Stellantis’s Tariff Plan: Cut Jobs and Reward Shareholders
Stellantis used the Trump administration’s tariffs as an excuse to lay off nearly 1,000 workers. Two weeks later, the automaker announced a $2.26 billion payout to its shareholders.
10 Articles by: Luke Goldstein
Luke Goldstein is an investigative journalist based in Washington, DC. He was most recently a writing fellow at the American Prospect and was with the Open Markets Institute before that.
Price Gougers Are Exploiting Trump’s Tariffs
“Price optimization” consultants are helping clients capitalize on Trump’s chaotic tariff rollout by using surveillance pricing tools, while Republican FTC chair Andrew Ferguson is reversing efforts to keep them in check.
Trump’s IRS Pick Has Ties to Shady Donors Under IRS Scrutiny
Donald Trump’s nominee for Internal Revenue Service director, Billy Long, just had his six-figure debt paid off by campaign donors whose firms are under scrutiny by the IRS for potential tax fraud.
Florida Republicans Want to Gut the State’s Minimum Wage Law
In Florida, the GOP-dominated state legislature is rapidly advancing a suite of bills allowing employers to underpay sub-minimum-wage workers — including children.
Hospitals Are Cashing In on Real Estate
Nonprofit hospital chains are buying up billions of dollars’ worth of real estate across the US, dodging property taxes using their charity status.
Meta Helped Write a Delaware Law Protecting Mark Zuckerberg
This week, Delaware passed a bill that would shield tech billionaires Mark Zuckerberg and Elon Musk from litigation. Zuckerberg’s company, Meta, helped write the law.
Big Ag Is Blaming High Egg Prices on Cage-Free Laws
Large egg farmers as well as Donald Trump’s agriculture secretary are blaming egg shortages and high prices in part on state-level regulations that prohibit crates and cages for chickens. The Department of Agriculture’s own data contradicts this story.
Trump Helps Credit Card Companies Fight Interest Rate Caps
Although on the campaign trail Donald Trump proposed capping credit card interest rates, his administration is withdrawing support for a Colorado state law that would impose such caps.
Trump’s Crypto-Invested AI Czar Cleared to Oversee Crypto
The Trump administration has issued a blanket ethics waiver to venture capitalist David Sacks, the president’s new special advisor for AI and crypto. The waiver clears Sacks to work on regulatory issues directly related to his financial holdings.
Google Is Jacking Up Its Prices
Google is jacking up the monthly price for its cloud-based software. If all users paid that standard increase, it would mean an additional $7.2 billion in monthly revenue for the company.