The Labor Department's watchdog has opened an investigation into the Bureau of Labor Statistics amid claims of unreliable jobs and inflation data. With recent major revisions raising eyebrows, the probe aims to uncover the challenges faced in data collection.
Stocks rise as dismal U.S. labor data suggests an imminent interest rate cut. The dollar wobbles while gold prices near record highs amid global economic concerns.
In a surprising announcement, Trump plans to rename the Department of Defense to the 'Department of War,' stirring debate and concern over implications for national security and propaganda. Stay tuned for live updates on this and other administration news.
The latest jobs report reveals a significant slowdown in hiring, with only 22,000 jobs added in August. This raises concerns about a potential recession and the implications for interest rates as Trump dismisses the BLS Commissioner.
A top Federal Reserve official advocates for interest rate cuts after a disappointing jobs report, raising concerns about inflation and economic stability. Will the Fed act to boost the economy?
As the Federal Reserve prepares for its crucial meeting this week, all eyes are on interest rates amid significant political and economic changes. With GDP and employment reports on the horizon, will the Fed maintain the current rate?