UCLA Med School Illegally Using Race In Admissions: DOJ A DOJ investigation into the University of California–Los Angeles (UCLA) found its medial school allegedly used applicants' race to discriminate against white and asian candidates . Royce Hall on University of California, Los Angeles, campus is seen in Los Angeles on Aug. 15, 2024. AP Photo/Damian Dovarganes, File In a seven-page letter relea...
UCLA Med School Illegally Using Race In Admissions: DOJ A DOJ investigation into the University of California–Los Angeles (UCLA) found its medial school allegedly used applicants' race to discriminate against white and asian candidates . Royce Hall on University of California, Los Angeles, campus is seen in Los Angeles on Aug. 15, 2024. AP Photo/Damian Dovarganes, File In a seven-page letter released on Wednesday, the agency’s Civil Rights Division wrote that UCLA "continues to intentionally discriminate against applicants based on their race after the Supreme Court’s decision in Harvard by granting and denying admission on the basis of race," citing a 2023 decision - Students for Fair Admissions vs. Harvard - which barred race-conscious admissions at colleges and universities, but still allowed schools to consider how race affected students if they wrote about their experiences in essays. The finding is the latest salvo in the clash between the Trump administration and woke institutions since last year, after federal investigators went after DEI initiatives in higher education. "Racism in admissions is both illegal and anti-American, and this Department will not allow it to continue," said Assistant Attorney General Harmeet K. Dhillon of the U.S. Department of Justice’s (DOJ) Civil Rights Division. The David Geffen School of Medicine at UCLA responded - saying its process was "based on merit and grounded in a rigorous, comprehensive review of each applicant." "We are confident in our practices and our mission to maintain access to a high-quality education to all qualified students," a spokesperson told the Epoch Times , which notes further: The medical school was reviewing the DOJ’s report and was “committed to providing equal opportunity to all applicants and fully complying with federal and state laws,” the spokesperson said. The DOJ issued a letter to the university’s medical school on May 6 notifying officials of the school’s failure to comply with federal civi...
In this article COIN Follow your favorite stocks CREATE FREE ACCOUNT Chairman Tim Scott, R-S.C., listens to testimony by Kevin Warsh in Dirksen building on Tuesday, April 21, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty Images A major rules-of-the-road bill for the crypto industry is set to get an initial vote on May 14 in the Senate Banking Committee. The step to move the legislation forward i...
In this article COIN Follow your favorite stocks CREATE FREE ACCOUNT Chairman Tim Scott, R-S.C., listens to testimony by Kevin Warsh in Dirksen building on Tuesday, April 21, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty Images A major rules-of-the-road bill for the crypto industry is set to get an initial vote on May 14 in the Senate Banking Committee. The step to move the legislation forward is a loss for the banking industry. Banks have argued that the proposed legislative language limiting when stablecoins can earn interest is still too similar to yield-bearing products like a savings account, and could threaten traditional banks and their deposits. Historically, interest in the form of rewards has been a key incentive for users to hold stablecoins. Scott told Fox Business last week that he wanted to have "13 of 13 Republicans on board" — referring to all GOP members on the committee. It's not clear if any Democrats will vote for the bill given yet-to-be-resolved differences, including over provisions that would limit how politicians can profit from digital assets. Several senators and industry experts have suggested the bill can be changed to gain Democratic support between the committee vote and a potential vote on the Senate floor. But time is running out for lawmakers to resolve differences in that chamber, and it's unclear whether the House will want to make its own changes. The committee had been set to advance the bill in January, but it was canceled at the 11th hour after both banking and crypto industries raised concerns about the legislation. Crypto companies including Coinbase are now on board after Sens. Thom Tillis , R-N.C., and Angela Alsobrooks , D-Md., released a compromise proposal on how crypto companies could offer rewards to stablecoin users that wouldn't compete with yields banks offer for deposits. Stabecoin is a digital currency designed to maintain a consistent value by being pegged to a reserve currency, usually the U.S. dollar. Yet gr...
JHVEPhoto/iStock Editorial via Getty Images Verizon Communications Inc. ( VZ ) reported a strong start to 2026, delivering $1.28 per share in non-GAAP earnings for the first quarter, which surpassed the analyst consensus of $1.21. The company raised its full-year profit guidance, reflecting improving operational momentum and a stronger outlook for its wireless and broadband businesses. Despite the...
