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The typical compensation package for S&P 500 chief executives surged nearly 13% last year to a median of $16.3 million, significantly outpacing the 4.1% rise in private-sector worker wages, highlighting the widening pay gap amid rising inflation and financial pressure on American households.
The typical compensation package for S&P 500 chief executives surged nearly 13% last year to a median of $16.3 million, significantly outpacing the 4.1% rise in private-sector worker wages, highlighting the widening pay gap amid rising inflation and financial pressure on American households.
CEOs are raking in fat pay packages as the US stock market booms.
New Age Alpha Advisors LLC acquired a new position in Broadcom Inc. (NASDAQ:AVGO – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 1,000 shares of the semiconductor manufacturer’s stock, valued at approximately $1,116,000. Broadcom accounts for about 0.8% of […]
Dow Jones futures await key economic data. Elon Musk reportedly diverted Nvidia AI chips from Tesla to X and xAI.