Business

Federal Reserve Chair Jerome Powell Testifies Before The Senate Banking Committee

The Latest Banking Crisis Is Brought to You by the Federal Reserve The Latest Banking Crisis Is Brought to You by the Federal Reserve

There’s a lot of blame to go around for the failure of the Silicon Valley Bank. But the Fed’s myopic attitude towards inflation bears much of the responsibility.

Mar 17, 2023 / Sasha Abramsky

People outside Silicon Valley Bank with security guards allowing them in.

Silicon Valley Bank Didn’t Fund Black Lives Matter Silicon Valley Bank Didn’t Fund Black Lives Matter

The lies peddled by Fox News are getting more and more blatant.

Mar 16, 2023 / Joan Walsh

Why Is the Republican Party Suddenly Weakening Child Labor Laws?

Why Is the Republican Party Suddenly Weakening Child Labor Laws? Why Is the Republican Party Suddenly Weakening Child Labor Laws?

Rolling back restrictions on child labor and dismantling public education will make the country far more unequal. For today’s GOP, that’s a feature, not a bug.

Mar 16, 2023 / Jack Schneider and Jennifer C. Berkshire

Volunteers fill boxes at a food distribution center.

Everyone Has the Right to Food Everyone Has the Right to Food

For a country that projects itself as the richest in the world, hunger remains hidden by design.

Mar 15, 2023 / Beverly Gologorsky

Sarah Huckabee Sanders, governor of Arkansas, speaks while delivering the Republican response to President Biden's State of the Union address on February 7, 2023.

The GOP Has Become the Pro–Child Labor Party The GOP Has Become the Pro–Child Labor Party

How a new economy of exploitation is rolling back protections—for profit.

Mar 14, 2023 / Katrina vanden Heuvel

Bankers Lobbied for Deregulation, Congress Capitulated, and Now Banks Are Collapsing

Bankers Lobbied for Deregulation, Congress Capitulated, and Now Banks Are Collapsing Bankers Lobbied for Deregulation, Congress Capitulated, and Now Banks Are Collapsing

The Silicon Valley Bank collapse doesn’t require a bailout. It requires stronger bank oversight and the repeal of the 2018 “economic growth” act.

Mar 14, 2023 / John Nichols

Greg Becker, President and CEO of Silicon Valley Bank, speaks during the Milken Institute Global Conference on May 3, 2022.

Silicon Valley Learns to Love Socialism for the Rich Silicon Valley Learns to Love Socialism for the Rich

The very people who eviscerated banking regulations now want to be shielded from the catastrophe they caused.

Mar 13, 2023 / Jeet Heer

A sign reading Cancel Student Debt is staged outside of the Supreme Court of the United States in Washington, D.C., on February 28, 2023.

Reports of the Death of Biden’s Student Debt Cancellation Program Are Premature Reports of the Death of Biden’s Student Debt Cancellation Program Are Premature

Pronouncing debt cancellation DOA takes the Supreme Court’s ruling as the last word—precisely at the moment when the court’s authority demands challenge, not complacency.

Mar 13, 2023 / Eleni Schirmer

Children working as miners in Pennsylvania.

The Horrifying and Shameful Return of Child Labor The Horrifying and Shameful Return of Child Labor

Bipartisan buck-passing and a ramshackle immigration system have revived Victorian degradation.

Mar 10, 2023 / Jeet Heer

Empty hospital bed

The Widespread Cruelty of Death Care Disparities The Widespread Cruelty of Death Care Disparities

We live in a world where the quality of care you receive while dying depends on how much you can afford.

Mar 9, 2023 / Priti Gulati Cox and Stan Cox

x