Truthout
Economy & Labor
Palantir Paid No Federal Income Tax in 2025 as It Partnered With ICE, Pentagon
Its $0 tax bill comes despite the company raking in $1.6 billion and landing a $10 billion military contract last year.
Trump’s War on Iran Risks Plunging World Into Global Recession, IMF Says
“The global outlook has abruptly darkened following the outbreak of war in the Middle East,” the IMF report stated.
New Federal Data Reveals 1 in 3 US Households Struggle to Afford Energy Bills
The current reality is likely far worse, as the data was collected before the Iran war caused a spike in energy prices.
Trump Admin Report: Pre-Iran War Gas Prices Won’t Return Until After 2027
Nearly 7 in 10 Americans describe rising gas costs as “extremely” or “very” concerning, a new poll found.
Tariff Refunds Flow to Companies as Consumers Keep Footing the Bill
Tariffs drove an estimated 86% of the price increases for imported household goods through January.
California’s $20 Fast Food Wage Hike Didn’t Kill Jobs, New Study Finds
The data-driven study pushes back against multiple industry-backed reports that cast a grim light on the higher wage.
The Average US Taxpayer Spent $4,049 on War and Weapons Last Year
For 50 days out of a year, an average US worker’s income taxes were wholly paid toward militarism.
US-Israeli War on Iran Is Intensifying All of Global Capitalism’s Problems
This war is widening the deep systemic problems that were already present before February 28, says scholar Adam Hanieh.
Trump Budget Proposal Shreds Health and Food Programs to Feed the War Machine
“His priorities are clear: He does not care about us,” says health care advocate Deborah Weinstein.
Texas’s Tax Breaks for Data Centers May Be Largest for Any State in US
The state is providing more than $1 billion in tax breaks each year despite growing pushback from local communities.