News

The ‘Trust America’ Trade Is Under Threat. Why the Jobs Report, BLS Firing, and Fed Resignation Sparked Market Jitters.

A so-called “sell America” trade, which led in part to the weakest 7-month stretch for the dollar in five decades, developed ...
Hoodline1d

President Trump Fires BLS Chief Following Poor Jobs Report, Fueling Fears of Political Interference in Economic Data

President Trump fired the BLS chief after a poor jobs report, amid concerns of meddling in economic data reporting and issues ...

How reliable is the jobs data? Economists and Wall Street still trust it

Most economists say that the Bureau of Labor Statistics is a nonpolitical agency staffed by people obsessed with getting the ...
Marketplace5h

That bombshell jobs report? Some economists saw it coming.

Nguyen said sure, the report showed the labor market was weaker than he’d thought. But, he said, “the data actually reaffirms ...
KVAL5h

Economists push back on Trump's claim that unfavorable jobs data was 'rigged'

The job market fell short of expectations in July. And now, the Commissioner of Labor Statistics is out of a job.

S&P 500 Momentum Reverses As Fed Signals No Rate Cut, Bad Jobs Report

The S&P 500 (SPX) saw its upward momentum reverse during the trading week ending Friday, 1 August 2025. Click to read.

White House officials defend firing of labour statistics official as critics warn of trust erosion

Top White House economic advisers on Sunday defended U.S. President Donald Trump's firing of the head of the Bureau of Labor ...