chao, Cecilia, Chao I'm, I've Organizations: Service, Wellesley College, Business, Goldman, Ivy League Locations: Oakland , California, Hong Kong, Thailand, Japan, Vietnam, Bay, California

☆ Human activities are changing Earth's spin so much that it might affect how we keep time
▼ + stars: | 2024-03-29 | by ( Ellyn Lapointe | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +6 min

Polar ice melt driven by climate change is affecting Earth's rotation, according to new research. A human-driven change in the Earth's rotation has never been seen before, and may affect computing. DrPixel/Getty ImagesDon't worry — this change in Earth's rotation won't be catastrophic. Denis Tangney Jr./Getty ImagesAs a result, scientists predict that we would need the first-ever negative leap second by 2026. iStock / Getty Images PlusThere are three main mechanisms that control the Earth's spin:One is tidal friction, or the interaction between moving ocean water and the ocean floor, which slows Earth's rotation.

Persons: Duncan Agnew, what's, Denis Tangney Jr, Felicitas Arias, Judah Levine, Agnew, Andres Forza, you've Organizations: Service, Scripps Institution of Oceanography, International Bureau, Time Department, National Institute of Standards, Technology, Washington Post, Northern, Reuters, CNN Locations: Wellesley , Massachusetts, Needham, Northern Canada, Scandinavia, Argentina

☆ Some New England universities and colleges break $90,000 barrier for total cost in upcoming school year
▼ + stars: | 2024-03-27 | by ( Zenebou Sylla | ) edition.cnn.com time to read: +5 min

CNN —Several New England universities and colleges have reached a pinnacle of at least $90,000 for undergraduate tuition and costs starting this fall. The nearly six-figure sums reflect the rising cost of higher education, far outstripping the average inflation for other goods and services. Schmeidel said very few Wellesley students pay the total fee, adding nearly 60% of its students receive financial aid and the average financial aid award is $67,469. Riley added 56% of domestic students received some form of aid for this academic year, with the average financial aid package being $67,000, for an average cost of attendance of $16,000. “Because this is an average, some of the students with greatest demonstrated financial need paid $0, and others paid more,” Riley said.

Persons: trumping Wellesley, “, Stacey Schmeidel, Schmeidel, ” Schmeidel, Colin Riley, Riley, ” Riley, Jeremiah Quinlan, ”, Quinlan, Patrick Collins, Collins, ” Collins, CNN’s Allison Morrow Organizations: CNN, Yale University, Tufts University, Boston University, BU, Wellesley College, Tufts, Wellesley, College, Colleges, of Education, Labor, Yale Locations: New England, Boston

☆ These are the 10 top-paying U.S. cities where women outearn men
▼ + stars: | 2024-03-27 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +3 min

Nationwide, women outearn men in just 42 U.S. cities out of an analysis of some 1,800 cities, according to a new GoBankingRates report using Census Bureau data. : Women earn a median $69,983 a year Oakland, Calif.: Women earn a median $68,260 a year Goleta, Calif.: Women earn a median $65,030 a year Laurel, Md. : Women earn a median $65,008 a year Monrovia, Calif.: Women earn a median $62,016 a year Hackensack, N.J.: Women earn a median $60,237 a year Newark, Del. : Women earn a median $58,769 a year Chamblee, Ga.: Women earn a median $58,590 a yearIn each of these cities, women outearn men by a share of .14% to 18.95% of what men earn. However, men outearn women in each of these cities by a rate of 60% to 70%.

Persons: Bowie, Andrew Murray, Murray, San Organizations: Washington D.C, CNBC, Research, Department of Defense, Calif Locations: U.S, Md, Clinton, Fort Washington, Oakland, Calif, Goleta, Laurel, Monrovia, Hackensack, N.J, Newark, Del, Washington, Jacksonville, N.C, Los Altos, Saratoga, McLean, Va, San Carlos, Wellesley, Mass

☆ To gauge a company's real culture, ask these 2 questions about 'unspoken rules' during a job interview
▼ + stars: | 2024-03-05 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +2 min

Here are her two favorite questions to ask in a job interview that will help you uncover any major red flags, and maybe a few green ones, before you accept an offer. Ask about them in your next job interview, says Christine Cruzvergara, chief education officer at Handshake. Cruzvergara's first favorite question gets down to brass tacks: What are some of the unspoken rules in this workplace? Cruzvergara learned during her job interview at Handshake that it's a "doc- and deck-heavy culture." These types of rules are rarely brought up proactively in job interviews, Cruzvergara says, but can tell you a lot about a team's communication and collaboration style.

