Truthout
Economy
22 States to Ring In New Year With Minimum Wage Increases
The federal minimum wage of $7.25 per hour hasn't changed since 2009.
“Nickels and Dimes”: Biden Touts $9B in Student Debt Relief as Payments Restart
Student loan payments resumed for the first time since 2020 on Sunday.
FTC and 17 States File Antitrust Lawsuit Against Amazon
"This is one of the most important antitrust cases in U.S. history," said a supporter of the federal agency's lawsuit.
Unemployment Ticked Up to 3.8 Percent in August — But Not Because of Layoffs
August jobs numbers show the threat of spiraling inflation appears to be shrinking.
Degrowthers Gain Support as Planet Cooks. Can They Ally With Green New Dealers?
Degrowth and its opponents recognize the necessity of mass movements and system change to address the climate emergency.
End of Pandemic-Era Child Care Aid Spells Crisis for Millions of Working Moms
Congress must take action to extend pandemic-era child care supports put in place under the American Rescue Plan Act.
Militant Black Unionism Offers Best Resistance to Growing White Nationalism
Organized Black labor combats the false barrier between racial and economic justice to achieve systemic change.
UPS Workers Prep to Strike for Demands That Would Improve Lives of Over 340,000
Negotiations have stalled after the company and the union failed to reach an agreement.
Why Is the Fed Seeking Advice From the Architect of Past Financial Meltdowns?
Fed Chair Jerome Powell has been looking to disaster-prone ex-Treasury head Larry Summers for insight, emails reveal.
Unemployment Is at a Half-Century Low as Economy Adds 253,000 Jobs in April
The unemployment rate for Black workers fell to 4.7 percent, a new record low.