Truthout
Economy
January Sees Strong Job Growth as Omicron Leads to Cuts in Hours, Not Jobs
There's little evidence that wage growth is slowing.
The Federal Reserve Has Fueled Wall Street at the Expense of the Rest of Us
The Federal Reserve stokes inequality, says Christopher Leonard, author of the new book “The Lords of Easy Money.”
MLK’s Poor People’s Campaign Isn’t Over. We’re Planning a Mass Protest for June.
King spent his last birthday organizing poor people of all races against immoral spending priorities.
Corporate Media Largely Ignore Labor Issues. Let’s Make Them Visible.
For years, the establishment press has utterly ignored workers and news about labor issues. Change is long overdue.
Monthly Child Tax Credit Payments Have Ended as Congress Debates Its Future
This month will be the first time since July that parents won’t be able to rely on the child tax credit.
As Cryptocurrency Becomes Mainstream, Its Carbon Footprint Can’t Be Ignored
As Bitcoin prices rise, so will incentive to mine it, creating a feedback loop that spells trouble for the climate.
“Tax the Rich:” 10 Billionaires Added $402 Billion to Their Fortunes in 2021
Amid a public health emergency and economic crisis, billionaires saw staggering growth in their wealth.
2021 Saw Gaps in Racial and Economic Inequality Widen. But There’s Still Hope.
These 11 charts highlight major inequality developments of the year.
Not Just Billionaires — the Average Rich Person’s Pay Has Risen During COVID
Wages grew much faster for top earners than they did for everyone else in 2020, reflecting a 40-year trend.
Congress Raises Debt Ceiling After Months of Republican Obstruction
Congress raised the ceiling just before the country was set to default on its loans, which would cause economic turmoil.