The bottom line
The gender pay gap; U.S. economic growth; Parents who argue about money; Online subscriptions rise
The gender pay gap
Just one year out of college, women make only 82 percent of what their male peers are paid, according to a new study. It found that the gender pay gap, typically attributed to mothers leaving the workforce or men choosing higher-paid fields, exists even among young employees who had the same majors and were unlikely to have children yet.
The Washington Post
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U.S. economic growth
The U.S. economy grew 2 percent over the past three months, its fastest pace all year, thanks to strong gains in housing and consumer spending. But the annualized growth rate this year is just 1.7 percent, below last year’s tepid 1.8 percent and 2010’s 2.4 percent.
Associated Press
Parents who argue about money
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College students who say their parents argued about money when they were growing up are twice as likely to have more than two credit cards as those whose parents didn’t—and three times as likely to have a large amount of debt.
Time.com
Rajat Gupta's sentence
Former Goldman Sachs director Rajat Gupta was sentenced to two years in prison last week for leaking insider secrets to former hedge fund manager Raj Rajaratnam. Gupta is the most prominent executive yet to face prison time in the government’s crackdown on insider trading.
The Wall Street Journal
Online subscriptions rise
Online readers helped U.S. newspapers avoid a steep decline in circulation this year. Average daily circulation at the country’s 613 dailies fell 0.2 percent for the six months ending in September from a year earlier, but digital readers accounted for 15.3 percent of the total, up from 9.8 percent last year.
The New York Times
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