Business & Economy

Family Savings Look Scary Across the Board

Staff / Truthdig Mar 6, 2006 The Federal Reserve finds that the average family has only about $3,800 in the bank, no retirement account and no stocks or bonds, and can't pay off a $2,200 credit card balance Pretty grim But don't fear Tax cuts for the rich will make everything all better. Dig deeper ( 1 Min. Read )

Bush Plan Would Raise Deficit by $1.2 Trillion

Staff / Truthdig Mar 4, 2006 But this total does not include money for some relatively small costs--like the wars in Iraq and Afghanistan after this year. Dig deeper ( 1 Min. Read )

In Reversal, Wal-Mart Will Sell ‘Morning After’ Pills

Staff / Truthdig Mar 4, 2006 But the retail giant will allow pharmacists who object to filling a Plan B prescription to refer customers to another pharmacy. Dig deeper ( 1 Min. Read )

Ports Deal to Close by Monday?

Staff / Truthdig Mar 3, 2006 A Bush official claims that the Dubai ports deal will close Friday or Monday, despite a 45-day review by the U.S. government. Uhhh, can anyone help us figure this one out? It seems ludicrous, but then again, so was Bush's immediate response to Sept. 11. Dig deeper ( 1 Min. Read )

Pizza Magnate Plans Catholic-Governed Town

Staff / Truthdig Mar 3, 2006 The founder of Domino's Pizza is planning on spending $250 million to create a Florida town with no abortions, no porn and no birth control. Civil libertarians are threatening to sue, and liberal Catholics are likening the idea to Islamic fundamentalism. Couldn't the guy put his money where it's really needed, like toward schools in Darfur? Or a pizza crust that doesn't resemble a sponge full of grease? (Hat tip: Huff Post) Dig deeper ( 1 Min. Read )

Google CFO Says Growth Is Slowing

Staff / Truthdig Feb 28, 2006 The 800-pound gorilla's rampage has started to slow down a bit, as evidenced by the chief financial officer's admission that the search company will have to find new ways to boost revenue. Related: Check out Truthdig's eye-opening report on Google's grasp of the intimate details of your life. Dig deeper ( 1 Min. Read )

U.S. Plans $7-Billion Royalty Windfall to Oil Companies

Staff / Truthdig Feb 19, 2006 On the heels of Exxon Mobil's record-setting $10-billion quarterly profit, the "federal government is on the verge of one of the biggest giveaways of oil and gas in American history, worth an estimated $7 billion over five years." It's nice being an oil baron when two oilmen head the government. Dig deeper ( 1 Min. Read )

Wal-Mart CEO Talks Tough in Internal Memos

Staff / Truthdig Feb 17, 2006 Wal-Mart's CEO suggests that a store manager is disloyal, and should consider quitting, after the manager laments the lack of health benefits at the mega-chain. This happened on a confidential, internal website that the N.Y. Times sussed out. Earlier: Sales are brisk and accusations fly as Robert Greenwald's Wal-Mart documentary racks up 110,000 DVD sales. Dig deeper ( 1 Min. Read )

Trade Gap Hits Record for Fourth Year in a Row

Staff / Truthdig Feb 11, 2006 Who will pay this piper? Four years of terrible trade deficits--and this year is the historical worst. | story Dig deeper ( 1 Min. Read )

Phaseout of Teflon Is Rare Win Against Chemical Companies

Heather Sarantis / Truthdig Feb 4, 2006 With manufacturers like DuPont pouring millions into campaign coffers, it is any wonder that consumer health often finishes second to corporate profits? Dig deeper ( 4 Min. Read )

Put the Politicians in the Enron Docket

Robert Scheer / Truthdig Feb 1, 2006 There simply would be no Enron story were it not for the deregulation of the energy market ushered in by Republican politicians. Dig deeper ( 27 Min. Read )

Enron Is Back!

Staff / Truthdig Jan 30, 2006 The scoundrels at Enron might finally get their due with the start of the much-anticipated fraud trial in Houston. Check out some of the columns Truthdig Editor Robert Scheer has written over the course of the scandal. Dig deeper ( 25 Min. Read )