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…

Read More

EU will delay planned U.S. tariffs for six months

U.S. President Donald Trump meets with European Commission President Ursula von der Leyen, in Turnberry, Scotland, Britain, July 27, 2025. Evelyn Hockstein | Reuters The European Union announced Monday that it will suspend for six months its planned countermeasures against the United States’ tariffs, which which were set to take effect this week. “On 27…

Read More

Why the U.S. job market has soured

Ozgur Donmaz | Photodisc | Getty Images The U.S. job market has been showing signs of a gradual weakening. But new federal data issued Friday suggests it may have hit a long-awaited wall. “We’re finally in the eye of the hurricane,” Daniel Zhao, chief economist at career site Glassdoor, wrote in a note. “After months…

Read More