Justice Department investigations found UCLA and UC San Diego medical schools intentionally discriminated by race in admissions, using proxies and workarounds to favor black and Hispanic applicants over Asian and white candidates.
12h ago
SEIU Healthcare Illinois spent under 20% of its $65.7 million budget on worker representation in 2025, while allocating millions to politics and six-figure staff salaries, federal filings show.
12h ago
New Federal Reserve research shows AI adoption has reached 45% of workers and spans 80% of occupations, but remains shallow—fewer than 3% of tasks exceed 50% adoption rates.
13h ago
The dollar's share of global reserves fell from 64 to 56 percent, but concentration among China and Russia, not broad diversification, drove the decline.
14h ago
Worker fears of AI-related job loss doubled from 5 to 10 percent between 2024 and 2025, with anxieties rising across education levels and industries, Federal Reserve research shows.
15h ago
The San Francisco Fed's Beige Book shows Twelfth District economic activity was flat in July-August, with stable employment, modest price increases, and pessimistic business sentiment unchanged from prior periods.
15h ago
House fiscal 2027 bills propose $13.7 billion in rescissions but use savings to offset higher spending elsewhere, not reduce deficits, National Taxpayers Union Foundation reports.
1d ago
Foreign exporters absorbed 47 percent of 2025 US tariff costs while importers paid 53 percent, according to a Tax Foundation study challenging earlier pass-through estimates.
1d ago
California lawmakers rejected Gov. Newsom's plan to cap utility wildfire liability, triggering a 20% stock drop for PG&E and 23% for Edison International while passing bills legalizing balcony solar and remote inspections.
1d ago
CMS proposes cutting Medicare $260 million annually by equalizing imaging prices across settings, ending hospital facility fees that cost three times more for identical scans without quality improvements.
1d ago
Droughts at the Panama Canal and Rhine River are restricting shipping capacity, adding pressure to energy markets already strained by the Strait of Hormuz closure, Wood Mackenzie reports.
1d ago
A criminal justice program spread nationwide on false claims of 58% crime reduction, actually showing no significant arrest changes and leaving 91% of participants unemployed, a Washington Policy Center report finds.
2d ago
Household inflation expectations rise when gas price forecasts climb but don't fall symmetrically when gas outlooks drop, especially among lower-income groups, Federal Reserve research shows.
2d ago
Chicago Fed analysis of 2025 tariffs found no significant employment impact despite higher input costs and industry protection, as offsetting forces in manufacturing appeared to cancel out job gains and losses.
2d ago
Midwest farmland prices held flat in Q2 2026 after years of gains, signaling a potential plateau as demand from solar and data centers wanes, Chicago Fed reports.
2d ago
AI use among regional firms has surged to 61% for services and 51% for manufacturers, but layoffs remain rare as businesses retrain workers instead of cutting jobs.
2d ago
Washington state spending grew 148% from 2013 to 2025, outpacing 112% revenue growth. The gap threatens a $7 billion shortfall in 2027 without policy changes.
2d ago
Tree ordinances can impose fees up to $915,000 on property owners, shifting public environmental costs to individuals and raising housing prices, a Texas report finds.
2d ago
Montana's governor plans a flat 4.7% income tax for 2027, mirroring Colorado's model, while Colorado considers reversing its own flat tax that fueled decades of growth.
2d ago
Oregon's highways rank 33rd nationally in cost-effectiveness and condition, up from 35th last year. The state excels in pavement quality but struggles with high fatality rates and spending.
2d ago
California sued the Trump administration over a $120 million buyback of an offshore wind lease, alleging it operates like an "extortion racket" that undermines state clean energy investments.
2d ago
Oklo filed an emergency FERC complaint alleging PJM improperly removed its 750-MW multifuel project from interconnection studies, causing a 14-month delay and higher costs for the Meta-backed development.
2d ago