News & Information for Finance, Treasury, and Risk Management Professionals

Trump Fires BLS Head, Raising Concerns About Future Data Quality

By Molly Smith and Skylar Woodhouse

The Bureau of Labor Statistics describes itself as “independent” and “non-partisan.” Economists and statisticians say this impartiality is key to the public and market’s trust in the data, as trillions of dollars can trade on the numbers at any given time.

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Wavering U.S. Consumer and Jobs Markets Show Risks to the Economy

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Key Inflation Gauge Picks up on U.S. Goods

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July 31, 2025

Fed Holds Rates Steady, May Stay the Course in September Too

Officials downgraded their view of the U.S. economy, but Powell cited inflation risk and “many, many uncertainties left to resolve” as reasons not to lower interest rates.

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July 28, 2025

EU–U.S. Trade Deal Averts More Painful Blow

The 15% tariff rate will take effect on August 1. It will cover automobiles, but other details remain unclear.

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July 25, 2025

Nokia Hit with $100 Million 401(k) ‘Underperforming’ Plan Funds Lawsuit

The proposed class-action ERISA lawsuit centers on two poorly performing funds offered by the $9 billion 401(k) plan covering more than 27,000 current and former employees of the giant telecommunications equipment maker.

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July 25, 2025

U.S. Core Capital Goods Orders Decline Amid Policy Uncertainty

The value of core capital goods orders—a proxy for investment in equipment excluding aircraft and military hardware—dropped 0.7% last month, and bookings for all durable goods fell 9.3 percent.

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July 24, 2025

Crypto in Your 401(k)s?

The Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act establishes federal guardrails for stablecoins, reducing the restrictions on including crypto in 401(k) plans.

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July 24, 2025

Group Healthcare Costs May Soar 8.5% in 2026

The firm sees the astonishingly high cost of “cellular, gene, and RNA therapies”—high-tech treatments for conditions like sickle cell disease—as an emerging threat to group health plan budgets.

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July 24, 2025

Trump’s Japan Trade Deal Raises Fears He Gave away Too Much

“Any deal that charges a lower tariff for Japanese imports with virtually no U.S. content than it does North American–built vehicles with high U.S. content is a bad deal for the U.S. industry and U.S. auto workers.”

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Top News Stories

Trump Fires BLS Head, Raising Concerns About Future Data Quality

Wavering U.S. Consumer and Jobs Markets Show Risks to the Economy

Key Inflation Gauge Picks up on U.S. Goods

Recommended Just For You

News Stories

Fed Holds Rates Steady, May Stay the Course in September Too

EU–U.S. Trade Deal Averts More Painful Blow

Nokia Hit with $100 Million 401(k) ‘Underperforming’ Plan Funds Lawsuit

U.S. Core Capital Goods Orders Decline Amid Policy Uncertainty

Crypto in Your 401(k)s?

Group Healthcare Costs May Soar 8.5% in 2026

Trump’s Japan Trade Deal Raises Fears He Gave away Too Much