News

July Jobs Report Shows Hiring Slowed: 5 Key Takeaways
The U.S. economy added 73,000 jobs in July, which is fewer than expected, as the unemployment rate increased to 4.2%.
Markets now betting Fed will cut rates in September after disappointing jobs report
The probability of a Federal Reserve rate cut in September jumped dramatically following weak employment data, with market ...
In rejecting the jobs report, Trump follows his own playbook of discrediting unfavorable data
President Donald Trump has a pattern of dismissing or altering data that reflects poorly on him. During his first term, the ...
Marketplace1d
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 ...
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 ...
Economy Updates: After a Weak Jobs Report, Trump Fires That Agency’s Commissioner
Hours after data showed cracks in the U.S. economy, President Trump said without evidence that Erika McEntarfer “rigged” the ...
The ‘Trust America’ Trade Is Under Threat. Why the Jobs Report, BLS Firing, and Fed Resignation Sparked Market Jitters.
The surprise resignation of Federal Reserve Governor Adriana Kugler on Friday compounded the market jitters, which were seen ...