Truthout
Economy
22 States Are in Recession or Heading Toward One. The Shutdown Could Worsen It.
Moody’s Analytics looked at data predating the shutdown when the country's economic situation was already dismal.
Goldman Sachs: Consumers Are Carrying Largest Burden From Trump Tariffs
Up to 55 percent of the cost is being shifted onto consumers, according to a new analysis from the Wall Street bank.
Workers’ Wages Continue to Be Garnished to Pay Off Medical Debt
This aggressive collection practice is widespread even in a state considered to have strong consumer protections.
What Trump’s Executive Order on 401(K)s Means for Workers Who Hope to Retire
More workers may lose their hard-won retirement savings now that Trump has pushed them toward crypto and private equity.
Digital Tools Are Fueling the Rise of New “Time Exchange” Solidarity Economies
Through time exchanges, members earn time credits by helping others, then redeem them when they need help themselves.
Inflation and Jobless Claims Are Rising. Economists Blame Trump’s Tariffs.
The cost of food and other household items saw a big jump in August alone.
Ben & Jerry’s Demands Out From Parent Firm, Citing Censorship on Social Issues
Unilever, which bought Ben & Jerry’s in 2000, has repeatedly undermined the company’s pro-Palestine advocacy.
Experts Blame Trump’s Tariffs for Cratering Job Creation
The new jobs report showed a grim outlook for the economy, with particularly dire impacts on manufacturing.
Appeals Court Strikes Down Trump’s Tariffs as Illegal and Unconstitutional
The tariffs will remain in effect until October, giving the Trump administration time to bring the case to SCOTUS.
Federal Reserve Governor Lisa Cook Sues Trump Over His Attempt to Fire Her
Trump has also threatened to fire Fed Chair Jerome Powell as he pushes the central bank to cut interest rates rapidly.