Wage gap: For women, taking time to care for family can cost them $1 million in a lifetime

Start your day with the news you need from the Bay Area and beyond. Sign up for our new Morning Report weekday newsletter. Women have made significant strides in the workplace, but a new report from Merrill Lynch reveals the earning gap between men and women can sometimes widen to more than $1 million over the course of a lifetime. The report, “Women & Financial Wellness: Beyond the Bottom Line,” attributes the wage chasm to a variety of factors, including lower pay, fewer investments, more time away from work and less in the way of retirement savings. The paycheck Bureau of Labor Statistics figures from 2016 show that for every… Read More

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Wage gap: For women, taking time to care for family can cost them $1 million in a lifetime

Start your day with the news you need from the Bay Area and beyond. Sign up for our new Morning Report weekday newsletter. Women have made significant strides in the workplace, but a new report from Merrill Lynch reveals the earning gap between men and women can sometimes widen to more than $1 million over the course of a lifetime. The report, “Women & Financial Wellness: Beyond the Bottom Line,” attributes the wage chasm to a variety of factors, including lower pay, fewer investments, more time away from work and less in the way of retirement savings. The paycheck Bureau of Labor Statistics figures from 2016 show that for every… Read More

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Desire to buy a home at all-time high, according to this poll

Start your day with the news you need from the Bay Area and beyond. Sign up for our new Morning Report weekday newsletter. U.S. consumers have record-high desires to buy a home, says one slice of a consumer confidence survey. The Conference Board’s monthly survey of shopper optimism found 7.8 percent of American consumers in April expect to be homebuyers within the next six months. This topped the survey’s previous peak for homeownership of 7.4 percent. That old record was first set in December 2013, then matched in January 2016, and September and December of last year. While willingness to tell a pollster about a spending goal is far from… Read More

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Robinson Dairy property sells in central Denver, but don’t worry, the sign will stay up

If you’ve driven Sixth Avenue west out of downtown Denver, you’ve probably seen the Robinson Dairy sign north of the highway, its six white prongs jutting upward above the defunct brand’s white-and-blue logo. Now, five years after Robinson folded and shuttered its operations there, the dairy has been sold. Unlike many centrally located commercial properties that have changed hands in Denver in recent years, however, there are no major changes planned for the property — or its sign — in the near future. Central Development this week announced it bought the dairy, which sits northwest of the Sixth Avenue-Interstate 25 junction, and neighboring office and warehouse buildings for $10.3 million.… Read More

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Focusing on trucks and SUVs, Ford to stop selling most cars in North America

If you live in the United States or Canada and have been eyeing a new Ford Fusion, get one while you can. The company announced Wednesday that by 2020, “almost 90 percent of the Ford portfolio in North America will be trucks, utilities, and commercial vehicles.” Hatchbacks and sedans don’t sell as well as those vehicles, and only two models will remain on the market: the Mustang and Focus Active, a new crossover-like hatchback that will debut next year. While the Taurus and Fiesta will soon be gone, Ford said it’s “exploring new ‘white space’ vehicle silhouettes that combine the best attributes of cars and utilities, such as higher ride… Read More

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Arizona provides more evidence that the Republicans are in trouble

IT WAS a “big win” tweeted Donald Trump on April 25th, as he congratulated the Republican winner of a special congressional election in Arizona’s eighth district. And yet, he complained: “Press is so silent”. Neither of these claims was true. The media has been pouring over the outcome of a race, in a staunchly conservative district on the edge of Phoenix, that would normally deliver a boringly predictable Republican win. That is because the Republican victory there was much narrower than usual. In the election to find a successor to Trent Franks, who resigned in December following allegations he had asked a female staffer to be the surrogate mother of… Read More

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