Erica Hill | BIO
If you’re not a working woman, you don’t need to look far to find one. Women now account for half of the U.S. workforce, and they are increasingly a major economic force within their families, as more women take on the role of “breadwinner.” Despite their solid place in the workforce alongside men – and most families’ need for women to work - it is impossible to ignore the wage gap. Women make 77 cents for every dollar a man brings home. Seventy-seven cents. It is a sobering figure, and a telling one.
Fortune illustrates the chasm in simple numbers from some of the nation’s top earners. The magazine put together lists of the 25 highest-paid women and the 25 best-paid men. Below are the salaries of the top three on each list – I’ll let you guess which salaries belong to the female execs, and which belong to the males.
1. $42.4 million
2. $23.9 million
3. $20.3 million
1. $112.5 million
2. $104.5 million
3. $84.5 million
Interesting the difference in those numbers, no? There are other factors that need to be taken into account if one is to compare salaries, among them experience, health of the company and the industry, but still, you can’t ignore the paychecks.
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Editor's Note: Watch Suze Orman on AC360° tonight at 10pm ET.
Special to AC360°
Look, there’s no denying that Wall Street is quite the boy’s club. But that doesn’t mean you can’t carve out an amazing career; it just means that women might need to fall back on their great intelligence rather than their golf game or frat connections.
You want to talk about not fitting in? I was 29 years old with a resume that simply read “waitress” when I interviewed for a job in a broker-training program. The guy who interviewed me openly shared with me his belief that women should be barefoot and pregnant. That was 1980! But I managed to get the position, and well, you sort of know the rest.
If I was able to find my way, so too can you.
I actually think it may be easier for women after the financial crisis. It’s clear the days of easy-money are long gone. Individuals and businesses are more attuned to making every penny work hard for them and are going to insist that anyone with a stake in their financial lives deliver the goods. That means more emphasis on talent, and less emphasis on chumminess.
At least 19 more children have died of swine flu in the U.S. That's the biggest one-week jump. Dr. Sanjay Gupta joins us with the latest on the battle against the virus. Plus, your economy and the mixed signals. Is the economy rebounding or not? We've got the raw politics.
Want to know what else we're covering? Read EVENING BUZZ
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[cnn-photo-caption image=http://i2.cdn.turner.com/cnn/2009/images/10/30/nate.h1n1.jpg caption="Micheal Wordell brought his 7 year-old sono, Nate, to Children's Hospital Boston when Nate's 104-degree fever would not break."]
CNN Medical Producer
Nate Wordell, 7, just feels lousy: swollen eyes, cough, high fever, stomach ache and he's dehydrated. Nate has H1N1.
After toughing it out for three days at home, Nate's parents brought him to the emergency room at Children's Hospital Boston, Massachusetts. "The hardest thing for us was that we couldn't stay ahead of the medication or get him to keep any water down," says Nate's father, Michael Wordell of Auburndale, Massachusetts.
Hospitals from coast to coast are bracing for the influx of patients, just like Nate. Children's Hospital Boston has seen a 40 percent increase in patients this week alone.
"This could get pretty bad," says Dr. Anne Stack, clinical chief of emergency medicine at Children's Hospital Boston. "So we are trying to do as much as we can to prepare. But no one knows when it will end."
Editor's Note: Documents leaked from the House of Representatives Ethics committee, one of the most secretive and closely guarded in Congress, has forced the panel to publicly acknowledge at least eight active investigations into ethics breaches from current members of the House of Representatives. Read their response here.
[cnn-photo-caption image=http://i.cdn.turner.com/cnn/2009/WORLD/asiapcf/10/30/afghanistan.election/story.karzai.gi.jpg caption= "Afghan President Hamid Karzai has agreed to a runoff election for his seat next week, but it may not happen."]
Democracy is rough going in Afghanistan. Talks between Afghan president Hamid Karzai and his election opponent, Abdullah Abdullah, have broken down, a source close to the Afghan leadership told CNN's Christiane Amanpour. The source also said Abdullah is likely to announce this weekend that he will boycott the runoff presidential election on November 7.
The runoff came about after arm-twisting from the U.S. following charges from Abdullah and other that there was massive fraud in the original August 20 vote. At first, results gave Karzai the win, but a review by the U.N.-backed panel of election monitors threw out nearly one-third of Karzai's votes because of "clear and convincing evidence of fraud."
If the runoff is called off, how will it impact Pres. Obama's efforts in the country? We'll have the raw politics tonight.
We're also tracking swine flu across America. The numbers released today from the CDC are not encouraging. The virus caused at lease 19 more children's death. That's the largest one-week increase since the outbreak in April.
The virus is also more widespread than ever before, with 48 states now reporting flu activity. South Carolina and Hawaii are the only states left off the list.
