Truthout
Economy
IRS Pursues 125,000 Non-Filing Cases in Crackdown on Wealthy Tax Evaders
The IRS chief said there was a “tax gap” of over $150 billion each year that the wealthy owe but do not pay.
Biden Peddles the Myth That Spending More on Weapons Is Good for the Economy
The Pentagon’s annual budget is more than 20 times what the US now invests per year to reduce greenhouse gas emissions.
Starbucks Union Unveils Largest 1-Day Filing With 21 Stores Joining Effort
Nearly 500 Starbucks stores have filed for union representation so far.
Six Years Into Rent Strike, Tenants Union Will Battle Landlord in LA Court
The Hillside Villa Tenants Association is engaged in one of the longest rent strikes in the history of Los Angeles.
To Democratize Finance, We Must Take the Banks Away From the Bankers
Progressive economist Gerald Epstein explains how we can build a banking system that puts people over profit.
84 Percent of Voters Say Corporate Greed Is Causing Inflation, Poll Finds
The proportion of Americans who say corporate greed is a “major cause” of inflation has risen by 15 percent since 2022.
A Growing Number of Economists Are Joining the Fight to Rein In the Big Banks
Big banks have captured the financial regulatory system and are driving inequality. We need to bust their club.
US State Treasuries Are Investing Hundreds of Millions in Israel Via Bonds
US states, municipalities and public pension funds own at least $1.6 billion worth of Israel bonds combined.
SEC’s Approval of Bitcoin Markets May Set the Stage for Financial Disaster
Irresponsible banking and deregulation are putting the world economy at risk.
Employers Can Now Match Student Loan Repayments as Retirement Contributions
Experts say the policy can be a “game changer” for Black women, who have the highest student loan debt on average.