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The panel found "systematic differences in equality panel economic outcomes" remained between social groups, and said many would find the "sheer scale of inequalities" in outcomes "shocking".
Inequality in earnings and income is high in Britain compared with other industrialised countries, the report states.
A central theme of the report is the profound, lifelong negative impact that being born poor, and into a disadvantaged social class, has on a child. These inequalities accumulate over the life cycle, the report concludes. Social class has a big impact on children's school readiness at the age of three, but continues to...
"The evidence we have looked at shows the long arm of people's origins in shaping their life chances, stretching through life stages, literally from cradle to grave. Differences in wealth in particular are associated with opportunities such as the ability to buy houses in the catchment areas of the best schools or to a...
It echoes other recent research suggesting that social mobility has stagnated, and concludes that "people's occupational and economic destinations in early adulthood depend to an important degree on their origins". Achieving the "equality of opportunity" that all political parties aspire to is very hard when there are ...
Researchers analysed the total wealth accrued by households over a lifetime. The top 10%, led by higher professionals, had amassed wealth of £2.2m, including property and pension assets, by the time they drew close to retirement (aged 55-64), while the bottom 10% of households, led by routine manual workers, had amasse...
Harman acknowledged in the report that the "persistent inequality of social class" was a large factor in perpetuating disadvantage, adding that the government would begin to address this with the new legal duty placed on public bodies to address socio-economic inequality, included in the equality bill.
The report follows research published by Save the Children which revealed that 13% of the UK's children were now living in severe poverty, and that efforts to reduce child poverty had been stalling even before the recession began in 2008.
The Hills report also found that: • Divisions between social groups are no longer as significant as the inequalities between individuals from the same social group; inequality growth of the last 40 years is mostly attributable to gaps within groups rather than between them.
• White British pupils with GCSE results around or below the national median are less likely to go on to higher education than those from minority ethnic groups. Pakistani, Black African and Black Caribbean boys have results at the age of 16 well below the median in England.
• Compared with a white British Christian man with similar qualifications, age and occupation, Pakistani and Bangladeshi Muslim men and Black African Christian men have an income that is 13-21% lower. Nearly half of Bangladeshi and Pakistani households are in poverty.
• Girls have better educational outcomes than boys at school and are more likely to enter higher education and achieve good degrees, but women's median hourly pay is 21% less than men's.
The significance of where you live is another theme. The panel says the government is a "very long way" from fulfilling its vision, set out in 2001, that "within 10 to 20 years no one should be seriously disadvantaged by where they live". The paper notes "profound and startling differences" between areas. Median hourly...
A Cold Spring man will spend at least eight years in federal prison after carjacking a semi tractor-trailer last year, officials said.
Christopher D. Pinguely, 35, held up a truck driver on Sept. 3 with an AR-15 style rifle in Henry County, according to court documents.
Threatening to shoot the driver, Pinguely took the truck and made it to Gallatin County before Kentucky State Police and the Gallatin County Sheriff's Office located the vehicle.
U.S. District Court Judge Gregory F. VanTatenhove sentenced Pinguely to 10 years in prison. He must serve 85 percent of his sentence before he's eligible for release.
Pinguely will be supervised for five years after he is released.
Daryl Hannah talks the talk of a fervent environmentalist, but she has also been practicing what she preaches for years. The popular '80s actress lives in a solar-powered home, drives a biodiesel car, maintains a vegan diet and produces a video blog, called DHLoveLife, that features practical sustainability tips. Hanna...
What a beautiful home! Upgrades throughout. Granite counter tops, high end cabinets, and appliances. Huge Master Bedroom With Sitting area. The enclosed and tiled sun room is included in the square footage. Huge lot with room for a pool. Landscaping ready for refreshing. Fully fenced and includes RV parking.
In the Know - KUAM.com-KUAM News: On Air. Online. On Demand.
Produced for American Heart Association - CPR, Especially if Performed Immediately, Can Double or Triple a Cardiac Arrest Victim's Chance of Survival.
Produced for AARP - Emily Arnold McCully, Author of She Did It! 21 Women Who Changed the Way We Think Discusses Ways to Empower Young Women.
Produced for AARP - Fraud Prevention Expert Shares Results From a New AARP Survey That Reveals Who is Most Susceptible to Online Romance Fraud.
