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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Trump White House struggles to justify firing of BLS chief

White House economic adviser Kevin Hassett speaks with reporters in the driveway outside the West Wing of the White House in Washington, DC, U.S., March 19, 2025.  Kevin Lamarque | Reuters National Economic Council Director Kevin Hassett on Sunday defended President Donald Trump’s sudden decision to fire the Bureau of Labor Statistics commissioner, without citing…

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Trump tariffs challenged at appeals court

A federal appeals court appeared skeptical Thursday of arguments from a Justice Department lawyer defending President Donald Trump‘s global tariff regime. Trump has claimed he has the power to impose a vast array of new tariffs under the International Emergency Economic Powers Act. His use of that statute is the first time since it became…

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Powell pressure campaign ramps up

U.S. President Donald Trump delivers remarks on artificial intelligence at the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters President Donald Trump is set to tour the Federal Reserve headquarters in Washington Thursday afternoon to highlight what his administration says are budget-busting building renovations, the latest chapter…

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DJT grows $2 billion bitcoin hoard

A cutout of US President Donald Trump holding a Bitcoin is displayed on a group of servers during The Bitcoin Conference at The Venetian Las Vegas in Las Vegas, Nevada, on May 27, 2025. Ian Maule | Afp | Getty Images Trump Media and Technology Group said Monday it has accumulated roughly $2 billion in…

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August 1 is hard deadline Trump tariffs

Howard Lutnick, U.S. Secretary of Commerce speaks during the Pennsylvania Energy And Innovation Summit 2025 at Carnegie Mellon University in Pittsburgh on July 15, 2025. David A. Grogan | CNBC Commerce Secretary Howard Lutnick said Sunday that Aug. 1 is the deadline for countries to begin paying tariffs to the United States, but said that…

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