Truthout
Economy & Labor
Backing Trump Has Paid Off for Silicon Valley Billionaires Like Marc Andreessen
Lawsuits have been dropped and settlements renegotiated in favor of companies as the administration guts the CFPB.
If Trump Sells Student Loan Portfolio, Avenues of Debt Cancellation Could Close
Privatizing student loan debt would mean less protection for debtors, more suffering, and fewer paths to relief.
Many Warned That a Child Care Cliff Was Coming. It’s Now Here.
Facing budget shortfalls, states are quietly cutting child care funding — and families are running out of options.
With Big Tech Talking Government Backing, Has OpenAI Become “Too Big to Fail”?
Leaders at the AI company are scrambling to pacify concerns that the bubble around their company could soon burst.
As SNAP Crisis Continues, Trump Whines About Americans’ “Affordability” Concerns
Trump denied that voters’ concerns about the economy played a role in the GOP’s losses in this week’s elections.
Layoffs in 2025 Second-Highest Since 2009 in Potential Sign of Looming Recession
“Those laid off now are finding it harder to quickly secure new roles,” one of the report's authors said.
Trump’s White House Ballroom Is Being Bankrolled by Genocide and ICE Profiteers
The ballroom donor list also includes Wall Street and cryptocurrency firms that benefit from the president’s agenda.
Wealth Taxes Will Barely Slow Inequality. So Why Do the Super-Rich Resist Them?
A 2 percent wealth tax is like shaving off a fraction of a spire from a large cathedral, says economist Nancy Folbre.
Supreme Court Tariffs Case Will Test Limits of Presidential Emergency Powers
The decision could shape whether the use of emergency powers to bypass Congress becomes a tool of routine governance.
10 Richest People in the US Gained Nearly $700B in Wealth Since Trump Reelection
In 2025, the share of total US assets owned by the wealthiest 0.1 percent reached its highest level on record.
The Future of Palestine Solidarity in US Labor Will Come From the Rank and File
Palestine has always been a labor issue — but until recently, many top US union leaders have been on the wrong side.
Library Admins Are Using Public Money to Hire Union Busters Against Workers
“We don’t want to be fighting for what we already agreed to,” said a Maryland public library worker.
Elon Musk Wants $1 Trillion to Build a “Robot Army” at Tesla
The Take Back Tesla campaign is urging shareholders to reject Musk's proposed $1 trillion compensation package.