Guess the new $400,000-per-year job that doesn’t require a college degree?

Walmart store managers. They act as midlevel executives because they oversee stores with roughly 350 workers and ~$100 million in annual revenue, including a rapidly growing e-commerce business.

Their annual base salary is around $128,000, but stock grants (up to $20,000) and bonuses (up to 200%) have pushed total compensation to new heights.

Noted Walmart’s CEO, who started as an hourly worker 30 years ago: “We are asking them to act like owners and to think like owners.”

— Matthew & Shawn

Here’s today’s rundown:

Today, we'll discuss the three biggest stories in markets:

All this, and more, in just 5 minutes to read.