Hello! You are part of a community of millions who seek out Democracy Now! for ad-free daily news you can trust. Maybe you come for our daily headlines. Maybe you come for our in-depth stories that expose corporate and government abuses of power and lift up the voices of ordinary people working to make change in extraordinary times. We produce all of this news at a fraction of the budget of a commercial news operation. We do this without ads, government funding or corporate sponsorship. How? This model of news depends on support from viewers and listeners like you. Today, less than 1% of our visitors support Democracy Now! with a donation each year. If even 3% of our website visitors donated just $12 per month, we could cover our basic operating expenses for a year. Pretty amazing right? If you visit us daily or weekly or even just once a month, now is a great time to make a monthly contribution.

Your Donation: $

U.S. Economy Topics

Economy

Democracy Now! stories, posts and pages that relate to U.S. Economy

Newest First | Oldest First
  • Button-taibbi-headshot
    Financial reporter Matt Taibbi talks about Goldman Sach’s history of denigrating its own clients, as recently highlighted by former Goldman executive Greg Smith’s explosive resignation letter in the New York Times. Decrying what he called Goldman’s "toxic" culture, Smith said bosses at the firm called their clients "muppets" and strove to maximize profits at the expense of client interests, adding:...
    March 22, 2012 | Story
  • Elkcheliotesdebate
    We host a debate on Big Labor’s endorsement of President Obama’s re-election between labor reporter Mike Elk and Arthur Cheliotes, president of Communications Workers of America Local 1180, a union that has pledged support of President Obama. This week the AFL-CIO, the nation’s largest labor organization, endorsed Obama following earlier statements of support from several unions, including the Service Employees International...
    March 15, 2012 | Story
  • Payne-mustcrop
    Representative Donald Payne, the first-ever African-American congressman from New Jersey, died Tuesday at the age of 77 from complications of colon cancer. The former chairman of the Congressional Black Caucus was in his 12th term in the House. In 1988, Payne explained his desire to break the color line in Congress, saying, "I want to be a congressman to serve as a role model for the young people I talk to on the Newark street corners… I...
    March 07, 2012 | Story
  • Occusec
    The latest offshoot of the Occupy Wall Street movement, Occupy the SEC, has submitted a 325-page comment to the Securities and Exchange Commission that calls on regulators to resist the financial industry’s lobbying efforts to water down the Volcker Rule, a section in the Dodd–Frank Wall Street Reform and Consumer Protection Act, that aims to prevent large banks from making certain kinds of risky, speculative investments. The group is made up...
    February 24, 2012 | Story
  • Splash_image20120215-11465-1fvy1zp-0
    Today marks the first anniversary of the Wisconsin uprising that erupted after Republican Gov. Scott Walker announced plans to eliminate almost all collective bargaining rights for most public workers, as well as slash their pay and benefits. Now, one year later, Walker is in the midst of a recall effort and faces an investigation for campaign corruption. "People have begun to recognize that they shouldn’t just wait for...
    February 15, 2012 | Story
  • Splash_image20120210-19377-1l7xwza-0
    The U.S. Justice Department has unveiled a record mortgage settlement with the nation’s five largest banks to resolve claims over faulty foreclosures and mortgage practices that have indebted and displaced homeowners and sunk the nation’s economy. While the deal is being described as a $25 billion settlement, the banks will only have to pay out a total of $5 billion in cash between them. We speak to one of the settlement’s...
    February 10, 2012 | Story
  • Column_default
    After winning big in Florida, Republican presidential candidate Mitt Romney told CNN’s Soledad O’Brien who he wants to represent. “You could choose where to focus, you could focus on the rich, that’s not my focus. You could focus on the very poor, that’s not my focus. My focus is on middle-income Americans.” Of the very rich, Romney assures us, “They’re doing just fine.” With an estimated personal wealth of $250 million, Romney should know.
    February 02, 2012 | Columns & Articles
  • Splash_image20120201-9101-1cuuj3w-0
    As homeowners across the nation struggle to keep up with mortgage payments—and in the worse cases face foreclosure—a new investigation reveals that taxpayer-owned mortgage giant, Freddie Mac, made multi-billion-dollar investments that profited if borrowers stayed stuck in high-interest mortgages. Freddie Mac began increasing these investments dramatically in late 2010, at the same time it was making it harder for homeowners to get out of such...
    January 31, 2012 | Story
  • Splash_image20120201-19599-agzqp6-0
    As Freddie Mac comes under scrutiny for betting billions on investments that profit if homeowners they issued loans to are locked into high-interest mortgages, we speak with Arturo de los Santos, a U.S. Marine veteran who was evicted last year in Riverside, California, after Freddie Mac and JPMorgan Chase foreclosed on his house last June. "We were trying to get the bank’s attention to review our case again. We couldn’t...
    January 31, 2012 | Story
  • Splash_image20120130-1645-l1rzif-0
    Police have arrested more than 400 Occupy Oakland protesters, as well as a number of journalists, in one of the largest mass arrests since the nationwide Occupy protests began last year. When protesters attempted to convert a vacant building into a community center on Saturday, witnesses say police used tear gas, bean bag projectiles and flash grenades. Several hours later, police said some of the protesters broke into City Hall. However,...
    January 30, 2012 | Story