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July 2018 Archives

Study finds that bail judges show racial bias

A study published recently in the Quarterly Journal of Economics suggests that the average bail set for black defendants in New York and around the country is more than $7,000 higher than for white defendants. The research team from Princeton University and Harvard Law School also suggests that white as well as black bail judges treat black defendants unfairly and make decisions based on racial stereotypes that exaggerate the dangers of releasing them prior to trial.

Women often face financial surprises during divorce

Almost half of all divorcing women in New York and around the country face unexpected financial issues during the process, according to a study by Worthy. To avoid such situations, many experts suggest that women investigate their financial situation before heading to court.

Few workers who experience age discrimination file complaints

New York readers know that age discrimination is against the law. However, most older workers who experience job-related age discrimination choose not to file a complaint according to a new report issued by the U.S. Equal Employment Opportunity Commission.

CVSA to inspect CMV brakes during September

From September 16 to 22, the Commercial Vehicle Safety Alliance will have certified enforcement personnel standing by in New York and across the U.S. for its annual Brake Safety Week. These workers will stop large trucks and other commercial motor vehicles at random and inspect for both driver- and vehicle-related safety violations. The majority will be Level I inspections, the most comprehensive there are.

Retirement readiness affected by divorce

New Yorkers preparing for divorce can expect to see cascading financial effects over their lifetimes, indicated a study by the Center for Retirement Research at Boston College. While many people choosing to end their marriages fully expect an array of short-term financial, emotional and practical repercussions, the effects can linger over the years, especially when people who have been divorced don't make changes to their financial planning as a result. In particular, this study examined people's readiness for retirement, looking at how divorce impacted people's ability to maintain their standard of living after leaving their jobs.

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