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.
Cust2Mate is a leading innovator in retail technology, aiming to revolutionize the shopping experience. By implementing smart cart technology, the tech company addresses the issue of theft while enhancing the shopper's journey.
The Biden administration has unveiled a plan, Plan B, to address the student loan debt crisis. It offers to cancel up to $20,000 in interest for borrowers enrolled in income-driven repayment plans. This proposal aims to reset balances for those facing growing debt due to unpaid interest, benefiting low—and middle-income borrowers. An estimated 25 million borrowers are eligible for some form of interest forgiveness.
As we head into the second quarter, there’s an argument in favor of buying Boeing stock. Why? As one expert says, ‘there’s nowhere else to get planes.’
With inflation and prices still on the rise, it might be worth considering a carpool app. One of them, Singapore-based Ryde, just went public in the U.S.
Full Glass Wine Co., the company behind Bright Cellars, Wine Insiders, and Winc, knows you fell in love with home delivery during the pandemic – and it’s investing millions into making it even better.
It might sound counterintuitive, but the Fed cutting interest rates three times this year could cause inflation to spike and actually be worse for markets and the economy as a whole.
