Finance

President-elect Donald Trump rings the opening bell on the trading floor of the New York Stock Exchange on December 12, 2024, in New York City.

Donald Trump Is Crashing the Economy, but Wall Street Is Afraid to Speak Out Donald Trump Is Crashing the Economy, but Wall Street Is Afraid to Speak Out

Everyone knows Trump is messing up, but fear and greed prevent resistance.

Mar 14, 2025 / Jeet Heer

Person walking by a store. A sign readers

How Trump Plans to Manipulate US Economic Data to Gaslight the Public How Trump Plans to Manipulate US Economic Data to Gaslight the Public

The president and his GOP cronies want to tamper with government statistics and use deceptive budget gimmicks to lie about the impact of their massive tax and budget cuts.

Mar 10, 2025 / Sam Gustin

Democrats protest with signs (“Medicaid,” “Musk”) as President Donald Trump addresses a joint session of Congress in the Capitol building’s House chamber in Washington, DC, on March 4, 2025.

How to Save the Democratic Party From Itself How to Save the Democratic Party From Itself

The flailing and unpopular party elite needs to be replaced with fighting economic populists.

Mar 7, 2025 / Jeet Heer

Argentian President Javier Milei outside the Casa Rosada presidential palace in Buenos Aires.

Javier Milei’s Crypto Scandal Is Part of a Larger Network of Grift and Graft Javier Milei’s Crypto Scandal Is Part of a Larger Network of Grift and Graft

The Argentinian president faces impeachment charges for endorsing a crypto rug pull, via the same network that apparently launched Melania Trump’s memecoin.

Feb 19, 2025 / Jacob Silverman

Why Elon Musk and the GOP Have the Consumer Finance Protection Bureau in Their Crosshairs

Why Elon Musk and the GOP Have the Consumer Finance Protection Bureau in Their Crosshairs Why Elon Musk and the GOP Have the Consumer Finance Protection Bureau in Their Crosshairs

Republicans have long wanted to kill the CFPB. With Musk and Russell Vought, they may finally have their chance.

Feb 11, 2025 / Chris Lehmann

Demonstrators protest federal layoffs and demand the termination of Elon Musk from the Department of Government Efficiency (DOGE) in Washington, DC, on February 7, 2025.

The Democrats’ Choice: Fight Trump’s Oligarchy or Keep Groveling to Billionaire Donors The Democrats’ Choice: Fight Trump’s Oligarchy or Keep Groveling to Billionaire Donors

Elon Musk’s power grab is finally energizing a resistance. But it’s already being undermined by the party elite’s dependency on Silicon Valley.

Feb 10, 2025 / Jeet Heer

Tesla and SpaceX CEO Elon Musk gestures as he speaks during the inaugural parade in Washington, DC, on January 20, 2025.

Who Will Stop Elon Musk’s Coup? Who Will Stop Elon Musk’s Coup?

The world’s richest man now has the power to override congressional spending decisions and access to private information about every US taxpayer.

Feb 3, 2025 / Jeet Heer

A hand holds an iPhone. The screen shows the application DeekSeek asking,

Why DeepSeek’s Surprise Breakthrough Shouldn’t Have Come as a Surprise Why DeepSeek’s Surprise Breakthrough Shouldn’t Have Come as a Surprise

While America was busy with stock buybacks and quarterly profits, China spent decades building an integrated system linking research, manufacturing, and innovation.

Jan 30, 2025 / Corbin Trent

Jaime Harrison, chairman of the Democratic National Committee, hands the gavel to Mitch Landrieu, Democratic National Convention Committee cochair, during the second day of the Democratic National Convention at the United Center on August 20, 2024, in Chicago.

What Will the New DNC Chair Do to Curb the Role of Outside Money in Democratic Primaries? What Will the New DNC Chair Do to Curb the Role of Outside Money in Democratic Primaries?

The flood of dark money in Democratic primaries now represents a clear and present danger to a party that is in desperate need of new leadership and a new direction. In the wake of…

Jan 16, 2025 / Robert L. Borosage

David Rubenstein, founder of The Carlyle Group, is awarded the Presidential Medal of Freedom by President Joe Biden in the East Room of the White House on January 4, 2025.

Joe Biden Loves Awarding Participation Trophies to the Failed Establishment Joe Biden Loves Awarding Participation Trophies to the Failed Establishment

Unwavering support for ancien régime restoration means prizes for Liz Cheney, Hillary Clinton, and George Soros.

Jan 6, 2025 / Jeet Heer

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