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The Dow Jones Industrial Average has topped 10,000 for the first time
in a year, as JPMorgan Chase reported massive profits in the third
quarter. Meanwhile, the Wall Street Journal is reporting that
major US banks and securities firms are on pace to pay their employees
about $140 billion this year--a record high. But on Main Street,
foreclosures are also at record levels, and the official unemployment
rate is expected to top ten percent. We speak to former bank regulator
William Black, author of The Best Way to Rob a Bank Is to Own One.
Â
The Dow Jones Industrial Average has topped 10,000 for the first time
in a year, as JPMorgan Chase reported massive profits in the third
quarter. Meanwhile, the Wall Street Journal is reporting that
major US banks and securities firms are on pace to pay their employees
about $140 billion this year--a record high. But on Main Street,
foreclosures are also at record levels, and the official unemployment
rate is expected to top ten percent. We speak to former bank regulator
William Black, author of The Best Way to Rob a Bank Is to Own One.
Â
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Donald Trump’s attacks on democracy, justice, and a free press are escalating — putting everything we stand for at risk. We believe a better world is possible, but we can’t get there without your support. Common Dreams stands apart. We answer only to you — our readers, activists, and changemakers — not to billionaires or corporations. Our independence allows us to cover the vital stories that others won’t, spotlighting movements for peace, equality, and human rights. Right now, our work faces unprecedented challenges. Misinformation is spreading, journalists are under attack, and financial pressures are mounting. As a reader-supported, nonprofit newsroom, your support is crucial to keep this journalism alive. Whatever you can give — $10, $25, or $100 — helps us stay strong and responsive when the world needs us most. Together, we’ll continue to build the independent, courageous journalism our movement relies on. Thank you for being part of this community. |
The Dow Jones Industrial Average has topped 10,000 for the first time
in a year, as JPMorgan Chase reported massive profits in the third
quarter. Meanwhile, the Wall Street Journal is reporting that
major US banks and securities firms are on pace to pay their employees
about $140 billion this year--a record high. But on Main Street,
foreclosures are also at record levels, and the official unemployment
rate is expected to top ten percent. We speak to former bank regulator
William Black, author of The Best Way to Rob a Bank Is to Own One.
Â
Â
The Dow Jones Industrial Average has topped 10,000 for the first time
in a year, as JPMorgan Chase reported massive profits in the third
quarter. Meanwhile, the Wall Street Journal is reporting that
major US banks and securities firms are on pace to pay their employees
about $140 billion this year--a record high. But on Main Street,
foreclosures are also at record levels, and the official unemployment
rate is expected to top ten percent. We speak to former bank regulator
William Black, author of The Best Way to Rob a Bank Is to Own One.
Â
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