Truthout
Economy & Labor
First Wall Street Criminal Confession in a Generation … Still No One in Jail
Bill Black: SAC Capital Advisors pleads guilty to insider trading, but owner Steven Cohen has yet to face criminal prosecution.
Bill Moyers: Yves Smith and Dean Baker on Secrets in Trade
The Trans-Pacific Partnership is deliberately shrouded in secrecy, a trade deal powerful people, including President Obama, don't want you to know about.
Support for Robin Hood Tax Growing, but Majority of Democrats Not on Board
Robin Hood tax supporters National Nurses United, economist Jeffrey Sachs, and European Parliament VP tell Congress to support “no brainer” tax on Wall Street.
Out of the Mouths of Babes
My seven-year-old daughter’s new favorite song is, no joke, “Banks of Marble,” sung by Pete Seeger.
Economic Update: Banks and Austerity
Updates on Goldman Sachs charity/PR, bank scandals, housing ‘recovery’ exposed, suicides rise in Kansas and a Benedictine Nun leading a new anti-austerity party in Catalonia.
Laura Gottesdiener: On Housing and Fighting Back Against Dreams Delayed
Stores like Walmart, Costco and Home Depot are providing financial products like mortgages and various loans.
The Story of Solutions
What if the goal of our economy wasn't more, but better?
Immigration “Bed Mandate” Requires 34,000 People Detained Each Day
Activist points to increasing privatization of detention centers as being behind mandatory detention rules in immigration reform bill.
Why JPMorgan May Be Getting Off Easy
Last Friday JPMorgan Chase reached a tentative $13 billion settlement with federal prosecutors for its alleged manipulation of mortgage securities, which helped trigger the Great Recession.
US Chamber Contributors Almost Completely Secret, Public Citizen Study Finds
A new Public Citizen report shows the vast majority of the U.S. Chamber's annual expenditures comes from undisclosed sources.