Truthout
Inflation
Interest Rate Cuts Now Could Help Workers. But That’s Not Who the Fed Serves.
Progressive economist Gerald Epstein says the Fed is more sensitive to the needs of the wealthy few than the rest of us.
Ahead of the Debates, What Are the Myths and Realities of Biden’s Economy?
Progressive economist Robert Pollin weighs in on “Bidenomics” and the economic policies of Trump’s administration.
A Majority of Voters Backing Biden Are Mostly Motivated by Stopping Trump — Poll
Only 27 percent of voters who plan to vote for Biden in the 2024 election say they genuinely like him as a candidate.
Extreme Heat Is Driving Up Food Prices — and It’s Only Going to Get Worse
New research shows that climate change is already fueling heatflation.
Rent Increases Are Driving Inflation — and Pessimism About Economy Under Biden
Democrats say the economy is great, but millions of tenants are struggling to pay historic rent increases.
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.
2024 Will See Wave of Minimum Wage Hikes — But the Impacts Won’t Be Felt Evenly
Ten million US workers will see wage increases this year, but inflation has eroded our tools for reducing inequality.
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.
More Than Half of Americans Don’t Have Enough Savings to Cover $1,000 Expense
More than one in five Americans have no emergency savings fund set up at all.
Greedflation Accounts for 53 Cents of Every Dollar of Inflation in Past 6 Months
With the 2024 presidential election looming, 96 percent of Americans say inflation is an important issue to them.