Trump undermines jobs data as White House defends firing of BLS chief

U.S. President Donald Trump walks towards reporters from Marine One at at the Lehigh Valley International Airport on August 03, 2025 in Allentown, Pennsylvania. Anna Moneymaker | Getty Images President Donald Trump and one of his top economic advisors on Monday stoked baseless conspiracies about federal jobs data, suggesting without evidence that Friday’s weaker-than-expected employment…

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Retail spending fell in March as consumers pull back

Washington DC CNN , The expenditure on American retailers fell in March as consumers fulfilled the possibility of recession after the banking crisis. The Department of Commerce said on Friday that retail sales, which are adjusted to the weather, fell 1% in March, not for inflation. According to the refinative, and in the pre -revised…

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