News

Bessent: How Can The Fed Set Rates When Jobs Data Is This Broken? "This Was A Five Standard Deviation Mistake"
Treasury Secretary Bessent defended President Trump's decision to fire Bureau of Labor Statistics (BLS) head Erika McEntarfer after unprecedented downward revisions to May and June jobs figures ...
Fed chief candidate gins up new conspiracy on data quality — this time on GDP
Kevin Hassett, the director of the National Economic Council and one of the so-called “two Kevins” that may be the next chief ...
Markets are near-certain of a September rate cut as more Fed presidents turn dovish overnight
Neither Presidents Kashkari or Daly—nor Governor Cook—dissented at the July meeting. With Governor Chris Waller and FOMC ...
Trump Fires Bureau Of Labor Statistics Commissioner Over Data Integrity Concerns
President Donald Trump fired the nation’s top labor statistics official over the weekend while igniting a political firestorm ...
Ex-Trump official criticizes him for firing head of statistics agency
An official who ran the federal Bureau of Labor Statistics during President Donald Trump’s first term is criticizing Trump ...
Institute on Taxation and Economic Policy3hOpinion
Trump’s Firing of BLS Commissioner is Part of Larger Erosion of Federal Data Infrastructure
Last week, President Trump fired the Commissioner of the Bureau of Labor Statistics in apparent retaliation for weak jobs ...
Eli Lilly Earnings, Fed Speakers, Bank of England Rate Decision: Still to Come This Week
Earnings season marches on, with Eli Lilly among the big names yet to report this week. President Trump has said he will name replacements this week for Federal Reserve governor Adriana Kugler and [Bu ...
Trump doubles down on his decision to fire BLS chief after disappointing jobs report
President Donald Trump isn't backing down from his controversial firing of the head of the Bureau of Labor Statistics after a disappointing jobs report. "It is antiquated, but it is also very ...