Truthout
Economy
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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 …
How Obamacare Raids the Assets of Low-Income Older Americans
The pilfering of assets of low-income Americans results from the interaction of several nasty features of Obamacare.
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Time to Restore the Power of the National Labor Relations Act
You may comment on updated processes proposed to boost the National Labor Relations Board, which looks out for workers, says Ellen Dannin.