Truthout
Economy
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More Than 46 Million Americans Still in Poverty
In the words of Rep. Mike Honda (D-California), co-chair of the Congressional Out-of-Poverty Caucus, these figures are
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Finders Weepers: Early Bain Disputes Cast New Light on Its Business
While the Romney campaign used Bain Capital as an example of the candidate's economic prowess, investors who worked with him almost 20 years ago tell another story.
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German Court Backs Euro Rescue Fund
New ruling in Germany attempts to master the debt crisis that has affected the continent for years and endangered its common currency.
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The Biggest Economic Challenge of Obama’s Second Term
Not even the Jobs Act will be enough to boost the anemic recovery. In January, he's got to do something big, like a new WPA or CCC.
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Chicago Teachers Launch Strike for Better Pay, Benefits and Work Conditions
The 30,000-strong Chicago Teachers Union strikes for the first time in a quarter century.
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Do America’s Corporations Care How Much American Workers Earn?
Despite worries about sagging consumer confidence and shrinking paychecks, business leaders seem unconcerned about the declining standard of living of middle-class America, or about the growing number of American …
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Globalized Growth Is the Problem, Localism Is the Solution
This strange twilight moment, in which our experts and systems managers squander resources in attempting to re-create an expanding economic system that is moribund, will inevitably lead to systems …
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Farewell to Bill
Clinton's political skills shouldn't prevent us from understanding the track record of his economic policies.
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Debt Collectors Cashing In on Student Loan Roundup
The Department of Education paid $1.4 billion to collection agencies to hunt down defaulters, which includes nearly one in six borrowers.
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Did Citigroup Defraud Billions from US Ally Abu Dhabi?
Abu Dhabi has likely learned an important lesson about how Wall Street does business. An investigative report reveals the company's nasty dealings.