Truthout
Economy & Labor

Regulation Won’t End Bank Crises. We Must Put Shadow Banks Under Public Control.
Regulations designed by banks to shield their interests will never be enough to halt banking crises, an economist warns.

Workers Fighting Union-Busting May Have a New Legal Tool at Their Disposal
A class-action lawsuit against a California-based grocery retailer could set a new precedent against union-busters.

Chilean President Announces Plan to Slowly Nationalize Lithium Industry
Leftist President Gabriel Boric promised to share mining benefits with indigenous communities, but may face opposition.

Critics Say House GOP’s Debt Ceiling Legislation Would Benefit Rich Tax Dodgers
The Republican bill, which also targets key aid programs and climate investments, faces long odds in Congress.

Officials Ignored Repeated Warnings About Migrant Children Being Used for Labor
“People were punished for bringing this to the attention of their supervisors,” says reporter Hannah Dreier.

Lockheed Martin Got $106 From the Average Taxpayer, While Renewables Got Just $6
Tax Day analysis also shows defense contractors received four times as much money as primary and secondary education.

Starbucks Workers Unionize 300th Store Less than 18 Months After First Win
“Starbucks baristas are writing labor history,” said organizer Michelle Eisen.

Oxfam Report: US Billionaires Almost a Third Richer Since COVID Hit
"Tax Day is a reminder that the tax system isn't working for ordinary Americans."

Historic Rutgers Strike Goes Into Day 5: Workers Demand Better Pay, Job Security
Even construction workers on campus have walked off the job, so as not to violate the picket lines, says Donna Murch.

80 Percent of Norfolk Southern’s Massive Profits Go Into Executives’ Pockets
The railway giant's corporate practices are under fire after the toxic East Palestine crash.