Truthout
Economy
White House Touts “Relief” as Data Shows Prices Rising Ahead of Thanksgiving
Sixty percent of voters believe that Trump is making the state of the economy sound better than it is, polling shows.
Trump Tells McDonald’s Owners US Is in a “Golden Age” — the Stats Say Otherwise
Trump insisted his economy was doing wonders, despite the cost of a Big Mac and other items going up.
Vance Blames Immigrants, Biden in Response to Affordability Questions
There is no significant relationship between immigration rates and rising housing costs in the US, experts have said.
Trump’s Reckless Tariff Flailing Is a Destructive Turn by a Declining Power
The recent US-China trade truce may hold, but Trump's constant policy swerves make industrial peace unlikely.
Average US Family Is Now Paying $700 More Per Month on Basic Needs Under Trump
A report by Democrats on the congressional Joint Economic Committee blames the president's tariffs for inflation.
Majority of Americans Support Mamdani’s Affordability Proposals, Poll Finds
Nearly 7 in 10 respondents said they back the mayor-elect’s proposal to raise taxes on corporations and the 1 percent.
With Big Tech Talking Government Backing, Has OpenAI Become “Too Big to Fail”?
Leaders at the AI company are scrambling to pacify concerns that the bubble around their company could soon burst.
As SNAP Crisis Continues, Trump Whines About Americans’ “Affordability” Concerns
Trump denied that voters’ concerns about the economy played a role in the GOP’s losses in this week’s elections.
Layoffs in 2025 Second-Highest Since 2009 in Potential Sign of Looming Recession
“Those laid off now are finding it harder to quickly secure new roles,” one of the report's authors said.
22 States Are in Recession or Heading Toward One. The Shutdown Could Worsen It.
Moody’s Analytics looked at data predating the shutdown when the country's economic situation was already dismal.