Mae Anderson and Paul Harloff | Associated PressNew York — The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 10% in 2024 as the stock market enjoyed another banner year and corporate profits rose sharply.Many companies have heeded calls from shareholders to tie CEO compensation more closely to performance. As a result, a large proportion of pay packages consist of stock awards, which the CEO often can’t cash in for years, if at all, unless the company meets certain targets, typically a higher...
DOGE caucus looks to codify Trump's order to reduce federal workforceDOGE caucus members announced legislation to codify President Donald Trump's executive order to reduce the federal workforce.The Department of Government Efficiency (DOGE) has terminated 13 federal real estate contracts in Mississippi.DOGE claims to be saving taxpayers $3.6 million on the terminated contracts in Mississippi, but previous claims of savings have been inflated.The Department of Government Efficiency has reportedly terminated 13 federal real estate contracts in Mississippi,, including some federal offices according to the department's savings list.Last week, the DOGE Wall...