News

Why jobs revisions that led Trump to fire statistics head were so huge
The jobs report revisions that prompted Trump to fire the BLS commissioner were historically large. Here's why (Hint: it wasn ...
Trump fires labor official over weak jobs number, orders criminal probes of past opponents
Trump fires Bureau of Labor Statistics commissioner Erika McEntarfer after disappointing July jobs report, claiming the ...
Fed’s Cook Says Jobs Revisions Could Signal a ‘Turning Point’
Federal Reserve Governor Lisa Cook called the July jobs report “concerning,” and said it could signal an inflection point for ...
Trump administration rolls back Elon Musk’s email telling federal employees to justify their jobs
Federal employees will no longer have to meet Elon Musk’s demand that they list their weekly accomplishments in an email or ...
Employers added 73,000 jobs in July, falling short of forecasts
Employers across the U.S. added 73,000 jobs in July, a slowdown from previous months and a sign the labor market is ...
Donald Trump says he doesn’t trust jobs data, but Wall Street and economists do
Economists and Wall Street investors have long considered the job figures reliable, with share prices and bond yields often ...
Bank of England, facing jobs-inflation dilemma, poised to cut rates
The Bank of England looks poised to cut interest rates for the fifth time in 12 months on Thursday but nagging worries about ...
Peloton Is Cutting Jobs and Shifting Focus to Members’ ‘Entire Wellness Journey’
Peloton launched in 2012 as a premium fitness brand, offering pricey exercise bikes, treadmills, and rowing machines with ...