New temporary House speaker Patrick McHenry is a puppet of the financial, real estate, and debt collection industries, gladly taking 90 percent of his campaign cash from lobbyists in exchange for advocating blanket deregulation.
Sam Bankman-Fried was found guilty this week for running a crypto scam and faces years in prison. It seems jurors weren't taken in by SBF like famed author Michael Lewis, whose new book paints an oddly sympathetic portrait of Bankman-Fried.
Bill Gates is right: the private sector is stifling innovation in green energy. But that's not the only place capitalism is holding us back.
Before being tapped to become Joe Biden's new communications director, political advisor Ben LaBolt made a pretty penny in corporate consulting — and many of his former clients have obvious interests in White House policy decisions today.
Lobbyists are urging the Supreme Court to use upcoming cases to gut consumer protections. The lobbying groups involved are tied to conservative donors who have spent decades working to roll back consumer regulations and environmental protections.
Political betting markets, which facilitated more than $3 billion in total election-related bets during this election season, are poised to win big from Trump administration ties and policies.
Trump administration economic projects like its big AI build-out involve billions of dollars in investments from the Saudi Arabian government. The committee that’s supposed to oversee the deals is stacked with officials with business ties to the Saudis.
Argentinian president Javier Milei faces his biggest crisis yet over his promotion of a crypto scam. As leaders on the Latin American right distanced themselves from the anarcho-capitalist, Elon Musk took the opportunity to reaffirm their bond.
We need left-wing media outlets to build socialism. And the late German communist Willi Munzenberg shows us how it can be done.
Facebook is joining a long tradition of companies minting their own currency to cement their monopoly over the infrastructure of social and economic life. Now is the time to stop tech titans like Mark Zuckerberg in their tracks — before they amass even more power.
Despite setbacks, from Pennsylvania to Kentucky, socialist candidates eked out victories in this week’s primaries. Centrist challengers, backed by super PAC and corporate money, massively underperformed. Democratic socialists aren't going away anytime soon.
For a generation, the Left dismissed any concerns about inflation as elite fearmongering. But now inflation is here. And it’s hurting workers more than anyone.
I bet you thought you were done hearing about non-fungible tokens. Well, Trump is bringing them back. The former president has never met a scam he didn’t love, and what’s a better scam than NFTs?
What kind of economic policy could we expect from a second Trump term?
On the rise in the banking sector, "banking-as-a-service" companies operate outside purview of banking regulators. With lax oversight and heavy industry lobbying, these firms are misleading consumers about the safety of their savings.
Joe Biden’s CFPB passed rules limiting overdraft and credit card late fees. As the chair of the Senate committee that oversees the agency, Tim Scott wants to reinstate these junk fees — a key priority for his donors in finance.
From brands commissioning immersive installations at prestigious art fairs to hedge funds transforming artworks into stock-like financial instruments, the line between art and capital is blurrier than ever.
Pierre Poilievre, backed by anti-vaxxers, crypto bros, and far-right populists, is the leading candidate for Canada’s Conservative Party. If elected, Poilievre, who has described Canada’s welfare state as “horrific,” will wage war on social programs.
The avant-garde pop star Grimes has made a heel turn away from left-wing politics toward the Silicon Valley libertarianism of her ex Elon Musk. She calls herself “a bit of a socialist, but not economically.” Let’s just call her a manic pixie dream capitalist.
Following its failed crypto scheme, authoritarian president Nayib Bukele’s cash-strapped government is making moves to reverse El Salvador’s metal mining ban. Its reintroduction would be a disaster for the nation’s already contaminated water supply.