ScheerPost Staff Journalist Ben Norton lays out the brutal logic of Iran’s asymmetric counteroffensive — and the global economic catastrophe it’s already unleashing. As Norton explains, Tehran has closed the…
Brad Reed for Common Dreams President Donald Trump’s unprovoked and unconstitutional war against Iran is sending shockwaves across the global economy in the form of skyrocketing oil prices and diving…
After moving manufacturing to the developing world to save on labor, Nike and other apparel brands are shifting employment in their Indonesian supply chain away from high-wage parts of the…
Fear of aggressive deportation raids is deterring foreign visitors, leading to a reduction in hours for workers and lost revenue.
Sluggish labor market swells ranks of long-term unemployed, leaving some job seekers frustrated with an ever-shifting hiring landscape.
By Ellen Brown A Jan. 17 article on Quartz Markets by Catherine Baab reports that JPMorgan Chase, Goldman Sachs, Wells Fargo, Citigroup and Bank of America returned nearly all of…
There has been “almost no hiring since April,” observed one economist.
While industrialisation remains a top priority for Global South countries, debt-driven austerity, corporate dominance, wars, and sanctions keep many poorer nations locked into dependency and underdevelopment.
By Joshua Scheer In a nationally televised primetime address from the White House, President Donald Trump spent much of the speech defending his economic record and touting the strength of…
The Indian state of Kerala has eradicated extreme poverty through clear public policy, decentralised planning, and the leadership of its cooperative movement.
By BBC News Sundar Pichai, CEO of Alphabet Inc. (parent of Google), described the current surge in artificial-intelligence (AI) investment as an “extraordinary moment,” while warning that it carries significant…
By Ellen Brown / Original to ScheerPost “We will build a city-owned bank — not to serve shareholders, but to serve you. A bank that invests in housing, in transit,…
Polls suggest 74 percent of voters in the state will back a ballot initiative to counter the effects of Citizens United.
Krystal and Saagar discuss the economy screwing Republicans in key elections across the US.
By Jake Johnson / Common Dreams The US Supreme Court late Friday temporarily blocked a lower court order that required the Trump administration to fully fund Supplemental Nutrition Assistance Program…
