Economy - Part 6
Pfizer, Johnson & Johnson, and AstraZeneca—three of the world's top coronavirus vaccine manufacturers—have paid out a combined $26 billion in dividends and stock buybacks to their shareholders over the past year, a sum that could fully fund the cost o ...[Read more]
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More than a year after the coronavirus pandemic and the corresponding economic crisis began, a new analysis out Wednesday shows that as 2020 ended, the richest 10% of Americans possessed just under 70% of the nation's household wealth.
According to the r ...[Read more]
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The head of the IRS calculated that tax evasion in the U.S. may total $1 trillion a year, a figure that is multiples higher than previous estimates from the federal government.
Internal Revenue Service Commissioner Chuck Rettig told a Senate panel Tuesday ...[Read more]
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Nearly half a millennium ago Niccolo Machiavelli’s The Prince described three options for how a conquering power might treat states that it defeated in war but that “have been accustomed to live under their own laws and in freedom: … the first is t ...[Read more]
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Health care workers have more student loan debt than workers in any other industry, holding approximately $9,700 more in debt per person than those who work in higher education, who are the second-highest debt holders on the list. Private health care work ...[Read more]
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Labor organizer and scholar Jane McAlevey says there were many warning signs that the historic Amazon union drive in Bessemer, Alabama, would fail. Workers at the Amazon warehouse voted overwhelmingly against forming a union after a months-long vote by ma ...[Read more]
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Over the past 20 years, the U.S. has spent $6.4 trillion on wars that have served only to further destabilize the Middle East, cause hundreds of thousands of deaths and enrich military contractors. If that money had been spent on infrastructure and clean ...[Read more]
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Economists Warn Democrats ‘Going Too Small’ on Infrastructure Risks Economic and Climate Catastrophe
Pointing to the nation's tepid recovery from the 2009 financial collapse as a cautionary tale, economists are pressing Democratic lawmakers to dramatically expand President Joe Biden's $2.3 trillion infrastructure proposal in order to equitably rebound fr ...[Read more]
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Last August, Jamelle Brown, a technician at Research Medical Center in Kansas City, Missouri, contracted Covid-19 while on the job sanitizing and sterilizing rooms in the facility's emergency department. Luckily, his case wasn't severe, and after having q ...[Read more]
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We look at pandemic profiteering in the medical system as a new report by Kaiser Health News reveals some of the nationâs richest hospitals recorded hundreds of millions of dollars in surplus over the past year after accepting federal healthcare bail ...[Read more]
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A new poll released Tuesday shows that a large, bipartisan majority of voters in the United States supports President Joe Biden's proposal to spend $2.25 trillion over eight years to upgrade the nation's physical and social infrastructure.
The survey (pdf ...[Read more]
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