Truthout
Economy & Labor
Trump Is Trying to Scare You With the “Socialism” Boogeyman
From public schools to subsidized farms and the internet, socialism has long existed in some form in the U.S.
Trump Halts Work on New Stimulus Bill, Says It Will Resume After He’s Reelected
Without a new stimulus, there may be “unnecessary hardship for households and businesses,” Fed Chair Jerome Powell said.
Capitalism Made Women of Color More Vulnerable to the COVID Recession
One in nine Black and Latina women age 20 and over became unemployed last month.
Debt Collectors Are Thriving This Year — and Now They’re Filing Even More Suits
After a pause for the pandemic, debt buyers are back in the courts, suing debtors by the thousands.
Investors Extracted Millions From Hospital Chain Struggling to Serve Patients
Private equity firms have extracted huge profits by targeting hospital chains that struggle to pay their bills.
Amy Coney Barrett Would Ensure an Anti-Worker Supreme Court
The potential for mass strikes and FDR's threat to pack the Supreme Court helped to protect key labor law.
Economy Adds an Abysmal 661,000 Jobs as Further Layoffs Loom
The large jump in long-term unemployment and people leaving the labor force are ominous signs for the future.
If Kushner Companies Default on Near-Record Loan, Taxpayers May Be on the Hook
The government-backed loans helped the Kushners buy thousands of apartments in their biggest purchase in a decade.
Reclaiming Life and Housing in an Era of Collapse
“We have a moral responsibility to make sure these people don't die," says activist Cheri Honkala.
Domestic Workers Are Organizing to Make Care Work a 2020 Election Issue
Organizers are working to make sure voters “only consider candidates who value and respect domestic workers.”