Truthout
Inflation
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.
Fed Reserve Rate Hikes May Set Stage for Financial Crises in Global South
Monetary policy to control inflation in the U.S. has significant impacts on poor and indebted nations.
Will UK Conservative Party Lose Parliamentary Seats Amid Multi-Sector Strikes?
Recent polls show the British public trusts the Labour Party will handle the economy better than the Conservatives have.
Lawmakers Quietly Gave Weapons Firms a Bailout for So-Called Inflation Relief
Lawmakers fundamentally transformed the law in the defense bill to enable price increases for Pentagon contracts.
Warren Demands Answers on Soaring Egg Prices as Top Producers’ Profits Skyrocket
Egg prices have climbed 150 percent over the last year while the top egg producer has raked in record profits.