Persons: George Mason, Christine Cruzvergara, Cruzvergara's, Cruzvergara Organizations: Wellesley, George, George Mason University, Georgetown, George Washington University

☆ Opinion: Why it was time for Oprah to move on from Weight Watchers
▼ + stars: | 2024-03-01 | by ( Opinion Kellie Carter Jackson | ) edition.cnn.com time to read: +6 min

For decades, America has followed Oprah through every major weight loss trend, and this was no exception. She later deeply regretted such a stunt, calling it a “Big, big, big, big, big, big, big mistake!”In 1994, Oprah ran her first marathon to celebrate her 40th birthday. It raised questions about Oprah taking medical weight loss drugs such as Ozempic or Wegovy. She later deeply regretted such a stunt, calling it a “Big, big, big, big, big, big, big mistake!” Charles Bennet/APWith Oprah stepping down, many people will lose their measure or point of reference for what is ahead or behind the curve as it relates to their weight and health. One might also ask what it means for the nation’s preeminent Black history museum to be economically tethered to a weight loss company.

Persons: Kellie Carter Jackson, Michael, Denise Kellen ’, “, Read, Oprah Winfrey, Oprah, ”, Stedman Graham, Mark Wilson, Oprah’s, Winfrey, Charles Bennet, it’s Organizations: of Africana Studies, Wellesley College, CNN, WW, Marine Corp, Harpo Studios, US Marine Corps, 19th Marine Corps, AP, Hollywood, canaries, National Museum of Locations: America

☆ Feds Launch Investigation of Harvard for Possible Civil-Rights Violations
▼ + stars: | 2023-11-29 | by ( Douglas Belkin | ) www.wsj.com time to read: 1 min

Protesters demonstrated over the war in the Gaza Strip at Harvard University in Cambridge, Mass., this month. Photo: brian snyder/ReutersThe U.S. Education Department’s Office for Civil Rights on Tuesday added Harvard University to the list of schools the agency is investigating as part of a federal crackdown on race- and religious-based harassment since the start of the conflict in Gaza began last month. Harvard is the 15th school and 8th college or university added to the list since the conflict began Oct. 7, according to the agency’s website. Other colleges include The University of Pennsylvania, Wellesley College and Columbia University. The number of schools under investigation this year doubled since the conflict started.

Persons: brian snyder Organizations: Harvard University in, U.S, Education Department’s, Civil Rights, Harvard University, Harvard, The University of Pennsylvania, Wellesley College, Columbia University Locations: Gaza, Harvard University in Cambridge

☆ Federal Civil Rights Investigation Opened Into Antisemitism at Harvard
▼ + stars: | 2023-11-29 | by ( Anemona Hartocollis | More About Anemona Hartocollis | ) www.nytimes.com time to read: +1 min

The Office for Civil Rights of the U.S. Education Department has opened an investigation into allegations of antisemitism at Harvard University, where the campus, like many others, has been roiled by demonstrations and confrontations between pro-Israel and pro-Palestinian students in the weeks since the Oct. 7 Hamas attack on Israel. The complaint against Harvard, filed on Tuesday, joins a growing list of federal civil rights investigations into complaints of discrimination based on “shared ancestry or ethnic characteristics,” including at Columbia, Cornell, Wellesley College, the University of Pennsylvania, the University of Tampa and the Cooper Union for the Advancement of Science and Art. The list includes a handful of school districts as well, including New York City public schools, Clark County School District in Las Vegas and Hillsborough County Schools in Tampa. The Office for Civil Rights announced on Nov. 16 that it was investigating such complaints as part of its efforts to “take aggressive action to address the alarming nationwide rise in reports of antisemitism, anti-Muslim, anti-Arab, and other forms of discrimination and harassment on college campuses and in K-12 schools since the October 7 Israel-Hamas conflict.”

