Truthout
Economy
Watchdogs Urge DOJ to Investigate Legality of Facebook’s Cryptocurrency Venture
With its pilot cryptocurrency program, Novi, Facebook is taking on banking functions without the necessary regulations.
US Tax Code Is Complicit in Helping Real Estate and Oil Tycoons Game the System
Trump and other ultrarich Americans have earned billions while managing to repeatedly avoid paying federal income tax.
Oil and Gas Industry Profits Climbed as Americans Faced High Gas Prices in 2021
Consumer advocates say that high gas prices are due to “the deliberate policies of energy producers” to pad profits.
Top Shareholders of Pfizer and Moderna Made Over $10 Billion After Omicron Arose
Moderna's CEO added over $800 million to his personal fortune after stock prices soared in response to the variant.
Inflation Is Bad for Those Who Profit From Your Mortgage Debt and Student Loans
Corporate media has largely failed to tell both sides of the inflation story, says journalist Jon Schwarz.
Welfare Is So Hard to Get in Utah, Some Feel They Must Join LDS Church for Aid
Some bishops have denied assistance unless a person goes to services or gets baptized.
Using Inflation as an Excuse, Corporations Raised Prices & Increased Profits
The new data contradicts the widespread misconception that stimulus packages and other spending bills were to blame.
Diaper Banks Are Filling a Need for Low-Income Families Whom Federal Aid Fails
Diapers don't qualify for federal aid under most public assistance programs, including food stamps.
Raising the Standard of Living for Everyone Could Offset the Pains of Inflation
Decades of corporations monopolizing industries has given them the power to artificially inflate the prices of goods.
CEOs Are Blaming Inflation for Price Hikes While Earning Record Compensation
The Dollar Tree CEO is pinning price hikes at stores on inflation, yet he was rewarded nearly $11 million last year.