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July 29, 2022

Top News

Recession Fears Spark Calls to Stop Hiking Interest Rates and Rein In Corporate Greed

"As Americans stare down the abyss of a potential recession, Fortune 500 c-suite executives are doing better than ever," noted one critic, "while their workers' wages have severely lagged behind."

by Jessica Corbett

Price Gouging at the Pump Results in 235% Profit Jump for Big Oil: Analysis

"Make no mistake; these profits mark a large transfer of wealth from working- and middle-class people to wealthy oil executives and shareholders," said Jordan Schreiber of Accountable.US.

by Jessica Corbett

'Truly Disgusting': Alito Mocks Critics of Anti-Abortion Ruling as Pregnant People Suffer

"These people are right-wing political actors and aren't even trying to hide it," one observer said of the U.S. Supreme Court's majority.

by Jake Johnson

More Top News

* Climate Crisis Linked to Deadly Kentucky Floods

* Major Handouts in Manchin Deal 'Delighting' Oil and Gas Industry

* Climate Coalition to Biden and Schumer: Reject 'Fossil Fuel Expansion' in Manchin Deal

* Mediterranean Sea Ecosystem Threatened by Heat-Induced 'Marine Wildfire,' Scientists Warn

* Advocates Slam $0 for Child Care in Manchin Anti-Inflation Package

* Anti-War Voices Warn Against 'Insanely Provocative' Pelosi Visit to Taiwan

* Big Pharma Flooding Airwaves With Disinformation to Kill Drug Price Reform

VIEW ALL NEWS

Opinion

Debunking Four Myths About Inflation

Higher prices are not being driven by wage increases. They were not driven by federal assistance to people during the pandemic. And Democrats aren't to blame.

by Robert Reich

The Fed Will Be to Blame if the Economy Crashes Into a Recession

We don't need a recession-which would be devastating-to solve our inflation problem.

by Mark Weisbrot

Interest Rate Hikes Will Not Fix Inflation

Rather than making money harder to get, the U.S. government needs to focus on the other side of the demand vs. supply equation.

by Ellen Brown

VIEW ALL OPINION

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