The US Supreme Court has ruled that admission of students in colleges and universities based on race is unconstitutional.
The Supreme Court delivered the significant ruling in two cases filed against the use of race in admissions at Harvard and the University of North Carolina.
In the landmark Students for Fair Admissions v. Harvard case, the top court ruled that race-conscious college admissions processes will be unconstitutional under the Equal Protection Clause of the 14th Amendment.
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Political News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.