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Donald Trump fired the head of the Bureau of Labor Statistics because he didn’t like the numbers announced in her monthly jobs report. The bureau reports not only on jobs, but also on inflation and ...
Fed officials also disagree on how tariffs will affect inflation going forward. Many increasingly believe the duties will ...
“Core” producer prices, which exclude volatile food and energy costs, also rose 0.9% from last month — the highest jump since March of 2022. Year-to-year, core prices increased 3.7% after coming in at ...
The Federal Reserve is poised to lower interest rates in September. But signs of stickier inflation could limit how much ...
Trump has repeatedly lambasted Federal Reserve Chair Jerome Powell (who’s a banker, not an economist) for refusing to cut ...
Costs were sharply on the rise for producers and manufacturers in July, a sign that higher prices could soon filter down to American consumers.
Political pressure on government statisticians and private forecasters risks sending markets down a rabbit-hole, which could ...
Senior White House officials say there’s no plan to suspend the crucial monthly jobs report, shooting down an idea espoused ...
The monthly jobs report is under a microscope as Trump’s nominee to take over the Bureau of Labor Statistics has debated ...
Treasury Secretary Scott Bessent defended releasing monthly jobs reports amid accuracy concerns, emphasizing the need for ...
Trump's job creation is so bad that he wants the BLS to issue a jobs report quarterly instead of monthly, as if that's gonna help.
White House press secretary Karoline Leavitt was pressed on Tuesday after President Donald Trump’s nominee to lead the Bureau of Labor Statistics suggested the agency suspend its monthly jobs report.