Wall Streeters are still getting rich: The average bonus paid to securities industry employees in 2017 came to $184,220, up 17 percent from the year before, according to an estimate by the New York State Comptroller. Bonuses were fueled by a surge in profits....
Top executives at the nation’s 20 biggest banks were awarded nearly $800 million in stock-based performance pay between 2010 and 2015. And taxpayers helped foot the bill for these bonuses even as many of the financial institutions racked up massive fines...
There may be no more startling inequality gap than that between the CEO office and the average worker. The 100 largest CEO retirement funds are valued at a combined $4.9 billion, or the entire retirement account savings of 41 percent of American families, according to...
… Large American companies have stockpiled $2.1 trillion in untaxed profits in offshore tax havens, with 26 corporations alone accounting for more than half of those profits, according to a new study from the Center for Effective Government and the left-leaning...
Obamacare is known for overhauling how millions of how Americans buy health insurance, but it is also quietly having an effect on another key aspect of health care costs: executive pay. That’s because the law includes a little-known rule that puts a $500,000 cap...
