News

Revisions are a common feature of any jobs report says former BLS commissioner
The Bureau of Labor Statistics last week issued a steep downward revision to May and June's hiring numbers, prompting ...
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 ...
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 ...
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.