Truthout
Economy & Labor
This Decades-Old Legal Loophole Allows Billionaires to Avoid Medicare Taxes
Most working Americans have to pay Medicare taxes, but some of Wall Street’s richest figures found a way to opt out.
Trump’s Pick to Lead FTC Wants to Roll Back Regulations and End “War on Mergers”
Andrew Ferguson’s agenda also reportedly includes ditching “novel and legally dubious consumer protection cases.”
Nursing Home Industry Is Pushing Trump to Rescind Biden’s Safe Staffing Mandate
Rejecting the mandate would leave thousands of residents in homes too short-staffed to provide proper care.
Unions Brace Themselves as Trump Prepares to Defang Labor Board
Trump’s NLRB will likely be filled with lawyers from the union-busting world hell-bent on rolling back workers’ gains.
Wealth of the World’s Billionaires Has More Than Doubled Over the Past Decade
Driven by massive inequality, the world's richest grew their fortune from $6.3 trillion to $14 trillion.
After 86 Years, Disabled Workers Could Finally Receive Minimum Wage Protections
Biden’s Labor Department is moving to abolish “subminimum wage” rules, but the Trump administration may undo the win.
4.3M Consumers Set to Get Checks From Agency Trump and Musk Want to “Delete”
The CFPB will distribute $1.8 billion to those charged illegal junk fees or defrauded by credit repair companies.
Progressives Say Trump’s Pick to Run IRS Will Spark “Open Season for Tax Cheats”
Former Rep. Billy Long has repeatedly sponsored legislation to dismantle the IRS and repeal all estate taxes.
Amazon Workers in Over 30 Countries Take Coordinated Action on Black Friday
The “Make Amazon Pay” campaign includes strikes and protests on six continents, disrupting a major shopping weekend.
Elon Musk Targets Consumer Protection Agency for Deletion
The Consumer Financial Protection Bureau has often incensed the nation's most powerful financial entities.
In Social Media Posts, Trump Threatens Tariffs on Mexico, Canada and China
Trump vowed to place 25 percent tariffs on all goods coming from Mexico and Canada, and to increase tariffs on China.
Many in the US Were Suffering Before Trump Was Reelected. What Will Happen Now?
Such times demand that we focus on building the power of the people in our push for a safe and abundant life for all.
Charlotte Airport Workers Strike Ahead of Thanksgiving
The employees are demanding “an end to poverty wages and respect on the job during the holiday travel season.”