S&P 500   4,000.70 (+0.52%)
DOW   31,722.10 (+0.45%)
QQQ   299.77 (+0.27%)
AAPL   155.44 (-0.33%)
MSFT   258.48 (+0.15%)
META   160.70 (+0.19%)
GOOGL   109.00 (-0.41%)
AMZN   129.16 (-0.25%)
TSLA   286.76 (+1.08%)
NVDA   138.30 (+0.85%)
NIO   17.45 (-0.17%)
BABA   89.81 (-0.87%)
AMD   82.14 (+3.18%)
T   16.82 (-0.30%)
MU   54.89 (-0.20%)
CGC   3.42 (+0.29%)
F   15.23 (-1.30%)
GE   73.50 (-0.11%)
DIS   112.22 (-0.42%)
AMC   8.67 (+3.34%)
PYPL   95.54 (+0.60%)
PFE   46.64 (+1.11%)
NFLX   225.73 (-1.41%)
S&P 500   4,000.70 (+0.52%)
DOW   31,722.10 (+0.45%)
QQQ   299.77 (+0.27%)
AAPL   155.44 (-0.33%)
MSFT   258.48 (+0.15%)
META   160.70 (+0.19%)
GOOGL   109.00 (-0.41%)
AMZN   129.16 (-0.25%)
TSLA   286.76 (+1.08%)
NVDA   138.30 (+0.85%)
NIO   17.45 (-0.17%)
BABA   89.81 (-0.87%)
AMD   82.14 (+3.18%)
T   16.82 (-0.30%)
MU   54.89 (-0.20%)
CGC   3.42 (+0.29%)
F   15.23 (-1.30%)
GE   73.50 (-0.11%)
DIS   112.22 (-0.42%)
AMC   8.67 (+3.34%)
PYPL   95.54 (+0.60%)
PFE   46.64 (+1.11%)
NFLX   225.73 (-1.41%)
S&P 500   4,000.70 (+0.52%)
DOW   31,722.10 (+0.45%)
QQQ   299.77 (+0.27%)
AAPL   155.44 (-0.33%)
MSFT   258.48 (+0.15%)
META   160.70 (+0.19%)
GOOGL   109.00 (-0.41%)
AMZN   129.16 (-0.25%)
TSLA   286.76 (+1.08%)
NVDA   138.30 (+0.85%)
NIO   17.45 (-0.17%)
BABA   89.81 (-0.87%)
AMD   82.14 (+3.18%)
T   16.82 (-0.30%)
MU   54.89 (-0.20%)
CGC   3.42 (+0.29%)
F   15.23 (-1.30%)
GE   73.50 (-0.11%)
DIS   112.22 (-0.42%)
AMC   8.67 (+3.34%)
PYPL   95.54 (+0.60%)
PFE   46.64 (+1.11%)
NFLX   225.73 (-1.41%)
S&P 500   4,000.70 (+0.52%)
DOW   31,722.10 (+0.45%)
QQQ   299.77 (+0.27%)
AAPL   155.44 (-0.33%)
MSFT   258.48 (+0.15%)
META   160.70 (+0.19%)
GOOGL   109.00 (-0.41%)
AMZN   129.16 (-0.25%)
TSLA   286.76 (+1.08%)
NVDA   138.30 (+0.85%)
NIO   17.45 (-0.17%)
BABA   89.81 (-0.87%)
AMD   82.14 (+3.18%)
T   16.82 (-0.30%)
MU   54.89 (-0.20%)
CGC   3.42 (+0.29%)
F   15.23 (-1.30%)
GE   73.50 (-0.11%)
DIS   112.22 (-0.42%)
AMC   8.67 (+3.34%)
PYPL   95.54 (+0.60%)
PFE   46.64 (+1.11%)
NFLX   225.73 (-1.41%)

Judge OKs $9.25M settlement between Chicago schools, union

CHICAGO (AP) — A federal judge has approved a $9.25 million settlement by the Chicago Public Schools and the Chicago Teachers Union in two long-running lawsuits stemming from the layoffs of hundreds of Black educators at underperforming schools, officials said Wednesday.

Those eligible to receive payments under the settlement have until Friday to submit claims, attorneys for the teachers union said.

Eligible to receive payments are all Black persons employed as teachers or para-professionals in any school or attendance center subjected to a “turnaround” policy that targeted schools that had been put on probation due to substandard test scores and attendance from 2012 to 2014, attorneys said.

The settlement reached in December was approved Tuesday by U.S. District Judge Sara Ellis, attorneys said .

About $5.25 million of the settlement will be distributed among more than 414 current and former union members under the terms of the deal, a spokesman for the attorneys said. Attorneys sought about $3.6 million in fees and $400,000 in court costs.

“This has been a challenging but necessary court battle and part of the CTU’s determination to ensure all students and staff have the schools Chicago deserves. The named plaintiffs and other CTU members have shown great courage throughout this 10-year fight for justice,” Patrick Cowlin, a lead attorney for the teachers union, said in a news release.

A telephone message seeking comment was left for the Chicago Public Schools.

The federal lawsuits stemmed from several rounds of layoffs at 18 schools under the “turnaround” policy. The affected employees worked at schools on Chicago’s South or West sides and many were in Black communities. An disproportionate number of Black educators lost their jobs, and while the teachers were directed to apply for new jobs at CPS, not all were re-hired.

7 Blue-Chip Dividend Stocks That Won’t be Impacted by Rising Interest Rates

Stock markets move in cycles. Historically, bull markets last longer than bear markets, but both can last longer than investors expect. But inside bull markets and bear markets, there can still be volatile price changes in the opposite direction. And when the market does reverse direction, the biggest gains are made by investors that stay the course.

In a volatile market, one option for staying the course is to invest in quality blue-chip dividend stocks. Blue-chip stocks are companies that have a large market capitalization. That means there are companies in mature industries.

That maturity allows these companies to deliver consistent performance that is independent of whatever is happening with the country's monetary policy. When interest rates fall, these companies are poised for growth. And when interest rates rise, these companies have strong balance sheets that allow them to maintain pricing power and profits to provide stability.

All of this means that investors with lower risk tolerances can stay in the market without having to give up on growth. And in this special presentation, we're giving investors seven blue-chip names that investors can buy with confidence no matter what is happening with interest rates.

View the "7 Blue-Chip Dividend Stocks That Won’t be Impacted by Rising Interest Rates".

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