Thursday, November 12, 2026

Tag: corporate profits

Big Oil cashes in on Iran war as drivers face soaring...

While Americans confront the highest fuel prices in years after the U.S.-Israel war on Iran disrupted global oil markets, fossil fuel giants are reporting surging profits, expanding stock buybacks, and prioritizing shareholder payouts over increased production.

Trump invokes wartime powers to expand fossil fuel production amid rising...

Defense Production Act orders authorize federal support for oil, coal, liquefied natural gas, and grid infrastructure as industry profits increase during Iran conflict.

Big Oil profits surge as Democrats push windfall tax tied to...

Lawmakers and advocacy groups propose taxing fossil fuel windfalls as war-driven price spikes hit American households and deepen inequality.

As Americans ration care, health insurers rake in record $71.3 billion...

Despite rising out-of-pocket costs and millions losing coverage, U.S. health insurance giants posted record profits in 2024 while their CEOs took home a combined $146 million.

Progressives demand federal action as airlines and hotels exploit hurricane evacuations...

As thousands of residents fled the path of these catastrophic storms, reports of airlines, hotels, and other companies inflating prices emerged, raising concerns over corporate profiteering during emergencies.

Tariffs don’t protect jobs. Don’t be fooled.

When employees have become their own employers, they will make the quantities and qualities of a society’s jobs a key policy objective rather than a side-effect of policies focused elsewhere.

Unveiling inflation’s true culprit: corporate profits over people

An in-depth investigation reveals how major corporations have exploited economic changes to inflate prices and maximize profits, leaving American households grappling with high costs.

How corporate food monopolies caused the baby formula scandal 

The fact that a handful of companies produce the majority of our food means that small disruptions will have big impacts. This time the impacts are borne by American babies.

Study shows excess corporate profits in the US have become ‘widespread’

A new research paper finds that corporate price markups and profits jumped to their highest levels in seven decades last year.

Record corporate profits, record stock buybacks, and the plan to tax...

As corporations blow record sums repurchasing their stock to inflate CEO pay, Congress is advancing a tax aimed at curbing this harmful practice.

POPULAR

A man in a dark jacket speaks into a handheld microphone.

10 Reasons Hakeem Jeffries Should Not Be the Next Speaker of the House

“Here are ten reasons why Jeffries should not be Speaker.”
The white domed U.S. Capitol building seen from its lawn under a blue sky.

The real Dem bombshell – the new coalition’s breakthrough fusion of agendas and values

“The times, they are a-changin’ and progressive Dems, new and old, lead the redemption of America.”
Rows of wooden desks face a raised dais with red drapes in a historic legislative chamber.

Blue Tsunami, Meet the Senate Filibuster

Democrats will hold at least 54 Senate seats when the new Congress convenes on Jan. 3, 2027, but ending debate on a bill still takes 60 votes.

Since 1975, $79 trillion has been redistributed from the bottom 90% to the top...

Has this massive redistribution, driven by policies favoring corporations and the wealthy, reshaped the American economy?
An aerial view of the five-sided Pentagon surrounded by parking lots, with the Washington skyline behind it.

House moves to vote on impeaching Hegseth over Iran war, boat strikes

Rep. Thomas Massie's eight articles allege at least 243 deaths in strikes on suspected drug boats, and impeachment would need three Republican votes.