prices will stay high for longer. and we take a look at the biggest deal in golf, ahead of a us senate hearing into the pga liv merger. welcome to world business report. let s start here in the uk where the government is facing another big setback in its battle against inflation. new data show that average wages have risen at a record annual pace of 7.3% in the march to may period, compared with the same period last year. british headline inflation is running at 8.7%, staying higher for longer than many had forecast. and there are concerns that after 13 consecutive interest rate rises, that the bank of england could need to raise it even further to bring price rises under control. let s hear now from janet mui, head of market analysis at rbc brewin dolphin. thank you for being with us. inflation has not been coming down at the expected pace. what does this data signal about how things could pan out? good afternoon. thank you for having me. which group is still pretty strong,
$20,000 in debt. did you overstep your authority? i think the court misinterpreted the constitution the. will: this follows the previous day of landmark decisions with the high court voting to outlaw race-based affirmative action in college admissions, just a landmark week for the supreme court and a really bad week for joe biden. let s focus in on the supreme court for just one moment, if we might. these are three major, or major policies that are the culmination of years, perhaps even decades, of work in some cases. for example, when it comes to the affirmative action. the supreme court saying that colleges should not use race in admission to me, on its case is a on its face, is a good and principled move in terms of evolving towards a less race-conscious society. under the 14th amendment, all men have equal protection. when it comes to the colorado case, this was simply about free speech. should you be compelled to endorse or create speech you do not agree with, and
and the rockets red glare the bombs bursting in air gave proof through the night that our flag was still there o say does that star spangled banner yet wave o er the land of the free and the home of the brave will: protests outside the supreme court following two monumental rulings. in a 6-3 vote the high court ruled in favor of a colorado graphic designer who refused to design a custom wedding website for same-sex couples arguing at conflict with her christian faith. the majority putting her first amendment rights above the state s nondiscrimination law. today is certainly a day of victory but not just for me, for all americans. affirmed the government cannot force anyone to say something it doesn t believe. joey:the justices struck down president biden s $430 billion student loan bill. it would have allowed eligible borrowers to cancel $20,000 in debt. president biden: i think the court misinterpreted the constitution. rachel: this follows a
support. i m michael smerconish in philadelphia. monday america celebrates the third ever federal holiday of juneteenth, commemorating the emancipation of enslaved african americans. as we do, the consensus among legal scholars is the supreme court will soon be ending affirmative action, at least in the context of college admissions. does that mean it achieved its purpose or we re abandoning the underlying premise? a pair of cases have been argued. we ll soon know the results. one involves harvard, the other the university of north carolina. the conventional wisdom is that race-conscious admissions will end. currently race is permitted to be a factor, meaning one factor among many to be considered as schools seek to create a diverse student body. kwoet quote teas, however, are unconstitutional. that s the bottom line after the supreme court has taken up several cases involve ing affirmative action over time. justice sandra day o connor wrote we expect 25 years from now the us
juneteenth, commemorating the emancipation of enslaved african americans, and as we do, the consensus among legal scholars is that the supreme court will soon be ending affirmative action, at least in the context of college administrations. does that mean that it achieved its purpose or that we re abandoning the underlying premise? a pair of cases have been argued. we will soon know the results. one involves harvard, the other the university of north carolina. the conventional wisdom is that race conscious administrations will end. currently race is permitted to be a factor in the administrations calculus, meaning one factor among many to be considered as schools seek to create a diverse student body for everybody s benefit. quotas on the other hand, are unconstitutional. that s the bottom line after the supreme court has taken up several major cases involving affirmative action over the years. and one of those cases was in 2003, it was grutter versus bollinger, involved the