Today, we got a landmark ruling from the Supreme Court.

The decision abends affirmative action policies at colleges.

And that's a major shift in how especially selective colleges and universities have

operated for the past 45 years.

That's our colleague Doug Belkin, who covers higher education.

In its ruling, the court said that considering race in the admissions process was unconstitutional.

This is a watershed moment for higher education.

So around the country this morning, college presidents are on the phone with their attorneys

and their admissions directors to figure out what they can do.

There's a tremendous amount of focus on what's happening right now.

Race has played a huge part in the admissions process.

And as the country has become more polarized, this issue has really risen up to become one

of the most significant, I think, cultural issues in the country.

And while today's ruling is about college admissions, its effects could ripple out across

corporate America with implications for companies that are trying to diversify their workplaces.

Welcome to the journal, our show about money, business, and power.

I'm Jess Cementoza.

This Thursday, June 29th.

Coming up on the show, the Supreme Court rules against affirmative action.

Maltese's Salutes Anna.

She's a total mother-lover.

She's a full-blown, your times your own, flexible hours, hero.

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