Truthout
Economy & Labor
Ilhan Omar Pushes Tax on All Stock Trades Amid GameStop Controversy
Taxing every trade made on Wall Street could produce more than $1 trillion in federal revenues.
GameStop Saga Reveals How Wall Street Offers Little to Our Collective Well-Being
What sort of social order lets people get rich betting on whether companies will fail while workers lose their jobs?
Sanders on Billionaire Investor’s Tax Fears Amid GameStop Saga: “Cry Me a River”
The ongoing GameStop saga has sparked renewed calls for a financial transactions tax and other redistributive measures.
Biden’s $1.9 Trillion Stimulus Is a Vital Beginning for a New New Deal
The next step should be to enact truly transformative progressive economic programs and rein in Wall Street.
AOC, Pelosi Say Trade Bans by Robinhood on GameStop Stocks Warrant Inquiry
Retail investors were able to increase the price of GameStop's stock after hedge funds had attempted to “short” shares.
Progressives Warn Against Scaling Back Relief Bill to Gain GOP Support
The Biden White House is reportedly weighing the possibility of splitting its proposed COVID relief package in two.
Ro Khanna Warns Democrats Against Restricting Eligibility for COVID Checks
Khanna argues this approach would fuel the widespread view that the government doesn't care about the middle class.
With Biden’s Support, a $15 Minimum Wage Is Closer Than Ever
The Fight for $15 has come a long way since 200 food workers went on strike in 2012.
COVID Windfall for Billionaires Could Fully Fund Relief for the Working Class
The wealth of billionaires in the U.S. has soared during a crisis that has taken more than 420,000 lives.
Striking Workers in New York City Win Wage Hike After Surge of Solidarity
Workers at the Hunts Point Produce Market have approved a new three-year contract, ending a week-long strike.