President Donald Trump announced on Friday the dismissal of the US Commissioner of Labor Statistics, just hours after the entity had published its latest report on job growth and the economy. Commissioner Erika McEntarfer has been leading the Bureau of Labor Statistics (BLS) since January 2024. The post, a four-year term, is the only one in the agency that is …
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Training Camp Report: Aug. 1 – A Friday night to remember – Steelers.com
Training Camp Report: Aug. 1 – A Friday night to remember Steelers.com Steelers training camp observations: Defense flexes depth without Joey Porter Jr., Kaleb Johnson improves Pittsburgh Post-Gazette Steelers Inside the Ropes: Annual night practice at Latrobe draws more than 13,000 TribLIVE.com Security will be heightened for Steelers Fest and “Friday Night Lights” practice on Friday CBS News Steelers observations: Kaleb Johnson better in …
Read More »A Weak Jobs Report Signals Stagflation. Blame Tariffs. – Barron's
A Weak Jobs Report Signals Stagflation. Blame Tariffs. Barron’s U.S. added just 73,000 jobs in July and numbers for prior months were revised much lower CNBC Charting the Global Economy: US Job Market Wavers in Cue for Fed Bloomberg.com US labor market cracks widen as job growth hits stall speed Reuters Cooling Job Market Opens Door to September Cut Despite Inflation Jitters The Wall Street …
Read More »Weak Jobs Report Sparks Big Rally in Short-Dated Treasuries – Barron's
Weak Jobs Report Sparks Big Rally in Short-Dated Treasuries Barron’s Treasury yields tumble after much weaker-than-expected July jobs report, Fed governor resigns CNBC Treasuries Jump After Slower Job Growth Boosts Fed Cut Bets Bloomberg 10-Year Treasury Yield Sinks to 5-Week Low on Tariff and Job Market Fears TipRanks 10-Year Treasury Yield Long-Term Perspective: July 2025 Advisor Perspectives Source link
Read More »Trump says he will fire labor statistics chief after weak jobs report – Axios
Trump says he will fire labor statistics chief after weak jobs report Axios Trump, Claiming Weak Jobs Numbers Were ‘Rigged,’ Fires Labor Official The New York Times Republican senators raise concerns about Trump’s firing of Labor Dept. official NBC News Trump Gets Rid of Those Pesky Statistics The Atlantic Brooks and Capehart on Trump’s firing of labor statistics head after weak jobs report PBS Source …
Read More »‘Banana Republic’: Experts Horrified as Trump Demands BLS Director’s Firing Over Bad Jobs Report
U.S. President Donald Trump stunned economics experts on Friday when he demanded the firing of Erika McEntarfer, the current commissioner of the Bureau of Labor Statistics. In justifying his call to fire McEntarfer, Trump baselessly accused her of manipulating economic data to hurt him politically by releasing a report showing that the economy only added 73,000 jobs last month. “McEntarfer …
Read More »Trump fires Bureau of Labor Statistics commissioner after dismal employment report
WASHINGTON (AP) — President Donald Trump on Friday removed the head of the agency that produces the monthly jobs figures after a report showed hiring slowed in July and was much weaker in May and June than previously reported. READ MORE: U.S. employers added just 73,000 jobs last month as labor market weakens in face of Trump trade wars Trump, …
Read More »Backstage Report On Creative Plans For WWE SummerSlam 2025
Wwe/Getty Images This upcoming weekend, the first ever two-day WWE SummerSlam is set to take place at MetLife Stadium in East Rutherford, New Jersey, but before the action begins, the “Wrestling Observer Newsletter” has provided a new update on the creative plans heading into the event. According to Dave Meltzer, multiple championships are …
Read More »Alarming jobs report makes potent case for the Fed to cut interest rates – Axios
Alarming jobs report makes potent case for the Fed to cut interest rates Axios Fed governors Bowman, Waller explain their dissents, say waiting to cut rates threatens economy CNBC Fed Dissenters Defend Call for July Rate Cut as Trump Intensifies Attacks on Powell The New York Times Fed holds rates steady but sees first double dissent in three decades The Hill Powell didn’t just …
Read More »Shockingly bad jobs report reveals a months-long stall and may trigger Fed rate cuts soon. ‘Powell is going to regret holding rates steady’
The U.S. labor market looks much weaker than previously thought, and Wall Street now expects the Federal Reserve to resume rate cuts sooner rather than later. The Labor Department reported Friday that payrolls grew by just 73,000 last month, well below forecasts for about 100,000. But downward revisions for prior months shocked investors even more, revealing that the labor market …
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