Keyword: pay
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In another sign of cracks forming in the U.S. labor market, a New York Federal Reserve survey Monday showed a slide in people reporting they are employed, a surge in those looking for work and growing dissatisfaction with pay. The thrice-yearly measure of labor activity, confidence and satisfaction reflected growing concern in July about job security and in increase in those expecting to work past typical retirement age. Workers are still looking for higher starting salaries but are getting lower offers. The results come with the unemployment rate ticking higher and Wall Street and Fed policymakers watching the developments closely...
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Leading populist lawmakers in Germany, from both the left and right, have demanded consequences for Kyiv over Ukraine’s alleged involvement in the destruction of the Nord Stream pipelines, including reparations and the cessation of arms deliveries. Last week, it was reported that German authorities had issued an arrest warrant against a Ukrainian citizen for alleged involvement in the 2022 sabotage against the Nord Stream 1 and 2 pipelines owned jointly by Russia and Germany. This was followed by a report from the Wall Street Journal, which claimed that Ukrainian President Volodymyr Zelensky had initially approved the plot to attack the...
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For decades now, I’ve been conducting my own informal survey of American views about CEO pay. Whenever family, friends, or random strangers ask about my job, I tell them it involves research on executive compensation. Last year, for example, I found that CEOs of America’s 100 largest low-wage employers made, on average, over 600 times what their median workers made — and often thousands of times more. Invariably, people see red when I share these numbers. And they often have choice words about the unfairness of it all. A new poll reinforces my informal findings: Americans across the political spectrum...
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Columbia University and other private colleges should cough up and help foot the bill for the NYPD having to swarm the Ivy League campus and crackdown on pro-terror protests, Mayor Eric Adams said Thursday. Hizzoner addressed the cost to Big Apple taxpayers after cops were finally called in to help oust a destructive mob that had illegally taken over Columbia’s Hamilton Hall academic building late Tuesday and to clear out an encampment on the school’s iconic lawn. “We believe that they, too, should contribute to the cost,” the mayor told FOX5 when asked whether the Ivy League school should have...
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Senator Mitt Romney (R-UT) took a shot at former President Donald Trump on Tuesday. The Utah Republican Senator said of Trump’s character during an interview that aired on CNN’s “News Central” that you don’t pay someone not to have sex with you. On the steps of Capitol Hill, speaking to CNN chief congressional correspondent Manu Raju, Romney said, “I think everybody has made their own assessment of President Trump’s character. And so far as I know, you don’t pay someone $130,000 not to have sex with you.”
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It’s practically an international article of faith: Countries may not default on their sovereign debt. Yet China has done just that on $1 trillion it owes to U.S. bondholders. Is there nothing we can do about it? Finding members of Congress willing to talk tough isn’t hard. Many resolutions and joint letters over decades have called for China to honor its debt to U.S. citizens. But too many members, their election coffers lined by Wall Street and other financial and business interests heavily exposed to China, leave it at that. OPINION>FINANCE THE VIEWS EXPRESSED BY CONTRIBUTORS ARE THEIR OWN AND...
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The ridiculous “equal pay” debate about the WNBA coming from some Democrats raises an awkward question when it comes to their view of transgenderism: If men and women are indistinguishable and the WNBA doesn’t pay enough, why don’t women’s basketball players join the NBA instead? ..... The issue here, of course, is that neither Biden, members of his Cabinet, nor his judicial nominees can answer what they think a woman is. In the view of Biden and Democratic politicians, there are no differences between men and women, and men can be women or women can be men just by saying...
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Des Moines, Iowa — The Iowa House has voted to set limits for the pay of temporary nursing staff working in Iowa hospitals and nursing homes. A traveling nurse could be paid no more than 150 percent of the statewide average wage being paid to full-time healthcare staff who provide nursing services. The bill is a priority for House Republicans, who contend temp agencies are reaping too much of the extra money the legislature has provided nursing homes. Representative Timi Brown-Powers, a Democrat from Waterloo, is a therapist at Covenant Medical Center in Waterloo, She says the bill addresses a...
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Most Americans say they feel they pay too much in taxes, and many believe they receive little value in return, a new poll found. About two-thirds of taxpayers said they believe their federal income taxes, state sales taxes and local property taxes are too high, according to the poll conducted by the University of Chicago Harris School of Public Policy and The Associated Press-NORC Center for Public Affairs Research. The poll found that about one-third of taxpayers say the value they receive from paying taxes is poor, with less than than 25 percent of respondents saying they receive good value...
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Amazon announced Tuesday that it will hire a quarter million new workers starting this month as the holiday shopping season nears. The company is also raising the starting pay for the new full-time, part-time and seasonal workers to an average of $20.50 per hour, it said.
