Federal Reserve chairman Jerome Powell plans to address sky-high inflation by hiking interest rates — acknowledging that doing so will suppress wages and worker power. It’s a response that will force workers to bear the brunt of the inflation crisis.
Julia Rock is a reporter for the Lever.
While rent prices and evictions skyrocket, the Democrat-controlled New York state legislature has concluded its session without passing a good cause eviction bill. The proposed law would have protected 1.6 million people from getting evicted for no reason.
Billionaire Trump adviser and Blackstone CEO Stephen Schwarzman charges public workers exorbitant fees to manage their pensions, then uses those profits to bankroll Republicans bent on screwing those workers over.
Juliana v. United States is a historic climate change lawsuit seeking to establish a constitutional right to a livable planet. But the Biden administration has indicated it will fight tooth and nail to prevent the lawsuit from ever getting a trial.
Today is Jen Psaki’s last day as Joe Biden’s press secretary before becoming an MSNBC pundit. She’s the latest in a long line of Democratic presidential flacks who have become corporate lackeys and mouthpieces.
Under the guise of boosting US competitiveness with China, Congress is set to grant another round of massive corporate giveaways. The bill even includes $10 billion for Jeff Bezos’s space venture.
For decades, the American right has eroded the federal right to an abortion, while Democrats have failed to safeguard it. Democrats must now use their power to fund abortion access and protect basic reproductive freedoms.
Amazon has received over $300 million in subsidies from New York State — deals that stipulate the company must follow labor laws. But their blatant union busting means they could be forced to give that public money back.
A Democratic consulting firm that works for some of the country’s largest unions was exposed for aiding Amazon’s attempt to crush the Staten Island union drive. Democrats’ consulting class is profiting off both corporate union busters and the labor movement.
Joe Biden has been betraying his campaign promise to allow borrowers to discharge their student debts through bankruptcy. In a new letter, 27 Democratic senators are demanding the administration stop trying to overturn court rulings that help student debtors.
Pennsylvania lieutenant governor and US Senate candidate John Fetterman supports Medicare for All. So it was only a matter of time before he drew the ire of the ultrawealthy health care capitalists who benefit from our for-profit system.
As Trump’s education secretary, Betsy DeVos aided predatory for-profit colleges. You’d expect no less of such an enthusiastic education privatizer — but why is Joe Biden now defending those same predatory colleges?
Intel is awash in cash, spending billions on stock buybacks that made shareholders even richer. Yet the Biden administration is poised to give the company a no-strings-attached bailout that could further enrich those same shareholders.
Credit Suisse, the bank whose donors gave over $100,000 to Joe Biden’s campaign, has ties to Russian oligarchs and has been repeatedly found guilty of serious financial crimes. Yet Biden’s administration is considering waiving any punishment for the bank.
After public outcry, the Biden administration backed off on a bankruptcy case that could lead to student loan forgiveness. But the president is fighting against student debtors on many other fronts, despite Biden’s campaign promise.
Fossil fuel industry groups always emphasize how many jobs rely on oil and gas drilling. A new study shows they’re lying.
After widespread anger at news that the Biden administration was trying to block a court ruling that could protect people with student debt, the administration has abruptly withdrawn its opposition. It’s a victory for everyone fighting for student loan forgiveness.
Joe Biden ran for president promising student debt relief. His administration now appears to be doing the opposite, trying to overturn a recent ruling that helps those bankrupted by student loans.
Federal officials are approving fossil fuel projects that enrich shareholders, fleece customers, and exacerbate the climate crisis.
Rhode Island has long been one of the most corrupt and machine-driven states in America. A new left movement is trying to change that — but they can’t agree on how.