President Trump reiterated his criticism of the Bureau of Labor Statistics, said he was close to picking a new Fed chair, and teased new tariffs on semiconductors. Joining me now, Muhammad Alerian, president of Queens College of Cambridge to talk about that and many other things. Muhammad, good to see you.Good morning, Julie. I would like to start with this whole situation over the Bureau of Labor Statistics, the BLS. Um, with President Trump's removal of the person who heads up that agency, what does that ...

President Trump and Canadian Prime Minister Mark Carney are expected to hold talks in the coming days focused on tariffs. That's according to a Canadian trade official and it follows the president hitting Canadian goods with a 35% tariff. Joining us right now is Colin Robertson, a fellow at the Canadian Global Affairs Institute.He's also a former Canadian dipl diplomat. And Colin, how do you think we got to this position. Well, we got to this position because Donald Trump wants to impose major tariffs on Ca ...

Reports on the labor market and economic growth show there’s little booming these days outside of AI and equities, @conorsen says (via @opinion) https://t.co/rHf5OPRKeT ...

President Trump’s levies will likely weigh on economic growth and push up prices while hammering the global economy, according to Bloomberg Economics https://t.co/zewROfaevM ...

First of all, there are a lot of forces forces at work in the economy and you know tariffs are one of them. You know the remilitarization of the world, the e the de fiscal deficits, you know the the uh demographics uh all those things are going to drive various things and yeah they may drive slightly higher inflation. What you really want is more growth.You know that is far more important than whether inflation ticks up or down a little bit. So and then tariffs themselves you know they've been greatly moder ...

US economic growth averaged 1.25% in the first half, a full percentage point below the pace for 2024: Here’s your Evening Briefing https://t.co/U7IDkA3T6f ...

The Fed should have cut interest rates so the US economy could grow faster. ...

That's the bell on Wall Street and now it's market domination overtime. We're giving you full team coverage of all the moves to get you up to speed on the action from today's trade. Henny and Walsh CIO that would be Kevin Man as well as Yahoo Finance's Jared Blickery joining us here to break down the moves today.Jared, let's start with you my friend on the close. We do have fresh records. Yes, we do.in terms of the S&P 500, the NASDAQ Composite, and the NASDAQ 100. Couple sectors. More on that in a minute.F ...

The new budget law counts on better economic growth to help increase revenue, but its provisions on immigration will make that difficult, @claudia_sahm says (via @opinion) https://t.co/bqrnflcD6Q ...

Monetary Policy & Central Bank Independence - Central bank independence is crucial for achieving stable economic outcomes, especially low and stable inflation [3][4] - Markets would be concerned if central bank independence were threatened [4] - The Fed leadership likely believes tariff effects won't cause prolonged high inflation, especially given the less tight labor market compared to 2022 [8] - The FOMC holds a range of views regarding the appropriateness of lowering interest rates while tariff effects are present [11] Economic Outlook & Data Analysis - Recent data suggests the labor market doesn't require significant rate cuts, and underlying inflation trends are moving towards 2% [5] - Goldman Sachs anticipates three rate cuts later this year, potentially starting in September, due to a relaxed view on inflation [5][6] - Consumer spending appears somewhat softer when adjusted for tariff-driven price increases [14] - Tariffs are expected to slow the pace of economic growth due to their function as taxes and the uncertainty they create [14] - While tariffs may lead to slower consumption and final demand growth, other factors like bank earnings, M&A, and IPO activity suggest increased business and consumer confidence [15] - The economy is not expected to enter recessionary territory [15] - Growth for the year is expected to be in the low 1% range, below the trend pace of around 2% [19]