Truthout
Economy
Trump’s Mass Deportation Push May Cut Retirees’ Social Security by $2k Annually
The program’s insolvency date was already pushed up to 2032, partly as a result of mass deportations.
New Report Reveals Walmart’s Patents for Price-Gouging Tech
Walmart’s US CEO said customers’ order value jumps 40 percent when they use the company’s AI shopping assistant.
Water Bills Surged More Than Other Costs in US Homes Over a Decade
A new analysis finds the price of water increased faster than inflation, grocery prices, and median household income.
Cubans See Hope in Reforms But Worry Over How the US May Thwart Them
Residents of Havana discuss the obstacles facing the revival of the Cuban economy amid the US fuel blockade.
Kalshi Is Lobbying States to Fight Off Regulations for Prediction Markets
Prediction market companies say they offer regulated financial swaps. Many states argue they are gambling operations.
The Real Existential Risk Is AI Company CEOs, AI Researcher Timnit Gebru Says
Instead of being held liable through existing laws, AI companies are making “a ploy for regulatory capture.”
Top Trump Officer Posts Video of Him Partying in a Tuxedo, Spraying Champagne
A recent study found that the top 0.1 percent have gained 8,000 times more wealth than the average household since 2024.
Tech Giant Nvidia Announces the Largest Stock Buyback in US History
Nvidia is one of the chief beneficiaries of the AI data center boom that’s sparked widespread opposition across the US.
Trump’s “Mystery Meat” Deal Underscores the Danger of Unchecked Corporate Power
The meatpacking industry is more powerful now than when Upton Sinclair wrote The Jungle, says author Eric Schlosser.
A Lucrative Tax Break Is Fueling Pennsylvania’s Amazon Data Center Boom
Advocates and legislators on both sides of the aisle are pushing to repeal the subsidy altogether.