“The sprawling proposal,” warned the Sierra Club, “includes dozens of provisions that would benefit the oil and gas industry and other corporations, at the expense of American families.” Green groups on Friday decried U.S. House Republicans’ proposed text for the upcoming reconciliation bill, which the Natural Resources Defense Council said “contains an unprecedented slate of […]
New research from the Institute for Policy Studies shows that 100 major U.S. companies are prioritizing share repurchases and exorbitant CEO pay at the expense of their employees. An analysis published Thursday shows that the 100 leading U.S. corporations with the lowest median worker pay poured more than half a trillion dollars into stock buybacks […]
The finding from The Associated Press adds to the evidence of growing inequality—and helps explain worker dissatisfaction with the economy, as wages fail to rise alongside executive pay, an expert said. The median compensation of chief executives at major U.S.-listed firms increased by 12.6% to $16.3 million in 2023, far outpacing the growth in worker […]
“Emboldened by impunity, Mr. Trump and Big Oil are flaunting their indifference to U.S. citizens’ economic well-being for all to see, conferring on how to trade campaign cash for policy changes.” In the wake of Donald Trump attending a Big Oil-hosted fundraiser in Texas, two Democratic Senate chairs on Thursday initiated an investigation into the recent quid pro quo offer to fossil fuel […]