Truthout
Economy
Unemployment Ticked Up to 3.8 Percent in August — But Not Because of Layoffs
August jobs numbers show the threat of spiraling inflation appears to be shrinking.
19 States Cut Income Taxes to Benefit Wealthy — With Help of Dark Money Groups
According to the states’ own estimates, the revenue hit could be more than $10 billion in fiscal years 2023 and 2024.
Louisiana Hair Braiders Say Regulatory Overreach Is Destroying Their Business
If regulators can come after lower-income professionals at safe, responsible businesses, they can criminalize anyone.
Native Hawaiians Are Resisting Land and Water Grabs After Maui Wildfires
"Plantation disaster capitalism is, unfortunately, the perfect term for what’s going on,” says Kapuaʻala Sproat.
Tlaib Introduces Bill to Bar Medical Debt From Showing Up on Credit Reports
People shouldn’t be denied access to basic needs because they have medical debt, Tlaib said.
Conservative Groups Sue to Block Forgiveness for 800,000 Student Loan Borrowers
A conservative court also blocked relief for students who were defrauded by universities this week.
Fed Reserve Rate Hikes May Set Stage for Financial Crises in Global South
Monetary policy to control inflation in the U.S. has significant impacts on poor and indebted nations.
New SNAP Policy Will Force People Over 50 to Work to Retain Food Benefits
About 750,000 people are forced to work or lose food stamp benefits because of the new bipartisan compromise over SNAP.
New FTC Guidelines Take Aim at “Illegal Mergers” Enabled by Reagan-Era Policy
The draft guidelines come as the Federal Trade Commission is challenging corporate consolidation in pharma and tech.
Guaranteed Income Programs Are Uplifting Oppressed Communities Across the US
Many of these initiatives are aimed at helping Black mothers, trans residents and formerly incarcerated people.