Economy

  • Working hard and still hungry

    The Republicans are taking aim at food stamps, the program that more and more low-wage workers depend on to make it through the month.

  • Lousy work, if you can get it

    Millions of people still can't find jobs, but those who do face a different kind of crisis: the increase in low-wage, no-benefit work.

  • Bankzilla vs the rest of us

    Four years after the world financial system nearly plunged into the abyss, the banksters are back to making money hand over fist.

  • Caught rigging the game

    A scandal over a British bank's manipulation of a key interest rate has shed light on the bald-faced lies and self-dealing ways of the world's biggest banks.

  • Heading for the europocalypse?

    The bailout of Spanish banks and the victory of a pro-austerity party in the Greek election hasn't stopped the eurozone debt crisis from worsening.

  • The no-jobs generation

    Young people graduating from high school or college today face tough prospects finding work--with consequences that will continue for years to come.

  • Big trouble at Diamond Jamie's casino

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

  • The new panic over the euro

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

  • The impact of the EU bank rescue

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

  • Pickpocketed at the pump

    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.

  • Living in a bubble of their own

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

  • The crisis that won't end

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

  • The fall of the house of Enron

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

  • The corporate bankruptcy scam

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

  • From euro crisis to world crisis

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

  • Financial meltdown: The sequel

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

  • Why Karl Marx was right

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

  • The $16 trillion bailout

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

  • Exploiting the unemployed

    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.

  • The left-out and left-behind economy

    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.

  • No unemployed need apply

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

  • The markets crack the whip

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

  • What's causing the market mayhem?

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

  • Saving the euro at workers' expense

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

  • The jobs meltdown

    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.