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Ross cast aspersions about the BLS releasing the July jobs report shortly after the Federal Open Market Committee (FOMC) meeting.

According to Senator Warren, most people have not absorbed how “dangerous” it may be to fire the head of the Bureau of Labor Statistics and what may happen once a replacement is hired.

The U.S. hit Switzerland with a 39% tariff rate last week after Trump’s August 1 deadline to strike a trade deal expired.

Economy on brink of recession, data shows contraction. Tariffs and immigration policy blamed. Fed expected to pivot.

Tom Lee predicts a Federal Reserve policy pivot following Goldman Sachs' warning about historic job data revisions.

President Donald Trump’s tariffs continue to remain an overhang, with the market eyeing the Aug. 7 timeline when the revised tariff rates announced last week would take effect.

McEntarfer was selected to the post on a nonpartisan basis in January 2024 after being nominated by former President Joe Biden in 2023.

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Amazon’s shares were down more than 8% in Friday’s midday session after the Amazon Web Services cloud unit’s second-quarter performance and third-quarter guidance disappointed Wall Street.

Deputy chairman of Russia’s Security Council, Dmitry Medvedev, made remarks Trump described as “foolish and inflammatory,” prompting the move as a precaution.

Dow Jones was down 1.3% at the time of writing, declining 560 points, while the S&P 500 index tumbled 1.5% and the Nasdaq 100 index was down 1.8%.

Mastercard highlighted a forward-looking strategy centered on open banking, which executives are touting as a key to future growth.

According to data from the U.S. Bureau of Labor Statistics (BLS), the unemployment rate stood at 4.2% in July.