Missouri governor quietly rescinds minority, women-owned hiring goals
JEFFERSON CITY — Gov. Mike Parson last week rescinded 177 executive orders, some issued in the 1980s, that he deemed no longer “necessary or applicable.” It was seemingly an innocuous action, framed as an effort to clean up past governor’s orders.
But buried within the dozens of rescinded old executive orders was one that set purchasing goals for state agencies from minority- and women-owned businesses.
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Read MoreThere’s No Market Process Independent of Competition
Many misconceptions about the nature of the free market system stem from an ignorance of who ultimately benefits from the market process. That the significant number of those who would benefit the most from the operations of the market—consumers—tend to also harbor much of the antagonisms against logically necessary features of the market highlights the unfortunate reality that the majority of people have yet to rightly understand how their best interests could be served by the mechanism of the market.
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Read MoreThe US is pumping more oil than ever, and it's complicating things for other crude-exporting countries
- US crude production hit a new all-time monthly high in August.
- This complicates things for OPEC+, which was planning to start increasing output in December.
- Oil is down 20% from April highs, causing some exporters to be cautious about how much they’re pumping.
US Election 2024: Donald Trump warns of ‘1929-style economic depression’ if Kamala Harris wins
Republican candidate and former President Donald Trump took a jab at Vice President Kamala Harris, claiming that if she were to win, the U.S. would be just three days away from a depression similar to the one in 1929.
Also Read: US Election 2024 Live Updates
In a post on X,
Sam Altman's leadership advice echoes 2 philosophies encouraged by Steve Jobs and Warren Buffett
- Sam Altman recently talked about the importance of companies staying focused.
- Altman also emphasized saying no, echoing Steve Jobs’ leadership philosophy.
- Warren Buffett has also highlighted the importance of saying no for success.
The Burst
5 Buffett Stocks On Sale
Today, we wanted to share something different: 5 top stocks on sale in Warren Buffett’s portfolio. The benchmark for determining valuation was a discounted cash flow forecast analysis. So, without further ado, let’s kick off with Occidental Petroleum, which has garnered a lot of attention over the past twelve months.
Occidental Petroleum
Not only does OXY have 29.3% upside to fair value based on our calculations but it’s also a significant holding for Buffett.
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Read MoreThe Ivy
Market Commentary: 1 Buffett Stock Set To 4x
Buffett rarely ventures into the technology sector but he did make a huge bet on the future of data via Snowflake, which his Berkshire Hathaway investment vehicle snapped up pre-IPO.
The future of Artificial Intelligence (AI) hinges on data, and that’s Snowflake’s playground. In an AI-dominated world, data management solutions like Snowflake’s will be pivotal,
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