Truthout
Economy
Economists Slam Trump’s New Tariffs as US Consumers See Rising Prices
Over 80 percent of Americans are already concerned about the price of groceries and many are struggling to stay afloat.
As Private Equity Comes for the Utility Sector, Minnesota Is a Test Case
An administrative law judge has issued a report siding with opponents of BlackRock’s acquisition of an electric utility.
Experts See Echoes of the 1930s Amid Trump’s Tariff Tantrums
If a US-European tariff war really does kick off in earnest, the consequences could be hugely damaging.
Thanks to Congress, Puerto Ricans Will Struggle Even More to Feed Their Families
The island imports more than 80 percent of its food, and residents already face rising prices and supply chain issues.
“Tax-Dodging Consultant” Is Now the US Treasury’s Top Tax Policy Official
As a lobbyist, Ken Kies secured tax giveaways for major corporations. Now, he’s helping implement the GOP budget bill.
Decades of Neoliberalism Entrenched US Inequality. Trump’s Budget Made It Worse.
Factoring in tariffs, the lowest 20 percent of income earners may lose $300; the top 1 percent will be $58,000 richer.
Lula Responds Defiantly to Trump’s Tariff Threat Against Brazil
The Brazilian president promised to respond in kind if Trump moves forward with a threatened 50 percent tariff.
Trump’s FTC Let Lobbyists Kill Popular Click-To-Cancel Rule, Advocates Say
A federal appeals court blocked the rule, which would have required companies to make it easier to end subscriptions.
Why Is BlackRock Gunning to Take Over a Minnesota Electric Utility?
Opponents say the deal would leave ratepayers and regulators at the mercy of far-off financial profiteers.
Senate GOP Moves to Slash Consumer Financial Protection Bureau’s Budget by Half
The new attack on the CFPB comes after an earlier proposal to eliminate its entire budget violated reconciliation rules.