Truthout
Economy
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.
Sanders: 1 Percent Has Sapped $79T in Wealth From Bottom 90 Percent Since 1975
In 2023 alone, $3.9 trillion was sapped from the bottom 90 percent — enough to give every worker a $32,000 raise.
Trump Official Tells Americans to Buy Chickens to Deal With Egg Pricing Crisis
Egg prices have increased by nearly 25 percent since Trump took office.
Trump’s Tariffs on Canada, Mexico and China Will Cost the US $3,000 a Household
Trump is hiking taxes on the working class, and he is doing it in a way that doesn’t require congressional approval.
Trump Administration Moves to Gut Anti-Money Laundering Law
The announcement was panned by economists and other critics, who called the move an on-ramp for corruption.
Private Equity Firms Tighten Stranglehold on US, Angling for Boons Under Trump
Private equity has fingers in our homes, hospitals and jobs. Resisting it is crucial to our fight for a just society.
Trump’s CFPB Drops Cases Against Companies Accused of Cheating Consumers
The companies are accused of ripping off savings account holders, illegally collecting on student loans, and more.
Wealth of the World’s Billionaires Surged by $10 Billion Per Day in January
An economist warns that the breakneck speed of extreme wealth growth is putting more power into the hands of a tiny few.
Retailers Ration Eggs as Prices Jump 18 Percent Since Trump Inauguration
Trump promised on the campaign trail that consumer prices will “come down fast” but has since reneged on that pledge.
IRS Said He Led the “Worst of the Worst” Tax Scams. Now He’s a Trump Adviser.
A proponent of a tax deduction decried as “abusive” is now advising the agency that manages US government property.