Truthout
Economy
New Report: Obama Administration’s TPP Trade Officials Received Hefty Bonuses From Big Banks
New Report by Lee Fang Highlights How Proposed Trade Deal is a Sweetheart Deal for Wall Street and Way around Financial Reforms.
Economic Update: This System Does Not Work
Richard D. Wolff gives an economic update on the Olympics; Chicago university faculty strike; Chevron's contempt; Gallup poll on unemployment; and more.
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Fed Orders Post-Crisis Crackdown at Big Banks
The long-anticipated rule covers banks both domestic and international with assets above $50 billion.
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A Lesson From Chattanooga
One especially important lesson concerns how one factor - “outside influence” - works so one-sidedly in the United States.
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Four Signs Billionaire Tom Perkins Has Lost Touch With Reality (and Why It Matters)
American multi-billionaire Tom Perkins can't seem to avoid controversy lately.
The Social Value of Finance
What is missing, Rahman argues, is any actual consideration of the social value of finance in general and financial innovation in particular.
Thomas Friedman Escaped and Is Writing About Economics Again
Thomas Friedman is loose in Silicon Valley, the economic hub best known for colluding to rip off its workers.
Usurious Returns on Phantom Money: The Credit Card Gravy Train
The credit card business is now the banking industry's biggest cash cow, and it's largely due to lucrative hidden fees.
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In Argentina, the Rules Still Apply
In Argentina, we're seeing a mini-revival of what the economists Rudi Dornbusch and Sebastian Edwards long ago called “macroeconomic populism.”
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The New Fascism: Terms and Conditions
By agreeing to the terms and conditions for the Bank of America smartphone application, you give the company the permission to turn on your camera and microphone without telling …