News

July Jobs Report Shows Hiring Slowed: 5 Key Takeaways
The U.S. economy added 73,000 jobs in July, which is fewer than expected, as the unemployment rate increased to 4.2%.
Did DOGE contribute to the BLS jobs report that Trump hated? Economist Mark Zandi thinks so
Elon Musk’s DOGE may have completed much of its work in the federal bureaucracy, but the trickle-down effect from Musk’s ...
In rejecting the jobs report, Trump follows his own playbook of discrediting unfavorable data
Trump has a go-to playbook if the numbers reveal uncomfortable realities, and that’s to discredit or conceal the figures and ...
Markets now betting Fed will cut rates in September after disappointing jobs report
The probability of a Federal Reserve rate cut in September jumped dramatically following weak employment data, with market ...
Marketplace1d
That bombshell jobs report? Some economists saw it coming.
Nguyen said sure, the report showed the labor market was weaker than he’d thought. But, he said, “the data actually reaffirms ...
Economy Updates: After a Weak Jobs Report, Trump Fires That Agency’s Commissioner
Hours after data showed cracks in the U.S. economy, President Trump said without evidence that Erika McEntarfer “rigged” the ...
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 ...