Before they voted to give themselves a 5% annual pay increase, some Fresno Unified School District trustees asked whether they could make that pay raise retroactive to 2002 — two years before any of the board members were even elected. The board's lawyer said they could, although they were sure...
Central Unified Superintendent Gets 5% Pay Hike
Central Unified Superintendent Andrew Alvarado's annual salary is climbing to $210,120 after the school board voted 6-1 Tuesday to approve employment agreements for Alvarado and the district's assistant superintendents. Alvarado and the assistant superintendents will receive the same raises approved earlier this year for district teachers and other staff —...
Fed Raises Interest Rates. What Will It Do in 2019?
WASHINGTON — The Federal Reserve has raised its key interest rate for the fourth time this year to reflect the U.S. economy's continued strength but signaling that it expects to slow hikes next year. The quarter-point hike, to a range of 2.25 percent to 2.5 percent, lifted the Fed's benchmark...