Tag: economy
1.7 Million Jobs In Arab Region At Risk From Coronavirus
A UN brief warns about economic collapse, expecting a $42 billion decline in GDP and trillions of dollars lost to the private sector in an…
Who Would Really Be Sacrificed To Save The Economy From COVID-19?
Whose families do the high priests of capitalism really intend to sacrifice to their god of money? Subscribe to our page and support our work…
Wall Street Before Main Street: COVID-19 Relief Plans Will Hurt Workers
What relief will American workers get after the government poured $2.2 trillion into banks and businesses? Economist Dr. Jack Rasmus explains why the bailout for…
Corporations Are Protecting Their Profits From COVID-19, Not Their Workers
Trump is offering big business billions of dollars as the pandemic spreads, and almost nothing for their stranded employees. But real protection for workers has…
A Just Reopening Prioritizes People Over Profits
As Trump’s “reopening” endangers lives, Democrats must advance policy that gives working people something to fight for, argues In These Times’ Sarah Lazare. Director/Video Editor:…
Police Repression Backfires As Protests Multiply
Professor Lester Spence argues America is facing two pandemics: COVID-19 and political policing. Subscribe to our page and support our work at https://therealnews.com/donate. ** (Disclaimer:…
U.S. Real GDP higher than previously thought, new data shows; no recession in sight
The U.S. Real GDP increased at an annual rate of 2.1% for the second quarter of 2023, according to a revised report released Thursday by…
How rising interest rates are affecting Americans
The average interest rate on a credit card in November 2021 was 16.4%. As of September, the average credit card interest rate is nearly 24.5%….
Buying a home now unaffordable in 99% of America, report finds
The typical American cannot afford to buy a home in a growing number of communities across the nation under common lending standards, according to a…
Stock futures up after Congress averts government shutdown
Wall Street index futures kicked off October on a high note after lawmakers averted a government shutdown. Investors will wait to hear from Federal Reserve…
Gen Z’s troubling relationship with debt
As the U.S. economy sees increased inflation and interest rates, many young adults are finding themselves sinking deeper into debt. Catey Hill, managing editor for…
What the student loan payment restart means for the economy
Tens of millions of Americans are expected to resume paying student loans after a three-year pandemic-era pause. CBS News correspondent Carter Evans has more. Plus,…
Senators to visit China amid growing tensions
A bipartisan delegation of U.S. senators will travel to China next week. The visit comes amid a time of persistent disagreement over policies concerning Taiwan,…
High costs still making consumers angry and dissatisfied
People across the country remain “deeply dissatisfied” with the state of the economy even as the rate of inflation declines. Amara Omeokwe, an economics reporter…