Truthout
Economy & Labor
The 10 Largest Deposit Accounts at SVB Held $13 Billion, FDIC Chair Says
One researcher called the SVB bailout “a good illustration of the enormous class bias in American policymaking.”
Report: Trump, Bush Tax Cuts Have Largely Driven National Debt Issues Since 2001
“The United States does not have a high-spending problem; it has a low-tax problem,” the report concludes.
Sanders-Led Committee Releases Damning Report on Starbucks’s Anti-Union Activity
“Starbucks has engaged in the most significant union-busting campaign in modern history,” said Sen. Bernie Sanders.
Men Dominate the Corporate World, But Replacing Them With Women Isn’t the Answer
Women CEOs are becoming slightly less rare, but more women billionaires won't lead to greater equity for all.
Corporate Real Estate Investors Are Accelerating the Affordable Housing Crisis
Four out of five homes are unaffordable to median income earners, thanks in large part to unlisted corporate purchases.
The Graduate Worker Unionization Movement Is Spreading Like Wildfire
Recent months have seen a series of landslide victories in graduate worker union elections across the country.
LA School Workers Win Historic Deal After 3-Day Strike
The agreement includes significant boosts to school workers' average pay, benefits, and minimum wage.
Starbucks Union Unveils 7 Unionizing Stores During Company Shareholder Meeting
With the new filings, the union inches closer to the landmark of 300 stores voting to unionize.
Sanders Introduces Bill to Stop Bank CEOs From Serving as Fed Bank Regulators
The CEO of Silicon Valley Bank was a member of the San Francisco Fed board up until the day his bank collapsed.
Labor History Can Help Us Learn to Fight Like Hell
“It's so important for us to know this history,” says author Kim Kelly.