Among the 7.2 million people who paid support to a member of another household in 1997, the median amount of such financial assistance was $2,940 a year, according to a new report from the Commerce Department's Census Bureau.
The Supreme Court issued a decision Monday in United States v. Fior d'Italia, Inc., concluding an ongoing feud with the IRS over the taxation of tip income. The Court's decision ends 10 years of litigation and presents the landmark San Francisco restaurant Fior d'Italia with $23,000 in back taxes owed to the IRS.
For the first time, the U.S. Labor Department has posted financial reports from the country's major unions on the Internet, and they reveal that union leadership is well paid.
Wages and benefits rose by 0.8 percent in the first three months of 2002, amounting to the smallest first-quarter growth for the Employment Cost Index in three years, according to the Labor Department.
The New York Times took a look at executive compensation in 2001, with this question in mind: Did those who had tied their pay to the bottom line end up with leaner paychecks, in a year when profits suffered their worst annual decline in decades?
The Hartford Courant reports that Anthem Inc. and Oxford Health Plans Inc. rewarded top executives with major pay increases last year for company performance and corporate change.
Median pay for CEOs decreased to $1.3 million in 2000, down 32 percent from $1.9 million in the prior year, according to a new study from consultant Watson Wyatt.
