Truthout
Economy
Trump’s Kidnapping of Maduro May Benefit Corporations That Are Suing Venezuela
A government installed by the US may be more willing to act in favor of corporate plaintiffs alleging financial damages.
As 19 States Raise Their Minimum Wages, the Federal Rate Remains Stuck at $7.25
The federal minimum wage has not risen since 2009.
A New Tax Will Cut Into a Lifeline for Immigrant Families
Cash, checks, and money orders that millions of immigrants rely on to support loved ones abroad will see new costs.
Unemployment Rate Hits Highest Level in 4 Years Amid Trump’s Assault on Workers
“Trump’s reckless trade agenda is bleeding working-class jobs, forcing layoffs, and raising prices,” said one critic.
The US Economy Is Becoming Highly Dependent on a New and Untested AI Industry
Some AI companies are using techniques and financial products seen in the run-up to the great financial crisis of 2008.
Instacart Reportedly Using Secret AI-Powered Dynamic Pricing to Jack Up Prices
In an experiment, investigators found that the same grocery basket at a Seattle store cost between $114 and $124.
Trump SNAP and Medicaid Crisis Will Hit Hardest States That Cut Their Own Taxes
Twenty-six states that cut or terminated income taxes since 2021 may not have the revenue to continue the programs.
Free Buses Can Be a Reality — Just Look at Maryland
Zohran Mamdani’s plan for free buses is not a pipe dream. Montgomery County, Maryland, made its buses free this year.
CFPB Workers Slam Russell Vought’s “Humility Pledge,” Call for His Resignation
Critics say it’s the latest move in his plan to shut down the Consumer Financial Protection Bureau and protect CEOs.
White House Touts “Relief” as Data Shows Prices Rising Ahead of Thanksgiving
Sixty percent of voters believe that Trump is making the state of the economy sound better than it is, polling shows.