Finance

American Money

When It Comes to Taxes, Donald Trump and Hillary Clinton Have 1 Thing in Common When It Comes to Taxes, Donald Trump and Hillary Clinton Have 1 Thing in Common

Tax avoidance by the wealthiest Americans—including the presidential front-runners—costs the US government an additional $130 billion per year.

May 5, 2016 / Nomi Prins

Larry Fink

Here’s Why We Can’t Rely on Shareholders to Fix CEO Pay Here’s Why We Can’t Rely on Shareholders to Fix CEO Pay

BlackRock, the top money manager in the world, claims to want to link performance with executive compensation. But its actions tell a different story.

May 4, 2016 / Sarah Anderson

Bernie Sanders leaves the Vatican

Why Sanders Skipped Clooney and Visited the Vatican Why Sanders Skipped Clooney and Visited the Vatican

Sanders’s hope for a moral economy is amplified at the Vatican.

Apr 19, 2016 / Katrina vanden Heuvel

A demonstrator supports bailing out Puerto Rico

Orwell in Puerto Rico: Congress ‘Promises’ a New Dictatorship Orwell in Puerto Rico: Congress ‘Promises’ a New Dictatorship

It says it’s going to resolve the island’s debt fairly, but the PROMESA bill establishes an authoritarian collection agency for hedge funders.

Apr 15, 2016 / Nelson Denis

The Panama Papers—and People Power—Force Iceland’s Prime Minister to Resign

The Panama Papers—and People Power—Force Iceland’s Prime Minister to Resign The Panama Papers—and People Power—Force Iceland’s Prime Minister to Resign

Citizens are enraged that his government enforced strict capital controls while he stashed his own money in the Caribbean.

Apr 5, 2016 / James North

Panama Papers

The Panama Papers Are Only the Beginning The Panama Papers Are Only the Beginning

Financial crimes and political conspiracies aren’t discrete events but the essence of neoliberalism.

Apr 5, 2016 / Greg Grandin

1930s rowhouses

How Banks and Developers Collude to Get Rid of New York’s Affordable Housing How Banks and Developers Collude to Get Rid of New York’s Affordable Housing

Granting huge mortgages on rent-regulated buildings doesn’t make financial sense—unless lenders know buyers will kick out existing tenants.

Apr 5, 2016 / DW Gibson

Congressional Progessive Caucus

This Congressional Progressive Caucus Budget Shows That Bold, Progressive Ideas Are Feasible and Sensible This Congressional Progressive Caucus Budget Shows That Bold, Progressive Ideas Are Feasible and Sensible

The remarkable CPC People’s Budget is an urgent call for the kinds of bigger, bolder reforms that can make our lives better. 

Mar 22, 2016 / Katrina vanden Heuvel

Detroit Water Protest

How Wall Street Caused a Water Crisis in America’s Cities How Wall Street Caused a Water Crisis in America’s Cities

Vulnerable residents are paying the price for dangerous financial deals.

Mar 11, 2016 / Carrie Sloan

Hillary Clinton and Bernie Sanders

The Economic Dilemma Democrats Face in 2016 The Economic Dilemma Democrats Face in 2016

The challenge for any Democratic candidate is to learn—and learn fast—that he or she must be the candidate of fundamental change, not the candidate of continuity.

Feb 23, 2016 / Katrina vanden Heuvel

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