Persons: “, ” Organizations: Civil Rights, U.S . Education Department, Harvard University, Israel, Harvard, Columbia, Cornell, Wellesley College, University of Pennsylvania, University of Tampa, Cooper Union for, Advancement of Science, New, Clark County School District, Hillsborough County Schools Locations: Israel, New York City, Las Vegas, Hillsborough, Tampa

☆ Students are lawyering up in the wake of the Israel-Hamas war
▼ + stars: | 2023-11-28 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +16 min

Hafez, who CNN has reached out to for comment, is now suing Accuracy in Media for defamation and emotional distress, and the violation of his civil rights. Hafez is among the politically and ethnically diverse students across the country who are filing lawsuits in the wake of October 7. Some are invoking the Civil Rights Act, claiming their schools aren’t protecting them from religious discrimination. “We believe that a number of universities are violating Title VI in this moment. “We have had a massive and unprecedented spike since October 7.”The legal standard for Title VI cases is high, Cron said.

Persons: Yusuf Hafez, “ Columbia’s, ” Hafez, Hafez, Minouche Shafik, “, ” John Beckman, ” Beckman, Beckman, Justin Sadowsky, ” Sadowsky, Sadowsky, Dylan Saba, State University of Florida Chancellor Ray Rodrigues, DeSantis, ”, Brittany Wise, ” Adam Steinbaugh, ” Steinbaugh, you’re, Matthew Cron, Donald Trump, ” Saba, Kenneth Marcus, Wellesley, ” “ Wellesley, UPenn, Magill, “ We’ve, Marcus, George W, Bush, Cron, ” Cron, Yusuf Hafez’s, SWATTING, ” – CNN’s Matt Egan, Celina Tebor Organizations: New, New York CNN — Columbia University, Media, CNN, Civil, Columbia, Columbia University, New York University, Jewish, gaslighting, NYU, New York police, Islamic, Civil Rights, Department of Education, Palestine, American Civil Liberties Union, Palestine Legal, University of Florida, UF, Justice, State University of Florida, ACLU, ” CNN, State University System of, University of Florida’s, “, Governors, Foundation, Rights, Florida, DOE, of Education Office, Legal, University of Illinois Chicago, UIC, Brandeis Center, University of Pennsylvania, ”, University, Trump, Ivy League, Private, AIM, U.S . Locations: New York, Israel, Gaza, Palestine, Florida, State University System of Florida, Colorado, “, Penn, Chicago

☆ University of Tampa facing investigation in the wake of Israel-Hamas war
▼ + stars: | 2023-11-21 | by ( Katie Lobosco | Rene Marsh | ) edition.cnn.com time to read: +4 min

Washington CNN —The University of Tampa and a Florida school district, Hillsborough County Schools, are under investigation by the Department of Education related to alleged incidents of discrimination in the wake of the Israel-Hamas conflict. The investigations were launched by the Department of Education’s Office for Civil Rights. Any person or organization can file a Title VI complaint with the Office for Civil Rights. The Office for Civil Rights has now opened a total of 27 Title VI investigations this year. Kenneth Marcus, founder and chairman of the Brandeis Center, told CNN he thinks the Office for Civil Rights could be doing more.

Persons: CNN doesn’t, they’ve, ”, Jonathan Fansmith, Kenneth Marcus, Trump, “ It’s, ” Marcus Organizations: Washington CNN — The University of Tampa, Hillsborough County Schools, Department of Education, New York’s Columbia University, Columbia, Cornell University, University of Pennsylvania, Department of Education’s, Civil Rights, Civil, Office, CNN, American Council, Education, “, University of Tampa, Columbia University, College, FBI, Ivy League school’s, Brandeis Center, Wellesley College Locations: Florida, Hillsborough, Israel, New, ”, Massachusetts

☆ Several Schools Under Investigation for Allegedly Failing to Protect Jewish, Muslim Students
▼ + stars: | 2023-11-18 | by ( Joseph Pisani | ) www.wsj.com time to read: 1 min

The University of Pennsylvania is under investigation for alleged violations of Title VI of the Civil Rights Act. Photo: Hannah Beier for The Wall Street JournalThe Education Department is investigating several schools over reports of harassment against Jewish and Muslim students in response to ongoing campus tensions related to the Israel-Hamas war. The department is investigating Columbia University, Cornell University, the University of Pennsylvania, Wellesley College, Lafayette College, the Cooper Union for the Advancement of Science and Art, and the Maize Unified School District in Kansas. The schools are under investigation for alleged violations of Title VI of the Civil Rights Act, which protects students from, among other things, discrimination based on shared ancestry or ethnic characteristics.

