Truthout
Economy
Trump’s Loyalty to Fossil Fuel Companies Is Driving Up Inflation
The sooner we transition off fossil fuels, the healthier we — and our wallets — will be.
Jury Awards $50 Million to Family of Woman Killed in Boeing Crash
Samya Stumo was among 346 killed in what a judge previously called "the deadliest corporate crime in US history.”
Hunger in US Under Trump Reaches Levels Not Seen Since Peak of COVID Pandemic
A new analysis by the Federal Reserve Bank of New York reveals the fallout from cuts to federal food aid programs.
Trump Defends Prediction Market Companies Against State Regulations
Trump’s second term has overturned regulations that guarded this industry, allowing it to grow exponentially.
Increased Tax Refunds Have Been Eaten Up by Iran War Price Spikes, Experts Say
Trump's “Big Beautiful Bill” aimed to stimulate spending with bigger refunds, but inflation has swallowed the benefits.
Private Equity Now Owns 1 in 8 Apartment Units, a 50 Percent Increase Since 2021
Private equity’s expansion into housing comes at the same time as Americans are increasingly struggling to afford rent.
WH Adviser Says Americans’ Economic Anxiety Due to Fast Pace of “Good” Changes
Consumer prices increased by 3.8 percent over the past year, the highest rate seen since 2023.
Trump Shrugs Off Americans’ “Financial Situation” After Inflation Report Release
Fruits and vegetables prices increased by 6.1 percent, and beef prices rose by 14.8 percent over the past year.
War Profiteers Multiply as Opportunists Eye “Golden Opportunity”
Defense contractors, Trump allies, and insiders are cashing in as tensions with Iran escalate.
West Bank Faces Economic Crisis as Israel Withholds Tax Revenue and Work Permits
Israel is choking off financial prospects in the West Bank, pushing Palestinians there toward a breaking point.