Truthout
Economy & Labor
Corporations’ Price-Gouging May Hurt Them in the Long Run, Says Economist
Consumers can afford to buy more when prices are lower; thus, corporations will make more money, says Chris Becker.
International Interference in Haiti Is Crushing Its Garment Industry
An anticipated 20,000 garment-sector jobs may be on the chopping block by year’s end.
Congressional Staffers Are Holding Their First-Ever Union Vote
Staffers for Rep. Andy Levin are the first congressional workers to vote on unionization.
Unionized Boston Starbucks Workers Celebrate Win After 64-Day Strike
Management conceded to workers’ main demand after they picketed 24 hours a day for two months, workers say.
Fed’s Latest Interest Rate Hike Will Harm Most Vulnerable, Critics Say
With each rate hike — and other central banks following suit — warnings of a global recession have mounted.
Philadelphia Home Depot Workers File to Form Company’s First Ever Retail Union
Workers have filed a petition to cover 274 employees at what will likely be the company’s first-ever store union.
More Than 1,000 Teamsters Rally Outside Amazon’s Seattle Headquarters
Teamsters Union members were denouncing the tech titan's “union-busting tactics and dangerous labor practices.”
Renowned Economists Urge “Emergency” Corporate Taxes to Avert Global Recession
A new report says it's crucial to tax “the multinationals and the super-rich,” who have benefited from recent crises.
The Poor Are Being Doubly Hit by Inflation and Policies to Combat Inflation
Global food insecurity has doubled since early 2020 amid high inflation, and the Fed is driving up housing costs.
More US Employers Are Trapping Workers in a New Form of Indentured Servitude
Bosses in more industries are preventing workers from quitting by charging them for training costs if they leave.