Truthout
Economy & Labor
Trump’s Big Bailout Is a Recipe for Fraud and Scandal
There will be those who are unjustly rewarded and others who should have been rescued.
Stock Sales by GOP Sen. Kelly Loeffler Trigger Allegations of Insider Trading
A report reveals Loeffler unloaded millions of dollars in stocks from industries hit hard by the fallout from COVID-19.
Trump to Hold In-Person Meeting With Big Oil CEOs to Discuss COVID-19 Relief
It looks like the administration is planning, in plain sight, to push a massive bailout for the fossil fuel industry.
Amid Pandemic, Workers Walk Out, Building Momentum Toward General Strike
Instacart, Whole Foods and Amazon workers are walking off the job to demand better pay and protections amid COVID-19.
Chomsky: Ventilator Shortage Exposes the Cruelty of Neoliberal Capitalism
Obama ordered more ventilators, but corporate profit motives derailed the effort, leaving us unprepared for COVID-19.
Tenants Organize Strikes, Demand Rent Relief as COVID-19 and Unemployment Surge
Despite eviction moratoriums and relief on mortgage payments in hard-hit states, no rent freeze has been ordered.
After Securing Corporate Bailout, Trump and GOP Largely Oppose New Stimulus
Progressives say a fourth stimulus bill is necessary to address the deep flaws in the measure Trump signed last week.
As Fashion Lines Are Praised for Making Face Masks, Don’t Ignore Garment Workers
Many workers making the masks face a risk of infection at work and some lack access to bathrooms with soap and water.
Could COVID-19 Spell the End of the Fracking Industry as We Know It?
New Mexico is just one state whose fracking boom appears poised to fall off an economic cliff amid the pandemic.
Trump Announces Plan to Refuse Congressional Oversight of Corporate Bailout
The president intends to give Treasury Secretary Steven Mnuchin free reign over the $500 billion bailout fund.