Truthout
Economy & Labor
Reformers Win Big in United Auto Workers Election, Reject Entrenched Leadership
The progressive Members United slate may win every seat they ran for and force the union president into a runoff.
Financial Technology Firms Made “Massive Profits” on PPP Loans, Engaged in Fraud
A congressional report finds lax anti-fraud standards, execs who cashed in, and contempt for small loan applicants.
With No Child Tax Credit, Families Are Slipping Back Into Poverty Amid Inflation
Child poverty rates have crept back up since the program expired, leaving families struggling with food insecurity.
Railroad Workers Slam Biden for Siding With Bosses to Avoid Strike
Frustrated railroad workers consider allying with a third party after a push for paid sick leave failed in Congress.
Unemployment Steady at 3.7 Percent as Economy Adds 263,000 Jobs in November
However, rapid wage growth likely means the Fed will continue on its path of aggressive rate hikes for the near future.
As a UC Academic Worker, I Need a Contract That Addresses the Cost of Living
A vocal rank-and-file movement is emerging to reject a contract that pays us anything less than a living wage.
Drug Industry’s Chief Lobbying Group’s Revenue Surpassed $609 Million in 2021
The Pharmaceutical Research and Manufacturers of America spent more money than ever on lobbying the federal government.
Senate Blocks Sick Leave Plan, Imposes Rail Contract in Plainly Anti-Union Move
The vote overrides the will of thousands of union workers who voted against the contract.
Starbucks Must Bargain With Hometown Union After Breaking Law, Labor Board Rules
The company has openly admitted to refusing to bargain with the store, the labor board found.
New Bill Targets Hedge Fund Stranglehold on Housing Market
The legislation aims to prevent rich investors from taking advantage of renters and limiting homeownership.