Truthout
Economy
Bank of America Continues to Prop Up the Fossil Fuel Industry
Bank of America is set to rake in tens of millions from the biggest fossil fuel industry merger in years.
Oil Companies Will Be Bad Investments Within Five Years, Survey Predicts
European fund managers are casting an increasingly skeptical eye toward the oil industry.
In US and UK, the Working and Middle Classes Are Under Attack
Capitalism's dysfunctionality for the mass of the people is coming to a head amid growing political turmoil.
Bank on the People Instead of Wall Street Parasites
The financialized economy has become a parasite feeding off the real economy, driving workers further into debt.
How Did Real Estate Become So Expensive in San Francisco?
In this episode, a mural tells the story of how real estate in San Francisco became so coveted.
What We Have Learned From the Trump Tax Cut
Those of us who thought the Trump tax cut was a pointless giveaway to the rich were right.
Global Inequality Is 25 Percent Higher Due to Climate Instability
Global temperature rise is an immediate driver of this inequality.
A New Socialist Movement Must Oppose Both Capitalism and Imperialism
Trump's “America First” policy is a classic divide-and-conquer strategy of capitalists and imperialists.
13 States Still Have Laws Meant to Limit Poor Families’ Sizes
Massachusetts just repealed its cap on aid for children born to welfare recipients, but such laws persist elsewhere.
Bankers Won’t Lend to Developers Who Would Lower Rents
Who lends money for housing developments, and what are they looking for in borrowers?