
The 100 Largest Low-Wage Employers Have Spent $341 Billion on Stock Buybacks Since 2020
A new report reveals how stock buybacks have inflated CEO paychecks and widened pay gaps at the 100 largest low-wage corporations.
A new report reveals how stock buybacks have inflated CEO paychecks and widened pay gaps at the 100 largest low-wage corporations.
Their bipartisan plan is a step forward, but regulators already have the power to crack down on Wall Street’s reckless bonus culture.
Since 2008, the average Wall Street bonus has climbed by more than 75 percent, compared to just a 54 percent increase in average earnings of all private sector workers and a 42 percent rise in manufacturing wages. If the minimum wage had increased as much as Wall Street bonuses since 1985, it would be worth $42.37 today.
When it’s a choice between averting catastrophe and making money, Wall Street will always choose making money.
To end the tax games rich people play, we need more oomph than isolated officials can deliver.
Administration proposal would restrict insider trades, and impose a tax on stock buybacks that largely benefit the fat cats.
If the minimum wage had increased as much as Wall Street bonuses since 1985, it would be worth $61.75 today.
JPMorgan Chase CEO Jamie Dimon is urging shareholders to vote against a proposed review of the impact of bank policies and practices on racial inequality.
The 2020 bonus pool for 182,100 securities industry employees could pay for more than 1 million jobs at a $15 minimum wage for a year.
While working families are suffering under the pandemic, corporate boards have bent the rules to protect massive CEO paychecks.
The nation’s woefully inadequate response to the pandemic is jeopardizing millions of retirement futures.
Billionaire wealth has grown astoundingly over the last few decades — and, for some “pandemic profiteers,” even more dramatically since the COVID-19 crisis.
Online platforms like Zoom and Skype have become basic, public necessities as our lives are upended by the coronavirus. Should they be nationalized?
Protesters around the world are singling out the bad actors like Blackrock, Cargill, ADM, and others for profiting off deforestation.
If the minimum wage had kept up with Wall Street bonuses, it would be worth $33 today, instead of just $7.25.