U.S. News

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Income inequality comes to Supreme Court, courtesy Justice Sotomayor

Justice Sonia Sotomayor is worried about income inequality's negative impact not only on the U.S. now, but on future generations.

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Understanding capitalism: Economic stagnation, non-traditional labor, and points of strategic focus

The CPUSA will meet in Chicago June 13-15 for its 30th national convention.

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“Another gift to the 1 percent:” Testimony Tuesday slams Ohio tax shift

A crowd led by Ohio state Rep. Nina Turner slammed GOP Gov. John Kasich's latest tax cut proposal as "just another gift to who least need it, Ohio's wealthiest top one percent."

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Top 4 radical conclusions from Piketty’s “Capital In The 21st Century”

 Nearly every economist of any reputation must now deal with the stunning evidence behind the inequality trends Piketty illuminates.

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“Organize, organize, organize”: 16,000 boost Women’s Economic Agenda

Sixteen thousand participants, in a post-State-of-the-Union phone conference Wednesday night, discussed a Women's Economic Agenda for the nation.

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Does December jobs report mean recovery?

Here the big question on the minds of most working people I talk to: is the talk of economic recovery from the 2008 depression BS? or for real?

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Jobless rate drops because 525,000 stop searching

The unemployment rate ended up at 6.7 percent in December, down from 7.9 percent at the end of 2012 and 0.3 percent but only because more than half a million people stopped looking for work altogether, leaving 12.3 million officially une3mployed..

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House GOP draining $600 million a week from economy

"It is fiscally irresponsible not to extend unemployment benefits. The long-run cost to the taxpayers will be much higher from disconnecting people from the labor market."

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Obama: Collective bargaining can close the income gap

In a wide-ranging speech on the state of the economy, President Obama took sharp aim at income inequality, citing the growing gulf between the rich and the rest of us.

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Detroit bankruptcy: Revenue, not spending, the problem

The ruling concerns the 23,500 retired city workers collecting pension benefits.

 

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