Dr. Sanjay Gupta will join us live with a look at how hospitals are battling the virus and give you the facts to keep you and your children safe.
And my favorite story we're covering tonight is tied to some video we found online at Break.com. Don't miss a basketball shot to remember that happened with help from a baseball bat.
UPDATE: I don't think the basketball video will make it tonight. We're tight on time. CLICK HERE to see it for yourself.
Join us for these stories and much more starting at 10 p.m. ET. See you then!
Editor's Note: While health care reform proposals are still being reconciled on the Senate floor, House of Representatives Speaker Nancy Pelosi unveiled the House plan Thursday at a rally on Capitol Hill in Washington D.C. Read the full contents of the proposed bill.
The battle over health care reform reached another milestone Thursday as top House Democrats unveiled sweeping legislation that includes a highly controversial public health insurance option.
The nearly 2,000 page bill - a combination of three different versions passed by House committees - would cost $894 billion over 10 years and extend insurance coverage to 36 million uncovered Americans, according to House Speaker Nancy Pelosi.
It guarantees that 96 percent of Americans have coverage, Pelosi said. The figure is based on an analysis by the nonpartisan Congressional Budget Office.
Among other things, the bill would subsidize insurance for poorer Americans and create health insurance exchanges to make it easier for small groups and individuals to purchase coverage. It would also cap annual out-of-pocket expenses and prevent insurance companies from denying coverage for pre-existing conditions.
Editor’s Note: Watch Randi Kaye’s full report tonight on Anderson Cooper 360 at 10pm ET.
Randi Kaye| BIO
Is it a classic case of “he said, she said,” or is it a brutal case of racism? Whatever it is, it may land a Missouri woman, a preacher’s daughter who has never been in trouble with the law before, in jail.
It all apparently started at a Walmart store in Kennett, Missouri where according to police, customer Heather Ellis had cut in line to pay for her items. What followed is at the heart of a court case that may send Heather Ellis to jail for as many as 15 years!
Let me first say Ms. Ellis has pleaded not guilty. But here’s how police tell it: officers say they were called to the store after Ellis caused a “disturbance” at the cash register by “yelling and cursing.” Officers say when they tried to get her to leave the store, she turned and yelled at them, “I ain’t going nowhere until I get my (expletive) change back” but that even after she got her change, she continued to be “belligerent.” The lead officer says they tried to get her to remain calm and leave in a peaceful manner and told her they’d arrest her if she refused. That is when the lead officer says Ellis “issued a threat to assault” and said if the officer put their hands on her “she was going to beat my (expletive).” Well, it turned ugly according to police, who say she became “combative and began fighting.” The officers say Ellis “continued to fight, yell and curse” and was “completely out of control.” They say she “resisted arrest” and “stiffened her body” when they tried to put her in the police car. Read the full police report here.
[cnn-photo-caption image=http://i2.cdn.turner.com/cnn/2009/images/10/07/art.rangel.gi.jpg caption="New York congressman Charlie Rangel is one of the most prominent names being investigated by the House Ethics committee."]
Editor's Note: Documents leaked from the House of Representatives Ethics committee, one of the most secretive and closely guarded in Congress, has forced the panel to publicly acknowledge at least eight active investigations into ethics breaches from current members of the House of Representatives. One of the most prominent names on that list has been Representative Charlie Rangel, Democrat from New York and chairman of the Ways and Means Committee.
CNN Political Ticker
Congressional Republicans intensified their calls for powerful House Ways and Means Chairman Charlie Rangel of New York to resign his post heading the committee, at least temporarily.
Rep. John Carter, R-Texas, introduced a motion that would have forced Rangel to step down during an ongoing ethics investigation into his finances and activities.
House Democrats responded by voting to shut off debate and instead send the resolution to the House Ethics Committee, where the matter has sat for a year. The move to effectively kill the resolution by sending it to the committee passed on a mostly party-line 246-153 vote.
The vote has no significant effect but shows Republicans are turning up the heat on Rangel and hoping to score political points by highlighting the ethics probe.
[cnn-photo-caption image=http://i2.cdn.turner.com/cnn/2009/images/10/30/art.chruches.gi.jpg caption="The U.S. Conference of Catholic Bishops is starting a campaign against abortion funding in national health care legislation."]
CNN Political Producer
Calling Democratic health care bills "seriously deficient on the issues of abortion and conscience," the U.S. Conference of Catholic Bishops is urging priests around the country to speak out against the legislation from the pulpit this Sunday.
The conference – the leadership body of the Catholic Church in the United States – is distributing a flier to churches to insert in their weekly newsletters urging parishioners to contact their senators and representatives to ask them "to fix these bills with the pro-life amendments."
"The bills will have to change or the bishops have pledged to oppose them," the flier reads. "Our nation is at a crossroads."