Truthout
Economy & Labor
![People sit on a hillside overlooking oil pumpjacks at the Huntington Beach Oil Fields amidst the coronavirus pandemic on April 20, 2020, in Huntington Beach, California. Oil prices traded in negative territory for the first time as the spread of COVID-19 impacts global demand.](https://truthout.org/app/uploads/2020/04/2020_0421-oil-negative_-400x300.jpg)
The Day Petroleum Was Less Than Worthless
We now know that oil can cease to be important without the Earth tumbling into the sun. Where do we go from here?
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Gig Workers at Instacart and Grocery Stores Demand Safety Gear and Hazard Pay
Grocery stores are one of the front lines of the COVID-19 pandemic.
![Vice President Mike Pence and Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, attend a briefing on the coronavirus pandemic, in the press briefing room of the White House on March 24, 2020, in Washington, D.C.](https://truthout.org/app/uploads/2020/04/2020_0419-anthony-fauci-j-400x300.jpg)
Lifting Stay-in-Place Rules Won’t Fix Economy If Virus Still Rages, Fauci Says
The economy won't recover “unless we get the virus under control,” Fauci contends.
![A worker handles meat in a butchery](https://truthout.org/app/uploads/2020/04/2020_420-meat-packing-400x300.jpg)
Millions of Essential Workers Are Being Left Out of COVID-19 Safety Protections
Even as the U.S.'s federal worker-safety agency has been inundated with complaints, it has rolled back safety standards.
![Senate Minority Leader Chuck Schumer speaks as Rep. Alexandria Ocasio-Cortez listens during a press conference in the neighborhood of Queens on April 14, 2020, in New York City.](https://truthout.org/app/uploads/2020/04/2020_0417-aoc-400x300.jpg)
The Next Economic Stimulus Must Include Green New Deal Measures
Green New Deal measures are more important than ever to assuage the economic impacts of COVID-19.
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Postal Workers Union Leader Warns the USPS Could Be Dead in Three Months
The leader of the American Postal Workers Union says privatizing the USPS would be an attack on “a right of the people.”
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Ilhan Omar Bill Would Cancel Rent and Mortgage Payments for Duration of Pandemic
The Rent and Mortgage Cancellation Act would not just freeze rent payments but also forgive them entirely.
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COVID-19 Exposes the Delicate Economic Balance We All Live in Under Capitalism
This pandemic makes it clear that under capitalism, the worker is not that far removed from the pauper.
![President Trump, flanked by Vice President Pence and Director of the National Institute of Allergy and Infectious Diseases Anthony Fauci, speaks during the daily briefing on the novel coronavirus in the Brady Briefing Room of the White House on April 16, 2020, in Washington, D.C.](https://truthout.org/app/uploads/2020/04/2020_0417-trump-podium-400x300.jpg)
New Trump Plan to Reopen Economy Contains No National COVID-19 Testing Strategy
Public health experts and business leaders have warned that the U.S. must significantly expand its testing capacity.
![President Trump speaks during a roundtable meeting with energy sector CEOs in the Cabinet Room of the White House April 3, 2020, in Washington, D.C.](https://truthout.org/app/uploads/2020/04/2020_0417-trump-oil-400x300.jpg)
A Big Oil Bailout Would Be the Opposite of the Green New Deal We Need
Policy makers should let oil producers fail, and devote resources to stave off the climate crisis before it gets worse.