A leading economist urged policymakers to “address corporate profiteering as a driver of inflation by reining in megacorporations and addressing the unsustainably high prices facing families around the country.” Progressive demands for congressional action to curb corporate monopoly power were renewed Friday after federal data confirmed that certain heavily consolidated industries are continuing to rake in […]
Corporate profits hit a record $2 trillion in the second quarter. Meanwhile, many workers are unable to afford a $400 emergency payment. A new report out Monday shows that 59% of U.S. consumers were living paycheck to paycheck last month and many were unable to afford an emergency expense of $400—all while the country’s corporations enjoy […]
“The president pledged to drain the swamp, instead it appears he’s catering to the alligators.” Offering what one observer called “a crystal clear picture of how money buys influence in U.S. politics,” leaked audio obtained Tuesday by consumer watchdog group Allied Progress showed executives from some of the largest payday lenders in the U.S. boasting about how they have […]
[dropcap]A[/dropcap]nchorage police say that they have no suspect details and are seeking information in a fatal stabbing that occurred in the vicinity of the Alaska Mental Health Consumer Web Building at 1248 Gambell Street on Tuesday. A staff member at the Alaska Mental Health Consumer Web building, across the intersection from Carrs, called into Anchorage Safety Patrol […]