Time to Stop Lionizing Powell
The Fed chair has been an enabler of the economy’s hyper-financialization and speculative excess. Resistance to Trump is too low a bar.
latest
Congress Has Become Almost Totally Irrelevant
The way Republicans are managing the Department of Homeland Security budget shows that Congress is now just something to work around.
Can New York Lawmakers Stop Hedge Funds From Pillaging Poor Nations?
Much of the world’s sovereign debt is governed by New York state law. One small change could stop much predatory lending.
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Federal Job Cuts Hit Black Women Hard—a Year Later, Unemployment Is Up
Losses in government positions are undermining a critical engine of economic mobility for the Black middle class.
Hegseth, Xi, Stalin
Paranoid purges of generals and admirals are common to dictators and tin-pot wannabes.
The Diplomat, the Fashion Channel, and Jeffrey Epstein
Ex-fashion mogul and U.S. Special Envoy Paolo Zampolli has a long relationship with FashionTV, which Epstein nearly bought and whose founder Michel Adam Lisowski has been accused of multiple instances of sexual misconduct.
Aftermath: Wall Street Is Lying to Itself
Financial futures indicate little damage from the Iran war. Reality begs to differ.
listen
Organized Money: Big Oil and Big Plastic Are One and the Same
Plastic is in many ways a vital technology, but did we really need to use it everywhere?
Organized Money: The Live Nation Ticketmaster Verdict
State AGs pick up the Fed’s slack and win one for the fans.
Organized Money: How AIPAC Tries to Dominate the Business of Politics
Are American voters changing their minds about the Israel lobby in American politics?
FROM THE MAGAZINE
When ICE Blows Through Rural America
As the surge in Minneapolis winds down, small communities in Minnesota (like Willmar) fend off more arrests and lasting impacts.
The Far-Right Cash Machine
There’s money in bigotry, and specialized crowdfunding platforms are where to get it.
A Retrospective on Bidenomics
Joe Biden listened to the left on full employment. But the lasting effects were wanting, and the politics were brutal.
In Case You Missed It
Meta Is a Monopoly Even if TikTok Can Compete
It is foolish to suggest that competition anywhere proves that a company isn’t a monopoly.
John Cavanaugh Against the World
The scion of a political family wants to win Omaha’s swingy congressional district and improve lives for working people, amid attacks from both parties and doubts from apathetic residents.
A Black Man’s Death at the Hands of Police Is Going Unacknowledged
Stephenson King Jr. was shot and killed by a Boston police officer last month. It hasn’t yet made national headlines.
North Carolina Farm Stole H-2A Visa Workers’ Passports: Lawsuit
A new class action lawsuit against Jackson Farming Company of Autryville highlights how agricultural employers abuse immigrant workers. New GOP policies aim to make that more common.
Aftermath: The Hormuz Farm Crisis
Today in the newsletter: Fertilizer prices are crushing rural farmers. Also, attacks on Gulf state aluminum smelters leave America exposed.
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Today on tap: commentary on the daily news
Time to Stop Lionizing Powell
The Fed chair has been an enabler of the economy’s hyper-financialization and speculative excess. Resistance to Trump is too low a bar.
Hegseth, Xi, Stalin
Paranoid purges of generals and admirals are common to dictators and tin-pot wannabes.
culture
What, Exactly, Is a Fair Wage?
Arindrajit Dube brilliantly dissects how wages really are set—but overlooks the particular hurdles that care workers face.
Vertical Vertigo
Brian Callaci’s book describes the deregulatory strategies franchisors use to protect their profits.
The Legacy of the Subway Vigilante
Two new books reveal how a 1980s shooting reflected rising right-wing attitudes in a rapidly gentrifying New York.
