Truthout
Economy & Labor

Debtors’ Island: How Puerto Rico Became a Hedge Fund Playground
Once touted as the showcase of US-led economic development, debt-strapped Puerto Rico is currently embroiled in a struggle for survival.

Wall Street Should Pay a Sales Tax, Too
When a high-rolling trader buys millions of dollars' worth of stocks or derivatives, there's no levy at all.

Economic Update: Efficiency — Capitalist vs. Human
This episode provides updates on tax issues, and more.

Are US Politicians Serious About Tackling Corruption?
Bank Whistleblowers United tell us how they can restore the rule of law to Wall Street and avoid the next financial crisis.

Leaked Memo Reveals IMF (Still) Wants Out of Greece Bailout
The IMF team is frustrated that the European Commission is sticking to fiscal surplus targets for Greece that the IMF regards as unrealistic.

It’s Been 25 Years Since Restaurant Workers Got a Raise
April 1 marked the 25th year the federal tipped minimum wage has been frozen at an abysmal $2.13 per hour.

A Trade Deal for the 21st Century: An Alternative to the Trans-Pacific Partnership
It is possible to envision a different pattern of trade which will offer benefits for the bulk of the population of the US and also for our trading partners.

On the News With Thom Hartmann: Scalia’s Absence Has Led to Progressive Supreme Court Victories, and More
Justice Antonin Scalia was a champion of so-called conservative values.

Amid Price Plunge, North American Oil and Gas Workers Seek Transition to Renewable Sector
As oil prices continue to drop, workers laid off by the shale bust in the U.S. are also transitioning.

Unemployment Rate Edges Higher as Prime-Age Workers Re-enter Labor Market
Self-employment has risen substantially since the ACA took effect.