Truthout
Economy
Cryptocurrency May Wreak Havoc on Economy — Especially on People With No Assets
A sudden uptick in hedge fund failures and corporate bankruptcies could lead to mass layoffs and a recession.
Degrowth Policies Cannot Avert Climate Crisis. We Need a Green New Deal.
A Green New Deal is the only way climate stabilization can become fully consistent with raising global living standards.
Job Gains Driven by Growth in Sectors Hit Hard by Pandemic
Education, restaurants and hotels helped drive another solid jobs report, despite a small rise in unemployment.
Wages Are Rising Unequally — With Black Men and Latinas Seeing the Fewest Gains
Disparities in wage raises are the latest example of the pandemic's unequal impacts.
Bipartisan Infrastructure Deal Could Cut Unemployment Benefits, Experts Warn
A bipartisan group of senators believes $80 billion in revenue can be derived from a crackdown on “unemployment fraud.”
Unregulated Cryptocurrency Bubble Could Send the Economy Into a Tailspin
Bank regulators are rushing to create cryptocurrency rules amid fears that a crypto crash could have wider effects.
Florida Becomes 23rd GOP-Led State to Slash Jobless Benefits
Observers have stressed the damage that slashing unemployment benefits will do to the still-ailing U.S. economy.
Rev. Barber Calls for “Third Reconstruction” to Lift 140 Million Out of Poverty
“There is not a scarcity of resources,” says Barber. “What there is is a scarcity of social justice conscience.”
California Trial of Universal Basic Income Inspires More Cities to Follow Suit
More and more municipalities are showing interest in reimagining how to ensure economic stability for their residents.
The Economic Recovery Is Mostly Benefiting White Families
Black and Latino workers were more likely to lose their jobs during the pandemic -- and less likely to qualify for aid.