What we are reading on June 11, 2025

A look at Fascist aesthetics, how diversity, equity, and inclusion are part of executive education, and all the news that is fit to read this week.
The hidden time bomb in the tax code that’s fueling mass tech layoffs
A decades-old tax rule helped build America’s tech economy. A quiet change under Trump helped dismantle it
Retreat of DEI has not changed priorities of executive education
Many business schools are responding with renewed commitment to diversity and environmental issues
Trump says Xi agreed to restart flow of crucial minerals, but analysts say China won’t give up its ‘rare earth card’ | CNN Business
US President Donald Trump said Chinese leader Xi Jinping has agreed to restart the flow of crucial rare earth materials, after announcing a new round of US-China trade talks will be held in London on Monday.
Warner Bros. Discovery to Split Into 2 Companies: Cable Channels and Studios, Streaming
WBD CEO David Zaslav will become president and CEO of Streaming & Studios, with CFO Gunnar Wiedenfels in charge of Global Networks.
Hedge funds could make billions from a Fannie Mae and Freddie Mac spin-off | CNN Business
A longstanding bet made by a handful of hedge funds could finally pay off under Donald Trump’s presidency, but it risks sending shockwaves through America’s $12 trillion mortgage market.
Making America Backward Again
Trump and MAGAnomics are wrecking the economy, dismantling democracy, and making America backward again, Paul Krugman writes
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