Truthout
Economy
Wells Fargo Wants to Privatize USPS. We Should Dismantle the Mega Bank Instead.
Why would a mega bank with one of the worst reputations in a scandal-ridden industry take over a popular institution?
Trump Dismisses Rising Costs Worries, Wrongly Claims Consumers Don’t Pay Tariffs
Trump claimed that companies were only saying costs will go up in order to “negotiate deals” with him.
Trump and Musk Are Trying to Dismantle Social Security From the Inside
Elon Musk’s DOGE is inflicting crashes, hang-ups and hours-long waits on Social Security recipients, eroding trust.
What Does Trump’s Economic Chaos Mean for the Global Financial System?
Progressive economist Gerald Epstein says global capitalists may no longer see the US as a “safe haven” under Trump.
Trump Blames Biden After Report Shows Economy Shrank in First 3 Months of 2025
Trump frequently takes credit for positive economic news but shifts blame when the economy sours.
Sanctions Don’t Weaken US Adversaries — But They Do Enrich Oligarchs
Trump officials admit that sanctions don’t accomplish stated US foreign policy goals, but they’re still using them.
Politically Connected Firms Benefit From Trump Tariff Exemptions
A lack of transparency has experts concerned that some firms might be winning narrow carve-outs behind closed doors.
Even for Those With the Money to Pay for Essentials, Cash Is Drying Up in Gaza
After 18 months under siege, cash is a scarce commodity in Gaza as many have trouble accessing funds in their accounts.
“No Tariffs on Sharing”: Tool Libraries Offer Resilience Amid Federal Chaos
As Trump imposes tariffs, tool libraries can serve as a sustainable alternative to consuming more products.
Trump Scraps Effort Begun Under Biden to Close Loophole Abused by Ultra-Rich
The regulations could’ve raised $50 billion over a decade by stopping corporate tax dodging through asset manipulation.