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.
Frances Stacy, Optimal Capital Director of Strategy, breaks down why the latest data indicates the economy may be struggling more than expected, plus some sectors she’s watching.
The Federal Trade Commission is suing to block a proposed merger between the two grocery stores. The FTC says the $24.6 billion deal would eliminate competition and lead to higher prices for millions of Americans.
Terecircuits CEO Wayne Rickard explains some of the other companies set to benefit from the Nvidia-led chipmaking rally, including manufacturing and toolmaking companies.
Axios reporter Erin Doherty breaks down the results from the South Carolina primary as former President Trump gets closer to winning the GOP nomination.
Jay Woods of Freedom Capital Markets shares thoughts on how the latest inflation report will impact the market, and why he expects a ‘cascade’ of IPOs if Reddit’s public debut goes well.
During AT&T's widespread outage Thursday, landline phones were a working alternative — which most of the U.S. does not have. Over half of Americans are estimated to have ditched landlines altogether.
