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President Trump fires labor statistics boss after weak jobs report
NBC News· 2025-08-02 00:15
[Music] A red day on Wall Street after President Trump did what he's famous for, firing people. This time, the head of labor statistic Erica McInterer, who Mr. . Trump says without evidence, isn't reporting accurate numbers.McInterer not commenting. It comes after the Labor Department reported fewer jobs than expected were added in July, while also revising down by 258,000 the number of jobs created in June and May. On Truth Social, Mr.. Trump posting, "We need accurate jobs numbers. I have directed my team ...
X @Bloomberg
Bloomberg· 2025-08-02 00:10
Shock, dismay and angst swept across India as businesses, policymakers and citizens digested US President Donald Trump’s sharp remarks and a surprise 25% tariff rate earlier this week. https://t.co/SmZ6YfgSga ...
X @Investopedia
Investopedia· 2025-08-01 20:45
From a new tariff deadline to a potential new stimulus check, here is some news that could impact your wallet this week, and how you can prepare your finances for the week ahead. https://t.co/C7xLRxUM6e ...
X @Bloomberg
Bloomberg· 2025-08-01 18:09
With tariff and economic jitters dragging the S&P 500 Index down 1.8% for its worst day since April, a look at the options market suggests fear of a downturn remains https://t.co/eNTWGc9hw4 ...
X @Bloomberg
Bloomberg· 2025-08-01 17:40
The White House released adjusted reciprocal tariff rates covering imports from a range of trading partners, aimed at narrowing trade deficits and raising revenues.Here's what they are https://t.co/inGacMqICq https://t.co/wehI1AhTIf ...
X @Investopedia
Investopedia· 2025-08-01 17:30
President Donald Trump late Thursday revealed new tariff rates on dozens of U.S. trading partners, but delayed their implementation by nearly a week. https://t.co/xbsubrDiZt ...
X @Bloomberg
Bloomberg· 2025-08-01 14:04
Companies across the industrial sector are warning that tariff whiplash is paralyzing decision-making and weighing on the consumer. https://t.co/myCNy5bG8Y ...
X @Investopedia
Investopedia· 2025-08-01 13:30
The tariff news is coming fast and furious as President Donald Trump's Aug. 1 deadline for double-digit tariffs on multiple countries approaches. https://t.co/VUQ2ycFgQC ...
Leggett & Platt(LEG) - 2025 Q2 - Earnings Call Presentation
2025-08-01 12:30
Financial Performance - Q2 2025 - Sales decreased by 6% to $1.058 billion compared to Q2 2024[7,8] - Volume decreased by 7%[7,9] - Adjusted EBIT increased by $4 million to $76 million compared to Q2 2024[7] - Adjusted EBIT margin increased by 80 bps to 7.1%[7,8] - Adjusted EPS increased by $.01 to $.30 compared to Q2 2024[7,8] - Cash flow decreased by $10 million to $84 million compared to Q2 2024[7,8] Financial Performance - YTD 2025 - Sales decreased by 7% to $2.080 billion compared to YTD 2024[15,16] - Adjusted EBIT increased by $7 million to $142 million compared to YTD 2024[15,16] - Adjusted EBIT margin increased by 70 bps to 6.8%[15] - Adjusted EPS increased by $.02 to $.54 compared to YTD 2024[15,17] Guidance - The company maintains its 2025 sales guidance of $4.0–$4.3 billion, a decrease of 2% to 9% versus 2024[7,18] - The company maintains its adjusted EPS guidance of $1.00–$1.20[7,19]