Truthout
Economy
Report Finds Min. Wage Earners Can’t Afford One-Bedroom Rental in Most of US
The National Low Income Housing Coalition found a worker must make $24.90 an hour to afford an average two-bedroom.
Biden Elevates Fight Against Monopolies as Next Step in Economic Revival
It is past time to update U.S. antitrust laws to break up companies with economic clout that rivals mid-size countries.
Stadium Workers Are Paying Higher Tax Rates Than Sports Team Owners
Billionaire owners are paying lower tax rates than their millionaire players or low-wage concession workers.
Right-Wing Groups Mobilize Against Effort to Counter Tax Dodging by the Rich
“So you're telling me they're against catching tax cheaters?” asked Rep. Ro Khanna.
Cryptocurrency May Wreak Havoc on Economy — Especially on People With No Assets
A sudden uptick in hedge fund failures and corporate bankruptcies could lead to mass layoffs and a recession.
One Company Received the Maximum Possible PPP Loan, Then Moved Jobs to Mexico
Many businesses exploited loopholes and rule changes to lay off employees despite receiving funds to keep them employed.
Oil and Gas Companies Depend on Tax Subsidies and Job Creation Myths to Survive
The downfall of a perverse subsidy program in Texas has shined a light on the “tax break industrial complex.”
Most Student Debtors Can’t Make Their Payments. It’s Time for Debt Cancelation.
A new study shows that contrary to myth, the greatest benefit of debt cancelation goes to those with the least wealth.
Degrowth Policies Cannot Avert Climate Crisis. We Need a Green New Deal.
A Green New Deal is the only way climate stabilization can become fully consistent with raising global living standards.
Warren Urges Investigation Into Potential Antitrust Practices by Google
In another move against big tech, the senator raised alarm over Google’s possible anti-competitive advertising moves.