Persons: Hannah Beier Organizations: University of Pennsylvania, Civil, Wall Street, Education Department, Jewish, Columbia University, Cornell University, Wellesley College, Lafayette College, Cooper Union for, Advancement of Science, Maize Unified School District Locations: Israel, Kansas

☆ U.S. Investigates Colleges for Antisemitism and Islamophobia Complaints
▼ + stars: | 2023-11-17 | by ( Hurubie Meko | ) www.nytimes.com time to read: +4 min

Protests by pro-Israel and pro-Palestinian groups on college campuses have intensified tensions between students groups, faculty and administrations in recent weeks. Universities have struggled to contain the blowback as students and faculty raise concerns over both security and free speech. On Tuesday, about 400 students gathered at Columbia University to protest the war and to criticize university leaders for suspending two pro-Palestinian student groups through the end of the semester. The university said it would cooperate with the investigation and said it was taking steps to address antisemitism. Three Jewish students sued New York University this week over what they said was a hostile environment that had allowed antisemitism to go unchecked.

Persons: Biden, Catherine E, Lhamon, Ben Chang, Kathy Hochul, banged, N.Y.U, John Beckman Organizations: Columbia, Cooper Union, Cornell, Hamas, U.S . Department of Education’s, Civil Rights, Wellesley College, University of Pennsylvania, Lafayette College, Maize, Office, Civil, Israel, Universities, Columbia University, Cornell University, Gov, New York University Locations: New York, Israel, Massachusetts, Pennsylvania, Kansas

☆ Civil rights complaints allege UPenn and Wellesley allowed antisemitism to ‘run rampant’
▼ + stars: | 2023-11-10 | by ( Matt Egan | ) edition.cnn.com time to read: +6 min

New York CNN —A Jewish legal rights advocacy group has alleged that the University of Pennsylvania and Wellesley College have violated federal civil rights law by allowing for discrimination against Jews. The Brandeis Center, a Jewish civil rights legal organization, filed civil rights complaints with the US Department of Education on Thursday, alleging both schools failed to adequately respond to harassment of Jews. “These colleges and universities have failed to keep Jewish students safe and are in clear violation of well-established federal civil rights law,” Kenneth Marcus, founder and chairman of the Brandeis Center, said in a statement. The complaints argue both schools have violated Title VI of the Civil Rights Act of 1964, which protects people from discrimination in programs or activities that receive federal financial assistance. The 27-page complaint alleges “Penn’s nurturing of a hostile environment toward Jewish students is a patent violation of” Title VI.

Persons: ” Kenneth Marcus, “ There’s, ” Marcus, ”, UPenn, Wellesley, “ Penn, Brandeis, Liz Magill, Magill, ” Magill, Paula Johnson, ” Johnson, “, RAs, Wellesley’s, CNN’s Rene Marsh, Miguel Cardona, wouldn’t, Cardona, ” Cardona, Henry Swieca, Swieca Organizations: New, New York CNN, University of Pennsylvania, Wellesley, Brandeis Center, US Department of Education, Civil, College, FBI, Ivy League school’s, of Pennsylvania, Penn, CNN, of Education, Ivy League, Columbia Business School, Wall Street, Board, School, ” Locations: New York, Israel, UPenn, Palestine, Wellesley, Gaza, Columbia

☆ I'm a stylist who dresses tech workers, executives, and surgeons. Here's how to get the quiet luxury look.
▼ + stars: | 2023-11-08 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +6 min

AdvertisementAdvertisementIn her 20 years as a corporate image consultant, Michelle Sterling has styled surgeons, tech workers, executives, investment bankers, and young, aspiring executives. I wanted a more chill life so I went to San Francisco and started working for Emporio Armani again. There weren't that many stylists around, so I was serving San Francisco, New York, Chicago, Miami, Texas, Los Angeles, and Washington, DC. The client came from the Midwest to San Francisco to see me. In San Francisco, you could be wearing an $800 t-shirt and it just looks like something that's $50 or $30.

