Stock Market

Stock Market

Dow Falls on Tariff Blitz; Trump Orders Firing of Top Labor Official

President Trump said he directed his team to fire the top Bureau of Labor Statistics official after the bureau issued a weak jobs report on Friday.​The report weighed on markets Friday along with Trump's revamped tariff plan. Trump in a social media post said Erika McEntarfer, the BLS commissioner, would be “replaced with someone much more competent and qualified,” asserting without evidence that the government’s jobs numbers have been manipulated for political purposes.The July jobs report undershot forecasts, suggesting the economy added just 106,000 positions over the past three months,...
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