Truthout
Economy
GOP’s Debt Limit Plan Would Cost 2.6 Million Jobs, Report Finds
“House Republicans are playing politics with millions of jobs,” Sen. Elizabeth Warren said.
As US Reengages Maduro, Oil Giants Earn Deals — and Venezuelans Protest
The protests in Venezuela show a broad movement of people who are reaching the end of their tether amid inequality.
Our World Is Fragmented by Inequality. Why Is There Poverty Amid Plenty?
Scarcity is a political invention used to cover up vast reserves of capital that could be used to meet everyone’s needs.
Bitcoin ATM Companies Are Preying on the Poor
Bitcoin Depot has admitted to its investors that it relies on demographic data to strategically place its machines.
Migration, the Economy, Trade and Security on the Agenda at Mexico City Summit
The summit comes after Biden announced the U.S. will start blocking migrants from applying for asylum at the border.
Unemployment Steady at 3.7 Percent as Economy Adds 263,000 Jobs in November
However, rapid wage growth likely means the Fed will continue on its path of aggressive rate hikes for the near future.
The Fed’s Response to Rising Inflation Protects the Wealthy at Workers’ Expense
Leftist economists Gerald Epstein and Robert Pollin offer an alternative vision for how to combat rising inflation.
FTX Crypto Crash Threatens Life Savings of Working People
The dramatic collapse of the cryptocurrency exchange FTX was enabled by politicians’ hands-off approach on regulation.
Report: Big Shipping Companies’ Profits Increased 30,000 Percent Amid Inflation
House Oversight lawmakers blame inflation partially on “excess corporate price hikes” during the pandemic.
Abortion Bans Are a Direct Threat to Economic Security
Abortion and the economy are inextricably linked. Why are so few Democratic candidates making the connection?