Persons: Michelle Sterling, —, Emporio Armani, Sterling, he'd, I've, it's, Brunello Cucinelli Organizations: Service, Global, Group, Sterling Style Academy, Express, Armani Exchange, Wellesley College, San, San Francisco Opera, Cartier, Midwest, Porsche, Ferrari Locations: Boston, New York, San Francisco, San Francisco , New York, Chicago, Miami , Texas, Los Angeles, Washington, Beverly Hills, California, Silicon

☆ Opinion | The U.S. Can Counter China’s Control of Minerals for the Energy Transition
▼ + stars: | 2023-11-06 | by ( James Morton Turner | ) www.nytimes.com time to read: +2 min

But most observers read China’s move as a warning shot in an increasingly high-stakes trade skirmish, as China, the United States and the European Union explore the new geopolitics of advanced manufacturing and a clean-energy transition. China’s leverage over the global critical minerals supply explains why the particulars of the Inflation Reduction Act are so important. It does this, in part, by providing generous incentives for domestic production of critical minerals, battery components and batteries. For a vehicle to be eligible for the subsidy, in addition to meeting price caps, final assembly must take place in North America, and an increasing percentage of the critical minerals and battery components must be sourced from North America or, in the case of critical minerals, from free-trade partners. So as the United States expands investments in clean energy manufacturing, its dependency on global supply chains, dominated by China, will only grow.

Persons: Biden Organizations: European Union, China, Treasury Department, Wellesley College Locations: China, United States, European, North America

☆ Why Fed officials aren’t addressing the Israel-Hamas war the way they did with Ukraine
▼ + stars: | 2023-10-17 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +7 min

Emma Jones, a spokesperson for the Fed, declined to comment on why many Fed officials, who in the past moved swiftly to acknowledge the war in Ukraine, weren’t addressing the war in Israel. There are some Fed officials who are starting to talk about it, though — albeit only when asked questions. Fed officials see little immediate threat to the US economyAtlanta Fed President Raphael Bostic was the first to speak about the war, at the American Bankers Association’s annual conference last Tuesday. That’s probably why more Fed officials were quicker to acknowledge the war in Ukraine, Dorn said. “I don’t think the Fed wants to look like they’re taking sides,” Dorn added — but said Fed officials could easily talk about it without looking partial.

Persons: Chris Waller, ” Waller, Michael Barr, Philip Jefferson, Michelle Bowman, Lorie Logan, Emma Jones, James Dorn, “, ”, Raphael Bostic, Bostic, Neel Kashkari didn’t, aren't, they're, Al Drago, Susan Collins, ” Collins, Patrick Harker, we’ve, Harker, JPMorgan Chase, Jamie Dimon, ” Dorn, Dorn, There’s, Gregory Daco, Daco Organizations: New, New York CNN, Federal Reserve, ”, Dallas Fed, Fed, Cato Institute, CNN, Atlanta Fed, American Bankers, Minot State University, Minneapolis, Federal, Bloomberg, Getty, ” Boston, Wellesley College, Philadelphia Fed, Delaware State Chamber of Commerce, JPMorgan, Rystad Energy Locations: New York, Ukraine, Russia, Israel, Waller’s, North Dakota, Delaware, Iran, Lebanon, Syria, United States, That’s, Gaza, Hormuz, EY

☆ A woman's chance for equal pay plummets when she has a kid — and never recovers, says the newest Harvard economist to win the Nobel Prize
▼ + stars: | 2023-10-09 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

Harvard professor Claudia Goldin just won the Nobel Prize in economics, the third woman to do so. Goldin has been studying women's labor and the gender wage gap for decades. We know this thanks to decades of research by Claudia Goldin, who just won the Nobel Prize in economics. Mothers can make up ground relative to non-mothers, Kerr said, but "the gender gap is just way too large between parents." AdvertisementAdvertisement"There are lots of people doing such research now, and I think that this means that they'll see that it is important and that it's recognized," Goldin said.

Persons: Claudia Goldin, Goldin, —, Lawrence Katz, Marianne Bertrand, Z, that's, they're, Sari Pekkala Kerr, Claudia Olivetti, Kerr, she's, it's, " Goldin Organizations: Service, Pew Research, Wellesley College Locations: Harvard

☆ Moderate US job growth slowdown expected in September
▼ + stars: | 2023-10-06 | by ( Lucia Mutikani | ) www.reuters.com time to read: +6 min

The Labor Department's closely watched employment report on Friday is also expected to show wage gains remaining elevated. Eighteen months after the Federal Reserve started raising interest rates, the labor market is only gradually easing. Labor market resilience, which is underpinning demand in the economy, raises the risk that the U.S. central bank could hike rates again by year end. Nonfarm payrolls likely increased by 170,000 jobs last month after rising 187,000 in August. Wage growth likely remained solid, with average hourly earnings forecast to have risen 0.3% after climbing 0.2% in August.

