The president fired the Bureau of Labor Statistics chief after a downbeat jobs report. The move has jeopardized the credibility of economic data.
Category: Appointments and Executive Changes
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Trump Is Replacing Billy Long as I.R.S. Commissioner
The change comes just two months into the former Republican congressman’s tenure leading the tax agency.
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Intel’s CEO Defends Himself After Trump Calls For Resignation
Lip-Bu Tan, Intel’s top executive, said he was committed to the company after Mr. Trump called for him to step down over reported Chinese investments.
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Trump Taps Stephen Miran as New Federal Reserve Governor
If confirmed, Stephen Miran, the current chair of the Council of Economic Advisers, would temporarily fill a position left vacant by Adriana Kugler, who is stepping down early.
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How Ozempic Maker Novo Nordisk Lost Its Shine
The pioneering Danish drugmaker was once the most valuable company in Europe, but analysts say a number of missteps reversed its fortunes.
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Why the B.L.S. Regularly Revises Jobs Data
President Trump fired the head of the Bureau of Labor Statistics last week and described a jobs report that included a big downward revision as “rigged.”
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Trump Fired America’s Economic Data Collector. History Shows the Perils.
Economists say unbiased data is essential for policymaking, and for democracy.
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A Fed governor plans to resign, giving Trump an opportunity to shape central bank.
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.
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Trump, Claiming Weak Jobs Numbers Were ‘Rigged,’ Moves to Fire Labor Official
Economists said ousting the head of the Bureau of Labor Statistics could undermine confidence in government economic data.
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Ozempic Maker’s Stock Plunges 20% After Profit Warning
Novo Nordisk slashed its financial forecasts as it struggled to fight off competition in the United States. It also named a new chief executive, who highlighted the “urgency” of the moment.
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CBS News Names Tanya Simon Executive Producer for ’60 Minutes’
Tanya Simon, who has worked on the show for over two decades, will take over at a time of significant change for the network.
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The Fed Renovations Fueling Trump’s Anger at Jerome Powell
President Trump is set to visit the central bank’s construction site on Thursday with administration officials amid allegations that the costly project has been mismanaged.