Huffington Magazine Issue 67 | Page 8

Enter 2 FROM TOP: ANDREW HARRER/BLOOMBERG VIA GETTY IMAGES; AP PHOTO/BRENNAN LINSLEY 3 4 POINTERS HUFFINGTON 09.22.13 SUMMERS’ END Former U.S. Secretary Larry Summers withdrew his name from consideration for the post of Federal Reserve chairman on Sunday. “I have reluctantly concluded that any possible confirmation process for me would be acrimonious and would not serve the interest of the Federal Reserve, the Administration or, ultimately, the interests of the nation’s ongoing economic recovery,” Summers wrote. The withdrawal comes after many Democrats said they would vote against him, and led to increased speculation that Federal Reserve Vice Chair Janet Yellen will be nominated for the post. FOR WOMEN, THE SAME OLD STORY THE SEARCH CONTINUES IN COLORADO New data from the U.S. Census Bureau revealed that women still earned only 77 cents for every dollar men made last year. The gap has remained about this wide since 2007. American women earned a median income of $37,791 in 2012, while men earned a median income of $49,398. “Unfortunately for women and their families, it’s the same old story — another year of no improvement,” said Linda D. Hallman, executive director and CEO of the American Association of University Women. House Democrats are joining forces with progressive advocacy groups to try to improve women’s economic security. Officials say it could take years — and hundreds of millions of dollars — for Colorado to recover from a week of flooding and raging rains. At least six people have died, and the number is expected to increase. The number of missing has decreased from 1,200 to about a few hundred. Authorities have now slowed down emergency operations and begun the recovery phase.