The United States faces a retirement savings crisis.
For the past forty-nine years, AARP Foundation Tax-Aide has offered free tax preparation assistance to millions of Americans in need.
Produced for AARP Foundation - While we assist taxpayers of all ages. Our target population are those who are over age fifty. We are proud to say that it really is free to the taxpayers. Our volunteers are there ready to assist them.
First, you'll need an RSS reader -- a tool that automatically retrieves RSS content and allows you to manage retrieved content via a website or on a desktop folder. You can download a reader from one of the links below.
To play and organize your downloaded digital video and audio files in a format that will be compatible with your media-playing device, you'll need a media player application.
High school football coach Tandy Geralds (Nicholas Bishop) delivers a rousing motivational speech to his players, trying to get them to channel their anger into victory in our exclusive clip from Woodlawn, arriving in theaters October 16. This drama centers on a gifted high school football player who must learn to bold...
Woodlawn is set in 1973, where a spiritual awakening captures the hearts of the Woodlawn High School Football team. Lead by their coach, Tandy Geralds, and fueled by the team's dedication to love and unity in a school filled with racism and hate, the team makes an astounding run at the playoffs, leading to the largest ...
Tony Nathan (newcomer Caleb Castille) lands in a powder keg of anger and violence when he joins fellow African-American students at Woodlawn High School after its government-mandated desegregation in 1973. The Woodlawn Colonels football team is a microcosm of the problems at the school and in the city, which erupts in ...
It's only when Hank (Sean Astin), an outsider who has been radically affected by the message of hope and love he experienced at a Christian revival meeting, convinces Coach Gerelds to let him speak to the team that something truly remarkable begins to happen. More than 40 players, nearly the entire team, black and whit...
The supporting cast of Woodlawn includes Jon Voight, who plays legendary University of Alabama head coach Paul "Bear" Bryant, C. Thomas Howell, Virginia Williams, Brando Eaton, Sherri Shepherd, Nicholas Bishop and Rhoda Griffis. Directed by Andrew Erwin and Jon Erwin, Woodlawn will go up against Sony's Goosebumps, Univ...
Buybacks and corporate consolidation have been hallmarks of the semiconductor space in recent years. That may not be the case in 2019 if Jerome Powell's Federal Reserve continues to pursue an aggressive rate hiking strategy.
The market has priced in an 80% chance that Powell will raise rates in December, setting the stage for a tightening environment that will hamper levered acquisitions and large scale buybacks that have become commonplace in the sector.
That could mean more pain for investors in companies like Friday's losers Nvidia (NVDA) and Advanced Micro Devices (AMD) .
The semiconductor space has seen hundreds of billions of dollars poured into M&A agreements in recent years.
In fact, in 2015 and 2016, the total value of the agreements leapt to $107.3 and $99.8 billion respectively as interest rates remained at record lows.
Even failed mergers, like the proposed $44 billion combination of Qualcomm (QCOM) and NXP Semiconductors (NXPI) , showed the bullishness on consolidation in the space amid the cheap borrowing rates and strong economy.
If that shifts further as Federal Reserve action moves towards tightening and the market enters some corrections, the activity is likely to slow.
"I doubt you'll see a lot of heavily levered buyouts," Bernstein analyst Stacy Rasgon told Real Money, summing up the situation.
Essentially, if rates continue to climb, only the cash rich companies will be in the market to acquire.
Buybacks have also been big for the sector, particularly for companies that could not get in on the M&A action they desired.
This was bolstered both by tax policy changes that allowed many companies to ramp up buybacks and make large pension contributions.
Quill Intelligence CEO Danielle DiMartino Booth said in an interview with Real Money that buybacks have been a serious buoy to the economy in 2018 and yanking that rug could be problematic.
"The Fed in a double-tightening mode, raising interest rates and shrinking its balance sheet assets, just as other major central banks begin a shift to tighter monetary policies - or at least less accommodative policies," she explained in a recent blog post. "That's removing liquidity from the global financial system."
DiMartino Booth said that liquidity is what will bring down buyback programs that are reliant on high cash reserves.
"It all kind of makes you stop and wonder exactly where U.S. stocks would be absent 2018's forecasted $1 trillion in share buybacks," she pondered.
