- Cnbc | Work + Money | Mon, Oct 22, 2012 11:09 AM EDT | Comments
By Holly Ellyat, CNBC.com
The gap in the amount women and men save for retirement in the U.K. has reached a record high, according to the latest Women and Pensions report from investment firm Scottish Widows.
The gender gap in savings has increased 10 percent in the last year according to the report, equating to a gap of almost 30,000 pounds ($48,100) between men and women's retirement savings.
"In terms of savings put aside for retirement, women are now saving an average of 776 pounds per year less than men for use in old age - significantly higher than the 700 pound gender gap recorded last year," the report states.
The survey of 5,200 adults revealed that the number of women saving nothing at all for retirement has also increased since last year, with 26 percent of women failing to put anything aside for old age compared to 19 percent of men.
Lynn Graves, Head of Business Development, Corporate Pensions at Scottish Widows said that women's lives were more fragmented and th...Read More »
- Cnbc | Work + Money | Wed, Oct 17, 2012 12:50 PM EDT | Comments
By Cadie Thompson, CNBC.com
Americans were searching for some insight as to just what Mitt Romney meant when he said he went through "binders full of women," during the second presidential debate.
According to Google, the phrase "binders full of women" was one of the top rising searches during Tuesday night's debate.
The Republican's "binder" comment was in reference to a question about equal pay for men and women. He was explaining that while he was assembling his Cabinet as governor of Massachusetts, he went through "whole binders full of women" who were qualified for government positions. Ultimately, he said, Massachusetts had more women in senior leadership than any other state.
While Romney's comment was well intentioned, it has become somewhat of an Internet sensation for all the wrong reasons.
Tumblr and Facebook pages have been created and named after the comment, and the hashtag 'bindersfullofwomen' was a top trend in the U.S. on Twitter.
Barack Obama's Twitter ac...Read More »
- Lylah M. Alphonse, Senior Editor, Yahoo! Shine | Work + Money | Thu, Oct 18, 2012 6:21 PM EDT | CommentsReaching out to women voters in the wake of the "Binders full of Women" controversy, the Romney campaign held a last-minute teleconference town hall Wednesday night, during which Ann Romney and her son, Craig, took questions from supporters and talked about their reactions to the second presidential debate.
Ann Romney with her husband after the second presidential debate this week. (Photo by Shannon Stapleton-Pool/Getty …
Related: Ann Romney reaches out to women online
Addressing listeners in both English and Spanish, Craig Romney said that he thought his father did "a really good job" during Tuesday night's debate, but added that "President Obama was a little better prepared this time around."
"I loved the contrast when it came to balancing the budget," he said from Oregon. "The difference is my dad could talk about what he's done, where President Obama could simply attack my dad's plan and couldn't talk about his own record. That's what seems to be his campaign's strategy -- not to talk about his achievements, but to denigrate my father."
Speaking from New York, Ann Romney focused on the positiv...Read More »
- Lylah M. Alphonse, Senior Editor, Yahoo! Shine | Work + Money | Wed, Oct 17, 2012 4:10 PM EDT | CommentsWomen's issues took center stage at the second presidential debate Tuesday night -- and not just in terms of reproductive rights -- when undecided voter Katherine Fenton stepped forward with a question about women and equal pay.
Republican Presidential candidate Mitt Romney debates with President Barack Obama at Hofstra University on Tuesday, …
Where the 2012 Presidential Candidates Stand on Women's Issues
"In what new ways do you intend to rectify the inequalities in the workplace," she asked both candidates, "specifically regarding females making only 72 percent of what their male counterparts earn?"
President Barack Obama answered first, recounting his childhood (raised by a single mom, grandmother hit the glass ceiling working at a local bank) and reminding viewers that the first bill he signed as president was the Lilly Ledbetter Fair Pay Act.
Related: Highlights from the 2nd Presidential Debate
"And that's an example of the kind of advocacy that we need because women are increasingly the breadwinners in the family," he told the crowd. "This is not just a women's issue. This is a famil...Read More »
- Daily Shot | Daily Shot | Tue, Oct 16, 2012 3:50 PM EDT | Comments
A high school graduate, Abigail Fisher, is suing the University of Texas after being rejected from the school on the grounds that she was passed up because she's a white woman. Ali and John discuss whether affirmative action really works in today's world. Is it possible to differentiate from a clean affirmative-action decision and what's simply preference within the admissions process?
Do you think affirmative action's become outdated? Tell us in the comments!
More can't-miss moments: Ali talks Felix Baumgartner, the skydiver who free falls from 24 miles up in space; Duke, an adopted shelter dog who saved a baby's life by waking up her parents in the middle of the night after she stopped breathing; and Pizza Hut, who reneged on their deal offering free pizza for life to anyone who'd ask Romney and Obama whether they prefer sausage or pepperoni pizza during the presidential debate tonight.
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