Truthout
Economy
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.
Inflation and Jobless Claims Are Rising. Economists Blame Trump’s Tariffs.
The cost of food and other household items saw a big jump in August alone.
Experts Blame Trump’s Tariffs for Cratering Job Creation
The new jobs report showed a grim outlook for the economy, with particularly dire impacts on manufacturing.
Democratic Senators Demand Banks Disclose Policies on Predatory Overdraft Fees
Earlier this year, Trump repealed a $5 cap on most overdraft fees that was set to go into effect in October.
US-Based Companies Announce Record Number of Impending Layoffs
“DOGE Actions” was the number one reason cited by employers for their planned job cuts.
Trump’s Motives Can Be Opaque. I Asked a Feminist Economist to Bare Them.
Trump’s policies cater to the 1 percent, but they don’t neatly align with capitalist interests in the traditional sense.