Trump: Will Announce New BLS Head in the Next Three to Four Days

By: theblockbeats.news|2025/08/04 08:42:24
0
Share
copy

BlockBeats News, August 4th, U.S. President Trump: Will announce a new head of the Bureau of Labor Statistics in the next three to four days.

Trump on Friday ordered the dismissal of the head of the Bureau of Labor Statistics (the non-farm payroll data release agency), claiming without evidence that the disappointing employment data was "manipulated." The Bureau later confirmed that Director Erika McEntarfer had been dismissed, with her deputy William Wiatrowski serving as acting director. The July Employment Report released earlier on Friday showed a mere addition of 73,000 jobs last month. The Bureau of Labor Statistics also announced a significant revision of data, indicating that the number of employed persons was 258,000 less than previously believed. This is the second largest downward revision on record, only surpassed by revisions during the pandemic.

You may also like

On-chain finance: On-chain IPOs and on-chain ICOs, a new frontier in the trillion-dollar market

The United States uses stablecoins to export the dollar, uses on-chain IPOs/ICOs to export assets, and uses OnFi to export financial rules.

Rented Belief: How Much of the Bitcoin ETF Fund Flow is Real Money

Looking at it week by week, the ETF capital flow is mainly driven by a hidden arbitrage trade rather than belief.

The two giants are racing in "credit": loan balances of 9.9 billion vs 14.6 billion USD, Brazil has become the main battlefield

When we see the domestic credit market growing slowly, with major lending platforms and consumer finance companies tightening their strategies and cautiously controlling their volumes; in stark contrast, the overseas credit sector is迎来 a period of rapid expansion.

A company that was on the verge of bankruptcy has just surpassed Bitcoin in market value

In this wave of AI, capital is clearly more inclined to pay a premium for segments that have real orders, visible supply bottlenecks, and quantifiable profits, which also puts the Crypto AI narrative under more direct scrutiny regarding the certainty of value realization.

B.AI partners with MiniMax to launch a limited-time free experience of M3, enabling zero-threshold implementation of Agentic productivity through full-stack infrastructure

B.AI and MiniMax launch a limited-time free offer for M3, allowing access to top-tier large model core computing power with no threshold.

The second half of the computing power battle: Intel CEO Pat Gelsinger reveals how AI is reshaping the global semiconductor supply chain

Intel CEO Pat Gelsinger's latest discussion: The AI computing power battle has gone beyond the single-point competition of GPUs; the ultimate trump card is to comprehensively restructure the semiconductor supply chain and solve the systemic bottlenecks in advanced manufacturing.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com