Rev. Al Sharpton led a buy-cott at Costco in East Harlem to support the store’s diversity policies post-Trump’s anti-D.E.I. order, drawing criticism from leftists concerned about prioritizing class over identity politics; some argue unions are more effective in addressing inequality. D.E.I. programs in workplaces are seen as tools of management by critics, while supporters believe they can reduce prejudice and improve diversity, though they may fall short due to corporate resistance. The rollback of D.E.I. initiatives may empower companies to retaliate against minority workers, potentially leading to negative consequences despite critics’ reservations about their effectiveness.
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Gilt rally offers partial reprieve for Rachel Reeves
In the Unlock the Editor’s Digest, FT Editor Roula Khalaf curates her top stories, including the UK Chancellor Rachel Reeves facing challenges despite a fall in borrowing costs, as the country's economic outlook worsens. Reeves' fiscal room for maneuver has improved due to a global bond rally and potential interest rate cuts by the Bank of England, but grim forecasts and lower growth estimates may impact the government's ability to reduce borrowing rapidly in the...
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