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Wednesday, July 15, 2020 7:40 AM ET

World Socialist Web Site - Business

The politics of the capitalist debt economy

1 day ago

OECD pushes for cuts in assistance for jobless

6 days ago

New York City Democrats ensure budget protects NYPD and guts social services

7 days ago

Nearly 200,000 jobs lost in the UK amid pandemic

8 days ago

Germany's Commerzbank plans to cut 11,000 jobs

8 days ago

Thousands more jobs destroyed in Australia

8 days ago

Millions in the US face catastrophe as federal unemployment relief set to expire amid surging pandemic

11 days ago

Trump administration gives private equity firms access to 401(k) retirement funds

11 days ago

Sri Lankan president orders Central Bank to give more credit to big business

11 days ago

US unemployment rate dips, but millions remain jobless or face wage cuts

12 days ago

US Fed official warns of potential for a financial crisis

12 days ago

Coronavirus crisis triggers mass layoffs, wage cuts across Europe

14 days ago

Royal Mail workers in the UK face jobs massacre

15 days ago

A revealing comment from a finance chief

15 days ago

Another 1.5 million US workers file for jobless benefits

19 days ago

Wirecard: The German economy sinks into criminality

19 days ago

New York City mayor de Blasio threatens 22,000 municipal worker layoffs

19 days ago

IMF downgrades forecast for global economy

20 days ago

Pandemic intensifies unemployment and poverty among Turkish workers

21 days ago

Aviation industry workers face deep cuts to pay and hours worldwide

25 days ago

Air France-KLM prepares to slash at least 6,000 jobs

25 days ago

Joblessness reaches Great Depression levels in Australia

25 days ago

US jobless disaster intensifies as 1.5 million filed for unemployment last week

25 days ago

US escalates trade and economic conflicts

26 days ago

Fed boosts support for stock market by expanding corporate debt purchases

28 days ago

Australian PM outlines bipartisan austerity offensive

28 days ago

OECD report points to pandemic's long-term impact

29 days ago

Macron announces mass bankruptcies and layoffs as coronavirus restrictions are ended

28 days ago

Nearly 24,000 Ohioans told to return unemployment payments

29 days ago

Nurses outraged over US hospital chain bailouts, layoffs and bloated CEO pay

29 days ago

Over 1.4 million US education jobs slashed in April and May

1 month ago

Biggest fall on Wall Street since March meltdown

1 month ago

Fed to keep interest rates near zero indefinitely

1 month ago

The paradox of the Wall Street surge

1 month ago

German government's stimulus package: €50 billion for automakers, €1 billion for childcare

1 month ago

Trump hails dubious May jobless report to boost stock market, back-to-work drive

1 month ago

Australian government hands more cash to big business as recession deepens

1 month ago

New US weekly unemployment claims near 2 million as foreclosures, hunger loom

1 month ago

Zambia's bid for IMF rescue deal thwarted by Washington's anti-China campaign

1 month ago

European Central Banks boosts support for financial markets

1 month ago

Nissan confirms job cuts as strike against Spanish plant closures continues

1 month ago

Economic effects of pandemic to last a decade

1 month ago

Union supports ditching temporary workers at Meyer shipyard in Germany

1 month ago

Microsoft to replace MSN news production workers with artificial intelligence

1 month ago

Nearly half of all teachers in Brookline, Massachusetts receive pink slips

1 month ago

Thousands of retail jobs eliminated in Sprint and T-Mobile telecom merger

1 month ago

Pandemic intensifies social crisis in New Zealand

1 month ago

Amid worsening economic downturn, European Union moves to set up bailout fund

1 month ago

City University of New York to lay off thousands of adjunct faculty amid financial crisis

1 month ago

Financial press hails Australian government's union-employer offensive against workers

1 month ago

American ruling class exploits the pandemic to escalate assault on jobs and wages

1 month ago

UK: Johnson government to unveil second multi-billion bailout of big business

1 month ago

With US states facing a $230 billion loss in education funding, Betsy DeVos channels public assets to private schools

1 month ago

Unemployment skyrockets among youth

1 month ago

Hundreds of thousands of Americans face homelessness during pandemic as states begin lifting restrictions on evictions

1 month ago

After French bailout, Renault-Nissan announces global jobs massacre

1 month ago

Thyssenkrupp in Germany to be broken up

1 month ago

Maryland Democratic Party officials cite coronavirus crisis to impose sweeping budget cuts on workers

1 month ago

Sri Lankan Everbest garment workers protest job and wage cuts

1 month ago

Chinese leadership drops economic growth target

1 month ago

Global rental car giant Hertz added to growing list of US corporations filing for Chapter 11 bankruptcy

1 month ago

European Union pushes reopening of beach resorts and hotels for summer holiday season

1 month ago

Uber lays off 6,700 white-collar workers as it continues restructuring

1 month ago

US Agriculture Department outlines program to aid farmers hit by pandemic

1 month ago

Wealth of US billionaires soars as pandemic expands, nearly 40 million unemployed

1 month ago

US unemployment claims approach 40 million since March

1 month ago

Further details emerge on the extent of the mid-March financial crisis

1 month ago

Merkel and Macron's European bailout: €500 billion for trade war and austerity

1 month ago

Nearly 1.5 million health care workers laid off in pandemic-fueled jobs massacre

1 month ago

The economic impact of the pandemic on young workers in Wayne County, Michigan

1 month ago

US government to file antitrust lawsuit against Google this summer

1 month ago

Mass sackings as German department store group closes up to 80 stores

1 month ago

US retailer JCPenney to close nearly one-third of department stores, announces bankruptcy

1 month ago

New Zealand Labour government promises billions for big business

1 month ago

Australian government heightens trade conflict with China

1 month ago

US Fed report reveals depth of financial crisis it helped create

1 month ago

US House passes $3 trillion coronavirus "relief" bill

1 month ago

Prices for basic foods soar in the US as pandemic disrupts supply chains

1 month ago

Australian governments exploit mass unemployment to coerce workers into unsafe workplaces

1 month ago

Worsening conditions at Hirdaramani garment plants in Sri Lanka

1 month ago

Unemployment soars in New Zealand

1 month ago

Three million more US workers apply for unemployment, reaching 36 million in two months

2 months ago

Local county officials in California bow before billionaire's demand to reopen Tesla factory

2 months ago

Fed chief calls for more money for Wall Street and corporations

2 months ago

Democrats release fraudulent "relief" bill

2 months ago

UK: Johnson government readies post-lockdown onslaught against working class

2 months ago

German companies plan layoffs, attacks on wages and benefits amid coronavirus pandemic

2 months ago

India's calamitous COVID-19 lockdowns leave more than 120 million jobless

2 months ago

Ohio University lays off 140 workers amid massive statewide cuts to higher education

2 months ago

Mounting worker opposition to Quebec's reckless back-to-work drive

2 months ago

Mass joblessness deepens in US as corporations move to implement permanent layoffs

1 month ago

US state and municipal governments plan massive austerity to meet COVID-19 budget shortfalls

2 months ago

With minimal federal relief, US states plan huge cuts to public education

2 months ago

UK Chancellor Sunak to wind down furlough wage scheme as part of back-to-work offensive

2 months ago

Jobs massacre deepens in European aviation as four UK corporations announce 26,000 redundancies

2 months ago

Nearly half of Australia's young hospitality workers lose their jobs

2 months ago

Mired in debt, Sri Lankan government vows to avoid default

2 months ago

Layoffs and corporate bankruptcies spread as US workers face mounting hardship

2 months ago

The political economy of capitalist debt

2 months ago