Truthout
Economy
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?
Climate-Related Cost-of-Living Increases Are a Harbinger of Future Crises
The harm done to people globally by the climate crisis will only be minimized if governments rein in corporate power.
Sanders Slams Republicans’ Plans to Cut Social Security and Medicare in Op-Ed
Sanders said that the “simple reality” is that Republicans aren’t concerned with issues facing the working class.
Xi Jingping Wins Third Term Amid Deteriorating US-China Relations
Ho-fung Hung explains why characterizing the U.S.-China rivalry as a “new Cold War” is misleading.
Without Ending Deadly Sanctions on Iran, There Can Be No “Woman, Life, Freedom”
The domestic economic policies in Iran are compounded by sanctions against the country, which hurt the most vulnerable.