Persons: Elizabeth Frantz, Nick Bunker, Nonfarm, payrolls, Veronica Clark, Clark, Megan Way, Lucia Mutikani, Andrea Ricci Organizations: REUTERS, Labor, Federal Reserve, Citigroup, United Auto Workers, UAW, General Motors, Ford Motor, Chrysler, Hollywood, Babson College, Thomson Locations: Arlington , Virginia, U.S, y WASHINGTON, Tampa , Florida, Payrolls, New York, Washington ., Wellesley , Massachusetts

☆ Explore How Income Influences Attendance at 139 Top Colleges
▼ + stars: | 2023-09-11 | by ( Aatish Bhatia | Claire Cain Miller | ) www.nytimes.com time to read: +8 min

Explore How Income Influences Attendance at 139 Top CollegesAt many selective private colleges, being very rich is a door to entry — students with parents earning in the top 1 percent attend at much higher rates than other similarly qualified students, new data shows. The data is available for 139 colleges, including the top private colleges according to Barron’s and many of the top public and private colleges in U.S. News & World Report. The researchers also had access to internal admissions data for several of the most elite private colleges. In much of the next tier of elite private colleges, rich students have a similar advantage. Even though college attendance rises with parental income, when it comes to educating the majority of America’s four-year college students, public universities play a vital role — regardless of how much their parents make.

Persons: Raj Chetty, Deming, Friedman, Professor Chetty, John N . Friedman of Brown, David J . Deming, ”, Jesse Rothstein, Chetty, They’re Organizations: U.S . News, Harvard, Dartmouth, Chetty, Ivy League, University of California, Stony Brook University, Carnegie Mellon Locations: U.S, Dartmouth, Georgetown, Berkeley, Los Angeles, California, Swarthmore, Wellesley

McCarrick, a former archbishop of Washington, D.C., is the only current or former U.S. Catholic cardinal to ever face child sex abuse charges, with prosecutors in Massachusetts and Wisconsin filing separate cases against him. The case in Dedham, Massachusetts, before Judge Paul McCallum was the first to be filed, with prosecutors in July 2021 charging McCarrick with three counts of indecent assault and battery. A legal quirk froze the statute of limitations in the Massachusetts case after McCarrick, a non-resident, left the state. McCarrick was expelled from the Roman Catholic priesthood in 2019 after a Vatican investigation found him guilty of sexual crimes against minors and adults. According to court records, the alleged victim in the Massachusetts case said McCarrick, a family friend, began molesting him when he was a boy.

Persons: Roman Catholic Cardinal Theodore McCarrick, David L Ryan, Judge Paul McCallum, McCarrick, Pope John Paul II, McCarrick groped, Kerry Nelligan, Nelligan, ’, Nate Raymond, Chizu Nomiyama, Andy Sullivan, David Gregorio Our Organizations: Roman Catholic, Wellesley College, Washington , D.C, Catholic Church, Catholic, Johns Hopkins University School of Medicine, Prosecutors, Thomson Locations: Dedham, Court, Dedham , Massachusetts, U.S, DEDHAM , Massachusetts, Massachusetts, Washington ,, Wisconsin, Missouri, Boston

☆ Fed raises interest rates, leaves door open to another increase - Reuters News
▼ + stars: | 2023-07-26 | by ( ) www.reuters.com time to read: +9 min

The rate hike, the Fed's 11th in its last 12 meetings, set the benchmark overnight interest rate in the 5.25%-5.50% range, and the accompanying policy statement left the door open to another increase. The Fed raised (the Fed funds target rate) by a quarter point and the vote was unanimous, and the move puts rates at a 22-year high." "We think recent data is consistent with the US policy rate peaking in July, as core CPI inflation slowed sharply in June. "Fed Chair Powell is going to suggest that for the time being that they need to assess more information for inflation. "Markets are for the most part becoming more confident the Fed won't have to raise rates in September.

