Alphabet Soup: Has the DEI bubble finally burst? Shift in the private sector
The Secret Service failures during the near assassination of former President Donald Trump have once again shone the spotlight on so-called DEI hiring, with Director Kimberly Cheatle being accused of being a box-ticking diversity hire. This Washington Examiner series, Alphabet Soup, will take a closer look at whether the DEI chickens have come home to […]
Lynx: Buy TSM, chip stocks as sector sell-off expected to reverse – Investing.com
Shares of TSMC (TSM) and other semiconductor makers came under heavy pressure last week, mainly due to reports that the U.S. is considering tougher trade restrictions to limit China’s access to advanced chips. The Biden administration is reportedly considering tougher measures against companies such as Tokyo Electron and ASML ( ASML ) if they continue […]
Northern Border Sector Now 5th-Busiest for Migrant Encounters in United States
Border Patrol agents in the Swanton Sector set a new record in June, apprehending more than 3,300 migrants. The sector, which covers the Canadian border and parts of Vermont, New Hampshire and eastern New York, is now the fifth-busiest of the U.S. Border Patrol’s 20 sectors. According to the CBP National Encounter Report for June, […]
Pay bodies to recommend 5.5% rise for teachers and NHS staff, report says | Public sector pay
The independent pay review body, which represents teachers and NHS workers, has recommended an above-inflation pay rise, which could require the government to spend up to £10 billion more, according to a leading economist. The groups will recommend a 5.5% pay rise for the 514,000 teachers and the around 1.3 million NHS staff they represent. […]
'Another Nasdaq crash?': SocGen warns of potential US tech sector bubble burst – Investing.com
Strategists at Societe Generale (OTC:) are warning growth-oriented investors that a bubble in the U.S. technology sector could be about to burst. The bank highlighted the large market capitalization of U.S. technology companies, noting that small caps have recently surged in contrast to declines for big tech companies, including the “Magnificent Seven.” “With the US […]