Truthout
Economy & Labor
What Do Trump’s Tariffs Really Mean for the US Working Class?
Trump’s challenge to the neoliberal order is aimed at increasing capitalists’ profits, not helping workers.
LA Fires Didn’t Discriminate in Their Destruction — But Recovery Efforts Could
Amid rent gouging, land speculators and insurance woes, the cost of rebuilding may exceed working people’s means.
Trump Orders Imposition of High Tariffs on Canada, Mexico and China
Experts warned the steep tariffs on the nation's three largest trading partners would spike prices for US consumers.
Trump and Musk’s Agenda Is a True Threat to Aviation Safety, Progressives Warn
In the wake of a deadly air disaster, Trump and Musk aim to gut the federal workforce and eliminate regulatory efforts.
Tesla Paid Zero Federal Income Tax in 2024, Despite $2.3 Billion in Income
This brings Tesla’s average tax rate over the past three years to 0.4 percent.
House GOP Floats Plan to Cut Taxes for Corporations and the Ultrawealthy
Republicans propose slashing benefits for the poor and working class to pay for new tax cuts.
Chinese Startup DeepSeek Bests Silicon Valley’s ChatGPT in Major AI Upset
DeepSeek’s free, open-source AI model is upending financial predictions and causing major turmoil in the stock market.
Trump Ousts 2 Key Leaders at the National Labor Relations Board
Democratic NLRB member Gwynne Wilcox called her removal “unprecedented and illegal” and vowed to challenge the decision.
Trump’s Federal Funding Freeze Sparks Alarm and Confusion
Among other things, the move threatens programs and aid that millions in the US rely on.
Group Pushing Crypto Plan Is Tied to Project 2025, Fossil Fuel Operatives
The group’s plan to stockpile cryptocurrency would accelerate climate destruction — and taxpayers would foot the bill.