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Overtime for NYPD cops will be cut to help pay for the city’s migrant crisis — even as police battle to rein in crime that is still higher than before the pandemic. Mayor Eric Adams’ budget director, Jacques Jiha, has told the city’s four uniformed agencies — police, fire, sanitation and corrections — to come up with plans to slash their OT costs. “The mayor will … issue a directive to implement an overtime reduction initiative for our city’s four uniformed agencies (NYPD, FDNY, DOC/DSNY),” Jiha said in a memo sent to city agencies Saturday “These agencies must submit a...
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There are so many arguments about teacher pay. Everywhere in the country, Democrats are shilling for more teacher pay which is really a sell-out to the Teacher’s Union. Democrats fight school choice at every single turn. They hurt underprivileged and poor kids when they do. Yet, many of those same people active in killing school choice send their kids to private schools. No one is saying teachers do not provide a service. The reason they are paid what they are paid is that they are unionized, and it’s simply not that difficult to become a teacher compared to say a...
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Only money can fix education. Lots and lots of money. Dump trucks of it dumped right in a giant hole in Randi Weingarten’s backyard where it travels through the sewers into the coffers of top Democrats.When we pay our teachers like we pay NBA players, only then will children get to the halfway mark at reading. Instead, we pay them like WNBA players.For now, New York City schoolteachers must somehow survive on a miserly $150,000 a year.New York City educators will get fat pay hikes and bonuses of up to 20% under a new five-year, $6.4 billion labor contract announced...
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President Biden’s administration said Monday it is writing new rules aimed at requiring airlines to compensate passengers for significant flight delays or cancellations when the carriers are responsible. It is the latest in a series of moves by the Biden administration to crack down on airlines and bolster passenger consumer protections for domestic flights and international flights involving an American destination or origin. “When an airline causes a flight cancellation or delay, passengers should not foot the bill,” Transportation Secretary Pete Buttigieg said in a statement.
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Sen. Bernie Sanders (I-Vt.) introduced legislation on Thursday that would make the minimum pay for public school teachers in the U.S. $60,000 a year, following calls from President Biden to give teachers a raise last month. The Pay Teachers Act of 2023, co-sponsored by a number of lawmakers including Sens. Elizabeth Warren (D-Mass.) and Ed Markey (D-Mass.), would provide states with federal funds to establish minimum teacher salaries of at least $60,000 a year. It would also triple the funding of the Title I-A program, which provides funding to schools with a high percentage of students that come from low...
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The American economy needs fewer bachelor’s degrees and more ironworkersThousands of high-paying blue-collar jobs that don’t require a college degree sit empty because too many people think college is necessary, according to the Hechinger Report.“While a shortage of workers pushes wages higher in the skilled trades, the financial return from a bachelor’s degree is softening, even as the price, and the average debt into which it plunges students, remain high,” the higher education news outlet reported.So many high school graduates have been coached and primed to get a bachelor’s that highly paid jobs requiring less expensive and time-consuming training are...
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WASHINGTON (NEXSTAR) – Lawmakers are pushing for higher pay for federal and dc government employees. “The government workers must have 8.7%,” Sen. Cory Booker (D-N.J.) said. Tuesday, Booker joined other lawmakers and activists to demand better pay for federal employees across the country. “When we are united we are strong,” Booker said. Together they are backing the Fair Act, to give federal employees an 8.7% pay increase. “We’ve got to stop calling, by the way what I just did, which is a pay increase, which it is not. It’s fair pay,” Rep. Brian Fitzpatrick (R-Penn.) said. Fitzpatrick is one of...
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Per mile traveled, our British friends are now paying more to charge their electric cars than to gas them up. Do stories come any more feel-good than this? No, no, they do not: Rapid charge points used by motorists topping up on long drives are now nearly £10 more expensive than filling up a car with petrol, the RAC revealed last week. But research from the AA published on Monday finds that recharging an electric car even using a slow public charger at peak times can be more expensive, per mile driven afterwards, than for refuelling a comparable petrol car.
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New York lawmakers are now officially the highest paid state legislators in the land after they awarded themselves a massive pay raise. Members of both houses, 63 senators and 150 Assembly members, are getting a pay boost of $32,000 for a new base salary of $142,000, under a bill Gov. Kathy Hochul signed a day before her inauguration Sunday.
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New York City residents will pay “at least” $600 million for an influx of illegal immigration under Mayor Eric Adams’s watch as Texas Gov. Greg Abbott (R) continues sending migrant buses to the sanctuary city, a new analysis reveals. For months Abbott has been sending border crossers and illegal aliens on buses to a number of sanctuary jurisdictions across the United States, including New York City. Almost immediately, Adams told New Yorkers to get “on board” with waves of illegal immigration burdening schools, infrastructure, homeless shelters, and subways.
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