Truthout
Economy
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.
Neoliberal Policies Associated With Reaganomics Actually Started With Carter
Historian David N. Gibbs, author of “The Revolt of the Rich,” says we mustn’t whitewash President Carter’s record.
Lowest Paying Corporations Have Spent Half Trillion on Stock Buybacks Since 2019
Between 2019 and 2023, the 100 companies in the S&P 500 with the lowest median wages spent $522 billion on buybacks.
From Weapons to Fossil Fuels — 10 Firms Control $50 Trillion of Global Wealth
A new book, “Titans of Capital,” shows how the 0.05 percent concentrate wealth by investing in industries of mass death.
Kenya Protests Against IMF-Backed Reforms Reflect Severity of Global Debt Crisis
Sustainably addressing the present crisis will require a fundamental reform of the global financial architecture.
Interest Rate Cuts Now Could Help Workers. But That’s Not Who the Fed Serves.
Progressive economist Gerald Epstein says the Fed is more sensitive to the needs of the wealthy few than the rest of us.