Tag: Month

Bernie Sanders, AOC take shots at DeVos in her final month as Education Secretary

<p>Education Secretary Betsy DeVos calls free public college proposals “socialist takeover of higher education”</p> (AP Photo/Jacquelyn Martin)

Education Secretary Betsy DeVos calls free public college proposals “socialist takeover of higher education”

(AP Photo/Jacquelyn Martin)

Progressives Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez have lashed out at Secretary of Education Betsy DeVos after she criticised calls for higher education to be made a public good.

On Tuesday, Ms DeVos called progressive proposals for higher education to be freely available and proposals from the Biden administration to forgive student debt “a socialist takeover of higher education.”

She made the comments during a Federal Student Aid offices virtual conference.

“We’ve heard shrill calls to cancel, to forgive, to make it

Read more

Why TAL Education Stock Fell 12.6% Last Month

What happened

Shares of TAL Education Group (NYSE:TAL) slipped 12.6% in October, according to data from S&P Global Market Intelligence. The stock fell after the company reported second-quarter earnings late in the month and then moved lower amid a sell-off for the broader market. 

^SPX Chart

^SPX data by YCharts

TAL published third-quarter results on Oct. 22, delivering top- and bottom-line results that fell short of the market’s expectations. The company posted non-GAAP (adjusted) earnings per share on revenue of $1.1 billion, while the average analyst target had called for per-share earnings of $0.11 on sales of $1.12 billion. 


Image source: Getty

Read more

Budget Approved, Homeowners Tax Bill Up Less Than $20 A Month

EAST HAVEN, CT —The East Haven Town Council approved a budget that largely reflects the budget that Mayor Joseph A. Carfora presented during his May 6 State of the Town/Budget address.

Carfora said it represents a mill rate of 34.25, which means a less than $20 per month tax increase for the average homeowner. This year’s budget reflects a strong commitment to East Haven’s first responders – it contains additional positions in the Town’s police and fire departments, which have not had a staffing increases since the 1980s. In this budget, the town provides the Board of Education approximately $2,600,000

Read more