Truthout
Inflation
Bowman Unveils Bill to Allow Biden to Identify Profiteering and Regulate Prices
The Emergency Price Stabilization Act would help protect the public from corporate profiteering, supporters say.
Exxon Laid Out Plans to Spend $30 Billion in Stock Buybacks as Gas Prices Soared
Oil companies raked in hundreds of billions of dollars in Q2 as gas prices reached an average of over $5 a gallon.
Fed Rate Hikes Are “Body Blow” to Workers Reeling From Pandemic
Experts forecast another economic recession in the United States with rising inflation and an unchanged minimum wage.
World Oil Production Is Rising, With No End in Sight
Global production is projected to rise to 126 million barrels a day by 2050. It's time to end the tyranny of oil.
Federal Minimum Wage Hasn’t Been Raised in 13 Years
Progressives are urging Democrats to raise the pay floor as inflation continues to diminish workers' purchasing power.
Report: CEOs Are Driving “Greedflation,” Raising Prices to Pay Themselves More
In 2021, CEO pay rose 18.2 percent. Workers' wages rose 4.7 percent.
Hiking Interest Rates Protects Financial Assets of the 1% at Workers’ Expense
The Fed doesn't need to hurt workers to curb inflation -- there are alternatives, says economist Gerald Epstein.
With Food Prices Up, a “Bean New Deal” May Be Part of the Answer
With beef and poultry prices rising, the government should ease spending on meat and pay farmers to plant beans.
“No Child Should Go Hungry”: Democrats Push to Extend Universal School Meals
The universal school meal program is set to end at the end of this month, leaving millions of children at risk.
Don’t Let Corporations Profit From Our Inflation Pain
Corporations are blaming rising prices on elected officials and worker organizing even as they rake in record profits.