San Jose Mayor Discusses California Pension Costs

Aug. 1 (Bloomberg) – San Jose Mayor Chuck Reed talks with Bloomberg’s Alison Vekshin about the state’s pension costs. Bloomberg News compiled data from the California Public Employees’ Retirement System for more than a dozen cities facing the financial strains of rising pension costs and declining revenue. The data show how local governments struggle to support six-figure lifetime benefits for some retirees even as they cut police and fire services for current city residents. (Source: Bloomberg)
Kleiner Decision on Pao Not Gender Based
27:30 - Brad Stone and Janine Yancey discuss the verdict of the Kleiner-Pao case. They speak with Pimm Fox on "Taking Stock." (Source: Bloomberg)
  • Kleiner Not Guilty of Retaliation
  • Yellen Sees Gradual Rate Increases Starting This Year
  • Kleiner Decision Not Gender Based