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Economy

President Trump talks to reporters while meeting with Iowa Governor Kim Reynolds in the Oval Office at the White House as he continues to promote re-opening business during the coronavirus pandemic, May 6, 2020, in Washington, D.C.
News
Economy & Labor

Trump Says Lost Jobs “Will All Be Back” Very Soon. Economists Disagree.

Unemployment jumped to 14.7 percent last month, and the economic crisis may not ease until 2023, some economists warn.
by
Chris Walker,
Truthout
May 8, 2020
Truthout
Jared Villarreal loads boxes into a trailer of a truck to be shipped out at Amazon's Fulfillment Center on March 19, 2019, in Thornton, Colorado.
News
Economy & Labor

Amazon Algorithm Is Manipulating Suppliers Into Favoring It Over Other Retailers

Amazon is strengthening its competitive position in ways that could outlast the pandemic, raising antitrust concerns.
by
Renee Dudley,
ProPublica
April 27, 2020
Truthout
Infectious Disease Expert Warns Against Reopening States Too Soon
Interview
Environment & Health

Infectious Disease Expert Warns Against Reopening States Too Soon

Increased testing is critical for the whole country. But where are the tests?
by
Amy Goodman &
Nermeen Shaikh,
Democracy Now!
April 23, 2020
Truthout
Senate Majority Leader Mitch McConnell speaks to reporters after exiting a meeting in the Hart Senate Office Building on Capitol Hill, March 20, 2020, in Washington, D.C.
News
Economy & Labor

Trump Reportedly Plans to Extort States Into Reopening by Holding Up Relief

Trump demands states reopen “soon” and thinks “additional funding could deter them from doing so,” officials say.
by
Igor Derysh,
Salon
April 21, 2020
Truthout
People sit on a hillside overlooking oil pumpjacks at the Huntington Beach Oil Fields amidst the coronavirus pandemic on April 20, 2020, in Huntington Beach, California. Oil prices traded in negative territory for the first time as the spread of COVID-19 impacts global demand.
Op-Ed
Economy & Labor

The Day Petroleum Was Less Than Worthless

We now know that oil can cease to be important without the Earth tumbling into the sun. Where do we go from here?
by
William Rivers Pitt,
Truthout
April 21, 2020
Truthout
Vice President Mike Pence and Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, attend a briefing on the coronavirus pandemic, in the press briefing room of the White House on March 24, 2020, in Washington, D.C.
News
Economy & Labor

Lifting Stay-in-Place Rules Won’t Fix Economy If Virus Still Rages, Fauci Says

The economy won’t recover “unless we get the virus under control,” Fauci contends.
by
Chris Walker,
Truthout
April 20, 2020
Truthout
President Trump, flanked by Vice President Pence and Director of the National Institute of Allergy and Infectious Diseases Anthony Fauci, speaks during the daily briefing on the novel coronavirus in the Brady Briefing Room of the White House on April 16, 2020, in Washington, D.C.
News
Economy & Labor

New Trump Plan to Reopen Economy Contains No National COVID-19 Testing Strategy

Public health experts and business leaders have warned that the U.S. must significantly expand its testing capacity.
by
Jake Johnson,
Common Dreams
April 17, 2020
Truthout
President Trump displays an executive order he has just signed during an event at the Ronald Reagan Building and International Trade Center, July 10, 2019, in Washington, D.C.
News
Economy & Labor

Outrage Erupts as Trump’s Vanity Stunt Delays Delivery of Stimulus Checks

Trump is delaying delivery of stimulus checks to add his name — something a U.S. president has never demanded before.
by
Chris Walker,
Truthout
April 15, 2020
Truthout
President Trump speaks during the daily briefing of the White House Coronavirus Task Force at the James Brady Press Briefing Room of the White House, April 13, 2020, in Washington, D.C.
Op-Ed
Politics & Elections

Trump Says His “Authority Is Total.” In Response, Governors Are Rebelling.

Do not listen to the president.
by
William Rivers Pitt,
Truthout
April 14, 2020
Truthout
President Trump speaks during an Easter address in the Oval Office of the White House on April 10, 2020, in Washington, D.C.
News
Politics & Elections

Trump Asserts He Alone Has Authority to Reopen Economy — Experts Say Otherwise

Experts argue Trump’s reasonings don’t make sense, since it was governors, not he, who closed things down.
by
Chris Walker,
Truthout
April 13, 2020
Truthout
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