Truthout
Economy
Trump Adviser Hassett Claims Americans Are “Optimistic” About State of Economy
Nearly 6 in 10 Americans say the economy is “getting worse,” according to recent polling data.
Despite Climate Policy Setbacks, a Just Transition Is Still Within Reach
Many US states have the ability to implement climate stabilization programs and become carbon-neutral by 2050.
WH Adviser Says Americans’ Economic Anxiety Due to Fast Pace of “Good” Changes
Consumer prices increased by 3.8 percent over the past year, the highest rate seen since 2023.
West Bank Faces Economic Crisis as Israel Withholds Tax Revenue and Work Permits
Israel is choking off financial prospects in the West Bank, pushing Palestinians there toward a breaking point.
Palestinians Observe May Day Amid a Deepening Crisis for Workers
Years of war and genocide have devastated our labor market and living standards.
Prolonged Closure of Strait of Hormuz May Lead to Global Hunger Catastrophe
A global food crisis is unfolding amid “the worst debt crisis on record” for developing countries, says Adam Hanieh.
Trump Admin Report: Pre-Iran War Gas Prices Won’t Return Until After 2027
Nearly 7 in 10 Americans describe rising gas costs as “extremely” or “very” concerning, a new poll found.
US-Israeli War on Iran Is Intensifying All of Global Capitalism’s Problems
This war is widening the deep systemic problems that were already present before February 28, says scholar Adam Hanieh.
Amid War, the Middle East Remains a Key Center of the Global Economy
Damage to the region’s logistical networks and infrastructure will have a big ripple effect down global supply chains.
Trump’s Iran War May Mark the Beginning of the End for Dollar-Backed US Empire
Radical economist Costas Lapavitsas discusses the crumbling of the dollar-backed world system and what could be next.