Iran has put a tollgate across the Strait of Hormuz. This fundamentally changes the global economy.
David Dayen
David Dayen is the executive editor of The American Prospect. He is the author of Monopolized: Life in the Age of Corporate Power and Chain of Title: How Three Ordinary Americans Uncovered Wall Street’s Great Foreclosure Fraud. He co-hosts the podcast Organized Money with Matt Stoller.
He can be reached on Signal at ddayen.90.
Posted inPodcasts
Organized Money: California Attorney General Rob Bonta Is Not Done With Ticketmaster
The system is not completely broken, and it shows when states pick up the shattered pieces of our federal system.
Posted inEconomic Policy
Private Equity’s Great Escape
The industry bought companies for too much money and made a bunch of bad loans. Now they’re scrambling to avoid the reckoning.
Posted inHealth and Social Policy
Mamdani Announces Free Child Care Program for City Workers
The provider will be on the ground floor of the Dinkins Municipal Building, and is another step on the road to a free, universal program citywide.
Posted inEconomic Policy
Billionaire Wealth Has Doubled So Far This Decade
An estimate of a new wealth tax proposal shows that it would generate twice as much revenue as it did when it was first introduced in 2021.
Posted inTechnology
Social Media’s Endgame Moment
Even users don’t like it. So when you ask juries to render verdicts, they’re inclined to punish the platforms.
Posted inPolitics
Here’s the Proposed Deal to Fund Most of DHS
Everything would be funded except ICE enforcement, and some reforms added, while Republicans would try a long-shot reconciliation bill for ICE money afterward.
Posted inPodcasts
Organized Money: The Business of Betting on Murder with Sen. Chris Murphy
Bet you can’t guess who is insider trading the Iran War.
Posted inPolitics
Tom Steyer Is Trying Politics
To revive a dead political culture that could lead to a Republican becoming governor in one of the nation’s most Democratic states, the billionaire former investor is talking to voters.
Posted inLaw and Justice
Democratic States Seek to Block Massive TV Station Merger
The team-up of Nexstar and Tegna would cover 80 percent of U.S. households. It’s the first of several cases where states are at odds with pay-to-play federal antitrust enforcement.