Truthout
Economy & Labor
Lowest Paying Corporations Have Spent Half Trillion on Stock Buybacks Since 2019
Between 2019 and 2023, the 100 companies in the S&P 500 with the lowest median wages spent $522 billion on buybacks.
California’s Wealthy Wine Industry Routinely Endangers Health of Its Workers
Between wildfires and immigration status, California vineyard workers contend with a host of hurdles to their health.
From Weapons to Fossil Fuels — 10 Firms Control $50 Trillion of Global Wealth
A new book, “Titans of Capital,” shows how the 0.05 percent concentrate wealth by investing in industries of mass death.
Kenya Protests Against IMF-Backed Reforms Reflect Severity of Global Debt Crisis
Sustainably addressing the present crisis will require a fundamental reform of the global financial architecture.
Class Contradictions Were on Display as Democrats Courted Labor at the DNC
Differences could remain between unions and a potential Harris administration on Gaza and corporate allegiances.
Interest Rate Cuts Now Could Help Workers. But That’s Not Who the Fed Serves.
Progressive economist Gerald Epstein says the Fed is more sensitive to the needs of the wealthy few than the rest of us.
National Labor Relations Board Rules Amazon Must Bargain With Delivery Drivers
The decision marked “the beginning of the end for Amazon's favorite legal loophole,” said one grassroots labor group.
World Could Raise $2.1 Trillion Annually by Adopting Spain’s Wealth Tax
A tax on the top 0.5 percent of households could raise enough to finance climate action as well as other pressing needs.
Harris’s 4-Year Housing Plan Will Target Predatory Wall Street Landlords
In recent months, progressives and tenant organizers have worked to make housing central to the 2024 campaign.
Red States Get 85% of the Benefit of Climate Law. Some Still Hate It.
The vast majority of jobs and projects funded by the Inflation Reduction Act go to conservative states that back Trump.