Persons: GENNADIY GOLDBERG, J Powell, they've, They're, Powell, we've, ELLEN HAZEN, ” MICHAEL BROWN, JACK ABLIN, BRIAN JACOBSEN, MENOMONEE, ” PETER CARDILLO, Jackson, GURPREET GILL, GOLDMAN, QUINCY KROSBY, ” EDWARD MOYA, We'll, we'll Organizations: YORK, Federal Reserve, U.S, Treasury, Fed, Dow, Global Finance, Markets, Thomson Locations: U.S, WELLESLEY , MASSACHUSETTS, PALM BEACH , FLORIDA, WISCONSIN, GOLDMAN SACHS, CHARLOTTE, NORTH CAROLINA

☆ Opinion: Supreme Court drops the H-bomb and D-bomb
▼ + stars: | 2023-07-02 | by ( Richard Galant | ) edition.cnn.com time to read: +15 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. Graduates of Harvard and other Ivy League schools earn significantly more than most college graduates –— the credential opens doors. Maybe the best confirmation of that is that eight out of the nine Supreme Court justices went to law school at either Harvard or its Ivy rival, Yale. “The court’s decision Thursday is consistent with its view that race-based preferences should and would have a limited shelf life. And the Supreme Court has just guaranteed that this will be the case for many years to come.”“The court made the right decision,” wrote Ilya Somin, a law professor at George Mason University.

Persons: Harvard College Dean Rakesh Khurana, ”, Harvard isn’t, –, Michael Gerhardt, Roe, Wade, Donald, Trump, Bill Bramhall, Tan, ” Ana Fernandez, Richard Kahlenberg, Harvard …, Lanhee Chen, Peniel, Joseph, Joe Biden’s, Rachel Clark, “, Ilya Somin, Biden, ” Clay Jones, Somin, Leah Litman, isn’t, aren’t, Timothy Holbrook, Nicole Hemmer, Drew Sheneman, Phil Hands, Julian Zelizer, Yorkers, Walt Handelsman, Jill Filipovic, ’, Patrick T, Brown, DeSantis, Duncan Hosie, Ken Ballen, Trump Jack Ohman, Jennifer Martin, ” Martin, Vladimir Putin’s, Yevgeny Prigozhin, Wagner, Prigozhin, David A, Putin, Jade McGlynn, CNN’s Chris Good, it’s, Frida Ghitis, Keir Giles, Victory, Don’t, Agency Dean Obeidallah, Keith Magee, France Kara Alaimo, Vicki Shabo, Leroy Chiao, Abdullah, Billy Lezra, MonaLisa Leung Beckford, Timothy Naftali, David Horsey, It’s, Blake Moore, Marc Veasey, Hershel “ Woody ” Williams, Moore, Veasey, “ Williams, Williams, Hershel ‘ Woody ’, Abraham Lincoln, ” Moore, Lincoln Organizations: CNN, Harvard, Harvard College, Wall Street Journal, of Harvard, Ivy League, Yale, Supreme Court, University of North, University of North Carolina —, Wellesley College, Blacks, …, George Mason University, “, University of Michigan, Democratic, Agency, Trump, New Yorker, American Academy of Sleep, Soviet Union —, RFK, Republican, Utah Republican, Texas Democrat, Marines Locations: Boston, University of North Carolina, California, “, Chicago, Detroit, Great, Bedminster, New Jersey, New, Iran, Ukraine, Russia, Soviet Union, Moscow, France, Hong Kong, China, America, Utah, Texas, Iwo Jima, Lincoln

☆ Opinion: The Supreme Court rewrites American society once again
▼ + stars: | 2023-06-30 | by ( Opinion Cnn Contributors | ) edition.cnn.com time to read: +25 min

But learning the facts - that affirmative action is critical for fostering equal access and opportunity in our academic institutions -cemented my belief that affirmative action is necessary if we want to create an equitable nation. The court’s decision Thursday is consistent with its view that race-based preferences should and would have a limited shelf life. Jon Wang, who revealed himself as a plaintiff in this Supreme Court case, was rejected by Harvard but was accepted at and is now attending Georgia Tech. Affirmative action enabled my ability to experience different ways of thinking and to form the lasting friendships I have made. Affirmative action has been a tool used by many countries to ensure underrepresented communities are included in areas they normally are not.

