Truthout
Economy
Trump and Musk’s Dramatic Falling Out Displays the Hazards of Billionaire Rule
Author Quinn Slobodian speaks on how empowering these "titanically sized egos” threatens our collective wellbeing.
Trump Greenlights US Steel Merger Despite Campaign Promise to Scrap Deal
United Steelworkers President David McCall called the move “a disaster for American Steelworkers.”
Critics of FTC’s Decision to Drop PepsiCo Suit Say Consumers Will Pay the Price
The all-Republican commission abandoned a lawsuit accusing PepsiCo of providing Walmart with pricing advantages.
Will GOP Tax Cuts Pay for Themselves? Nonpartisan Analysis Says Not at All.
The Institute on Taxation and Economic Policy said the cuts will barely boost the economy and mostly go to the rich.
The “Oligarch’s Budget” Wages War on Poor Americans
Unless you’re very wealthy, this bill will ultimately leave you worse off and more economically vulnerable.
Trump’s “Big Beautiful Bill” Redistributes Wealth From the Poor to the Rich
The CBO has estimated at least 15 million people would lose health care coverage due to the bill’s cuts to Medicaid.
Wage Stagnation Has Made “Minimal Quality of Life” Out of Reach for Most in US
New research finds the cost of maintaining a “dignified” life in the US has doubled since 2001.
Proposed Budget Bill Boasts Historic Medicaid Cuts. Some Republicans Want More.
GOP hardliners are reportedly pursuing an end to states' Medicaid expansions and an earlier start to work requirements.
Wells Fargo Wants to Privatize USPS. We Should Dismantle the Mega Bank Instead.
Why would a mega bank with one of the worst reputations in a scandal-ridden industry take over a popular institution?
Trump Dismisses Rising Costs Worries, Wrongly Claims Consumers Don’t Pay Tariffs
Trump claimed that companies were only saying costs will go up in order to “negotiate deals” with him.