Finance

A demonstrator supports bailing out Puerto Rico

Orwell in Puerto Rico: Congress ‘Promises’ a New Dictatorship Orwell in Puerto Rico: Congress ‘Promises’ a New Dictatorship

It says it’s going to resolve the island’s debt fairly, but the PROMESA bill establishes an authoritarian collection agency for hedge funders.

Apr 15, 2016 / Nelson Denis

The Panama Papers—and People Power—Force Iceland’s Prime Minister to Resign

The Panama Papers—and People Power—Force Iceland’s Prime Minister to Resign The Panama Papers—and People Power—Force Iceland’s Prime Minister to Resign

Citizens are enraged that his government enforced strict capital controls while he stashed his own money in the Caribbean.

Apr 5, 2016 / James North

Panama Papers

The Panama Papers Are Only the Beginning The Panama Papers Are Only the Beginning

Financial crimes and political conspiracies aren’t discrete events but the essence of neoliberalism.

Apr 5, 2016 / Greg Grandin

1930s rowhouses

How Banks and Developers Collude to Get Rid of New York’s Affordable Housing How Banks and Developers Collude to Get Rid of New York’s Affordable Housing

Granting huge mortgages on rent-regulated buildings doesn’t make financial sense—unless lenders know buyers will kick out existing tenants.

Apr 5, 2016 / DW Gibson

Congressional Progessive Caucus

This Congressional Progressive Caucus Budget Shows That Bold, Progressive Ideas Are Feasible and Sensible This Congressional Progressive Caucus Budget Shows That Bold, Progressive Ideas Are Feasible and Sensible

The remarkable CPC People’s Budget is an urgent call for the kinds of bigger, bolder reforms that can make our lives better. 

Mar 22, 2016 / Katrina vanden Heuvel

Detroit Water Protest

How Wall Street Caused a Water Crisis in America’s Cities How Wall Street Caused a Water Crisis in America’s Cities

Vulnerable residents are paying the price for dangerous financial deals.

Mar 11, 2016 / Carrie Sloan

Hillary Clinton and Bernie Sanders

The Economic Dilemma Democrats Face in 2016 The Economic Dilemma Democrats Face in 2016

The challenge for any Democratic candidate is to learn—and learn fast—that he or she must be the candidate of fundamental change, not the candidate of continuity.

Feb 23, 2016 / Katrina vanden Heuvel

Child workers in Thailand

Congress Has Only Now Banned Slave Labor in US Imports Congress Has Only Now Banned Slave Labor in US Imports

Congress just passed legislation to close a loophole that’s allowed Americans to import slave-made goods for decades.

Feb 23, 2016 / Michelle Chen

Is the World on the Brink of Another Great Recession?

Is the World on the Brink of Another Great Recession? Is the World on the Brink of Another Great Recession?

We could be facing the third leg of a crisis that began in 2008. If ever there was a time for US leadership, it is now.

Feb 19, 2016 / Sherle R. Schwenninger

How Wall Street Reform Could Give Low-Income Families a Big Boost

How Wall Street Reform Could Give Low-Income Families a Big Boost How Wall Street Reform Could Give Low-Income Families a Big Boost

Reining in the big banks would reduce risk while generating investment opportunities for everyone else.

Feb 18, 2016 / Feature / Sarah Anderson, Marc Bayard, John Cavanagh, Chuck Collins, Josh Hoxie, and Sam Pizzigati

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