Matt Lauer may be out at the Today show, but his salary*still looms large. Despite being named his permanent replacement, Hoda Kotb won't match her predecessor's record-setting paystubs. Sources tell Page Six Kotb will make seven million dollars a year - around 18 million less than Lauer. A show insider says Hoda isn't complaining. She landed the big job she always dreamed of, and Matt's salary reflected the 25 years he'd been at the show.
There's one country where the Today show's pay gap may be considered illegal. Iceland became the first country to enact a law making it illegal to pay men more than women. The law went info effect on January 1, and requires businesses to obtain an official certification on the new policies. One key reason the law passed is that almost half of Iceland's members of parliament are women. It's all part of the island nation's plan to erase the pay gap by 2022.
Beyonce is back at Coachella. After cancelling on the festival last year due to her pregnancy, Queen Bey will headline the festival this spring. She'll be joined by The Weeknd, Eminem, with other big acts including cardi b, haim, sizza, and post and mroe. Fans will descend on the desert over two weekends this April. It's one of the biggest music events of the year, and last year's festival grossed over $114 million dollars per weekend.
WSJ reporter Ray Smith breaks down why more companies are offering ‘dry’ promotions – a responsibility or title bump with no pay raise – and the pros and cons of accepting them.
Apple says a Justice Department antitrust lawsuit accusing it of engineering an illegal monopoly in smartphones in the U.S. is “wrong on the facts and the law.”
As Reddit shares begin trading at the NYSE, ‘Einstein of Wall Street’ Peter Tuchman breaks down the social platform’s debut and what it means for the overall IPO market in 2024.
CEO and co-founder of Alix, Alexandra Mysoor, discusses why it’s so important for everyone, regardless of income, to both plan and settle their estates.
After the Fed forecast three cuts to come in 2024, Kevin D. Mahn, President and CIO at Hennion & Walsh Asset Management breaks down why the market looks strong, and he sees some reasons for concern in Reddit’s choice to IPO.
Federal Reserve officials signaled that they still expect to cut their key interest rate three times in 2024 despite signs that inflation was surprisingly high at the start of the year.
