Truthout
Economy
Despite Red Wave, Election Brought Some Victories for Economic Equality
Illinois and Washington both saw victories for progressive tax policy, and three red states passed paid sick leave.
The 10 Richest People’s Wealth Increased by $64 Billion the Day After Trump Win
Trump mega-donor Elon Musk saw the largest gains, receiving $26.5 billion the day after the election.
As Trump and Harris Tout Their Economic Records, What Do the Numbers Say?
Wealth inequality cannot be attributed to either a Biden or Trump presidency -- it is an endemic problem in the US.
It’s Up to Us to Demand a Jubilee to Wipe the Debts of the Masses
A jubilee won’t simply be handed to debtors — we’ll have to fight for it. And it can be done.
Corporate Price Gouging Amid Hurricanes Prompts Calls for Federal Action
Airlines, hotels, and other companies have taken advantage of the crises brought by Hurricanes Helene and Milton.
Kansas City Tenants Launch National Rent Strike to Demand Federal Rent Cap
Striking renters are protesting dismal living conditions and demanding protection from abusive corporate landlords.
Customers of Top Auto Lender Have Been Devastated by Hidden Costs
Exeter, which specializes in subprime lending, makes more money on loans that default than on ones paid on time.
US Could Fully Fund Social Security by Targeting Wealthy Tax Dodgers, Wyden Says
“The ultra-wealthy are avoiding nearly $2 trillion in taxes every 10 years,” Sen. Ron Wyden said during a hearing.
Project 2025 and GOP Agenda Would Increase Poverty and Wealth Gap, Experts Say
A new report finds GOP policies would exacerbate hardship in order to give tax breaks to the wealthy and corporations.
Federal Judge Blocks Student Debt Relief Rule That Hasn’t Even Been Finalized
The judge granted a motion by a coalition of right-wing state attorneys general to preempt the rule's implementation.