Truthout
Inflation
Economy Added 261,000 Jobs in October as Wage Growth Settles at 3.9 Percent
Job growth was strong across sectors, but it was especially strong in health care and manufacturing.
Companies’ Price Hikes Fuel Inflation. Why Isn’t the Fed Talking About It?
Progressive economists have estimated that corporate profits are to blame for 40 to 50 percent of price increases.
Climate-Related Cost-of-Living Increases Are a Harbinger of Future Crises
The harm done to people globally by the climate crisis will only be minimized if governments rein in corporate power.
Warren, Sanders Slam Federal Reserve’s “Disregard” for Working Families
Lawmakers are criticizing the Federal Reserve’s relentless rate hikes, which are projected to put millions out of work.
“Political Game Changer”: Biden Calls for Tax on Big Oil’s Excess Profits
“This is exactly the type of leadership we’ve been waiting for from President Biden,” one climate activist said.
“This Is What Price-Gouging Looks Like”: Exxon Profits Break All-Time Records
Exxon has posted third-quarter profits of $19.7 billion — the highest ever posted by an international oil company.
Biden’s Critique of Big Oil Won’t Have Teeth Without Windfall Tax, Activists Say
Campaigners say Biden must take action instead of asking oil companies to voluntarily stop padding their bottom lines.
Khanna and Blumenthal Propose Bill to Cut All Weapons Sales to Saudi Arabia
The two Democrats proposed the bill after OPEC's decision to slash oil production, which aims to keep gas prices up.
Fears of a Housing Crash Threaten Life Savings of Tens of Millions in the US
The Federal Reserve’s policies are also pushing home ownership further out of reach for first-time buyers.
Spain Passes “Solidarity” Wealth Tax on Top 0.1 Percent
Spanish taxpayers who own more than $2.9 million in assets will be subject to the new measure.