Stacey Vanek Smith
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(Note: A version of this episode originally ran in 2016.) It’s no secret that CEOs get paid a ton – and a ton more than the average worker. More than a hundred times than what their average employee makes. But it wasn’t always this way. So, how did this gap get so vast? And why? On today’s episode … we go back to a specific moment when the way CEOs were paid got changed. It involves Bill Clinton's campaign promises, and Silicon Valley workers taking to the streets to protest an accounting rule. And of course, Dodd Frank. Subscribe to Planet Money+ Listen free: Apple Podcasts, Spotify, the NPR app or anywhere you get podcasts. Facebook / Instagram / TikTok / Our weekly Newsletter. This episode was hosted by Jacob Goldstein and Stacey Vanek Smith, and was originally produced by Nick Fountain. This update was reported and produced by Willa Rubin and edited by Alex Goldmark.
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The goal is to save money, cut back on overconsumption and be more mindful of wasteful and unsustainable shopping habits. This guide can help you start a challenge of your own.
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America's only cobalt mine opened last year to great fanfare, as the mineral is crucial for green energy. But it surprisingly closed just months later.
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Grocery stores are trying to curb thefts of a hot commodity this summer: ice cream! One solution is something called the pint lock, which makes it almost impossible to open the ice cream container.
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Grocery stores are trying to curb thefts of a hot commodity this summer: ice cream!
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Taylor Swift is coming to town as Argentinians deal with some of the highest inflation on the planet.
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Economic data show higher prices and constant warnings of a downturn haven't slowed down American shoppers. The Fed is anxious. Companies are thrilled.
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Recession? What recession? The Fed is still cautious, but big brands — Kimberly-Clark, Hilton, Visa, Chipotle, Coca-Cola — are singing praises to shoppers who seem un-swayed by their higher prices.
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New fees are being tacked onto hotel bills, airfare, restaurant checks and pretty much everywhere else. It's another form of inflation and it's costing consumers $65 billion a year.
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After taking a pause last month, the Fed got back to raising interest rates. Many are now saying a "soft-landing" is within our sights