It would appear investors will have to ponder the same headed into 2019.
CARBONDALE — Charlie “Chico” Vaughn, SIU’s all-time leading scorer, died early Friday morning at the age of 73 from cancer.
Vaughn had been in hospice care the last month or two, former SIU Sports Information Director Fred Huff said. Funeral arrangements are incomplete.
Vaughn scored 2,088 points between 1959-62 for the Salukis without the benefit of a 3-point shot. Dr. Harold Bardo, an associate professor at SIU who played with Vaughn between 1958-61, said the 6-foot-2, 190-pound guard really didn’t need it.
Vaughn is one of only two Salukis in history to score 2,000 points or more, along with Kent Williams (1999-2003). Williams scored 2,012 points in 130 games. Vaughn set the record in 85 contests and averaged a record 24.6 points per game.
Vaughn also set the Illinois High School Association career scoring record in 1958 with 3,358 points at Tamms High School. It is still the all-time record for boys basketball, but three former girls players have eclipsed it: Brittany Johnson (Olney East Richland), who scored 4,031 points between 2003-07, Mount Carmel’s...
No Tamms High School game was over until Vaughn said it was, Huff said.
Vaughn went on to play five seasons in the NBA and three in the ABA. He was drafted in the fourth round of the 1962 draft by the St. Louis Hawks, who he played five of his six seasons in the NBA with. Vaughn later played three years for the Pittsburgh/Minneapolis Pipers, helping the 1968 Pittsburgh squad win the first ...
Vaughn returned to SIU in the 1990s and earned his degree. He worked for the Meridian School District in Mounds as an aide for years.
Death Note has hit Netflix and its star Lakeith Stanfield, thinking ahead to the rest of his career, decided he'd like to play The Joker. While the Harley and Joker spinoff has a set cast with Jared Leto returning to reprise his Suicide Squad role with Margot Robbie, the picture with Scorsese remains uncast. It's promi...
The Joker movie is being directed by Todd Phillips (The Hangover) and co-written by 8 Mile's Scott Silver. They'll be backed by none other than Martin Scorsese himself, though the famous Oscar winner's role in the film is reportedly fluid. The origin story will feature a 1980s setting, taking it back to the era of Mich...
On Twitter, Stanfield asked Scorsese for the role of the Joker. For his part, the actor has the talent to perform the role. His work in Death Note to capture the quirks, mannerisms, and attitude of the popular anime character was very well done. In an adaptation that has faced criticism and fan scorn, he stands out as ...
The notion of altering the Joker's character might come as a shock to many. Comic book fans can be set in their ways and not open to trying new things or allowing new actors to have a shot at iconic roles. Plus there's previous film precedent for the Joker in multiple films and comic books as a white male. Casting Stan...
Which makes it the perfect move to give Scorsese's Joker origin film a much needed shot in the arm. Stanfield has proven that he has a lot of talent as a character actor. The Joker's origin story has been re-written and re-told so many times that he himself has said in comic books, "If I'm going to have a past I prefer...
NEW YORK (AP) — Longtime New York politician and power broker Guy V. Molinari has died at the age of 89.
His son-in-law, former Congressman Bill Paxon, says Molinari died of pneumonia on Wednesday in a Manhattan hospital.
The Staten Island Republican served as a state assemblyman, five-term congressman and borough president.
The New York Times says Molinari’s widespread influence included alliances with Presidents Ronald Reagan, George Bush and George W. Bush.
His father, S. Robert Molinari, was an assemblyman in the 1940s.
Susan Molinari succeeded her father in Congress from 1990 to 1997.
There’s even a Staten Island Ferry named the Guy V. Molinari.
The family of the only man convicted for the bombing of a transatlantic jet over the Scottish town of Lockerbie is campaigning to overturn his guilty verdict on the 30th anniversary of the worst terrorist atrocity in the UK.
All 259 people on US-bound Pan Am Flight 103 were killed, along with 11 people on the ground on December 21, 1988, when a bomb exploded in the aircraft’s hold in a state-sponsored attack blamed on the Libyan regime of Muammar Qaddafi.
