"When prices are rising across an entire industry—because of a pandemic, or bad weather—that’s not necessarily seen as a bad thing by executives."
When everyone’s facing higher costs, execs don’t see a problem. They see an opportunity to hike prices.
ICYMI: The NLRB has ruled that employers like Starbucks can no longer make union-busting statements that undermine workers’ trust. This decision builds a fairer pathway for unionization and supports workers’ rights to organize without fear.
Two papers from @IsabellaMWeber and team shed light on:
1️⃣ How corporations exploited supply constraints and cost shocks to hike prices
2️⃣ How profit increases in oil and gas raised prices, worsened inequality, and slowed the clean energy transition.
In a win for workers and for unions across the country, the NLRB has ruled captive audience meetings unlawful. Read the Board's thread below for why these meetings interfere with employees' rights:
"The biggest winners will likely be the rich, who pay more tax and therefore reap the biggest benefits from tax cuts. "
We can’t allow this to happen – it’s time for a fair system that puts working people first.
BREAKING: The Consumer Financial Protection Bureau announces that it will enforce the FTC's "Click-to-Cancel" rule.
That means companies illegally making it hard to cancel a subscription will be held accountable.
The @CFPB is not just another government agency— it is a vital protector against financial abuses like high fees & predatory lending. Protections like these are critical and we must continue to stand with vulnerable consumers.
2015: Yay Uber.
2024: Oops.
Errol Louis helped to sell Uber's narrow conception of racial justice --- which bemoans the problems of “hailing while Black” but says zip about Uber’s role in undermining transit services, livelihoods of taxi drivers, or racial implications of both.
Today, the @CFPB announced that it will enforce the @FTC's Click-to-Cancel Rule against financial companies that illegally create an obstacle course to cancel a subscription.
To tackle the affordability crisis, RealPage’s price-fixing must be stopped.
The fight to protect consumers, lower costs, & hold corporations accountable must go on at every level of government.
As common sense consumer protection advocates look ahead to the next few bleak years at the FTC, keep in mind that every state has a consumer protection statute that protects against "deceptive" business practices
By many measures, the U.S. economy is performing well. But many workers still feel like they're barely getting by rather than getting ahead.
We need to better understand this disconnect and work toward building a healthy economy that lifts everyone up.
How much money you need to afford a new home in the U.S. today is nearly double what was required just five years ago.
We need policies that prioritize people over profits and make owning a home a possibility, not a pipe dream.
"The most important work the Biden administration did was to revitalize antitrust policy, to break up big corporations, to give people back power."
Fair access to small business loans is essential for the success of our economy. Today, the @CFPB released results of a secret shopping study, which revealed significant disparities in how lenders treat Black and white small business owners seeking loans.
