AI data centers are unpopular for good reason: they drive up utility costs for communities, crowd out everything from schools to family farms, and they’re bad for our health. But these data centers are also a financial crisis in slow motion. The AI ecosystem is built on mountains of debt taken on not only by tech firms like Meta (which borrowed a record-breaking $25 billion in late 2025 to…
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Republican Sen. Roger Marshall (Kansas) sued hundreds of his patients for outstanding debts and had dozens of them arrested over the course of his decades-long career as an obstetrician-gynecologist, new reporting reveals. Court records show that Marshall, who is running for reelection this fall, sued over 700 of his patients for debts, according to The New York Times. His practice…
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President Donald Trump is boasting about the economy one year into his term. He claims that inflation has been defeated, growth is unprecedented, incomes are rising, and his tariffs are generating hundreds of billions for the U.S. economy. This is all hogwash, according to progressive economist Gerald Epstein, a leading global authority on macroeconomic policy and finance.
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Electricity bills for millions of utility customers are skyrocketing across the U.S. while the number of households facing extreme utility debt is mounting. Energy costs are being turbocharged by the AI data center boom, which is prolonging the burning of fossil fuels in the face of intensifying climate chaos. Overseeing all this is a powerful regime of investor-owned utilities that dominate our…
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The Debt Collective is perhaps best known for the ripple effects of the small student loan repayment strike the group organized against a defunct for-profit college in 2015. The strike grew into a nationwide movement demanding justice for millions of people facing overwhelming student debt. By 2025, the Biden administration had approved $188.8 billion in student debt relief for more than 5 million…
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