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 […]
Anchorage – During the last week of the legislative session, the Alaska legislature passed Senate Bill 147, which now encompasses provisions from House Bill 239, Senate Bill 170, Senate Bill 183, and Senate Bill 206. This comprehensive bill aims to significantly enhance the support and resources available to injured workers, streamline administrative processes, and ensure timely […]
“Escalating CEO pay in recent decades has likely pulled up the pay of other top earners,” notes a new Economic Policy Institute report. “This concentration of earnings at the top leaves fewer gains for ordinary workers.” A new analysis by the Economic Policy Institute shows that top U.S. CEOs saw their total compensation rise by 1,209% between 1978 and […]
U.S. District Court Judge Beryl Howell ripped Rudy Giuliani for “donning a cloak of victimization” after making defamatory statements against Ruby Freeman and Shaye Moss. A federal judge on Wednesday ruled that Rudy Giuliani, former President Donald Trump’s erstwhile personal attorney, is legally liable for defaming Ruby Freeman and Shaye Moss, Georgia election workers who […]