E! News anchor Catt Sadler quit after finding out her male co-host made almost twice her salary for doing the same job. After trying to negotiate with NBC, she claims she was denied equal pay. Jennifer Cunningham, Senior Editor at Bossip, joins Cheddar to discuss the growing problem of the gender pay gap.
E! News released a statement saying, "E! compensates employees fairly and appropriately based on their roles, regardless of gender. We appreciate Catt Sadler's many contributions at E! News and wish her all the best following her decision to leave the network." Many actresses in Hollywood have stood with Sadler and expressed their admiration for her taking a stand.
Cunningham says this gender pay gap issue isn't just in Hollywood and urges women to talk to their superiors. She says it's not about what management thinks a woman deserves, it's about the work she does being reflective of the money she makes to do it.
Ahead of the release of October's consumer inflation data Tuesday, you may notice changes from the Bureau of Labor Statistics. When it comes to how it estimates health insurance costs, the move is expected to give a boost to the U.S. inflation measure which will reverse a trend that has provided some relief.
A handful of retailers will report earnings this week, including Home Depot, Target, Walmart and Macy's, as gas prices peaked in September to the end of this latest quarter while borrowing costs remain at their highest levels in decades.
