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News and editorials related to the economy published by Common Dreams, an independent media outlet based in Portland Maine since 1997

Student borrowers demand debt cancellation outside the White House

DOJ Appeals as Trump Judge Blocks Student Debt Cancellation With 'Farcical' Ruling

"A federal judge conspired with right-wing politicians and corrupt corporations to block life-changing student debt relief for tens of millions of families," said one campaigner.

Jake Johnson ·

Railroad workers

Despite Record Profits, Rail Companies Reject Union's Demand for Paid Sick Leave

Paid sick leave "has become a norm in this society," said one labor organizer—one that rail carriers "can very easily afford."

Julia Conley ·

Lael Brainard

Top Fed Official Says Corporate Price Hikes Are Fueling Inflation

While Federal Reserve Vice Chair Lael Brainard gave a nod to what one observer called "the elephant in the room," her core message—that monetary tightening is needed to tackle inflation—drew progressive pushback.

Brett Wilkins ·

Spanish Finance Minister María Jesús Montero addresses the senate on December 9, 2021 in Madrid.

Spain Approves 'Solidarity' Tax to Make Nation's Top 0.1% Pay a Fairer Share

The country's finance minister said that looming changes are bound to make the tax code "more progressive, efficient, fair, and also enough to guarantee social justice and economic efficiency."

Kenny Stancil ·

San Francisco fast food workers strike

'When We Fight, We Win!' San Francisco Airport Workers End Strike After Pay Victory

"This strike was so worth it to give my family a better life," said one union member.

Jake Johnson ·

The O.B. Curtis Water Treatment Plant is seen on August 31, 2022 in Jackson, Mississippi.

Privatization Threat Remains, Advocates Warn, After Mississippi Lifts Jackson Boil-Water Notice

"The city remains under threat of a state-imposed privatization," said one campaigner.

Kenny Stancil ·

Attorney General Merrick Garland and Deputy Attorney General Lisa Monaco attend a briefing

'Chickensh*t': Watchdogs Criticize Biden DOJ's New Corporate Crime Plan

The Justice Department's new approach to tackling corporate crime is "a modest step forward when a great leap is required," said the president of Public Citizen.

Jake Johnson ·

98 Million in US Skipped Treatment or Cut Back on Essentials to Pay for Healthcare This YearjessicaAug 5, 2022
doctor visit
"People have been making trade-offs to pay for healthcare for years. Inflation has only made things worse as people are also now struggling with the high price of gas, food, and electricity," said the president of West Health, which conducted the new poll with Gallup.
Fed Chair Jerome Powell speaks at a press conference

Fears of More Recessionary Fed Rate Hikes as Jobs Numbers Smash Expectations

"A recession caused by the Fed raising rates too aggressively would undo a great deal of the enormous gains that have occurred in the current recovery," warned one economist.

Jake Johnson ·

Protesters in Sri Lanka surround the pool, some of them swimming, after overrunning the presidential palace

Opposing 'Tyranny' and 'Scoundrels,' Sri Lankan Protesters Overrun Presidential Palace

"Now the president must resign," said one protester in Colombo. "If he wants peace to prevail, he must step down."

Common Dreams staff ·

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