News

The ‘Trust America’ Trade Is Under Threat. Why the Jobs Report, BLS Firing, and Fed Resignation Sparked Market Jitters.
The stock market did a nosedive on Friday on worries that the U.S. economy may be weaker than previously thought and that ...
How reliable is the jobs data? Economists and Wall Street still trust it
The monthly jobs report is already closely-watched on Wall Street and in Washington but has taken on a new importance after ...
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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 ...
White House searches for a new BLS chief with 'credibility' and 'experience'
Trump fired the previous head of the Bureau of Labor Statistics after he was unhappy with a weaker-than-expected July jobs ...
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Former BLS commissioner says it’s not possible to rig jobs numbers
On Friday, President Trump fired the head of the Bureau of Labor Statistics, Erika McEntarfer, after the July jobs report ...
How unusual are jobs numbers revisions? According to experts, they're a common feature.
The Bureau of Labor Statistics last week issued a steep downward revision to May and June's hiring numbers, prompting ...
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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.