Corporations

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

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

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

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

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

Leonard Leo speaks at the National Catholic Prayer Breakfast in Washington DC on April 23, 2019. Leo is an Executive Vice President with the Federalist Society and a confidant of President Trump.

Fix the Courts by Investigating Federalist Society Sleaze Fix the Courts by Investigating Federalist Society Sleaze

The powerful right-wing organization faces serious conflict-of-interest allegations.

Mar 3, 2023 / Jeet Heer

Rupert Murdoch in 2019

Rupert Murdoch Admits That Fox Pushed Trump’s Election Lies for Profit Rupert Murdoch Admits That Fox Pushed Trump’s Election Lies for Profit

An explosive new filing in the Dominion lawsuit shows that the News Corp head knew the ex-president’s 2020 claims were false but kept peddling them to keep ratings up.

Feb 28, 2023 / Joan Walsh

Charles Koch during an interview with the Washington Post at the Freedom Partners Summit on August 3, 2015.

Why the Media Just Can’t Stop Whitewashing the Koch Family Why the Media Just Can’t Stop Whitewashing the Koch Family

The political uses of the “poor little rich girl” narrative.

Feb 27, 2023 / Jeet Heer

A Norfolk Southern Train derails

It’s Time to Talk About Nationalizing America’s Railroads It’s Time to Talk About Nationalizing America’s Railroads

The East Palestine train derailment confirms it: Our rail industry is too important to be left to the corporations.

Feb 23, 2023 / John Nichols

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