Page 32 - Groundwork Collaborative News Today

The top 10 retailers have raked in $99 billion of profit last year, according to one corporate accountability group.

Rather than veer to the right, the party should embrace an inclusive populism.

“The American people are sick and tired of corporate greed,” Sanders said.

Hearing will Focus on How an Imbalance of Power Between Employers and Workers Leads to Economic Disparities WASHINGTON – On Wednesday, April 6, 2022, at 12:00 pm ET, Congressman Jim Himes (CT-04), Chairman of the U.S. House Select Committee on Economic Disparity and Fairness in Growth, will hold a hybrid hearing examining how power concentration leads to greater economic

"CEOs can't stop bragging on corporate earnings calls about jacking up prices on consumers to keep their profits soaring," said one expert.

A new poll has some pretty grim economic news for Democrats: Respondents associate the phrase “middle class” more with Republicans.

The high cost of goods right now isn't just a product of the pandemic. It's also a result of years of corporations squeezing the supply chain.

How much of inflation is really price gouging? If you’ve been slammed lately by higher prices on everything from groceries to rental cars and gas prices, you’re probably wondering what on earth is behind these skyrocketing costs.

Mega-companies are using market power to raise prices and generate record profits, while hiding behind claims of inflation.

Mark Zandi, the chief economist for Moody’ s Analytics, told the House Financial Services Committee on Tuesday that elevated prices for oil and other commodities, partly due to Russia’ s invasion of Ukraine, could force the Federal Reserve into“ no good choice” on interest rates. Mr. Zandi said inflation cost the average U.S. family about $3,300 more in 2021..