Truthout
Economy & Labor
Condé Nast Fires Union Leaders After They Confront Bosses on Teen Vogue Layoffs
The firings and gutting of Teen Vogue come amid a hard right pivot by media companies under Trump.
Data Centers Devour Electricity. Private Equity Is Buying Utilities to Cash In.
The seizure of public utilities for the sake of profit may lead to a disaster for consumers — and the planet.
Backing Trump Has Paid Off for Silicon Valley Billionaires Like Marc Andreessen
Lawsuits have been dropped and settlements renegotiated in favor of companies as the administration guts the CFPB.
If Trump Sells Student Loan Portfolio, Avenues of Debt Cancellation Could Close
Privatizing student loan debt would mean less protection for debtors, more suffering, and fewer paths to relief.
Many Warned That a Child Care Cliff Was Coming. It’s Now Here.
Facing budget shortfalls, states are quietly cutting child care funding — and families are running out of options.
With Big Tech Talking Government Backing, Has OpenAI Become “Too Big to Fail”?
Leaders at the AI company are scrambling to pacify concerns that the bubble around their company could soon burst.
As SNAP Crisis Continues, Trump Whines About Americans’ “Affordability” Concerns
Trump denied that voters’ concerns about the economy played a role in the GOP’s losses in this week’s elections.
Layoffs in 2025 Second-Highest Since 2009 in Potential Sign of Looming Recession
“Those laid off now are finding it harder to quickly secure new roles,” one of the report's authors said.
Trump’s White House Ballroom Is Being Bankrolled by Genocide and ICE Profiteers
The ballroom donor list also includes Wall Street and cryptocurrency firms that benefit from the president’s agenda.
Wealth Taxes Will Barely Slow Inequality. So Why Do the Super-Rich Resist Them?
A 2 percent wealth tax is like shaving off a fraction of a spire from a large cathedral, says economist Nancy Folbre.