Truthout
Economy
Trump’s Trade War Is Desperate Ploy as US Empire Declines, Says Richard Wolff
Trump’s global tariff plan will have grave economic effects on US consumers and lead to a recession, the economist says.
Biden’s Rural Broadband Program May Become Casualty of Trump’s Anti-DEI Campaign
Funds for the program could be diverted to Elon Musk's satellite internet company, Starlink.
Investors From China Are Secretly Buying Stakes in Elon Musk’s SpaceX
The military contractor allows such investment through secrecy hubs like the Cayman Islands, court records say.
Puerto Rico Protests Against Higher Ed Cuts Follow Long Fight Against Austerity
The university showdown is the latest chapter in a decades-long struggle against austerity on the archipelago.
Trump and DOGE’s Attacks on CFPB Will Help Financial Industry Prey on Consumers
The Consumer Financial Protection Bureau is meant to protect us from predatory finance. That’s why Trump wants it gone.
Trump’s Economic Agenda Could Push the Housing Crisis Over the Edge
Organizers say desperate tenants are being pushed to the brink of revolt as Trump slashes assistance.
As DOGE Mauls Social Security, Profit-Hungry Private Equity Is Swooping In
Three private equity veterans are weaseling their way in, reportedly on the orders of the presumptive SSA commissioner.
DOGE’s Cuts to HUD Will Make It Harder to Afford Housing, Exit Homelessness
Department of Housing and Urban Development funds have been disrupted, sometimes through means that are likely illegal.
Musk Lawsuit Seeks to Gut Safeguards Against Executive Conflicts of Interest
A Delaware bill would shield corporate executives from liability while awarding Elon Musk $56 billion.
Government Assistance for Affordable Housing Is Enriching Private Equity Firms
Critics say Trump’s pick for top housing regulator has private equity interests that are at odds with reform efforts.