Breaking news more broadly about financial markets, not just stable coins, but about data, in particular, labor statistics. Bloomberg International Economics policy editor Michael McKe joins us now with a reporting done by Fox about well, the person who's going to be potentially taking over labor statistics for the United States and his view on how often they should be. Just break down the news for us.Well, it's a kind of a strange uh situation because he made these comments before the president announced t ...

Will the Bureau of Labor Statistics continue to put out a monthly jobs report. Well, look what I'll tell you about the Bureau of Labor Statistics. I believe that is the plan and that's the hope and that these monthly reports will be data that the American people can trust.As you know, the Bureau of Labor Statistics has made massive revisions after the last several point points reports that they have put out. And there has certainly been a decline in the quality and the reliability of data coming from the Bu ...

Let's bring in NBC News senior business correspondent Christine Romans, NBC News White House correspondent Yamish Alsendor and Jared Bernstein, former chair of the Council of Economic Adviserss in the Biden administration. Great to see you all. So Christine, what more can you tell us about the president's new pick for BLS.>> Had contributed to the project 2025, which was of course that roadmap for really remaking um the federal government. Someone who's a chief economist at the Heritage Foundation, which is ...

writing that he'll ensure the numbers released are, quote, honest and accurate. Joining us now to discuss all of this is white House Council of Economic Advisors chair and President Trump's pick to replace Fed Governor Coogler. Steven, Myron, it's good to have you chair Myron.First, you must be pleased to see another inflation number that comes in a bit light and does not show a lot of evidence of tariff pass through. >> Good morning and thanks for having me. And yes, I can tell you that we're very happy to ...

Today’s report on consumer prices is the first of a couple of pieces of economic data that threaten to derail this year's rallies in stocks and Treasuries https://t.co/Cm1oJOYhQG ...

And right now we are 2 minutes away from the end of the trading day. Romaine Bostick alongside Vonnie Quinn taking you through to that closing bell with a global cybercast. It started with Tim Stenovec in the radio booth.Isabelle Lee in today for Carol Massar. Welcome to our audiences across all of our Bloomberg platforms Television, radio, YouTube. Tim Stanley back here on an interesting day here, a day where we see the markets move lower only fractionally.But of course, this is ahead of some key economic ...

US economic data has shortcomings, but try living without it, says @Moss_Eco. The global economy would fly blind (via @opinion) https://t.co/zPbFjRvn3i ...

And Drew, this is a market right now that has now pretty much hovered near record highs for a while. Is there a big catalyst coming up that could break us to even bigger bigger moves going into the third and fourth quarter this year. Hey, good morning, Dom.So, I think it's it's twofold really. I think actually getting a Fed cut and seeing economic data hang in there is how you can really push this market higher. Honestly, in our updated price target for the S&P, we nudged it higher to 6,600 for year end.And ...

All the major indices tracking to close the week higher. The S&P and NASDAQ pacing for their third positive week in four and the Dow on course for its second positive week in three. Let's bring in Schwab Asset Management CEO and CIO Omar Agalar.Uh Omar, thanks for being here to round out the week. Uh there's been a lot of macro news over the past two weeks. Uh how do you kind of assess the market's reaction to all of it. Do you think it's it's moving in an appropriate function.Well, the market seems to be u ...

Claudia Goldin on why birth rates are falling, how gender roles play a part—and fears about the reliability of US economic data https://t.co/CMof4akKk2 ...