Truthout
Economy & Labor
New Report Shows Top Billionaires’ Wealth Skyrocketing During Pandemic
The richest Americans are getting richer as millions struggle to afford basic necessities.
The Senate’s Latest COVID Stimulus Won’t Solve the Hunger and Housing Crisis
Hopes are pinned on a $908 billion proposal that includes only a fraction of what is necessary to contain these crises.
After Uber and Lyft’s Prop 22 Win, Big Tech Could Push Wave of Anti-Worker Laws
Uber, Lyft, and other companies that rely on gig workers spent more than $200 million to promote Prop 22.
Argentina Approves Tax on Millionaires to Fund COVID-19 Recovery
Senators passed a bill imposing a tax of at least 2 percent on individuals with assets worth more than $2.45 million.
Unemployment Falls to 6.7 Percent, But It Comes With a Longer Work Week
Contrary to normal patterns, the work week has actually gotten longer in the pandemic recession.
Graduate Student Labor Organizing Is Rising — and So Is Retaliation
Students at the University of California, Santa Cruz, are protesting the suspension of a wildcat strike organizer.
UN Warns 1 Billion More People Headed for Extreme Poverty by 2030 Amid Pandemic
It is time for immediate, large-scale investments in public health, social safety net programs and a green transition.
Sanders Slams McConnell for Pushing Tax Deductions for CEOs in COVID Relief
The measure contains a 100 percent deduction for business meals but nothing for millions of hungry families.
As COVID Spikes, the GOP Pushes Bans on Suing Negligent Businesses
Many in the GOP have been insisting that any further COVID-19 stimulus bill also include legal immunity.
Biden Taps Two BlackRock Executives for Top Economic Posts
This comes as progressives are demanding a cabinet free of Wall Street influence.