Truthout
Economy & Labor
Los Angeles Passes US’s Highest Minimum Wage as Labor Prepares for 2028 Olympics
Meanwhile, unions organize as over 100 hotel and catering contracts in the area expire in the run-up to the Olympics.
Trump Greenlights US Steel Merger Despite Campaign Promise to Scrap Deal
United Steelworkers President David McCall called the move “a disaster for American Steelworkers.”
Critics of FTC’s Decision to Drop PepsiCo Suit Say Consumers Will Pay the Price
The all-Republican commission abandoned a lawsuit accusing PepsiCo of providing Walmart with pricing advantages.
Will GOP Tax Cuts Pay for Themselves? Nonpartisan Analysis Says Not at All.
The Institute on Taxation and Economic Policy said the cuts will barely boost the economy and mostly go to the rich.
The “Oligarch’s Budget” Wages War on Poor Americans
Unless you’re very wealthy, this bill will ultimately leave you worse off and more economically vulnerable.
Trump’s “Big Beautiful Bill” Redistributes Wealth From the Poor to the Rich
The CBO has estimated at least 15 million people would lose health care coverage due to the bill’s cuts to Medicaid.
Free Trade Has Hurt Global Labor Conditions. Trump’s Tariffs Won’t Help Them.
Corporations are likely to respond to the tariffs by further exploiting overseas workers to keep the profits flowing.
Wage Stagnation Has Made “Minimal Quality of Life” Out of Reach for Most in US
New research finds the cost of maintaining a “dignified” life in the US has doubled since 2001.
Proposed Budget Bill Boasts Historic Medicaid Cuts. Some Republicans Want More.
GOP hardliners are reportedly pursuing an end to states' Medicaid expansions and an earlier start to work requirements.
Behind Trump and DOGE’s Reckless Destruction Is a Determination to Crush Workers
The future of collective bargaining and labor rights in the United States is on the table.