Economy

"It says so much about how utterly rigged the system is that it takes a team of lawyers to figure out some hail-mary-pass way to raise the minimum wage."

"Wall Street and stock market are metaphors for a society rotting from self-indulgence, greed, widening inequality, and financial entrepreneurship that builds nothing, improves nothing, creates nothing, and solves nothing."

It’s good to see the New York Times making the case for higher wages in an editorial. Unfortunately, they get much of the story confused.

"Like Donald Trump's other economic executive orders, this will not provide actual relief to workers."

Trump wants to cut the capital gains tax, which would primarily benefit the richest Americans.

"Donald Trump is so desperate to defund Social Security, he may rip the Constitution to shreds to make it happen."

A number of mutual funds hold hundreds of millions of dollars of stock in Sinclair Broadcasting.

Months into the pandemic, a lender that markets to Latino immigrants continued to sue borrowers after they lost jobs and missed payments. But they reversed course when we started asking questions.

"Private equity firms will now be allowed to access—and skim fees off of—the $9 trillion in 100 million workers' 401(k) plans and IRAs."

"With seniors most at risk from Covid-19, we need to be increasing Social Security's modest benefits, not creating secret commissions to cut them."