President Trump's recent dismissal of the BLS head raises concerns about the integrity of U.S. economic data. Critics fear this could lead to manipulation of crucial statistics, reminiscent of past economic crises in Greece and Argentina.
Treasury Secretary Scott Bessent hints at a potential 50 basis-point interest rate cut next month, following weaker job growth indicators. What does this mean for the economy?
US prices rose by 2.7% in July as tariffs imposed by Donald Trump begin to ripple through the economy, impacting everything from food costs to job figures. Discover how these changes are affecting consumers and the labor market.
As President Trump races to finalize trade deals before looming tariff increases, the implications for American manufacturing and the economy spark debate. Can tariffs really revive jobs, or are they a temporary fix?
Oil prices experienced a slight decline as concerns over U.S. tariffs and a looming supply boost from OPEC+ raised red flags among investors. With a trade deal uncertainty and rising crude inventories, experts weigh in on the implications for the market.
The June jobs report revealed a surprising increase of 147,000 nonfarm payroll jobs, defying expectations. Analysts suggest that while the headline looks strong, underlying data indicates a slow down in private sector hiring, masked by seasonal government job increases.
General Motors announces a groundbreaking $4 billion investment to shift production from Mexico to the U.S., revitalizing American jobs and manufacturing. Discover how this strategic move aligns with rising SUV demand and trade policies.
As the U.S. labor market shows mixed signals, pressure mounts on Jerome Powell to reconsider interest rate cuts. With job growth slowing and Trump demanding action, what’s next for the economy?
The US economy added only 139,000 jobs in May, showing signs of slowdown as businesses navigate uncertainty from the ongoing trade war. The unemployment rate remained steady at 4.2%, but federal job cuts raise concerns.
Investors remain cautious as they await the pivotal payrolls report, following a week of soft economic data and significant losses for Tesla amid the Trump-Musk feud. Will the report trigger a market reaction?
