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The Latest Breaking News from BLS

How Much the Average Middle-Class Retiree Spends Monthly at Age 65

Find out exactly how much the average middle-class 65 year old spends monthly.

GOBankingRates

In a post-truth world, what happens if we can’t trust US economic data any more?

We may already live in the post-truth world, but are we about to enter the era of post-truth statistics?

The Conversation

Millions of Gen Zers are jobless—and unemployment is mainly affecting men

Young men ages 20 to 24 have faced higher unemployment rates since the thick of the COVID-19 pandemic as Gen Z women funnel into AI-proof jobs like health care.

Fortune

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

How Much the Average Middle-Class Retiree Spends Monthly at Age 80

Retirees tend to spend less money the older that they get, on average. Here's a look at how much the average middle-class retiree spends monthly at age 80.

GOBankingRates

Solicitudes de ayuda por desempleo aumentan en EEUU, pero despidos siguen bajos

Una mayor cantidad de estadounidenses solicitaron ayuda por desempleo la semana pasada, pero los despidos en Estados Unidos se mantienen en el mismo intervalo históricamente saludable de los últimos años.

The Independent UK

Top Air Force Officer To Retire Early Amid Trump's Military Reshuffle—'Certainly Not His Choice'

Gen. David Allvin, the chief of staff of the Air Force, is set to retire two years ahead of schedule. This announcement, made on Monday, adds to the growing list of high-ranking military exits under Trump’s administration.

Benzinga

Tariffs Begin Taking a Bite out of the Economy

Tariffs are taxes, and we pay the price.

Reason

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Stop Buying These 3 Grocery Items — Prices Are at a 3-Year High

Prices for these 3 grocery items have hit a 3-year high—find out which ones to avoid and how to shop smarter without sacrificing your essentials.

GOBankingRates

Account tied to Trump nominee posted conspiracy theories about Epstein, the 2020 election and Covid, report says

Erwin Antoni, the president’s pick to take over the Bureau of Labor Statistics, serves as the chief economist for The Heritage Foundation and contributed to Project 2025

The Independent UK

Economic Iceberg Hides Tariff Risk To Consumers

The U.S. economy may appear steady on the surface, with consumer spending strong and the stock market charging ahead. Yet beneath that optimism lurks a...

Saving Advice

Trump's New BLS Pick Could Lead To 'Higher Tax Bills' For Americans, Warns Experts—'Workers May Not Feel The Ebb And Flow Of Monthly Data...'

The recent nomination of E.J. Antoni by President Donald Trump to head the Bureau of Labor Statistics (BLS) could potentially influence tax rates for Americans.

Benzinga

Even if you can’t trust the data, these 13 warning signs will tell you the economy is in trouble

The telltale signs are rarely hidden.

Fortune

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

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news in one place.

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Benzinga

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.

Reason

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.

Benzinga

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.

Fortune

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.

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news in one place.

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The Guardian - US

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 Independent UK

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

Al Jazeera

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.

The Independent UK

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

Benzinga

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.

We Got This Covered

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.

Fortune

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.

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