Economy

Economy

New Tariffs Hit 59 Countries and the EU – And the Price Tag Could Land on Your Family’s Grocery and Shopping Bills

A sweeping new round of import taxes targets 59 countries plus the EU - and the cost could land on American families' grocery and shopping bills.

3d ago

Economy

Massachusetts Just Officially Recognized the First Union for Uber and Lyft Drivers

Massachusetts has formally recognized a union representing tens of thousands of Uber and Lyft drivers — the first state-level rideshare union in the country.

10d ago

Economy

For the First Time in History, Gas Is Now Above $4 in Every Single State — and the Iran War Is Why

Gas prices have hit $4 per gallon in all 50 states for the first time in history. The national average is $4.56 — up 53% since the U.S. launched strikes on Iran in March. Here is what is driving prices and what comes next.

11d ago

Economy

U.S. Industrial Output Just Jumped by the Most in Over a Year — Even as Tariff and War Costs Surge

Federal Reserve data shows U.S. industrial production jumped 0.7% in April — the biggest single-month gain in over a year — topping every economist forecast despite rising tariff costs and the ongoing U.S.-Iran conflict.

11d ago

Economy

University of Chicago Just Made Tuition Free for Every Family Earning Under $250,000 a Year

Starting in Autumn 2027, the University of Chicago will make tuition completely free for every undergraduate from a family earning less than $250,000 a year — covering roughly 60% of American households.

15d ago

Economy

Jeff Bezos Wants the Bottom 50% to Pay Zero Income Taxes — And He’s Bringing It to Trump

Jeff Bezos has proposed eliminating federal income taxes entirely for the bottom 50% of American earners — and says he's taking the proposal directly to President Trump.

16d ago

Economy

Bernie Sanders Just Proposed a 5% Annual Tax on All 938 U.S. Billionaires — Would You Take a $12,000 Household Check?

Senator Bernie Sanders and Representative Ro Khanna have introduced legislation that would fundamentally reshape how America taxes its wealthiest citizens — and the debate it’s igniting is already enormous. The bill, called the Make Billionaires Pay Act, would impose a 5% annual tax on the accumulated wealth of America’s 938 billionaires. Economists Emmanuel Saez and […]

27d ago

Economy

Bernie Sanders Proposes 5% Annual Tax on U.S. Billionaires — Would You Take a $12,000 Household Check?

Bernie Sanders and Ro Khanna introduced the Make Billionaires Pay Act, a 5% annual wealth tax on America's 938 billionaires projected to raise $4.4 trillion over ten years — funding $12,000 household payments, teacher salary guarantees, and expanded Medicare.

31d ago