Truthout
Inflation
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.
California Democrats Propose $25 Minimum Wage for Health Sector Workers
If passed, 1.5 million California workers could get a wage hike come January 2024, according to one estimate.
Over 30 Million in US Face “Hunger Cliff” as Food Benefit Cuts Loom
As COVID-era SNAP increases are rolled back, inflation and corporate profiteering will leave millions hungry next month.
From Taxing the Rich to Defending Social Security, Will Biden Deliver?
Amid GOP heckling, Biden embraced the rhetoric of economic populism in his State of the Union address.
750 Temple University Graduate Workers Walk Off the Job
Temple’s grad workers earn about $19,500 a year, while the average annual rent in Philadelphia runs about $23,000.