Truthout
Economy & Labor
New Report Documents Racist Rot at the Core of the Petrochemical Industry
Economist Michael Ash shares new data on racial disparities in the industry — a major purveyor of environmental racism.
Taft-Hartley Act Still Undercutting Labor 78 Years Later
Taft-Hartley marked the beginning of a long-term strategy to isolate, weaken, and demobilize organized labor in the US.
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.
Billionaires’ Wealth Has Skyrocketed by Over $6 Trillion Over the Past Decade
A new Oxfam report found the wealth of the global 1 percent has increased by $33.9 trillion since 2015.
Trump Is Setting the US Economy Up for Another Great Financial Crisis
Trump and tech capitalists like Elon Musk are trying to become kingpins of a largely unregulated financial system.
Senate Democrats Help GOP Pass Crypto Bill That Critics Call Flawed
The GENIUS ACT would “create a superhighway for Donald Trump's corruption,” Sen Elizabeth Warren told Rolling Stone.
After ICE Targeted a Labor Leader, Unions Must Speak Up for Immigrant Workers
Across the country, immigrant workers are being met with surveillance, police repression, and political scapegoating.
European Dockworkers Are Refusing to Load Weapons for Israel’s Genocide in Gaza
The labor actions are built on a decades-long tradition of internationalism, anti-militarism, and anti-imperialism.
Former Congressman Confirmed to Head IRS, an Agency He Once Worked to Abolish
Trump pick Billy Long's confirmation “signals open season for wealthy tax cheats,” said Americans for Tax Fairness.