Truthout
Inflation
Sanders Calls for Minimum Wage to Be Raised to at Least $17 an Hour
Because of inflation, fighting for a $15 an hour minimum wage is no longer enough, Sanders said.
Chevron More Than Doubled Its Profits Last Year as Gas Prices Squeezed Wallets
The profits report comes just two days after Chevron announced it’s tripling its stock buyback budget to $75 billion.
“The Rent Is Too High”: Warren, Bowman Ask Biden to Fight Crushing Housing Costs
The lawmakers warn that homelessness will continue to worsen as long as housing prices rise unmitigated.
Climate Crisis Made Everyday Life More Expensive in 2022
Here is a look at some of the ways climate change came back to bite us at the cash register in 2022.
US Multimillionaires’ Wages Rose in 2021, While Bottom 90 Percent Got Pay Cut
The bottom 90 percent got a wage cut in 2021, but the top 0.1 percent got a wage raise of 18.5 percent.
Large Utilities Have Made $14B in Profits as Millions Fall Behind on Payments
Roughly 1 in 6 households are currently behind on energy bills.
With No Child Tax Credit, Families Are Slipping Back Into Poverty Amid Inflation
Child poverty rates have crept back up since the program expired, leaving families struggling with food insecurity.
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.
The Right Did Worse Than Expected, But That Shouldn’t Satisfy Progressives
Organizing efforts paid off in the midterms, but the left’s work isn’t over yet.
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.