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.
Union workers at Mack Trucks went on strike Monday after voting down a tentative five-year contract agreement that negotiators had reached with the company.
Claudia Goldin, a Harvard University professor, was awarded the Nobel economics prize on Monday for research that helps explain why women around the world are less likely than men to work and to earn less money when they do.
The Week's Top Stories is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street. This week we focus on MGM Resorts, Clorox, United Airlines, Google and HP.
