- Richer school districts in 23 states are receiving more local funding than their poorer counterparts
The Washington Post reported on Thursday that in 23 states, “per-pupil spending” by state and local governments is lower in poor school districts than in rich ones, in some cases as much as 33 percent lower. Nationwide, the average amount spent on students in poor school districts is $9,270 versus $10,721 for students in wealthy districts, based on U.S. Census data released by the National Center for Education Statistics last month.
In the past, the way credit rating agencies reviewed disputes or errors frequently hurt consumers. The nation’s three largest credit rating agencies have negotiated with the state of New York to change their review process, and to wait longer before posting unpaid medical debts. Judy Woodruff learns more from New York Attorney General Eric Schneiderman. Continue reading
Wisconsin labor unions took another hit today as Governor Scott Walker signed a bill known as the “right to work” into law Monday morning. In 2011, Governor Walker won a bitter fight to restrict collective bargaining for public sector workers. Now, after surviving a recall election and potentially looking towards a White House run, Mr. Walker has put restrictions on unions in the private sector.
The Food and Drug Administration has approved the first biosimilar drug for distribution in the United States, the agency announced on Friday. Continue reading
Major German companies will soon be required to make sure 30 percent of their supervisory board seats are filled by women. The quota is part of a new law, approved Friday by Germany’s parliament, intended to improve women’s representation on corporate boards. Continue reading
February’s labor report came in with stronger growth than expected, with 295,000 jobs added last month and the lowest unemployment rate since the 2008 financial crisis. But wage growth continues to lag, with hourly earning rising just one tenth of a percent. Secretary of Labor Thomas Perez analyzes the numbers with Judy Woodruff. Continue reading
Despite what you might have heard, the foreclosure crisis is far from over. Economics correspondent Paul Solman talks to people in Florida who have lost their homes, and considers whether a wave of new foreclosures is on the horizon. Continue reading
Congress’ dysfunction isn’t limited to the struggle to keep a Cabinet department running without interruption. Continue reading
The longer you wait before cashing in on Social Security benefits, the greater the financial reward. But many don’t wait until age 70. There’s a range of loopholes and “secrets” that can improve your benefits, a fact economics correspondent Paul Solman discovered during a tennis game with friend and Social Security expert Larry Kotlikoff. Their new book, “Get What’s Yours,” shares that knowledge. Continue reading