Business & Economy

The Recession Racket: Musk, Trump and the Billionaires’ Blueprint for Profit

Thom Hartmann / The Hartmann Report Nov 1, 2024 While we struggle, they scheme: How a Trump crash could line the pockets of America’s elite Dig deeper ( 6 Min. Read )

U.S. Economy Faces ‘Strongest Recession Signal Yet’

Jake Johnson / Common Dreams Aug 14, 2019 For the first time since the crash of 2007, the Treasury bond yield curve has gone negative, setting off alarm bells across Wall Street. Dig deeper ( 2 Min. Read )

Trump Is Tanking the American Manufacturing Industry

Juan Cole / Informed Comment Jul 17, 2019 The president tips the sector, which is about 14% of the U.S. gross national product, into recession with his trade war with China. Dig deeper ( 2 Min. Read )

3 Disturbing Reasons Trump Could Win Again

Paul Buccheit / Common Dreams May 13, 2019 Liberals want to believe America won't make the same mistake twice. We underestimate our capacity for self-delusion, fear and nationalism. Dig deeper ( 4 Min. Read )

Is a Global Recession Looming on the Horizon?

Paul Jay / The Real News Network Apr 3, 2019 Economist Heiner Flassbeck argues that multiple factors point toward a cyclical downturn, and perhaps a larger financial crisis. Dig deeper ( 10 Min. Read )

Potential Recession Signal: A Key ‘Yield Curve’ Has Inverted

STAN CHOE / The Associated Press Mar 22, 2019 A three-month Treasury bill is yielding more than a 10-year Treasury, indicating the possibility of a significant economic slump. Dig deeper ( 3 Min. Read )

The Fed’s Dramatic About-Face

Ellen Brown / Truthdig Feb 20, 2019 The Federal Reserve needs to keep pumping new money into the banking system, so why not inject cash directly into Americans' bank accounts? Dig deeper ( 6 Min. Read )

Business Economists Suggest the U.S. Could Face a Recession in 2020

Ilana Novick Jun 4, 2018 A rosy jobs report doesn’t tell the whole story. Dig deeper ( 2 Min. Read )

Are We Safe From the Next Ponzi Scheme? (Audio)

Staff / Truthdig Feb 6, 2018 Investigative reporter Steve Fishman explains how Bernie Madoff was able to pull off one of the largest financial crimes in U.S. history, and whether regulators have taken steps to ensure Americans won't get conned again. Dig deeper ( 1 Min. Read )

Five Economic Disappointments of the Trump Regime

Juan Cole / Informed Comment Feb 6, 2018 Here's a look at how the president is failing his base, which voted him into office on his promise that he could cure their economic woes. Dig deeper ( 4 Min. Read )

Brazil’s Recession Grows as Emissions Rise

Jan Rocha / Climate News Network Nov 15, 2017 The country is the only major one in the world where damage to the climate is worsening as the population becomes poorer. Dig deeper ( 3 Min. Read )

U.S. Middle Class Gets Richer, but Wealthy Do Even Better

By Christopher Rugaber / AP Sep 27, 2017 In the period 2013-2016, the wealthiest households pulled even further ahead, worsening the nation’s massive disparities in wealth and income. Dig deeper ( 2 Min. Read )