Truthout
Economy
SEC’s Approval of Bitcoin Markets May Set the Stage for Financial Disaster
Irresponsible banking and deregulation are putting the world economy at risk.
Employers Can Now Match Student Loan Repayments as Retirement Contributions
Experts say the policy can be a “game changer” for Black women, who have the highest student loan debt on average.
Study: Half of Renters Paid Unaffordable Rates in 2022, a Record High
Since 2001, median rents have risen by 21 percent — while renters’ incomes have only increased by 2 percent.
More Than Half of Americans Don’t Have Enough Savings to Cover $1,000 Expense
More than one in five Americans have no emergency savings fund set up at all.
Greedflation Accounts for 53 Cents of Every Dollar of Inflation in Past 6 Months
With the 2024 presidential election looming, 96 percent of Americans say inflation is an important issue to them.
Inside the Movement to Save Philly’s Chinatown From a New NBA Arena
Organizers in Philadelphia's Chinatown are drawing from generations of resistance to face an “existential threat.”
The Only Solution to “Wealth Supremacy” Is a Democratic Economy
Our economy must center human outcomes rather than rising share prices, says social theorist and author Marjorie Kelly.
Bipartisan Tax Bill Offers Generous Corporate Tax Relief, Inadequate Poverty Aid
A proposed bill increases the child tax credit, but fails the poorest families. Yet corporations would see a windfall.
Poll: 74 Percent of Millionaires in G20 Countries Support Higher Taxes on Wealth
Meanwhile, 260 millionaires and billionaires signed a letter imploring leaders to raise taxes on rich people like them.
World’s 5 Richest Men Have Added $14M to Their Wealth Every Hour Since 2020
Elon Musk was the biggest winner of the last three years, multiplying his fortune by over seven times.