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Trump to appoint Fed governor and labour statistics chief this week
US president set to tighten grip on economic information and policymaking after controversial sacking of BLS official
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Wall Street’s view of a ‘Kevlar economy’ has just been shattered, but red flags were lurking under the radar
“Something always goes wrong eventually — whether it’s a risk hiding in plain sight or something you couldn’t see coming.”
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Trump’s former jobs data chief decries firing of successor
“I don’t know that there’s any grounds at all for this firing,” said Beach. “And it really hurts the statistical system. It undermines credibility in BLS.”
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Iran’s currency has plunged so much in value that Tehran plans to chop off four zeros from the rial
As of Sunday, the rial was trading at around 920,000 to the US dollar on the street market.
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Poorest US workers hit hardest by slowing wage growth
Trend adds to pressure on Donald Trump over inequality as he threatens to undermine reliability of economic data