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.
Wealthy individuals and industry leaders are driving soaring sports team valuations, fueled by private equity and growing interest in leagues like the WNBA.
The incoming Fed decision will likely be good news for consumers with high-yield saving options, but bad news for borrowers (like anyone with high credit debt).
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Inflation is still high, and economic activity is starting to slow down. But before you start to panic about stagflation, wait to see this week’s jobs report.
With buildings responsible for over 40% of emissions worldwide, the CEO of Kelvin breaks down how its technology can be used to retrofit traditional radiators.