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White House says the plan is for BLS to put out monthly reports
CNBC Televisionยท2025-08-12 17:54

Economic Data & Policy - Uncertainty surrounds the future of Bureau of Labor Statistics (BLS) jobs reports, with the White House prioritizing process improvement and data accuracy, but offering no guarantees of continuation [2][3] - The White House hopes to continue the jobs reports, but improving flawed processes and removing flawed data is the main priority [3] Trade & Technology - The US government has an agreement with Nvidia and AMD for 15% of sales of advanced chips (not the most advanced) to China in exchange for export permissions [4] - While there are currently no plans to expand the 15% sales agreement model to other industries, the White House views it as innovative and potentially expandable in the future [4] Legal & Political - The President is threatening a lawsuit against the Federal Reserve (Fed) chair, J Pal, with no details provided on the grounds for the lawsuit [5]