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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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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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Dow futures drop as recession alarm bells jolt Wall Street awake from dreams of a gravity-defying economy
With Wall Street now more attuned to economic risks like Trump’s trade war, the tariffs that will go into effect on Thursday may get more scrutiny.
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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
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US trade advisor says Trump tariff rates are ‘pretty much set’ after deadline was pushed back
The tariffs will kick in on August 7 instead of August 1, which had previously been touted as a hard deadline.