The Supreme Court ruled that using race-based practices in college admissions “violate[s] the Equal Protection Clause of the Fourteenth Amendment” in the highly awaited cases Students for Fair Admissions v. Harvard and Students For Fair Admissions v. the University of North Carolina, according to the decision. An analysis of the previous quarter found that 3,000 Russell Index companies dropped the use of DEI language by 54 percent from last year, showing the steepest decline since 2018, according to Bloomberg Law.