New data reveals a massive “transfer of wealth” from the working class, which is paying higher prices as consumers, to the investor class reaping the financial benefits. As inflationary pressure drives up costs throughout the economy, a new analysis out Wednesday reveals that corporations are raking in record profits by jacking up prices at the grocery store, gas pump, and […]
Russia’s Gazprom halted gas supplies Wednesday to Poland and Bulgaria, the latest step in the economic fight linked to Russia’s invasion of Ukraine. Russia has demanded that European nations, many of which rely on Russia for large portions of energy supplies, pay for natural gas in Russia’s currency, the ruble. Gazprom said Wednesday that Poland […]
A New York state judge ordered the former president to pay a fine of $10,000 per day for every day he fails to turn over subpoenaed documents. New York Attorney General Letitia James marked a “major victory” in her case against former President Donald Trump Monday as a state judge held Trump in contempt for […]
Bonuses alone for executives at 28 of the top oil and gas companies combined topped $31 million combined. Research out Monday reveals that CEOs from 28 of the top oil and gas companies enjoyed a combined $394 million in total compensation in 2021, including through “eye-popping” bonuses that together topped $31 million. The analysis from Accountable.US, first reported by The Guardian, […]