Economy

JPMorgan Chase CEO Jamie Dimon says his bank blew billions of dollars on a reckless gamble--proving that casino capitalism is alive and well. May 15, 2012

An unraveling economy in Spain, a deepening recession continent-wide, and elections in France and Greece have raised doubts about the latest bailout. May 3, 2012

Massive loan interventions by the European Central Bank could provide breathing space to implement a revamped neoliberalism. April 3, 2012

Gas prices are on the rise again, leaving many working-class families with the choice of cutting back on other necessities or going further into debt. March 15, 2012

The Fed's bumbling response to the 2008 financial crisis proves that it's dedicated to corporate profits above all else. March 6, 2012

Despite some recent improvements, the U.S. and world economy are still in deep trouble, with the possibility of another lurch into recession. January 31, 2012

The scandal that took down energy giant Enron 10 years ago exposed the lie of the free-market "miracle" of the 1990s. January 6, 2012

Bankruptcy may be a disaster for the 99 percent, but it can be a wondrous thing for million-dollar corporations. January 3, 2012

The looming threat that Europe's common currency will fall apart is more evidence that the financial crisis of 2008 never really went away. October 4, 2011

Austerity measures around the globe represent political crimes of equal, if not greater, magnitude than Watergate. September 26, 2011

When mainstream economists start citing capitalism's greatest critic, you know the crisis of the free market is severe. September 13, 2011

While Washington debates how deep budget cuts should go, the banks are still pocketing huge amounts of taxpayer cash. September 7, 2011

Unemployment doesn't just affect workers without jobs--it's being used to push down the living standards of the entire U.S. working class. September 6, 2011

The plague of unemployment that took hold during the Great Recession is still upending the lives of millions of U.S. workers--with no end in sight. September 2, 2011

No, it's not a typo: Significant numbers of employers are openly discriminating against job seekers because...they need a job. August 30, 2011

The choice of the people in the polling booths counts for nothing against the dictates of the financial markets. August 12, 2011

Panic has returned to international stock markets because of the fears of new financial crises--and the threat of a slump back into recession. August 11, 2011

The euro has been pulled back from the brink of collapse--but only because working people in Greece and other European countries will suffer. July 28, 2011

Two years after the official start of an economic "recovery," the latest government report on jobs shows things are as bad as ever for the unemployed. July 11, 2011

Skyrocketing gas prices are hitting working people hard--but that's good news for the oil companies and financial speculators who profit at our expense. May 10, 2011

The strut of confidence is gone, and the jitters are back after a flurry of dreadful economic statistics at the end of April. May 9, 2011

While many forms of discrimination have been put behind us, fear and anxiety still stalks one of America's last despised minorities--the top 1 percent. April 28, 2011

When it comes to investigating the "robo-signing" scandal, Tom Miller is proving to be less than a crusader. April 28, 2011

The policy of governments in industrialized countries is now crystal clear: make their own citizens foot the bill for the crisis. April 25, 2011

David McNally's new book Global Slump explains the roots and nature of a new epoch of economic crisis, austerity and working-class resistance. March 7, 2011