Truthout
Economy
![A Blackrock office is seen from within the bushes that the photographer was evidently in while shooting](https://truthout.org/app/uploads/2024/08/2024_0816-blackrock-400x300.jpg)
From Weapons to Fossil Fuels — 10 Firms Control $50 Trillion of Global Wealth
A new book, “Titans of Capital,” shows how the 0.05 percent concentrate wealth by investing in industries of mass death.
![A woman shops in the pastry aisle of a grocery store](https://truthout.org/app/uploads/2024/07/2024_0722-grocery-shopping-400x300.jpg)
Largest Study on Guaranteed Basic Income Proves Transformative for Participants
Participants received $1,000 a month. They took better jobs, went back to school and started opening businesses.
![President Joe Biden speaks during a campaign rally at Girard College on May 29, 2024, in Philadelphia, Pennsylvania.](https://truthout.org/app/uploads/2024/06/2024_0627-biden-400x300.jpg)
Ahead of the Debates, What Are the Myths and Realities of Biden’s Economy?
Progressive economist Robert Pollin weighs in on “Bidenomics” and the economic policies of Trump’s administration.
![A United HomeCare Services home health aide, Wendy Cerrato, helps Olga Socarras get dressed during a visit on January 6, 2010, in Miami, Florida.](https://truthout.org/app/uploads/2024/06/2024_0620-home-health-care-aide-400x300.jpg)
The Most Common Essential Jobs in the US Don’t Pay a Living Wage
The economy is improving, but inequality is tearing the US apart. Democrats ignore working-class pain at their peril.
![President Joe Biden gives a thumbs up at the conclusion of a campaign rally at Girard College on May 29, 2024, in Philadelphia, Pennsylvania.](https://truthout.org/app/uploads/2024/06/2024_0610-biden-400x300.jpg)
A Majority of Voters Backing Biden Are Mostly Motivated by Stopping Trump — Poll
Only 27 percent of voters who plan to vote for Biden in the 2024 election say they genuinely like him as a candidate.
![Janet Yellen looks askanse at something out of frame](https://truthout.org/app/uploads/2024/05/2024_0521-janet-yellen-400x300.jpg)
Despite Historic Levels of Inequality, Yellen Opposes Global Billionaires’ Tax
The treasury secretary will not back a plan at the upcoming G7 to set a minimum rate for the planet's ultrawealthy.
![The Nebraska State Capitol at sunrise.](https://truthout.org/app/uploads/2024/03/2024_0318-nebraska-statehouse-400x300.jpg)
Dan Osborn Looks to Unseat Nebraska GOP Incumbent Backed by Defense Contractors
Osborn is backed by small donors and labor, and according to polling is leading the race by 2 points.
![A For Rent sign stands in front of a house in Chicago, Illinois.](https://truthout.org/app/uploads/2024/03/2024_0315-for-rent-400x300.jpg)
Rent Increases Are Driving Inflation — and Pessimism About Economy Under Biden
Democrats say the economy is great, but millions of tenants are struggling to pay historic rent increases.
![A chef puts a tamale between two buns](https://truthout.org/app/uploads/2024/03/2024_0311-street-vendor-400x300.jpg)
Cities Are Quietly Waging War on Marginalized Food Truck and Street Vendors
City leaders are clamping down on small entrepreneurs to protect the profits of their wealthy business allies.
![Woman walks past the New York stock exchange](https://truthout.org/app/uploads/2024/02/GettyImages-1554199899-400x300.jpg)
To Democratize Finance, We Must Take the Banks Away From the Bankers
Progressive economist Gerald Epstein explains how we can build a banking system that puts people over profit.