PAY RAISE

May 29 2026EDUCATION

School money trouble sparks debate over pay for top finance helper

A school district in California is facing serious cash shortfalls after years of hiring too many staff for the money coming in. With student numbers tumbling from 16, 000 in 2016 to fewer than 12, 000 by 2025, the money that follows each student has shrunk fast. School leaders say they need more cas

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May 15 2025EDUCATION

Texas Senate's Education Budget: Less for Students, More for Teachers?

A recent proposal from the Texas Senate has sparked debate over the future of public education funding. The Senate's plan for school finance differs significantly from the House's version, particularly in how much extra money each student would receive. The Senate wants to add only $55 to the b

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Dec 18 2024POLITICS

Lawmakers Bump Up Troop Pay, Face Off on China and Culture

Washington saw a major defense bill pass through the Senate, focusing on significant pay hikes for junior military personnel. The bill, totaling $895 billion, also targets China's growing influence. Strikingly, it removes medical coverage for transgender children of military members. The measure fac

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Dec 12 2024POLITICS

Congress Approves Massive Defense Bill with Mixed Feelings

On Wednesday, the House passed the yearly defense policy bill — the National Defense Authorization Act (NDAA) — with a bipartisan vote of 281-140. The bill, worth $883. 7 billion, includes a pay raise for military members and controversial amendments. One hotly debated provision restricts healthcare

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Nov 18 2024BUSINESS

Vegas Workers Picket for New Deal

In Las Vegas, workers are on their third day of picketing at a major casino. They're protesting for better pay and benefits, similar to what others got last year. The strike is happening just before a big racing event, the Las Vegas Grand Prix. No talks are planned between the union and casino manag

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Oct 23 2024BUSINESS

Boeing's Big Loss: Will Workers Accept Contract?

Boeing is facing a massive $6 billion loss this quarter. Meanwhile, the company is waiting for machinists to vote on a contract that offers big pay raises. The CEO, Kelly Ortberg, who's only been in the job for a few months, wants to fix the company's problems. He says the company needs a culture ch

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Oct 10 2024FINANCE

What’s New for Military Pensions in 2025?

In 2025, military retirees and disabled veterans will see their monthly paychecks increase by 2.5%. This raise is lower than recent years but still close to the average increase over the last decade. The Social Security Administration just announced this Cost of Living Adjustment (COLA), which is ti

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Oct 05 2024BUSINESS

Port Strike Ends, Workers Win Big Pay Bump

After a 12-day strike that had consumers worried about shortages and inflation, dockworkers are heading back to work. The strike, which affected dozens of ports along the East and Gulf coasts, ended with a tentative agreement that will boost workers' pay significantly over the next six years. The t

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Sep 17 2024BUSINESS

Boeing's Financial Woes: A Perfect Storm of Layoffs and Contract Disputes

Boeing, one of the world's largest aerospace companies, is facing a perfect storm of financial woes, layoffs, and contract disputes. The company has announced plans to freeze hiring, reduce travel, and consider temporary layoffs to save cash during a factory workers' strike that began last week. The

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