Three Top Stories Wall Street Is Watching This Week

The video discusses the income required to be in the top 1% of earners, highlighting a report that sets the threshold at $480,000. It then shifts to Barclays, the first major bank to disclose a significant gender pay gap in the UK, paying female investment bankers less than half of their male counterparts. The discussion also covers Warren Buffett's upcoming annual letter to shareholders, which may reveal succession plans and insights into his investment strategies.

What is the minimum adjusted gross income required to be in the top 1% of earners in the U.S.?

• $300,000

• $480,000

• $1.48 million

• $59 million

Which bank was the first to reveal a significant gender pay gap in the UK?

• Lloyds

• HSBC

• Barclays

• RBS

What is a major reason for the gender pay gap in investment banking according to the discussion?

• Lack of education

• Cultural and structural challenges

• Higher taxes

• Fewer job opportunities

What is a key factor that contributes to the gender pay gap in investment banking?

• Equal number of male and female bankers

• More women in higher-ranking positions

• More men in higher-ranking positions

• Equal pay for all roles

What is Warren Buffett expected to address in his upcoming letter to shareholders?

• His succession plan

• A merger with another company

• New investment strategies

• A new product launch

Who are the two top lieutenants expected to succeed Warren Buffett?

• Todd Combs and Jeff Bezos

• Ajit Jain and Gregg Abel

• Jamie Dimon and Jeff Bezos

• Charlie Munger and Bill Gates

What is the nature of the health care program associated with Warren Buffett?

• A for-profit venture

• A private insurance plan

• A government partnership

• A non-profit initiative