“Many large firms, beyond just the commodities sector, are using their power to preserve their profit margins,” said the co-author of a new report. A pair of London-based think tanks released research Thursday showing that corporate profits contributed substantially to the high inflation that the United States, Germany, the United Kingdom, and other major nations experienced amid […]
“Escalating CEO pay in recent decades has likely pulled up the pay of other top earners,” notes a new Economic Policy Institute report. “This concentration of earnings at the top leaves fewer gains for ordinary workers.” A new analysis by the Economic Policy Institute shows that top U.S. CEOs saw their total compensation rise by 1,209% between 1978 and […]
“Big business is gaslighting us all—they’re hiking prices to make monster profits, plundering people under the cover of a polycrisis.” An analysis released Thursday shows that 722 of the world’s top corporations made combined windfall profits of $1 trillion per year in 2021 and 2022 as people across the planet struggled to meet basic needs due to […]
“Poverty should be considered a major risk factor for death in the U.S.,” argues a new analysis. Research published this week in the Journal of the American Medical Association estimated that poverty was linked to at least 183,000 deaths in the United States in 2019 among people aged 15 or older, making inadequate income the nation’s fourth-leading […]