Truthout
Economy & Labor
Watchdogs Urge DOJ to Investigate Legality of Facebook’s Cryptocurrency Venture
With its pilot cryptocurrency program, Novi, Facebook is taking on banking functions without the necessary regulations.
US Tax Code Is Complicit in Helping Real Estate and Oil Tycoons Game the System
Trump and other ultrarich Americans have earned billions while managing to repeatedly avoid paying federal income tax.
Oil and Gas Industry Profits Climbed as Americans Faced High Gas Prices in 2021
Consumer advocates say that high gas prices are due to “the deliberate policies of energy producers” to pad profits.
Top Shareholders of Pfizer and Moderna Made Over $10 Billion After Omicron Arose
Moderna's CEO added over $800 million to his personal fortune after stock prices soared in response to the variant.
Sit-Down Strikes Renewed Labor. Workers Today Could Benefit From That Lesson.
At the height of the U.S. labor movement, seizing control of the means of production was a strategy — not just a slogan.
Inflation Is Bad for Those Who Profit From Your Mortgage Debt and Student Loans
Corporate media has largely failed to tell both sides of the inflation story, says journalist Jon Schwarz.
Major Union Passes Historic Reform for Democracy Years After Corruption Scandal
Rank-and-file members of the United Auto Workers will now be able to vote directly for their top union leadership.
Marginalized Workers Facing Labor Market Discrimination See Largest Jobs Gains
The most disadvantaged workers are seeing the greatest declines in unemployment.
Welfare Is So Hard to Get in Utah, Some Feel They Must Join LDS Church for Aid
Some bishops have denied assistance unless a person goes to services or gets baptized.
Using Inflation as an Excuse, Corporations Raised Prices & Increased Profits
The new data contradicts the widespread misconception that stimulus packages and other spending bills were to blame.