Housing prices are falling even more rapidly while politicians benefit from a cozy relationship with the mortgage industry they plan to bail out. June 27, 2008
As many as 3,000 people lined up outside a welfare office on the false rumor that emergency food vouchers would be distributed to those in need. June 26, 2008
The sensationalism of food riots and people taking to the streets has people talking about something that has been impacting nearly half of humanity. June 26, 2008
The Economist called the world food crisis a "silent tsunami," but it is not a natural disaster, and there's nothing silent about the response to it. June 25, 2008
By virtually every measure--wages, conditions, debt, unemployment and more--young working people are less well off today than preceding generations. June 18, 2008
The government's preferred measure of inflation remains fairly low--because the statistics-keepers don't count the prices of certain goods. June 13, 2008
With food prices climbing higher with every passing week, more and more poor and working-class families are finding it difficult to put food on the table. June 12, 2008
At the UN food summit in Rome, the priorities of world leaders were on display--and they didn't include alleviating the suffering of the hungry. June 11, 2008
The stock market plunged on July 6 on a double-barreled blast of bad news--a record increase in oil prices and a sharp rise in the unemployment rate. June 9, 2008
The global crisis caused by increasing food prices is shining a spotlight on the terrible contradiction of a world of plenty where hundreds of millions go hungry.
May 23, 2008
Next time you hear Wall Street experts say the economy isn't doing too badly after all, check your wallet--where you'll find a good deal less cash. May 22, 2008
One little-discussed factor in the global food crisis is speculators driving up the price of all commodities because of intense trading on futures markets. May 19, 2008
Can the Federal Reserve Bank save the U.S. economy? That's the hope and prayer of growing numbers of Wall Street executives.
March 28, 2008
For working families, a skyrocketing grocery bill is one of the most ever-present reminders that they have been making do with less. March 21, 2008
The depths of the crisis in the world financial system were revealed in the wake of the collapse of the investment bank Bear Stearns.
March 21, 2008
When you drive around Providence, R.I., there are "for sale" signs and boarded-up homes everywhere. March 14, 2008
Why is the government failing to push for the most aggressive solutions to help homeowners facing the threat of foreclosure? March 14, 2008
The foreclosure crisis in Stockton, Calif., is only the latest chapter in the roller-coaster ride the city has been through over the past decade. March 7, 2008
For a growing number of workers, being unemployed means being unemployed for a very long time--and a desperate struggle to get by. February 22, 2008
Home foreclosures hit record levels in 2007--and there's a lot worse to come. That's the view of both homeowners' advocates and Wall Street firms. February 8, 2008
The wild swings on stock markets worldwide are highlighting fears that a severe recession is around the corner--if not already here. February 1, 2008
The mortgage crisis is now dominating the headlines, but the underlying question remains: Who will help people at risk of losing their homes? February 1, 2008
Financial markets plunged in the U.S. and around the world in an abject rejection of Bush's plan for an economic stimulus package.
January 25, 2008
While the ranks of the unemployed grow, fired Wall Street CEOs got paid millions more on their way out the door. January 18, 2008
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