The resignation comes as President Trump has openly pressured the central bank to lower interest rates and called for Jerome H. Powell, the chair, to step down.
The resignation comes as President Trump has openly pressured the central bank to lower interest rates and called for Jerome H. Powell, the chair, to step down.
Economists said ousting the head of the Bureau of Labor Statistics could undermine confidence in government economic data.
The resignation comes as President Trump has been openly pressuring the central bank to lower interest rates and calling for Jerome H. Powell, the chair, to step down.
Economists said ousting the head of the Bureau of Labor Statistics could undermine confidence in government economic data.
Data showing cracks in the U.S. labor market and President Trump’s newest barrage of tariffs shook investors around the world, weighing on stocks, the dollar and more.
Economists said ousting the head of the Bureau of Labor Statistics could undermine confidence in government economic data.
were secured with huge, often vaguely defined investment pledges from partners like Japan.
The U.S. government has lost 84,000 jobs since January as the Trump administration aggressively reduces the work force.
President Trump has long wanted to rework world trade. The tariffs set to go into effect next week will carry out that plan.
The latest round of tariffs is likely to make agricultural production even more expensive and, potentially, limit access to goods not produced in the United States.