Persons: who’d, Tan, ”, Ana Fernandez, Richard Kahlenberg, Peniel Joseph, Peniel Joseph Kelvin Ma, Kelvin Ma, retrenchment, Bakke, Shelby, Holder, John F, Barry Goldwater, Richard Nixon, Ronald Reagan, Peniel, Joseph, Barbara Jordan, “, ” Lanhee Chen, Bollinger, Sandra Day O’Connor, Lanhee Chen Lanhee J . Chen, J, Chen, David, Diane Steffy, Romney, Ryan, Roxanne Jones, Andrew Johnson, Jones, WURD, Richard Sander, –, Richard Sander Fiona Harrison, Jeff Yang, Ed Blum’s, Jon Wang, Michael Wang, Williams, Jian Li, Bruce, Hudson Yang, Natasha Warikoo, Ketanji Brown Jackson, ” Natasha Warikoo Alonso Nichols, John Roberts, Brayden Rothe, Biden, can’t, Joe Biden, Brayden Rothe Patrick O'Leary, Pell Organizations: CNN, Fellows of Harvard College, Harvard, Harvard College, Cuban, American Council, Education, Wellesley College, Renaissance Studies, Black, Tufts University, Blacks, Ivy League, Federalist Society, John Birch Society, Trump, Democratic Party, GOP, Center, LBJ School of Public Affairs, University of Texas, Racial Justice, University of North, University of North Carolina Chapel, Public Policy, Hoover Institution, California State, Republican, Democratic, White, Fair, Supreme, ESPN The Magazine, ESPN, New York Daily News, Philadelphia Inquirer, The University of California, UCLA, University of California, UC, Georgia Tech, Department of Education, Princeton, Yale, Stanford, Princeton University, Institute for, Digital Intelligence, Harvard University, College, Social Sciences, of Sociology, Equity, University of Minnesota Locations: today’s, Philippines, Taiwan, Los Angeles, Portland, White, American, United States, West Linn , Oregon, Cuban American, Miami, Havana, Cuba, Miami , Florida, America, Austin, University of North Carolina, California, lockstep, Berkeley, Asian America, Florida, Texas

☆ 'Swiftie' moms are passing down their passion — and parasocial relationship with Taylor Swift — to their kids
▼ + stars: | 2023-06-30 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +9 min

"People pull their kids from school for way stupider reasons than to go to a Taylor Swift concert," Vladek says to CNBC Make It. "That's the part Taylor Swift has done so brilliantly," she says. Taylor Swift doesn't." "When I was pregnant, I would hold my phone to my belly and play Taylor Swift," she says. "Honestly, I'd be crushed [if my daughter didn't like Taylor Swift].

Persons: Karen Vladek didn't, Taylor Swift, Taylor, Vladek, Maddie …, Swift, Tim McGraw, Michael Jackson, isn't, Kate Kurtin, Kurtin, Katy Perry, Russell Brand, Katy Perry's, —, Sally A, Theran, Jake Gyllenhaal, Jessica Sawyer, Sawyer, Jessica Dinney, Swift's, Dinney, wouldn't, didn't, Harry Potter, I've Organizations: CNBC, California State University , Los, Wellesley College, Disney, Twitter Locations: Houston, Austin , Texas, California State University , Los Angeles, New York City, Philadelphia, Jacksonville , Florida, Tampa , Florida, Tampa

[1/2] A U.S. flag flies outside a branch of the Silicon Valley Bank in Wellesley, Massachusetts, U.S., March 13, 2023. REUTERS/Brian SnyderWASHINGTON, June 20 (Reuters) - The U.S. Justice Department antitrust division plans to expand the scope of its bank merger review process, the department's chief said on Tuesday, in a sign the agency may get tougher when scrutinizing such deals. The comments are likely to disappoint the industry, which had been hoping Democratic President Joe Biden's administration would be more open to allowing deals after a spate of bank failures since March. Specifically, Kanter said any merger review for antitrust purposes must go beyond traditional factors like the impact on local depositors and branches, and consider a broader set of issues. "We believe this policy change will not be as negative for bank mergers as it may first appear," he added.

Persons: Brian Snyder WASHINGTON, Jonathan Kanter, Joe Biden's, Kanter, Biden, Isaac Boltansky, Cowen, Jaret Seiberg, Pete Schroeder, Deepa Babington, Michelle Price Organizations: Bank, REUTERS, U.S . Justice Department, Brookings Institution, Democratic, Justice Department, Silicon Valley Bank, DOJ, Thomson Locations: U.S, Wellesley , Massachusetts, Silicon

Search resuls for: "Wellesley"

25 mentions found