• Jerome Powell’s bond-buying push gives stocks a boost

    Jerome Powell’s bond-buying push gives stocks a boost

    US stocks staged a dramatic recovery Monday when Federal Reserve Chairman Jerome Powell swooped in with yet another program to help buffer investors from the impact of the coronavirus. The Dow Jones industrial average tumbled as much as 762.36 points, or 2.9 percent, to 24,843.18, after several US states reported spikes in COVID-19 infections and …
  • Condé Nast staff share salaries, highlight alleged pay inequities

    Condé Nast staff share salaries, highlight alleged pay inequities

    As Condé Nast is rocked by claims of discrimination and pay inequality, activists have set up a spreadsheet that allows employees to anonymously share their salaries. The Google Doc — which lists staffers’ titles, salaries, gender, race, sexual orientation and the length of their tenure at the publisher — was passed around on Twitter on …
  • NASCAR’s Ray Ciccarelli says family has been ‘abused’ over Confederate flag post

    NASCAR’s Ray Ciccarelli says family has been ‘abused’ over Confederate flag post

    Ray Ciccarelli, the NASCAR driver who threatened to quit after the sport banned the Confederate flag, tried to set the record straight about his controversial post on Facebook, saying he believes his thoughts were misconstrued but doesn’t regret what he said. Ciccarelli took part in the NASCAR Gander RV & Outdoors Truck Series this weekend, …
  • Anna Wintour’s job is safe amid Condé Nast diversity scandal

    Anna Wintour’s job is safe amid Condé Nast diversity scandal

    Anna Wintour will not be ousted amid Condé Nast’s ongoing diversity scandal, execs confirmed Friday. The under-fire publisher is standing firmly behind the embattled longtime Vogue editor — its most famous employee — following her admission of “hurtful and intolerant behavior” at the fashion bible. As Page Six first reported this week, Wintour acknowledged in …
  • Condé Nast promises changes after coming under fire for race-related issues

    Condé Nast promises changes after coming under fire for race-related issues

    Condé Nast has vowed to hire a “global chief inclusion officer” and investigate all claims of pay and workplace discrimination after the publishing giant came under intense scrutiny for race-related issues. The company is promising to hold a town hall series and also to create an “external advisory council focused on anti-racism and inclusion topics,” …
  • Noor Tagouri says she tried to have a diversity event at Condé Nast after Vogue gaffe

    Noor Tagouri says she tried to have a diversity event at Condé Nast after Vogue gaffe

    After several people of color hammered Condé Nast online, claiming that it has a racist culture, journalist Noor Tagouri — whom the publisher once misidentified as a different Muslim woman — says it apologized for the gaffe, but then kept screwing her around. In 2019, Condé’s Vogue memorably confused Tagouri with Pakistani actress Noor Bukhari. …
  • All three major US markets sink as investors fret over long recovery

    All three major US markets sink as investors fret over long recovery

    The Dow plummeted 6.9 percent on Thursday in its sharpest one-day decline since the start of the coronavirus as investors face the prospect of a slow perhaps painful recovery. The Dow Jones industrial average plunged 1,861.82 points, to close at 25,128.17, while S&P 500 slid 5.9 percent, to 3,002.10. Even the Nasdaq Composite index of …
  • US stocks slump as investors fear resurgence in coronavirus infections

    US stocks slump as investors fear resurgence in coronavirus infections

    US stocks slumped on Thursday with the Dow shedding more than 5 percent and the index on track for its sharpest one-day decline since March 18, as investors fretted over a resurgence in coronavirus infections and a grim economic outlook from the Federal Reserve. The S&P 500 and the Dow Jones were set to wipe …
  • Condé Nast video editor Matt Duckor resigns over racial bias complaints

    Condé Nast video editor Matt Duckor resigns over racial bias complaints

    A top Condé Nast video editor has resigned over complaints of racial bias in the workplace — marking the publishing giant’s second high-profile departure in recent days over racial issues. Matt Duckor, head of Condé Nast Entertainment’s fast-growing lifestyle video programming, stepped down amid allegations that he didn’t feature people of color in Bon Appétit …
  • Former Condé Nast employees expose racial issues at publishing giant

    Former Condé Nast employees expose racial issues at publishing giant

    After a companywide meeting at Condé Nast about diversity on Tuesday, former employees railed against the publishing giant, with some accusing it of racism. Former staffer Shelby Ivey Christie wrote on Twitter, “My time at Vogue, at Condé Nast, was the most challenging + miserable time of my career — The bullying + testing from …