Truthout
Economy & Labor
FTX Crypto Crash Threatens Life Savings of Working People
The dramatic collapse of the cryptocurrency exchange FTX was enabled by politicians’ hands-off approach on regulation.
NLRB Seeks Nationwide Court Order Barring Starbucks From Firing Union Activists
According to the union, Starbucks has gone on a firing spree and terminated 150 pro-union workers so far.
Twitter Employees Are Being Fired for Criticizing Musk on Slack
The Twitter CEO showed open contempt toward the workers he fired after they criticized him internally.
Tenants Demand Emergency Measures From White House as Rents Skyrocket
White House officials met with tenants on Monday but did not commit to declaring a housing emergency.
Biden May Extend Student Loan Payment Pause Again Amid Court Battles
Debt advocates say that extending the pause again is the bare minimum that Biden can do to help student loan debtors.
48,000 UC Academic Workers Walk Off Job in 2022’s Biggest Strike So Far
This is the largest academic strike in higher education ever waged in the U.S., according to the union.
Democrats Have Just Weeks to Avoid Labor Board Funding “Catastrophe,” Union Says
The NLRB’s budget has remained stagnant for nine years, severely undermining its ability to enforce labor laws.
As Workers Flee China’s Largest iPhone Factory, Activists Say Apple Is to Blame
Videos show workers attempting to flee a Foxconn factory where they're essentially imprisoned to produce the iPhone 14.
Labor Department Accuses Slaughter House Company of Employing Dozens of Children
An investigation found Packers Sanitation Services Inc. employed children as young as 13 to clean dangerous machinery.
The Working Class Lost the $2 Billion Powerball Lottery
The lottery is effectively a regressive tax that often replaces state funding for education with ticket revenue.