Money
National Archives Document for Today, October 17th: Verdict in United States of America v. Alphonse Capone, October 17, 1931
In June 1930, after an exhaustive investigation by the federal government, notorious Chicago gangster Al Capone was indicted for income tax evasion. During a highly publicized trial, the prosecution documented Capone's lavish spending and proof that Capone was aware of his obligation to pay federal income tax but failed to do so. After nearly 9 hours of deliberation, the jurors found Capone guilty of three felonies and two misdemeanors. Capone was sentenced to serve 11 years in prison and to pay $80,000 in fines and court costs. more »
Still Learning: Lessons From a Lifetime in the Classroom — September Song
Julia Sneden wrote: I discovered the rewards of watching my own offspring learn. I was not, I hasten to add, home schooling them. I was just being their mother. But parents are a child's first teachers, and they're probably the most important ones. By the time my youngest son was ready for school, I decided to be paid for what I'd learned to love: the process of teaching and watching little children learn. I never looked back, and taught for 25 years, and loved it. more »
Don't Overlook Pharmacy, Software Developing, Civil Engineering; Jobs With the Largest Gender Pay Gaps are in Finance, Sales
Several health professions, such as physicians and surgeons, nurse anesthetists, and dentists, are among the highest-paying occupations for women. Pharmacists boast one of the lowest pay gaps between men and women. Full-time, year-round female pharmacists earned 97 cents for every dollar male pharmacists earned. Other professions, including finance and sales, show the largest wage gap between men and women. more »
Economic Research from the St. Louis Fed Reserve Bank: What Are Teachers Really Paid? Adjusting Wages for Regional Differences in Cost of Living
Strikes by teachers in West Virginia, Oklahoma, Kentucky, Arizona, and Colorado have highlighted differences in teachers' wages across the country. Teachers in these states have lower-than-average annual wages but also lower-than-average cost of living (COL)... Real wages are lower in high-amenity places because the amenities are part of the workers' compensation. This helps to explain why places such as Hawaii, Florida, Arizona, North Carolina, and Colorado, which are all high-sunshine states, tend to have lower real wages for most occupations, including teachers. more »