Truthout
Economy

84 Percent of Voters Say Corporate Greed Is Causing Inflation, Poll Finds
The proportion of Americans who say corporate greed is a “major cause” of inflation has risen by 15 percent since 2022.

A Growing Number of Economists Are Joining the Fight to Rein In the Big Banks
Big banks have captured the financial regulatory system and are driving inequality. We need to bust their club.

SEC’s Approval of Bitcoin Markets May Set the Stage for Financial Disaster
Irresponsible banking and deregulation are putting the world economy at risk.

Study: Half of Renters Paid Unaffordable Rates in 2022, a Record High
Since 2001, median rents have risen by 21 percent — while renters’ incomes have only increased by 2 percent.

The Only Solution to “Wealth Supremacy” Is a Democratic Economy
Our economy must center human outcomes rather than rising share prices, says social theorist and author Marjorie Kelly.

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.