JHVEPhoto/iStock Editorial via Getty Images Verizon Communications Inc. ( VZ ) reported a strong start to 2026, delivering $1.28 per share in non-GAAP earnings for the first quarter, which surpassed the analyst consensus of $1.21. The company raised its full-year profit guidance, reflecting improving operational momentum and a stronger outlook for its wireless and broadband businesses. Despite the significant price rally and operational milestones, analyst sentiment remains a focal point as investors weigh the benefits of fiber integration against the company’s rising debt levels. What do Seeking Alpha analysts say about Verizon’s future? The consensus among several analysts is bullish, driven by the belief that Verizon has finally reached a turning point in its wireless and broadband segments. Bullish investors pointed to the company’s first positive first-quarter growth in postpaid phone connections since 2013, a milestone achieved under the leadership of new CEO Dan Schulman. They also highlighted the strategic importance of the Frontier acquisition, which is expected to yield $1 billion in cost synergies by 2028 and serves as a significant growth engine for the fiber broadband business. Furthermore, the robust dividend coverage ratio of 180% and a 6% yield provide a secure floor for value-oriented investors. Bearish investors, however, highlighted potential headwinds, including the company’s increased leverage, which currently sits at 2.6x. They expressed concerns that macroeconomic uncertainty, specifically regarding high oil prices and the direction of interest rates, could constrain further multiple expansion. Additionally, while EPS beat expectations, some analysts noted that total revenue missed analyst forecasts in the most recent quarter, suggesting that top-line growth still faces competitive pressure. Here’s a breakdown of what some analysts had to say: The Asian Investor, Rating: Strong Buy: “VZ’s broadband subscriber growth, boosted by Frontier’s 2.2 ...
The AI-driven market trend has expanded from NVIDIA (NVDA.US) to the entire hardware industry chain, with Intel (INTC.US) and Micron Technology (MU.US) seeing their share prices double year-to-date. 富途牛牛
The AI-driven market trend has expanded from NVIDIA (NVDA.US) to the entire hardware industry chain, with Intel (INTC.US) and Micron Technology (MU.US) seeing their share prices double year-to-date. 富途牛牛
Colombian inflation sped up in April, moving further away from the central bank’s target and raising the likelihood it may need to resume interest rate hikes after an unexpected pause late last month. Annual inflation during the month accelerated to 5.68%, the highest rate since 2024, the statistics agency reported Friday, slightly above the median forecast of 5.64% from analysts surveyed by Bloom...
Colombian inflation sped up in April, moving further away from the central bank’s target and raising the likelihood it may need to resume interest rate hikes after an unexpected pause late last month. Annual inflation during the month accelerated to 5.68%, the highest rate since 2024, the statistics agency reported Friday, slightly above the median forecast of 5.64% from analysts surveyed by Bloomberg. Consumer prices rose 0.78% from the previous month. Core inflation, excluding volatile food prices, advanced to 5.44% from 5.39% the previous month. The central bank targets 3% inflation, plus or minus one percentage point. On April 30, the South American country’s central bank held its benchmark rate unchanged at 11.25%, surprising analysts and traders who anticipated further tightening. The decision comes as outgoing President Gustavo Petro has intensified calls to lower borrowing costs. Most members of the monetary policy committee have resisted his push, while the leftist leader has accused them of undermining the economy ahead of the presidential election later this month. Minutes from the April meeting showed that the seven-member board unanimously agreed to hold rates steady, partly to avoid any perception of political interference. The decision also came as Finance Minister Germán Ávila , a voting member of the board, threatened to boycott the meeting, which would have prevented any decision from being made. Higher Colombia Rates Won’t Tame Inflation, Central Banker Says Colombia’s Surprise Rate Hold Aimed to Avoid Election Noise Central Banker Says Surprise Colombia Rate Hold Avoided Upheaval At the same time, inflation expectations are on the rise following the government’s record 23% increase to the minimum wage, reinforcing concerns about accelerating prices. The central bank’s latest staff forecasts see inflation ending the year at 6.4% before slowing to 3.7% in 2027. Despite the unanimous interest rate decision, divisions within the board remain. Four me...
Overnight U.S. Stocks | U.S. April Nonfarm Payrolls Exceed Expectations, S&P 500 and Nasdaq Composite Index Rise for Sixth Consecutive Week, Micron Technology (MU.US) Surges Over 15%, Market Value Breaks Through $840 Billion 富途牛牛
Overnight U.S. Stocks | U.S. April Nonfarm Payrolls Exceed Expectations, S&P 500 and Nasdaq Composite Index Rise for Sixth Consecutive Week, Micron Technology (MU.US) Surges Over 15%, Market Value Breaks Through $840 Billion 富途牛牛