Truthout
Economy
Hondurans Fight Private Cities Run by US Companies Amid Legal Battle
Such “extreme investor rights” under an international trade agreement directly oppose Honduran sovereignty, says critic.
Progressives Prepare to Mobilize If Supreme Court Blocks Student Debt Relief
Organizers are urging the White House to use executive powers to enact broad-based student debt cancellation.
GOP Is Trying to Slash Food Aid to Kids Who Are Already Struggling to Access It
A recent study suggests that more than 53 percent of young kids who are eligible for food aid haven’t been getting it.
Top 1 Percent Would Get $28B in Tax Cuts Under New Republican Plan
The average member of the 1 percent would save $16,550 under the plan. A person in the bottom 20 percent would save $40.
For GOP, Debt Ceiling Deal Was Never About Debt — It Was About Conserving Power
Conservatives weaponized the debt deal to consolidate power. Let’s use the budget to create new power structures.
Biden Vetoes GOP Bill to Nix Student Debt Relief
Debt advocates say the bill would have forced borrowers to pay retroactive payments on their student debt.
End of Student Loan Freeze Will Be a “Massive Disaster,” Warns Consumer Advocate
New research shows that more than 1 in 13 borrowers are already behind on payments other than student debt.
Sanders Denounces Morality of System Where 3 Are Richer Than 165 Million People
The senator argued that the oligarchy wins when they divide up the working class and those living in poverty.
Economy Gains 339,000 Jobs in May Though Unemployment Rises to 3.7 Percent
If the goal of the Fed’s interest rate policy was to weaken the labor market, they seem to have gotten their wish.
Why Is the Fed Seeking Advice From the Architect of Past Financial Meltdowns?
Fed Chair Jerome Powell has been looking to disaster-prone ex-Treasury head Larry Summers for insight, emails reveal.