Fed chair Powell suggests further rate cuts are not a given
The central bank lowered interest rates last week and many investors are betting on two more quarter-point cuts before the end of the year.
Articles & Videos
All PoliticsPolicyEconomyCivil RightsJusticeInternationalConflict & SecurityClimate & EnvironmentTechnologyHealthMediaCulture & Society
There Is No Defense For Sweatshops
In 2023, a young Bangladeshi woman named Tureza Akter committed suicide after facing repeated abuse at a sweatshop in Jordan. Subsequent investigations found that factory managers withheld employees’ passports to prevent them from leaving, forced female employees to strip naked, and required workers to labor 16 hours a day, seven days a week, threatening to withhold already-earned pay if they did not comply. The clothes produced in this factory bore the logos of Under Armour, Columbia, and American Eagle.
No, Sweatshops Do Not Help the Poor
In 2023, a young Bangladeshi woman named Tureza Akter committed suicide after facing repeated abuse at a sweatshop in Jordan. Subsequent investigations found that factory managers withheld employees’ passports to prevent them from leaving, forced female employees to strip naked, and required workers to labor 16 hours a day, seven days a week, threatening to withhold already-earned pay if they did not comply. The clothes produced in this factory bore the logos of Under Armour, Columbia, and American Eagle.
The AI spending boom doesn't (entirely) deserve comparisons to past frenzies
The sums are gargantuan, but not all investment dollars are the same. Google, Oracle, and Microsoft are spending profits, rather than borrowed money, which may make this hype cycle more sustainable.
Trump administration considers bailout for Argentina's Milei
Argentina is facing a deepening economic crisis that the Trump administration is promising unusual interventions to stem.
Tylenol parent's stock rises despite Trump autism claims
Kenvue shares traded up as much as 5% Tuesday as the president failed to back unfounded claims that Tylenol causes autism.
Debt overload creeps into corporate America
Fears are rising of a corporate debt wipeout as lenders scramble to fix a pair of companies in the car economy.
Gas makes a comeback at Climate Week
At a number of events in New York on Tuesday, senior officials made a case for gas as essential for energy security and a buttress to renewables.
Aluminum tariffs not driving US investment: Alcoa chief
The levies are also pushing the mining firm to pull back from expansion in Canada, among its largest production sites.
Headlines
398 headlinesOver 160 Years After Abolition, Racism Still Structures US Economy
Elon Musk: The World’s Worst Trillionaire
The Trillionaire Economy
Trump’s CFTC Gutting Is a Gift to Offshore Crash Gambling
Here’s What Americans Really Blame for Causing Energy Price Hikes
Why More Households Are Turning to Professional Organizers
‘Both Parties Are Fundamentally Beholden To Their Donors’: Meet the Viral Independent Candidate Fighting Monopolist Power
Zeteo •
One Man, One Trillion Dollars: What Happens to Democracy Now?
People Living Near xAI’s Dirty Data Centers Are Right Pissed About the SpaceX IPO
Where Will the Coming Iran War Negotiations Lead? (w/ Mohammad Marandi) | The Chris Hedges Report
Page 1 of 40