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The Bureau of Labor Statistics said U.S. companies added less than half the number of new jobs created in June.
President Donald Trump's order imposing new tariffs on scores of countries and the European Union starting in seven days has injected a new dose of uncertainty in an already uncertain process.
President Trump continued his verbal attacks against Fed Chair Jerome Powell, calling him "stubborn" and saying the Federal ...
But downward revisions for prior months shocked investors even more, revealing that the labor market came to a near ...
U.S. President Trump told the Federal Reserve board on Friday to remove Chair Jerome Powell if he keeps refusing to lower ...
Tariffs were the chief weight on stocks, though. Overnight, Trump updated the levies, which now range from 10% to 41%. Even ...
The U.S. labor market's health is a constant focus for the Federal Reserve, especially amid economic uncertainty and tariff ...
Employers added just 73,000 jobs last month, well short of what forecasters expected. Worse, revisions shaved a stunning 258,000 jobs off May and June payrolls.
"No, I don’t feel sorry for Jerome Powell. He’s worth over $200 million. Who I feel sorry for are the Americans who can’t get a mortgage." ...
“Jerome ‘Too Late’ Powell, a stubborn MORON, must substantially lower interest rates, NOW,” Trump posted to his Truth Social account. “IF HE CONTINUES TO REFUSE, THE BOARD SHOULD ASSUME CONTROL, AND ...
U.S. employment growth was weaker than expected in July while the nonfarm payrolls count for the prior two months was revised down by a massive 258,000 jobs, suggesting a sharp deterioration in labor ...