Category: Article

Starbucks has quietly resumed its stock buyback program, less than a year after CEO Howard Schultz announced their suspension in a bid to quell the…

By Donald Shaw and David Moore, Sludge Weeks after the Consumer Financial Protection Bureau announced that it was planning to cap credit card late fees…

The derailment of a Norfolk Southern train carrying 20 railcars of toxic chemicals in western Ohio has renewed scrutiny on precision scheduled railroading (P.S.R.)--a controversial…

On February 3, 2023, a Norfolk Southern freight train derailed in East Palestine, Ohio. It's an environmental catastrophe that illustrates how workers' rights, corporate exploitation…

Major Wall Street banks are making billions from the Federal Reserve’s efforts to fight inflation, while American consumers are loading up on debt and falling…

By Donald Shaw and David Moore, Sludge Shortly after striking a deal to kill legislation that would have made it harder for investment managers to pay…

Bed, Bath and Beyond is spiraling towards bankruptcy, but in a cruel twist of fate reminiscent of other recent retailers, the executives responsible for wrecking…

By Donald Shaw and David Moore, Sludge North Carolina Republican Rep. Virginia Foxx has been a prominent critic of the Biden administration’s overturning of a…

House Republican leader Kevin McCarthy (R-CA) has a difficult fight on his hands to win the 218 votes needed to become the next Speaker of…

By Donald Shaw and David Moore, Sludge Several bills to curb the market power of the world's largest tech companies are being stalled to death…

In a stunning upset, the Brotherhood of Locomotive Engineers and Trainmen, the 28,000-member union of railroad workers, has elected a new president. Eddie Hall, a…

By Donald Shaw and David Moore, Sludge Arizona Sen. Kyrsten Sinema is leaving the Democratic Party to register as an independent, again complicating the ambitions…