Truthout
Inflation
Warren Slams Hertz for Raising Prices 147 Percent While Pursuing $2B in Buybacks
The company paid out about $19 million in bonuses to executives surrounding its bankruptcy.
Oil and Gas Industry Profits Climbed as Americans Faced High Gas Prices in 2021
Consumer advocates say that high gas prices are due to “the deliberate policies of energy producers” to pad profits.
Inflation Is Bad for Those Who Profit From Your Mortgage Debt and Student Loans
Corporate media has largely failed to tell both sides of the inflation story, says journalist Jon Schwarz.
Using Inflation as an Excuse, Corporations Raised Prices & Increased Profits
The new data contradicts the widespread misconception that stimulus packages and other spending bills were to blame.
Raising the Standard of Living for Everyone Could Offset the Pains of Inflation
Decades of corporations monopolizing industries has given them the power to artificially inflate the prices of goods.
Not Everyone Is Feasting. Food Insecurity Is Much Higher Than Before COVID.
This is a crisis — magnified by the pandemic — not of food-production failures but of skyrocketing inequality.
CEOs Are Blaming Inflation for Price Hikes While Earning Record Compensation
The Dollar Tree CEO is pinning price hikes at stores on inflation, yet he was rewarded nearly $11 million last year.
Unemployment Falls to 5.8 Percent as Productivity Growth Quashes Inflation Fears
The recovery continues to disproportionately benefit workers with higher levels of formal education.
Trump Administration Wants to Redefine the Poverty Line, Shrinking Public Aid
A government by and for plutocrats wants to define millions of people out of poverty using statistical sleight of hand.
Will Trump’s Policies Wreak Havoc on the US and Global Economies?
Economics professor Gerald Epstein explains why Trump's economic policies will ultimately be extremely disruptive.