Sunday, November 24, 2024

Tag: wage inequality

Executive excess: How taxpayers subsidize giant corporate pay gaps

More than two-thirds of the top federal contractors and corporate subsidy recipients paid their CEO more than 100 times their median worker pay in 2017.

Taxpayers are subsidizing corporations that pay CEOs hundreds of times more...

Author says the findings should fuel the movement to "use the power of the public purse to crack down on corporations that refuse to share the wealth."

Why do corporate boards so overpay US CEOs?

Corporate boards simply play by market rules. If they don’t, they risk losing their executive talent.

Why wages are going nowhere

The combination of high corporate profits and growing corporate political power has created a vicious cycle.

Disneyland Resort becomes one of the highest minimum wages in country...

The minimum wage increase comes after four labor unions representing employees pressured Disneyland Resort for months.

Sanders hosts ‘CEOs vs. Workers’ town hall to take on ‘extravagant’...

Join Bernie Sanders, along with workers from Amazon, Disney, McDonald’s, American Airlines and Walmart, for a town hall tonight at 7 p.m.

National (in)security

In the United States of inequality.

As global 1% seize economy’s gains, ‘unprecedented wage stagnation’ for everyone...

"With workers worldwide being left behind, we need to build an economy that works for everyone, not just the few at the top."

Can anything bring CEO pay back down to Earth?

If we want to reverse soaring income inequality, curbing CEO pay has to be on the agenda.

POPULAR

Sierra Club sounds alarm, nominee Lee Zeldin ‘unqualified’ to head EPA

“The best-case scenario is that the EPA will lose four years in the fight for the planet. The worst-case scenario should send a shudder down your spine.”

143 million Americans may be exposed to toxic ‘forever chemicals’ in drinking water

Millions of Americans face exposure to toxic PFAS chemicals in drinking water, with new EPA data revealing the extent of contamination and fears of regulatory rollbacks under a Trump administration.

House passes bill granting Treasury power to shut down nonprofits without evidence, sparking free...

Legislation dubbed the “nonprofit killer” faces backlash over potential threats to free speech and civil liberties.

David Huitema confirmed as ethics Czar amid fears of Trump’s return and conflict of...

As Trump’s second term looms, the Senate confirmed David Huitema to lead the Office of Government Ethics. Advocates praise the move, but critics warn of a tough road ahead for government accountability.

Musk and Ramaswamy’s DOGE: Mass firings, deregulation, and the erosion of federal protections

Critics argue that these plans will erode social safety nets, undermine public services, and disproportionately benefit corporate interests.