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A recent report in Time shows that millennial incomes are on average 4% worst off than the previous generous. This is part of a larger economic trend of decreasing real inflation adjusted wages. 261 more words

Finance

JPMorgan Rolls Out $20 Billion Investment Plan After Tax Gains

POSTED BY Sweta Singh, David Henry, REUTERS

JPMorgan Chase & Co (JPM.N) unveiled a $20 billion investment plan on Tuesday to hike wages, hire more, open new branches and expand its business as it takes advantage of sweeping changes to the U.S. 624 more words

Daily News Updates

U.S. Economic Expansion Could Become Longest on Record

Economists surveyed by The Wall Street Journal see 43% probability of a recession in the next three years

A stack of the current income tax regulations sits on the dais during a House Ways and Means Committee markup of the Republicans’ Tax Cuts and Jobs Act in the Longworth Building in Washington, D.C., on Nov. 1,040 more words

Over Half Of Americans Haven't Had A Raise In A Year

MINNEAPOLIS (WCCO) — If you didn’t get a raise in the past 12 months, you are not alone.

A new report from Bankrate found more than half of American workers went without a salary increase during that time. 71 more words

News

Raises Finally Approved For St. Louis County Police

CLAYTON, Mo. (KMOX) – Following months of contentious debate and numerous delayed votes, St. Louis County police officers are finally getting their pay raises.

Without discussion, the council got right to it during an early session on Halloween and passed the pay raise measure unanimously, 6-0, with 6th District Alderman Ernie Trakas absent. 350 more words

News

PAUSD faces budget crisis, must limit future expenses

Written by Eric Epstein

The Palo Alto Unified School District (PAUSD) continues to face a significant budget shortfall, partly due to the three percent raise that the district is contractually obligated to pay all of its employees throughout the 2017-18 school year. 791 more words

St. Louis County Police Still Seeking Raises In Vain

CLAYTON. Mo. (KMOX) – Members of the St. Louis County police department say six months after voters approved the Prop P sales tax measure, it’s time for members of the county council to sign off on their long-delayed pay increase. 406 more words

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