Truthout
Inflation
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.
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.