$70 Trillion in Inherited Wealth Shows Global ‘Inequality Emergency’ Spiraling Out of Control

$70 Trillion in Inherited Wealth Shows Global ‘Inequality Emergency’ Spiraling Out of Control

“Inequality is a crisis in need of concerted action,” said Nobel Prize-winning economist Joseph Stiglitz. A panel of experts convened by South Africa’s president warned Tuesday that the world is facing an “inequality emergency” as the richest people on the planet capture a disproportionate share of new wealth and prepare to pass it down to their […]

With Baseless Fraud Claim, White House Says Trump Preparing Anti-Voter Executive Order

With Baseless Fraud Claim, White House Says Trump Preparing Anti-Voter Executive Order

Asked to provide evidence supporting her claim of voting fraud in California, White House Press Secretary Karoline Leavitt responded, “It’s just a fact.” President Donald Trump is drafting an executive order aimed at rolling back voting rights, a measure that may include attacks on mailed ballots, a top administration official said Tuesday. “The White House […]

Corporate America Accelerates Layoffs As Trump Economy Flashes Red Warning Signs

Corporate America Accelerates Layoffs As Trump Economy Flashes Red Warning Signs

“We’re not just in a low hire, low fire environment anymore,” said one economist. “We’re firing.” Several major US corporations in the last month have announced plans to cut thousands of workers as layoffs in the American economy have reached their highest level since 2020, when much of the global economy was shut down due to the Covid-19 pandemic. […]

USDA Tells Grocery Stores They Can’t Give Discounts to People Hit by Trump’s Food Stamp Freeze

USDA Tells Grocery Stores They Can’t Give Discounts to People Hit by Trump’s Food Stamp Freeze

“Can’t follow the law when a judge says fund the program, but have to follow the rules exactly when they say don’t help poor people afford food,” one lawyer said. As the Trump administration continued its illegal freeze on food assistance, the US Department of Agriculture sent a warning to grocery stores not to provide discounts to the more than 42 million […]