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'You can’t lie to the American people' Joe slams Trump for using Heritage Foundation jobs numbers
MSNBC· 2025-08-08 11:51
comes as President Trump is now touting new job numbers just days after firing the head of the Bureau of Labor Statistics claiming without any evidence. The figures the agency released last week were rigged yesterday. He displayed new numbers found by an economist at the Conservative Heritage Foundation.The numbers are based on unpublished data from the Census Bureau, making it difficult to verify independently. I was telling the president that he did the right thing in calling for a new head of the Bureau ...
'They don't have any credibility': Trump defends economy with 'unpublished' economic data
MSNBC· 2025-08-08 05:06
Hey, it's time now for money, power, politics. Today, Trump held an event at the White House alongside Steven Moore. Remember that guy.Now he is with the Heritage Foundation. Together, they unveiled new unpublished data that they claim shows job revisions during the Biden administration. Watch this.I was telling the president that he did the right thing in calling for a new head of the Bureau of Labor Statistics because this shows that over the last uh two years of the Biden administration, the BLS overesti ...
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Bloomberg· 2025-08-07 06:48
Sweden’s core inflation rate fell slightly more than analysts expected last month, likely backing the case for the country’s central to cut interest rates later in August to support the misfiring economy https://t.co/Jojjihz0TD ...
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Bloomberg· 2025-08-06 23:30
The Bank of England is set to cut interest rates to the lowest level in over two years, as policymakers contend with a slowing economy and a jobs market rattled by higher taxes https://t.co/jiG0YIZxy7 ...
How Is The Economy Doing Right Now? - 8/5/25 | Market Sense | Fidelity Investments
Fidelity Investments· 2025-08-06 21:05
On this episode of Market Sense, we're breaking down a very busy week of earnings, economic data and announcements, and analyzing what it might mean for the economy and bull market. Plus, we're digging into new tariff deals, the debate surrounding the Fed’s latest decision on interest rates, and the latest inflation and jobs data. Topics covered: • Weak Job Numbers • The Fed & Interest Rates • Tariff Impact Bookmark the Fidelity Viewpoints Market Insights webpage for the latest on market headlines and volat ...
Sen. Slotkin weighs in on Democratic leadership, Texas redistricting effort
NBC News· 2025-08-05 23:00
Meanwhile, Democratic Senator Alyssa Slotkin held a town hall in a Republican district trying to focus on pocketbook issues, healthcare, and the cost of living. >> For Donald Trump, whose central thesis, his central theme when he ran in November was he was going to lower your costs in every single category. He is not lowering your costs, he is raising your costs.I think we should note while prices for some goods are up, inflation overall is about the same as as it was when President Biden left office. ABC N ...
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Anthony Pompliano 🌪· 2025-08-05 22:27
We were promised inflation, but instead we got a booming economy. ...
'Firing the BLS commissioner is serious': National Review rebukes Trump
MSNBC· 2025-08-05 15:11
Government and Economic Data Integrity - The integrity of the Bureau of Labor Statistics (BLS) is crucial for the economy, as it provides essential information on jobs and wages [2][3] - Undermining the credibility of statistical information, especially jobs reports, is compared to authoritarian tactics [4][8] - The reliability of U S statistics is important for both the government and the private sector globally [6] Presidential Actions and Economic Policy - The President believes jobs numbers are rigged, without providing specific evidence [1][10] - The President fired the BLS Commissioner, raising concerns about political interference in statistical reporting [4][5] - The President is considering candidates for Federal Reserve Chair, potentially favoring those who support lower interest rates [15][18][20] Trade and Tariffs - The President claims to be negotiating significant investment deals with other countries, but details are lacking [11][12] - There are concerns about whether these investment deals will materialize and what consequences exist if countries don't follow through [12][13] - The President suggests using higher tariffs as leverage if countries fail to meet investment commitments [12] Economic Uncertainty and Global Impact - The President's actions and decisions are seen as potentially dictatorial, affecting the entire world [22][23] - Concerns exist about the credibility of the Federal Reserve if the President appoints someone who will prioritize political goals over controlling inflation [23][24]
Watch CNBC's full interview with President Donald Trump
CNBC Television· 2025-08-05 13:44
And you can see right now the ten year at 422, the two year at 370. >> And now to the gusts that we've been talking about all morning President Donald Trump. Mr.. President welcome. Thanks for thanks for calling in. Wish you could be here in person, but we'll do this.>> Good morning Joe. >> We've been talking about the BLS and the employment numbers all morning long. Sometimes I know you get a chance to tune in. I want to bring up a chart.I hope you can see it, or else I'll describe it to you. This is the r ...
'Big mistake': Karl Rove says Trump falling into same trap as Biden on economy
MSNBC· 2025-08-05 13:24
is is that the Trump administration is making the same mistake that the Biden administration made which was to basically you know remember we had Biden is working well now we have the golden age of American prosperity's return and Americans are not feeling that better to say we're we're working hard to put America on the right road rather than declaring premature victory and I think that's a big mistake for the White House and is likely to come back and and bite him in the midterm election >> that's uh Repu ...