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The Latest Breaking News from BLS

How Much the Average Upper-Class Retiree Spends Monthly at Age 70

Here's a look at how much this demographic tends to spend in retirement, using data from the Bureau of Labor Statistics, Fidelity and other sources.

GOBankingRates

‘Hallmarks of authoritarianism’: Trump banks on loyalists as he wages war on truth

Former officials say firing of BLS commissioner emblematic of president’s battle against established facts and history

The Guardian - US

Anthony Scaramucci's Cryptic Warning: Trump Following Same Playbook As Iran's Fallen Shah?

Former White House communications director Anthony Scaramucci ignited a storm of speculation Wednesday after posting a pointed historical reference many saw as a jab at President Donald Trump.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

Firing BLS Director Over Weak Jobs Report Is 'Banana Republic' Behavior

If a Democratic president tried to so directly politicize an independent agency, Republicans would be screaming about the coming tyranny.

Reason

Paul Krugman Warns Trump Data Suppression Could Spread From Jobs To Crime, Inflation: 'MAGA's Feelings Don't Care About Your Facts'

Economist Paul Krugman sees a dangerous sidelining of inconvenient facts by President Donald Trump, with growing efforts to replace official statistics with narratives that align with political goals.

Benzinga

Bitcoin hits all-time high before diving 5% amid fears of inflation

Analysts anticipate the Fed to cut rates in September but wholesale prices rose much more than expected in July.

Fortune

Conservatives join backlash over Trump pick for head of labor statistics: ‘Not a credible source of information’

Even Republican economists have criticized president’s pick of EJ Antoni to lead the Bureau of Labor Statistics

The Guardian - US

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Trump’s nominee for Bureau of Labor Statistics was Jan 6 ‘bystander’ outside Capitol, says White House

E.J. Antoni, tapped by President Trump to serve as the nation’s top economic data official, appears in Capitol Police surveillance footage from January 6, 2021

The Independent UK

Trump nominee to lead labour statistics agency faces wave of criticism

Economists worry that EJ Antoni’s nomination is largely political in nature for a historically non-partisan role.

Al Jazeera

Trump’s pick to head Bureau of Labor Statistics walks back his earlier plan to scrap monthly jobs reports

EJ Antoni first made the suggestion before Trump tapped him to lead the BLS

The Independent UK

Trump's BLS Pick Calls For Suspension Of Monthly Jobs Report: Data 'Needs To Be Fixed Immediately'

E.J. Antoni, the economist tapped by President Donald Trump to lead the Bureau of Labor Statistics and an architect of the Heritage Foundation’s Project 2025, suggested the agency should suspend monthly jobs reports in a Tuesday television appearance.

Benzinga

After firing his predecessor for speaking the truth, Donald Trump picks ‘extreme partisan’ to parrot what the administration says

You say what the white house wants, or you're out.

We Got This Covered

Trump’s BLS appointee suggests suspending jobs report entirely until methods of data collection are ‘corrected’

"It’s a serious problem that needs to be fixed immediately," E.J. Antoni told Fox Business, adding that he may switch to a quarterly report.

Fortune

US inflation shows limited tariff impact, but prices still rise

The latest US numbers show July inflation came in softer than expected at 2.7%. Core prices hit 3.1%, with a more significant tariff hit expected later in the year.

Euronews

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The Guardian - US

US prices continued rise in July as Trump tariffs impact consumer costs

Prices were 2.7% higher last month compared with a year ago, and core inflation went up at a higher pace than what was seen in June

Benzinga

Economists Call Trump's BLS Pick 'Completely Unqualified' For The Job: '...Does Not Have Any Relevant Expertise'

President Donald Trump's nomination of Dr. EJ Antoni to lead the Bureau of Labor Statistics (BLS) is facing swift and intense backlash from prominent economists, who are questioning his qualifications and citing a record that includes only one citation for his academic work.

The Guardian - UK

First Thing: Trump slammed for ‘unjustified power grab’ as he seizes control of DC police and deploys national guard

Trump forwarded a false narrative around DC crime stats to justify the move. Plus, funeral held in Gaza for five journalists killed by Israeli attack

International Business Times UK

EJ Antoni: From Fox Business Analyst to New Commissioner for the Bureau of Labor Statistics — Education, First Name, and Career Path

Trump taps economist E.J. Antoni for Bureau of Labor Statistics Commissioner role after Erika McEntarfer's removal, pending Senate approval.

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news in one place.

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The Independent UK

Inflation likely moved higher last month as tariffs bite, putting the Fed in bind

Inflation likely ticked up in July for the third straight month as tariffs lift the cost of imported goods such as furniture, appliances, and toys, which could make it harder for the Federal Reserve to cut short-term interest rates as President Donald Trump has demanded

Al Jazeera

Trump names conservative economist to lead labour statistics agency

US president’s nomination comes after firing of agency head raised concerns about integrity of US government statistics.

Benzinga

Who Is EJ Antoni? Trump Picks Economist From Ronald Reagan's 'Favorite Think Tank' To Head Bureau Of Labor Statistics

On Monday, President Donald Trump announced that he would nominate EJ Antoni as Commissioner for the Bureau of Labor Statistics (BLS).

The Guardian - US

Trump nominates Heritage Foundation economist as labor statistics chief

EJ Antoni, longtime critic of Bureau of Labor Statistics, nominated to replace Erika McEntarfer, who Trump fired

Roll Call

Trump picks Heritage economist Antoni to head BLS - Roll Call

President Donald Trump said he plans to nominate a researcher at a conservative think tank to lead the Bureau of Labor Statistics.

Benzinga

Labor Statistics Commissioner Fired Over 'Faked' Jobs Numbers—But Economists Warn the Real Threat Could Be To Market Trust

President Donald Trump‘s swift firing of Bureau of Labor Statistics Commissioner Erika McEntarfer on August 1 sent ripples through financial markets already reeling from disappointing employment data. The decision, announced just hours after July’s lackluster jobs report, has economists warning about a dangerous precedent that could undermine one of America’s…

Fortune

Two Trump-appointed economists—and longtime friends—are clashing over Trump's jobs data

William Beach, who Stephen Moore calls a “good friend,” said Trump's numbers shared during his Oval Office presser were “the strangest thing in the world.”

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