Abdul Baset Al Megrahi, a Libyan intelligence officer, was the only man found guilty of the attack after a trial in the Netherlands. Convicted in 2001, he was released on compassionate grounds after serving eight years of a 27-year sentence having been diagnosed with prostate cancer. He died in 2012.
Al Megrahi’s family, backed by some victims’ relatives, renewed their case to quash the conviction last year. Al Megrahi abandoned a second appeal to allow him to travel home and receive a hero’s welcome in his native Libya.
Scottish judicial officials said in May that they would look at the case again after accepting Al Megrahi believed that he would be allowed to return to Libya if he dropped his appeal.
He was found to have put luggage on to a flight from Malta that was reloaded on to the Pan Am flight in London. The bomb exploded less than 40 minutes into the flight.
Aamer Anwar, the Glasgow lawyer representing Al Megrahi’s family, said that the appeal would be based on six grounds.
They included doubts over a witness – a Maltese shop keeper who died two years ago – who identified Al Megrahi as the bomber, and scientific evidence related to a fragment of a bomb timer found among the wreckage.
A Scottish commission that investigates miscarriages of justice will determine if a new appeal should be allowed.
Mr Anwar released a photograph on Thursday of himself with Dr Jim Swire, the father of Flora, one of the victims. Dr Swire claimed that Al Megrahi’s conviction was a miscarriage of justice.
“A reversal of the verdict would of course mean that the governments of the United States and the United Kingdom stand exposed as having lived a monumental lie for 30 years by imprisoning a man they knew to be innocent," said Mr Anwar in a statement.
Scottish prosecutors in 2015 identified two other suspects in the Lockerbie bombing, including Abdullah Al Senussi, a former intelligence chief, who is in jail in Libya after being sentenced to death in 2015.
US and Scottish officials hope to interview Mr Al Senussi and the alleged bomb maker Abu Agila Masud, The Times newspaper reported this week.
It followed close co-operation between the UK and Libyan governments to extradite Hashem Abedi, the brother of suicide bomber Salman who killed 22 people at a Manchester pop concert in May last year.
Qaddafi accepted responsibility for the Lockerbie attack in 2003 and paid compensation to the families. His regime also handed over Al Megrahi and another man, who was later acquitted, for trial.
The campaign to clear Al Megrahi’s name has split families of the victims, who will gather for a series of events on Friday to mark the deaths of their loved ones.
Memorial events will be held on both sides of the Atlantic, including in Lockerbie and at Heathrow airport from where the plane departed, as well as at the Arlington National Cemetery in Virginia.
A US group of families, Victims of Pan Am Flight 103, opposed the moves to free Al Megrahi who they called a “murderous, wicked little man”. Nearly two thirds of the victims killed in the bombing were US citizens.
Kara Weipz, who lost her brother in the attack and is now president of the Victims of Flight 103, said: “With the approach of every anniversary, there is a deep sadness that absorbs you.
Three men found alive and two dead after five days trapped in collapsed Gaza tunnel.
Al Jazeera's Ayman Mohyeldin, reporting from Rafah, said: "They were not able to find them [the trapped men] on the Palestinian side ... they notified the Egyptians ... to immediately begin rescue efforts on their side of the border.
"We were told they were recovered unconscious ... they were immediately rushed to hospital in Egypt. Their fate is still unknown although officials have confirmed they are indeed alive."
Witnesses said the men had been able to communicate with rescuers for the first few days and were fed milk and water through a pipe that had been pushed through the sand.
Palestinians had been allowed to cross into the Egyptian side on Saturday to try to help with the rescue process.
Follow Al Jazeera's Ayman Mohyeldin as he tweets from Rafah.
Israel says the tunnels are used for smuggling weapons into Gaza and has frequently attacked them with bombs.
But Palestinians say the network of tunnels are a lifeline for them. They are used to smuggle in essential supplies, in short supply in the territory because of a blockade imposed by the Israelis.
"There are about 1000 tunnels that run under the route that we are standing at," our correspondent said.
"It is very soft terrain, very susceptible to collapse when vehicles pass over it and when Israel carries out air strikes as they have been doing almost daily since the end of the war [Israel’s 22-day offensive in Gaza].
Mohyeldin said the tunnels are operating "just to meet the demands of 1.5 million people who are denied access to basic food supplies and other essential items.

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