Business

A photo of Harriet Tubman

What We’ll Be Celebrating When Harriet Tubman Appears on the 20-Dollar Bill What We’ll Be Celebrating When Harriet Tubman Appears on the 20-Dollar Bill

Constantly underestimated, she risked her life and freedom to liberate others and was committed to building a political system that endowed women and people of color with the same ...

Mar 31, 2023 / Clarence Lusane

A man does a banking transaction at a Citibank ATM fast cash machine.

What if the People Owned the Banks? What if the People Owned the Banks?

The case for public banking.

Mar 28, 2023 / Katrina vanden Heuvel

Tents sit on a grassy field under palm trees

The Cost of Housing in America Has Become Untenable The Cost of Housing in America Has Become Untenable

A permanent cohort of people without housing has come to seem like a natural part of American life.

Mar 22, 2023 / Rebecca Gordon

Corporate America Is No Longer Pretending to Care About Diversity

Corporate America Is No Longer Pretending to Care About Diversity Corporate America Is No Longer Pretending to Care About Diversity

In what should be a surprise to no one, corporations are quietly trimming the “Diversity, Equity, and Inclusion” teams they loudly championed in 2020.

Mar 22, 2023 / Column / Elie Mystal

What Elizabeth Warren, Larry Summers, and Paul Krugman All Got Wrong About SVB

What Elizabeth Warren, Larry Summers, and Paul Krugman All Got Wrong About SVB What Elizabeth Warren, Larry Summers, and Paul Krugman All Got Wrong About SVB

It’s a war for the dollar—and the big banks. The rest of us better hold on tight.

Mar 21, 2023 / James K. Galbraith for The Nation

Elizabeth Warren greets Jerome Powell

Elizabeth Warren Is Right: Jerome Powell Should Be Held to Account Elizabeth Warren Is Right: Jerome Powell Should Be Held to Account

With the Silicon Valley Bank collapse, the senator demands an independent investigation of the Fed, and says Powell should not continue as its chair.

Mar 21, 2023 / John Nichols

James Reimer without mask

The NHL Stares Down Bigotry—and Blinks The NHL Stares Down Bigotry—and Blinks

James Reimer’s refusal to wear a Pride jersey during warm-ups of a game was not religious. It was political.

Mar 20, 2023 / Dave Zirin

Barney Frank at news conference

Democrats Face a Terrible Reckoning on Bank Bailouts  Democrats Face a Terrible Reckoning on Bank Bailouts 

Barack Obama, Nancy Pelosi, Barney Frank, and a phalanx of senators are way too cozy with finance capital.

Mar 17, 2023 / Jeet Heer

Sir Francis Bacon

Just Because ChatBots Can’t Think Doesn’t Mean They Can’t Lie Just Because ChatBots Can’t Think Doesn’t Mean They Can’t Lie

Or that they haven’t already started to pollute Google searches. And if publishers win their lawsuit against the Internet Archive, verifying facts and quotes will get a lot harder.

Mar 17, 2023 / Maria Bustillos

A Silicon Valley Bank office is seen in Tempe, Arizona, on March 14, 2023. - With hindsight, there were warning signs ahead of last week's spectacular collapse of Silicon Valley Bank, missed not only by investors, but by bank regulators. Just why the oversight failed remained a hot question among banking experts, with some focusing on the weakness of US rules. (Photo by REBECCA NOBLE / AFP) (Photo by REBECCA NOBLE/AFP via Getty Images)

A Death in the Valley: What the End of SVB Reveals About VC Class Solidarity A Death in the Valley: What the End of SVB Reveals About VC Class Solidarity

With the banking system sitting on $620 billion in paper (unrealized) losses, this saga may be far from over.

Mar 17, 2023 / Doug Henwood

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