Metro’s board of directors plan to vote on a $3.5 billion fiscal year 2020 budget Thursday without a fare increase and keep the current Metrorail hours intact. One controversial item…
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Metro’s board of directors plan to vote on a $3.5 billion fiscal year 2020 budget Thursday without a fare increase and keep the current Metrorail hours intact.
One controversial item the transit agency proposes is a $1 million pilot program to work with ride-sharing companies and taxi services to help the commute of late-night workers, primarily in the hospitality and health care industries.
Commuters would receive the first $3 of the fare with a maximum of 10 trips per week between midnight and 4 a.m. within Metro’s service area.
New data about Wall Street compensation shows that the financial sector’s huge pay has widened the national disparity between white men and women and people of color, according to a new report from the Institute for Policy Studies, a liberal think tank.
They’re the heirs to the candy throne that is Mars Inc., maker of Snickers, Mars Bars, Milky Way Bars, Twix, M&M’s, and more — not to mention a portfolio of PetCare products, drinks, and gum, among others.
Minimum wage workers would be making $33.51 an hour if their earnings had grown at the same rate of Wall Street bonuses, according to a new report.
Those big bonuses have risen 1,000 percent since 1985 – going from $13,970 to $153,700 in 2018.
By comparison, the federal minimum wage ($7.25 an hour since 2009) increased 116 percent during the same period, according to the analysis by the left-leaning Institute for Policy Studies.
It might not land you in the ranks of the ultra-wealthy, but it still pays to work on Wall Street.
Wall Street firms paid employees an average bonus of $153,700 in 2018, according to numbers released Tuesday by New York State Comptroller Thomas DiNapoli.
The figure was averaged across the more than 170,000 securities industry employees working in New York City during bonus season. And while it represented a 17 percent decrease from the previous year, it was still nearly double the average income of an American household.
Although the argument at first seems to be Wall Street bonuses are choking the pay of women, minorities, and low-wage workers in general, it’s ultimately more a use of contrast to remind people the vast income gulfs that exist in this country because Wall Street is more indicative of an issue than a sole cause.
The Trump regime will host NATO’s 70th anniversary celebrations in Washington on April 4, the day Dr. Martin Luther King was assassinated in 1968. “We see this as a grotesque desecration of the legacy of Dr. King, who opposed wars and militarism,” said Netfa Freeman of the Black Alliance for Peace, which will gather at the Plymouth Congregational Church, in Washington, on April 4 to say “No” to U.S. wars.
President Donald Trump’s requested military budget is another record breaker—and Democrats are countering with their own increase.
The Trump administration unveiled the details of its proposal to the public on March 12. At $750 billion, the military seeks to receive $36 billion more than last year’s record $714 billion budget—an increase that experts say is aimed at China and Russia. Democrats have signaled that the increase is a nonstarter, but their counter-offer of $733 billion isn’t exactly a difference in more than degrees, Matt Taibbi wrote in Rolling Stone.
“The Democrats want to lower Trump’s number,” said Taibbi, “but still give the Pentagon a raise.”
Chanelle Helm buries her chin and nose beneath her black scarf, a rather weak defense against the sting of a 20-degree morning. Her black boots crunch across the lawn of a house in the Shawnee neighborhood. She keeps expecting the ground to give a little, but — oh, yeah, everything’s frozen. No matter. She and four other Black Lives Matter volunteers go knocking on doors throughout west Louisville on this recent Saturday morning. They hope to gauge the needs and concerns of west Louisville residents. “I don’t understand how people are not doing this,” Helm says before sliding some BLM fliers in a storm door. “We need to.”
When it comes to the Cathy family’s reported $11 billion fortune, it’s all about the fried chicken. That’s because the Cathys are the family behind the Chick-fil-A empire.
S. Truett Cathy officially founded the popular fast-food chain in the 1960s, laying the roots for what is today America’s 15th-richest family wealth “dynasty,” according to the left-leaning Institute for Policy Studies’ “Billionaire Bonanza” report.
