Truthout
Economy
Trump’s “Homes for People” Plan Distracts From Failing Policies, Experts Say
Trump's proposal to ban institutional investors from buying homes won't make up for damage of tariffs and deportations.
Fossil Fuel Subsidies Are Leading the US and EU Into Industrial Decline
We must reject the argument that climate protection is a burden on the economy, says energy expert Hans-Josef Fell.
Top 15 US Billionaires Gained Nearly $1 Trillion in Wealth in Trump’s First Year
The US has 935 billionaires, roughly a dozen of whom have jobs within the Trump administration.
Trump Thanks “MISTER TARIFF” on Truth Social, Claiming US Economy Is Improving
Polling shows a majority of Americans give Trump negative ratings on his handling of the economy and inflation.
Trump’s Kidnapping of Maduro May Benefit Corporations That Are Suing Venezuela
A government installed by the US may be more willing to act in favor of corporate plaintiffs alleging financial damages.
As 19 States Raise Their Minimum Wages, the Federal Rate Remains Stuck at $7.25
The federal minimum wage has not risen since 2009.
A New Tax Will Cut Into a Lifeline for Immigrant Families
Cash, checks, and money orders that millions of immigrants rely on to support loved ones abroad will see new costs.
Unemployment Rate Hits Highest Level in 4 Years Amid Trump’s Assault on Workers
“Trump’s reckless trade agenda is bleeding working-class jobs, forcing layoffs, and raising prices,” said one critic.
The US Economy Is Becoming Highly Dependent on a New and Untested AI Industry
Some AI companies are using techniques and financial products seen in the run-up to the great financial crisis of 2008.
Instacart Reportedly Using Secret AI-Powered Dynamic Pricing to Jack Up Prices
In an experiment, investigators found that the same grocery basket at a Seattle store cost between $114 and $124.