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America Needs a Raise

stocks
The Dow Jones Industrial Average has been floating at or above the 17,000 mark in the past two months – an all time high. There has been a stumble here and a wrinkle there, but even with a weak unemployment report for August, the Dow has remained over 17,000. This compares with a Dow of 13,000 just a year ago (or a 30 percent gain), and is generally seen as a sign of economic progress and of increased wealth.
 
Who gets the wealth, though? Fifty-two percent of US adults own stock which includes mutual funds, Individual Retirement Accounts, and 401-k accounts down from 65 percent in 2007. The drop in the level of stock holdings can be at least partly attributed to the Great Recession, when high levels of unemployment forced people to go into their savings to survive. Maybe, too, dissolved stock holdings to help them with housing crises and underwater mortgages. For those reasons, and for many others, stock ownership is falling.

Haiti seeks teacher permits amid education reform

Haiti
PORT-AU-PRINCE, Haiti (AP) — Haitian children lined up in immaculate uniforms for a new school year on Monday, as the country's government promised to make sure they get a better chance to learn.
 
The Caribbean nation's education department is starting to require all teachers to pass a test and become certified if they want to remain in the classroom, one of several efforts to improve education in a country with dire rates of illiteracy and drop outs.

End of the ball: ‘Cinderella’ to close on Broadway January 2015

Cinderella
After a two-year run, Rodgers and Hammerstein’s Cinderella on Broadway will come to a close in January 2015.
 
The show’s last performance will be on January 3 and by that time will have had a total of 41 previews and 770 regular performances.
 
Over the two years, the show has earned nine Tony Award nominations in different categories yet has only taken home one for best costume.

Atlanta Hawks owner Bruce Levenson to sell after racist email surfaces

Hawks
Atlanta Hawks’ controlling owner Bruce Levenson announced Sunday he will be selling his stake after he self-reported a racist email he sent in 2012.
 
Levenson reported the racist email to the NBA in July, and following the completion of the Donald Sterling investigation, the NBA opened an investigation into Levenson.

For Those Still Saying ‘Don’t Judge’ Ray Rice: Get Your Head Checked

Ray Rice
Earlier this year, just after Baltimore Ravens running back Ray Rice and his fiancée were arrested and charged with domestic assault over Valentine’s Day weekend, his lawyer described the incident as “a very minor physical altercation.”
 
TMZ quickly debunked that claim, releasing exclusive footage of Rice dragging his unconscious girlfriend out of a casino elevator. The rumor was that Rice had delivered the knockout blow and somewhere there was footage from inside the elevator.