Bloomberg News’ Post

Investors are reducing tax bills by cashing out of mutual funds at a loss — providing a tax write down — and then reinvesting the proceeds.

American medical schools are confronting their first major challenge since the US Supreme Court’s June decision to outlaw race-based college admissions. As medical schools sift through their first round of applications since the ruling, there’s already a nascent response to diminish the impact on the pipeline of future Black doctors. The National Medical Association, an organization for Black physicians, is raising money for a new scholarship. The Association of American Medical Colleges will get involved in K-12 education for the first time. Underrepresentation is a long-standing problem: only 5.2% of practicing physicians in the US were Black even before the ruling, despite Black people making up about 14% of the overall population. Bloomberg News reporters Richard Abbey, Ilena Peng, and Marie Patino share more. #affirmativeaction #admissions #HBCU #medicalschool #student

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