President Trump has promised to revive coal's flagging fortunes. Is it possible?

Those tariffs will rise to 25 percent at the end of the year as Trump escalates a trade conflict with the world's second-largest economy. 

The bottom line is that there has been very little increase in private sector compensation or W-2 wages since the end of 2017.. One of the leading arguments for the GOP’s Tax Cuts and Jobs Act of 2017 has been that it will raise the wages of rank-and-file workers, with congressional Republicans and members of the Trump administration promising raises of many thousands of dollars within ten years. The Trump administration’s chair of the Council of Economic Advisers argued in April that we are already seeing the positive wage impact of the tax cuts:

The outrageous price of a U.S. degree is unique in the world.

The true story of how the City of London invented offshore banking – and set the rich free

The latest reading on America’s manufacturing activity has provided yet another piece of evidence that the U.S. economy is firing on all cylinders. In August, economic activity in the U.S. manufacturing sector hit its highest level since May 2004, according to the Institute of Supply Management (ISM). The ISM’s August manufacturing index was 61.3, above the 57.7 economists were expecting, and also above July’s 58.1 reading.

Bank of America has been accused of asking citizenship questions and for proof of residency, then freezing customers’ accounts after failing to properly recognize their current residency status. By Rob Wile.

After accounting for inflation, pay increases are negligible.

Acknowledging the role of luck is the secular equivalent of religious awakening.

I was surprised to wake up last Saturday morning to the headlines. Not completely shocked, but surprised nonetheless. By Todd Bunker.

The Department of Justice says prison labor is good for a company’s bottom line. By Alexia Fernández Campbell.

Bailouts of bankers, shareholders and investors helped set them off on a rebound that Americans who rely on savings or income from their weekly paycheck have yet to see.

Where the Koch brothers see government tyranny, most Americans see common-sense solutions to basic problems, it turns out. Nick Surgey, Zaid Jilani.

Her new bill would compel corporations to dump “maximizing shareholder value” and put worker representatives on their boards. By Harold Meyerson.

Ten years after the American economy nearly pitched itself into the abyss, financial elites are again banking on ignorance and incompetence. By Chris Lehmann.

The global rich have demolished institutions that once protected the working class and dismantled our democracy to orchestrate the largest transfer of wealth upward in over a century. By Chris Hedges.

'Our user community has been very devoted to us and it’s awful to think that we have let any of you down'

The Turkish lira plummeted as much as 17% against the dollar on Friday, deepening worries about the country's economic stability.

Ideas like Medicare for All are written off as fantasy thinking by the same people who support virtually unlimited military spending. By Lindsay Koshgarian.

What happens when a nation built on the concept of individual property ownership starts to give that up?

As the chain opens stores at the rate of three a day across the US, often in the heart of ‘food deserts’, some see Dollar General as an admission that a town is failing.

Europe needs to set up payment systems independent of the United States if it wants to save the nuclear deal between Iran and major powers that was abandoned by President Donald Trump, German Foreign Minister Heiko Maas said.

Please support our common dreams today. By Jake Johnson.

New data reveals how colleges are benefiting from billions in financial aid while students are left with debt they cannot repay.

Long-awaited wage growth posted its biggest increase of the economic recovery in August while payroll gains beat expectations and the unemployment rate held near a generational low of 3.9 percent, according to a Bureau of Labor Statistics report Friday. Average hourly earnings rose 2.9 percent for the month on an annualized basis, while nonfarm payrolls grew by 201,000. Economists surveyed by Reuters had been expecting earnings to rise 2.7 percent, payrolls to increase by 191,000 and the jobless level to decline one-tenth of a point to 3.8 percent.

He also suggested that there be no trade barriers of any kind among the G7.

Some big ideas are starting to percolate. But less dramatic ones might work, too.

A journalist argues the new climate has led to people without things like unemployment insurance, retirement savings and a feeling of security.

The cement industry has little reason to improve its material’s enormous environmental impact.

The World Health Organization has proposed a behavioral addiction pathology for excessive video-game playing. But maybe the problem is in the economy more than the mind.

WaPo Fails to Ask How Well Truth Was Doing to Begin With. By Dean Baker.

I’m taking a pause from journalism – while I’m gone, can someone please work out how to win back the working class? By Thomas Frank.

Japan retakes the No. 2 spot with a valuation of $6.17 trillion as China’s stock market takes a beating from a slowing economy and the trade war with the U.S.

Poor mental health may cost businesses nearly as much as physical health problems, according to researchers. A single extra poor mental health day in a month was associated with a 1.84 percent drop in the per capita real income growth rate, resulting in $53 billion less total income each year.

If every major country on earth can guarantee healthcare to all and achieve better health outcomes, while spending substantially less per capita than we do, it is absurd for anyone to suggest that the United States of America cannot do the same... Let's be clear. The American people are increasingly tired of a healthcare system that works for Wall Street investors, insurance companies and the pharmaceutical industry—but ignores their needs. By Bernie Sanders.