 The new move towards price cuts comes as the Bureau of Economic Analysis found that corporate profits soared 3.9% to a record $2.8 trillion in the fourth quarter of 2023 after a stunning 9.8% spike for all of 2022. While wages as a whole rose 4.4% last year, the most in over two decades, trends show CEO pay skyrocketing an average of 11.3%, with similar jumps for other high-ranking corporate officials. And that's what's poppin'. I'm Camps on iHeartRadio.