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Pandemic-era inflation left millions of workers with a lasting pay cut. Now it’s happening again.

American workers’ wages are once again failing to keep up with inflation — a painful financial déjà vu of the pandemic years.  The repeat situation may feel even more acute given that many workers are still catching up from the 2021-2022 inflationary bout, when companies gave workers only moderate pay raises that fell short of four-decade-high price…

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DEI policies brought no financial penalty for companies that kept them, study finds

Companies that stuck with their diversity, equity, and inclusion policies during the second Trump administration, which has sought to cut such programs from the federal government and encouraged private-sector firms to follow suit, have incurred no financial penalties, according to a new study.  Corporations in the S&P 500 that maintained their DEI programs performed just…

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Disney and ABC sue FCC over early license renewals, alleging “a retaliatory campaign”

The Walt Disney Company, ABC and their television stations sued the Federal Communications Commission on Tuesday, alleging the agency’s request to file for early license renewal violates their First Amendment rights and amounts to “a retaliatory campaign.” The ABC licenses were originally scheduled for renewal between 2028 and 2031. The lawsuit, filed in a federal…

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New York City Council probing Kalshi, Polymarket and other prediction markets over marketing claims

The New York City Council said Wednesday that it is investigating four prediction markets over allegations that the companies engage in deceptive marketing. The probe will examine the advertising practices of Gemini Titan, Kalshi and Polymarket, all of which are based in New York, as well as Texas-based Coinbase. “Prediction markets aggressively entice consumers to…

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Trump administration bars use of Medicaid funds for some youth transgender care

President Trump’s administration said that Medicaid will stop paying for gender-affirming surgeries and hormone treatments for transgender minors and the state Children’s Health Insurance Program won’t pay for the treatments for those under 19. The announcement is the latest in a series of policies from the administration aimed at transgender people that began the day…

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The Pakistan the world keeps missing

International standards are often assumed to be a modern invention. They are not. Many predate the United Nations itself; the International Labour Organization (ILO), for instance, was established under the League of Nations and only later folded into the UN system. Countries have long used such standards to strengthen governance, build credibility, and integrate into…

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