Tag: Wall Street
Trump’s tariff chaos triggers global backlash, economic turmoil, and growing revolt...
Critics say president’s abrupt reversal on sweeping tariffs shows lack of coherent strategy and deepens damage to workers, consumers, and U.S. global standing.
Why Wall Street’s rule-breaking is everyone’s problem
This is not just a U.S. problem. Regulators agree to minimum standards for banking rules at an international level because finance is a global business.
The United States needs a ‘Robin Hood Tax’
A giant tax fight awaits next year—when a number of the 2017 tax cuts for the rich and businesses expire.
How Wall Street priced you out of a home
Investor purchases hit their peak in 2022, accounting for around 28% of all home sales in America.
Analysis details how Wall Street underwriting quietly funnels billions into fossil...
"Underwriting is a huge missing piece of net-zero transition plans, allowing big U.S. banks to continue to help fossil fuel companies raise billions of dollars with limited scrutiny," said one campaigner.
Imagine a world where CEOs get paid $3 million a year
Being a well-paid CEO means something very different today than it did fifty years ago.
Wall Street bonuses decline but still dwarf worker pay increases since...
Since 2008, growth in the average Wall Street bonus has far outstripped wage growth for ordinary U.S. workers.
Rail workers blame fiery train crash in Ohio on Wall Street...
"The PSR-driven carriers, driven to cut costs and crew time by any means necessary, cut corners and leave crews and the public at risk."
Wall Street bonuses soar by 20%, nearly 5 times the increase...
Due to Washington inaction, millions of essential workers continue to earn poverty wages, while the reckless bonus culture is alive and well on Wall Street.
‘Jaw-dropping’: Wall Street bonuses have soared 1,743% since 1985
A new analysis finds that if the federal minimum wage had increased at the same rate, it would currently be $61.75 an hour.
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The MAGA Movement is Jonestown writ large
The reversion to primitivism bears a striking resemblance to the rise of the MAGA movement.
Trump EPA rolls back protections from toxic forever chemicals in drinking water
Amid pressure from chemical and utility industries, the Trump administration weakens key PFAS drinking water regulations—exposing millions to cancer-linked toxins.
GOP tax cuts for the rich advance as Republicans push record-breaking Medicaid and SNAP...
As House Republicans approve tax breaks for the wealthy, they simultaneously move to gut Medicaid and food assistance, rejecting all amendments to protect vulnerable Americans.
The Trump effect on elections globally
But with the recent election results in Canada and Australia, it’s possible to see the limits of Trump’s influence and the signs of a swing back to some semblance of normalcy.
The Trump administration leaned on African countries. The goal: Get business for Elon Musk.
Senior State Department officials in both Washington and Gambia have coordinated with Starlink executives to coax, lobby and browbeat at least seven Gambian government ministers to help Musk, records and interviews show.