Truthout
Economy
With No Child Tax Credit, Families Are Slipping Back Into Poverty Amid Inflation
Child poverty rates have crept back up since the program expired, leaving families struggling with food insecurity.
Unemployment Steady at 3.7 Percent as Economy Adds 263,000 Jobs in November
However, rapid wage growth likely means the Fed will continue on its path of aggressive rate hikes for the near future.
Drug Industry’s Chief Lobbying Group’s Revenue Surpassed $609 Million in 2021
The Pharmaceutical Research and Manufacturers of America spent more money than ever on lobbying the federal government.
New Bill Targets Hedge Fund Stranglehold on Housing Market
The legislation aims to prevent rich investors from taking advantage of renters and limiting homeownership.
The Fed’s Response to Rising Inflation Protects the Wealthy at Workers’ Expense
Leftist economists Gerald Epstein and Robert Pollin offer an alternative vision for how to combat rising inflation.
San Francisco Has Voted to Tax Corporate Landlords for Leaving Housing Vacant
The groundbreaking affordable housing victory in San Francisco could serve as a blueprint for other cities to follow.
DOJ Won Antitrust Victory by Arguing Publishing Merger Would Harm Top Authors
The DOJ used an unusual legal strategy to stop the merger of two major publishing houses — with help from Stephen King.
Ticketmaster Has Driven Swifties Into the Anti-Monopoly Movement
Taylor Swift fans are calling to break up the company’s live events monopoly.
Capitalism Has Ended the Issue of Scarcity But Worsened the Crisis of Inequality
Capitalism will never deliver material well-being for all. We need a new system.
Senate Antitrust Leader, AOC Slam Ticketmaster Amid Taylor Swift Concert Snafu
Ticketmaster has exhibited a “pattern of non-compliance” with antitrust obligations, the senator wrote.