Truthout
Inflation
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.
Corporations’ Price-Gouging May Hurt Them in the Long Run, Says Economist
Consumers can afford to buy more when prices are lower; thus, corporations will make more money, says Chris Becker.
Fed’s Latest Interest Rate Hike Will Harm Most Vulnerable, Critics Say
With each rate hike — and other central banks following suit — warnings of a global recession have mounted.
The Poor Are Being Doubly Hit by Inflation and Policies to Combat Inflation
Global food insecurity has doubled since early 2020 amid high inflation, and the Fed is driving up housing costs.
Democracy Can’t Be Reduced to Voting in 2022 — We Must Build the Future We Want
Defending narrowly defined representational democracy is not enough. We need participatory, grassroots democracy.
Corporate Profits Surge to an All-Time High of $2 Trillion
As new federal data shows record-breaking profits, the vast majority of us are hit hard by corporate price-gouging.
Medically Vulnerable Families Among Those Hit Hardest by Soaring Inflation
Inflation is particularly detrimental to the health of low-income patients.
Britain’s Economic Unraveling May Be Boris Johnson’s Real Legacy
The combination of Brexit, the aftereffects of COVID-19 and the war in Ukraine has left the British economy weak.
Tenants Call on Biden to Act as Rent Increases Reach a 35-Year High
Housing advocates demand that President Biden declare a national emergency.
98 Million Skipped Treatment or Cut Back on Spending to Pay for Care This Year
Nearly 100 million Americans have made health or spending sacrifices to cover the rising cost of medical treatment.