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X @Anthony Pompliano 🌪
Anthony Pompliano 🌪· 2025-09-05 15:35
The jobs report proves the Fed is behind the curve again.They should cut 50 basis points or more in September. https://t.co/ZmIXCLNbQI ...
X @TylerD 🧙‍♂️
TylerD 🧙‍♂️· 2025-09-05 13:38
Really stoked for today's showWe're talking markets, the jobs report and crypto impactThen our convo with @BunchuBets about Billy Bets, their $1M raise and AI x sports betting via prediction marketsJoin us live at 10 am ET!FOMO HOUR (@fomohour):We have @BunchuBets from @BillyBets_ai on the show tomorrow!Join him, @farokh & @Tyler_Did_It @ 10am ET to chat:• Sports Prediction Markets• Market report• Daily news+ @yeet giveaway & moreUse referral link & follow the rules in the replies ↓ https://t.co/mbgQav1noU ...
X @Crypto Rover
Crypto Rover· 2025-09-05 07:18
Today is the biggest macro day of the month.🇺🇸 Non-Farm Payrolls & Unemployment Rate release:- Weak jobs + higher unemployment → Risk assets pump (crypto & stocks)- Strong jobs report → Fed likely delays cutsGET READY FOR VOLATILITY! https://t.co/xBfN3V1BT7 ...
Jobless claims rise more than expected
CNBC Television· 2025-09-04 13:13
Rick Santelli here live at CME HQ with the breaking news of the morning. Second quarter final read on non-farm productivity. It jumps to 3.3%.This was with expectations well under 3%. Our last look 2.4% 3.3% would be the best going all the way back to the last quarter of 23. That is very good news.Unit labor costs moderate from 1.2% expected 1.6% 6 in the rearview mirror goes down to 1% down to 1%. That would be the smallest since it was negative minus 1.5% in the third quarter of 24. Initial jobless claims ...
Smigiel: The market has had euphoria around almost a certainty for a cut
CNBC Television· 2025-08-22 11:32
All right, so let's start off with this uh futures higher going into the JPAL speech later today coming up at 10 a. m. Eastern time, but we're the S&P coming off a five-day losing streak in the NASDAQ having its uh worst week since all the way back in April when we had the tariff announcements.What do you make of this, I guess, rebound, if you will, in the pre-market right now. >> Well, it's it's a little bit of hope at this stage. So, you know, the market has really had a lot of euphoria around um almost a ...
White House on defense over President Trump’s firing of official responsible for jobs data
NBC News· 2025-08-04 23:30
Political Investigation - Attorney General Pam Bondi is calling for a grand jury expected to investigate Obama era officials' handling of the Russia interference in the 2016 election [1] - This investigation is viewed by Democrats as a distraction lacking in evidence [2] Economic Data and Reporting - The Trump administration is potentially shifting focus from disappointing economic headlines [3] - The president fired the official who oversees monthly job report data [3] - The president claimed, without evidence, that the jobs report showing a slowdown in hiring was rigged with fake political numbers [4] - Economists state that jobs data has become very unreliable [5] - The BLS (Bureau of Labor Statistics) reports are critical for policy makers and businesses making hiring and investment decisions [5] - Revisions to previous estimates in the report are typical and indicate a successful survey [6] - Trump's first BLS commissioner, William Beach, stated that it would be impossible for a commissioner to rig the jobs data [7]
Watch CNBC's full interview with National Economic Council Director Kevin Hassett
CNBC Television· 2025-08-04 13:01
The fallout continues after President Trump fired the commissioner of the Bureau of Labor Statistics following a dismal jobs report. Joining us right now is White House National Economic Council Director Kevin Hasset. Uh Kevin, want to thank you for joining us.Um let's just start with with a very basic question. Um the president said on Friday that he believed that these numbers were rigged, that they were politically motivated. Do you believe that to be true.You know, as an economist, I like to go for what ...
X @The Economist
The Economist· 2025-08-04 11:20
After a weak jobs report on Friday, Donald Trump said he would fire the Bureau of Labour Statistics commissioner responsible—a remarkable act of political interference. Our ten charts show what can still be gleaned from the data https://t.co/WQtYqqcm9A ...
‘Grow up’: Republicans slam Trump for firing labor statistics chief over weak jobs report
MSNBC· 2025-08-03 17:40
Government Influence & Data Integrity - The president fired the statistician due to disagreement with accurate numbers, raising concerns about data manipulation [1] - The president or other officials terminated the director because of dissatisfaction with the numbers [1] - Trump attacked Erica McInterer, commissioner of the BLS, claiming reports were rigged [2] Market Reaction - Uncertainty caused by the situation sent markets into a tailspin [2] - Wall Street experienced its worst day in months due to new tariffs and poor jobs report [2] Employment Data - A weak jobs report indicated a clear slowdown in the job market [1] - The head of the Bureau of Labor Statistics was terminated shortly after the release of the weak jobs report [1]