The pay of top CEOs from the 350 largest companies in the US has increased by 54.3 percent from 2009, to an average of $16.3 million per year – six times greater than that of the top 0.1 percent of wage earners, according to new study. According to the study by the progressive think tank Economic Policy Institute, $53,200 was the average annual salary of the worker in 2009 and it has remained stagnant... 

Peace is hanging in the balance in the South China Sea region, Michael Auslin noted, presenting three possible real-world scenarios under which Washington and Beijing may draw themselves into a direct conflict. Although Beijing has not set yet a formal air defense identification zone (ADIZ) over the South China Sea, it has obviously laid down a “redline” in the region, noted Michael Auslin,...