MIT Will No Longer Require Faculty Candidates to Write DEI Statements
The Massachusetts Institute of Technology (MIT) has announced that faculty candidates will no longer be asked to provide diversity statements during the application process. Before the switch announced Monday, teacher candidates Required According to the magazine, the purpose is to “illustrate how the university will strengthen its commitment to diversity.” new york times. “Such statements […]
Social Security funds to last longer than expected thanks to sturdy economy
The consolidated trust fund for Social Security is projected to be depleted a year later than previously expected, the program’s fiscal and governing board announced Monday. In its latest report, the Trustees project a depletion date for the Old Age and Survivors Insurance (OASI) Trust Fund, which pays Social Security benefits to retirees, and the […]
MIT no longer requiring diversity statements from prospective faculty
The Massachusetts Institute of Technology (MIT) announced Monday that it will no longer require a diversity statement from prospective faculty members. The school said the decision was made at the direction of Provost Sally Kornbluth “with the support of the provost, provost, vice provost for equity and inclusion, and all six deans.” “My goal is […]
Amazon, Walmart and others no longer sell weighted infant sleepwear over safety concerns
(NEXSTAR) – Retail giants Amazon, Walmart and others have stopped selling weighted infant sleep products due to safety concerns. Weighted sleeping bags and swaddles are said to help children and parents sleep better, but experts from the American Academy of Pediatrics (AAP) and various government agencies warn against their use. Masu. “These products have been […]
Fed holds interest rates higher for even longer as inflation remains high
The Fed will not lower interest rates until a certain level of inflation reaches its target rate of 2%. (iStock) The Federal Reserve Board stated: Lack of inflationary developments Interest rates have fallen over the past few months, which is why they’re holding their own at this point. The central bank announced Wednesday that it […]
Powell Says A Fed Hike Is ‘Unlikely’ But Wait For Cuts Will Take Longer
Jerome Powell still thinks the Fed’s next move will be to lower interest rates. The Fed on Wednesday kept its benchmark federal funds target unchanged at a range of 5.25% to 5.50%, but acknowledged that inflation progress has stalled in recent months. The Fed chairman doesn’t think a flare-up in inflation will prompt interest rate […]
‘You Are No Longer Suited for this Job’
Rep. Thomas Massie (R-Kentucky) issued a harsh warning to House Republican leadership that Speaker Mike Johnson (R-Louisiana) should voluntarily resign in order to best the conference. He challenged House Republican leadership to get the message across. Massey and Rep. Marjorie Taylor Greene (R-Ga.) announced Wednesday that they would force a vote on Greene’s motion to […]
Federal Reserve Chair Jerome Powell says rate cuts ‘will take longer than previously expected’ after interest rate meeting
Federal Reserve Chairman Jerome Powell acknowledged Wednesday that the central bank is delaying plans to cut interest rates because inflation has plateaued well above the central bank’s target. The Federal Open Market Committee (FOMC), the central bank committee tasked with setting monetary policy, voted on Wednesday to keep the federal funds rate in the range […]
Central Park visitors no longer feel safe as crime dramatically soars — but police say they’ve stepped up patrols
New Yorkers are nervous about a spike in crime in Central Park and say they are being forced to change their daily routines to avoid being targeted as police pledged to increase patrols on Tuesday. “I would never walk on this side of the park at night. Central Park is not all glitz and glamor […]
Fed expected to keep interest rates higher for longer amid stubborn inflation
Christopher Zook, chief investment officer at CAZ Investments, weighs in on the Fed’s response to the economy as expectations for interest rate cuts plummet and Japan’s yen and tech company profits plummet. Just a few months ago, Wall Street was confident that the Chinese government would start cutting rates in May. federal reserve. But a […]