David Sirota / TruthdigSep 13, 2014
A proposed Securities and Exchange Commission rule would force publicly traded companies to disclose their political spending to their shareholders. Dig deeper ( 3 Min. Read )
Staff / TruthdigMar 6, 2014
Gold has drawn glowing praise in the last six years or so, since the onset of the recent recession -- and now, according to a duo of researchers, it ought to be the subject of a different kind of attention that calls into question the way its price is set. Dig deeper ( 2 Min. Read )
Robert Reich / TruthdigFeb 10, 2014
How can bad news on Main Street (only 113,000 jobs were created in January, on top of a meager 74,000 in December) cause good news on Wall Street? Dig deeper ( 2 Min. Read )
Staff / TruthdigDec 1, 2013
Henry Blodget, CEO of news website Business Insider, clears up the widespread myth that entrepreneurs such as himself are responsible for creating jobs for the rest of America. The often-told lie is simply a way to justify the immense inequality symptomatic of our dire economic climate. Dig deeper ( 3 Min. Read )
BLANKSep 8, 2013
Low-income D.C. residents -- many of them retirees -- have been losing their homes under a program in which tax rights are sold to private investors who add mind-boggling fees and then foreclose when they aren't paid. And it's all legal. Dig deeper ( 2 Min. Read )
Tracy Bloom / TruthdigSep 22, 2012
Mitt Romney's remark reveals a truth about himself but also about the entire Republican Party: The GOP is just not worker friendly. Instead, the party lauds "job creators," whom New York Times columnist Paul Krugman describes as the "employers" and "investors." Dig deeper ( 2 Min. Read )
Staff / TruthdigMay 29, 2012
Days after a law firm launched a class-action lawsuit on behalf of investors against Facebook and its bankers, alleging that certain investors were given preferential treatment, Facebook’s shares dipped during Tuesday's trading to near $29, more than 20% under its IPO price. Dig deeper ( 1 Min. Read )
Staff / TruthdigJan 15, 2012
A sunken housing market has turned foreclosure auctions into feeding grounds for the vultures of American capitalism. Low prices mean plenty of available buildings to be bought, fixed up and sold at a profit. Meanwhile, suffering evictees are nowhere to be seen, except for the rare occasions when they show up to protest or bid on the homes themselves. Dig deeper ( 2 Min. Read )
Staff / TruthdigJul 27, 2011
On Wall Street, a small number of investors are betting $4.8 billion that the U.S. government will fail to raise the debt ceiling in the next week and, subsequently, will default on its $14 trillion debt. Dig deeper ( 1 Min. Read )
Staff / TruthdigDec 11, 2009
Goldman Sachs has had a record year in terms of employee earnings -- The Wall Street Journal says Goldman's 31,000 worker bees brought in an average of more than $700,000 each in 2009 -- and that would be better news for the firm if it hadn't been on the receiving end of major federal funding from last year's bailout. Dig deeper ( 1 Min. Read )
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