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Trump, Jobs Report

CNN on MSN · 5h

Trump says the Bureau of Labor Statistics orchestrated a ‘scam.’ Here’s how the jobs report really works

President Donald Trump claimed without evidence that the massive revisions to the latest jobs report constituted a “scam.” Yet revisions by the BLS were neither historic nor evidence of corruption.

The New Republic on MSN · 51m

Trump Pushes Desperate Defense for Firing BLS Chief Over Jobs Report

President Trump on Sunday defended his decision to fire the head of the Bureau of Labor Statistics (BLS) following a weak jobs report, a move that has sparked broad pushback. Trump in a post on his Truth Social platform asserted that fired BLS Commissioner Erika McEntarfer “had the biggest miscalculations in over 50 years,” portraying…

Fox Business on MSN · 2h

Bank of America's CEO responds to weak jobs report that spurred Trump firing of BLS chief

Bank of America CEO Brian Moynihan said there must be better ways to collect employment data after President Trump fired the BLS commissioner following a weak jobs report.

Fed, Jobs and rates

Brokerages retain September rate cut bets after soft jobs report

Traders are pricing in 58.5 bps in rate cuts by year-end, according to data compiled by LSEG. They are penciling in about a 77.7% chance of a 25-bps cut in September, according to the CME Group's FedWatch tool.

Wall Street Bets on Fed Rate Cuts After Rough Jobs Report

Friday's dismal jobs report sparked a brutal selloff in equities, but after a weekend cooling-off period, investors appear to now be looking on the bright side. Futures tracking the three blue-chip U.

InvestorsHub on MSN · 9h

U.S. Dollar Weakens Further as Traders Bet on Fed Rate Cut Following Jobs Miss

The dollar extended its retreat on Monday after a disappointing U.S. jobs report added fuel to speculation that the Federal Reserve may begin easing rates as early as next month. As of 04:20 ET (08:20 GMT),

7hon MSN

5 things to know for August 4: Jobs report, Texas redistricting, Montana bar shooting, Abortion, Covid-19

He fired Commissioner Erika McEntarfer on Friday, shortly after the release of a weaker-than-expected jobs report that showed ...

2d

July jobs report: It’s a bad, terrible, not-so-good report. Here are the gory details.

Fed Chair Jerome Powell said the data will decide whether the central bank can cut rates in September. So all eyes are on the ...

5hon MSN

The Latest: Global Markets Mostly Gain After Trump Tariffs and Jobs Report Sent Wall Street Tumbling

Tokyo’s Nikkei 225 index lost 1.3%, bouncing back from bigger losses earlier in the day to finish at 40,290.70. The Hang Seng ...

4hon MSN

US stocks open higher, regaining lost ground made on weak jobs report and new tariff rates

US stocks open up, recovering from weak jobs data and new tariff rates. Focus on Aug 7 tariff deadline, earnings and whether ...

5hon MSN

‘Trust America’ Trade 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 ...

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