April 22, 2014 |
African American high school students and boys in low- to middle-income families reported short, fragmented sleep, and that could play a role in their health risks, researchers reported Monday. Anyone who's ever lived with a teenager knows they often don't get the eight to nine hours of sleep the Centers for Disease Control and Prevention recommends. Researchers writing in the journal of the American Academy of Pediatrics looked at one group of young people - those in a lower socioeconomic community.
CALIFORNIA | LOCAL
April 21, 2014 |
Sichen Hernandez-Martinez is the type of undergraduate who is increasingly in demand at four-year colleges: She had been a community college honors student, a member of campus government and was active in school clubs. After three years at Chaffey College in Rancho Cucamonga, she was admitted to USC, UC Riverside and Cal State San Bernardino. She accepted a scholarship to Pomona College, a selective, private school in Claremont, which she entered as a junior this year. The Pomona admissions committee was as impressed with her academics as it was with her community involvement.
CALIFORNIA | LOCAL
April 19, 2014 |
The walls of Alice Herman's home are covered in photographs. Herman and Sylvia Purdue, her partner of 45 years, smile in scenes from birthdays and hospital rooms. In black-and-white photos from their younger days, their hair is teased, their makeup flawless. After Purdue died a few years ago, Herman was left with two cats and enough money for two months' rent. Years of Purdue's hospital bills had chipped away their savings. Because Purdue died before the Supreme Court struck down a key part of the federal Defense of Marriage Act last summer, Herman could not receive Purdue's Social Security benefits.
April 15, 2014 |
The average American would have to fork over an extra $1,259 in state and federal income taxes this year to make up for the revenue lost because of offshore tax havens used by corporations and wealthy individuals, according to a new report. U.S. companies will use offshore tax havens to avoid paying an estimated $110 billion in taxes this year, according to the analysis by the U.S. Public Interest Research Group. Wealthy people will circumvent about $74 billion in taxes. The report underscores the controversial issue of major companies using elaborate maneuvers to sidestep taxes, often by stowing income in overseas subsidiaries set up primarily for tax purposes.
April 11, 2014 |
WASHINGTON-- President Obama and First Lady Michelle Obama watched their income fall and their federal tax rate go up in 2013, according to IRS returns released Friday by the White House. In a joint filing, the couple reported an adjusted gross income of $481,098, down $127,500 from 2012. The Obamas have seen a steady drop in income during their White House years, largely a result of slowing book sales for the couple. Both have published best-sellers. The Obamas paid $98,169 in federal taxes, down from $112,214 in 2012.
April 6, 2014 |
WASHINGTON - When you're raking in tens of billions of dollars in profits by helping credit-elite borrowers buy homes, couldn't you lighten up on fees a little for everyday folks who'd also like to buy? That's a question increasingly being posed to government-controlled home mortgage giants Fannie Mae and Freddie Mac and their federal regulators. Though most buyers are unaware of the practice, Fannie and Freddie - by far the largest sources of mortgage money in the country - continue to charge punitive, recession-era fees that can add thousands of dollars to consumers' financing costs.