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Can we rely on government statistics to help guide our investment decisions? Confluence Associate Market Strategist and Certified Business Economist Thomas Wash joins the podcast to discuss the recent revisions to Bureau of Labor Statistics data that raised doubts about the economy and prompted the president to fire a top official.
The chain of survival for ACLS is the same as was learned in your BLS class.The beginning steps of the Cardiac Emergency and Stroke chain of survival.ACLS's timed goals for first medical contact to PCI for STEMI and door-to-needle for ischemic stroke.Characteristics of areas that have significantly better stroke and out-of-hospital cardiac arrest outcomes.**American Cancer Society (ACS) Fundraiser This is the seventh year that I'm participating in Men Wear Pink to increase breast cancer awareness and raise money for the American Cancer Society's life-saving mission.I hope you'll consider contributing.Every donation makes a difference in the fight against breast cancer! Paul Taylor's ACS Fundraiser Page: http://main.acsevents.org/goto/paultaylorTHANK YOU for your support! Good luck with your ACLS class!Links: Buy Me a Coffee at https://buymeacoffee.com/paultaylor Free Prescription Discount Card - Get your free drug discount card to save money on prescription medications for you and your pets: https://safemeds.vip/savePass ACLS Web Site - Other ACLS-related resources: https://passacls.com@Pass-ACLS-Podcast on LinkedIn
In this episode, James and Antony unpack the shocking BLS revision that wiped out over 100,000 jobs on paper, what it really means for the economy, and why data transparency matters more than ever. They also dive into the wave of fan misconduct hitting the WNBA, break down the DOJ's new denaturalization push and its wider implications, and touch on a few other stories shaping the week that you won't want to miss. Learn more about your ad choices. Visit podcastchoices.com/adchoices
On this episode of The Jay Martin Show, macro strategist David Hunter returns to share his bold forecast for markets, the economy, and commodities. David outlines why he sees a final parabolic melt-up in equities before an 80% market crash, what he calls a “global bust” driven by unprecedented leverage and policy error, and how central banks will respond with trillions in stimulus—triggering a commodities supercycle into the 2030s. From state capitalism in the U.S. to the risk of a global financial system reset, this conversation covers the roadmap, the risks, and the opportunities ahead. Follow David on X: https://x.com/DaveHcontrarian Learn to invest alongside the top minds in commodities. Join The Commodity University today. CLICK: https://linkly.link/26yH8 Sign up for my free weekly newsletter at https://2ly.link/211gx Be part of our online investment community: https://cambridgehouse.com https://twitter.com/JayMartinBC https://www.instagram.com/jaymartinbc https://www.facebook.com/TheJayMartinShow https://www.linkedin.com/company/cambridge-house-international 00:00 – Intro 02:17 – Trump's economic tactics and global precedent 05:31 – Precedent risk in political power grabs 12:04 – BLS jobs data controversy and Trump's response 16:21 – Outdated economic data collection methods 19:28 – Global economic thesis: the path to a “global bust” 22:12 – Why the next downturn could eclipse 2008–09 26:51 – What will trigger the bust? 29:22 – Central bank policy errors and slow stimulus response 33:19 – How a $20 trillion Fed balance sheet expansion could play out 38:27 – Post-bust monetary dominance and inflation surge 44:56 – How investors can protect capital before the downturn 51:31 – Why metals and “safe” equities won't be spared in the bust 54:49 – Commodity supercycle: oil, copper, gold, silver Copyright © 2025 Cambridge House International Inc. All rights reserved.
Today on Mea Culpa, I'm joined by Marcus Flowers, Army veteran, former congressional candidate, and outspoken defender of democracy, for a no-holds-barred conversation on the stakes in 2025. We dig into Trump's escalating authoritarianism, the GOP's abandonment of democratic norms, and how MAGA's culture wars are fueling division across the country. Flowers shares his take on the renewed focus on Jeffrey Epstein, Trump's upcoming meeting with Putin, and the controversy surrounding the BLS. We also unpack Trump's push to take over the D.C. police force, contrasting his heavy-handed tactics with the values service members swear to uphold. From ICE roundups to global instability, this episode is a call to stand up, speak out, and fight back before it's too late. Thanks to our sponsor: L-Nutra: Just visit https://ProlonLife.com/MEACULPA to claim your 15% discount and your bonus gift. Subscribe to Michael's Substack: https://therealmichaelcohen.substack.com/ Subscribe to Michael's YouTube Channel: https://www.youtube.com/@TheMichaelCohenShow Join us on Patreon: https://www.patreon.com/PoliticalBeatdown Add the Mea Culpa podcast feed: https://www.meidastouch.com/tag/mea-culpa-with-michael-cohen Add the Political Beatdown podcast feed: https://www.meidastouch.com/tag/political-beatdown Learn more about your ad choices. Visit megaphone.fm/adchoices
A hotter-than-expected wholesale inflation report just made the Federal Reserve's decision regarding a September rate cut even tougher. The report raises questions of whether higher prices for businesses will be passed on to consumers, pushing up inflation.~This episode is sponsored by iTrust Capital~iTrustCapital | Get $100 Funding Reward + No Monthly Fees when you sign up using our custom link! ➜ https://bit.ly/iTrustPaulGuest: Darius Dale Founder & CEO - 42 Macro42 Macro website ➜ https://bit.ly/42MacroDD00:00 Intro00:10 Sponsor: iTrust Capital00:40 Darius Dale: The risk asset is the treasury bond market03:20 Scott Bessent: I think we take in $300B in tariff revenue04:33 Can tariffs revenue make up for this gap in deficit?06:45 Will stablecoins make any difference to our national debt?09:00 PPI Data: Market slide overreaction?10:50 Tom Lee: "Buy the dip" - Do you agree?12:25 BLS data impact14:30 CNBC: we can do a 50bps make up, cut no problem17:30 What happens in September?18:20 No rate cut chances?19:20 End of year bullish or bearish?19:30 2026 bullish or bearish?20:10 Outro#Crypto #bitcoin #fedrate~No Rate Cut Possible?
This Day in Legal History: Starve or SellOn August 15, 1876, the United States Congress passed a coercive measure aimed at forcing the Sioux Nation to relinquish their sacred lands in the Black Hills of present-day South Dakota. Known informally as the "starve or sell" bill, the legislation declared that no further federal appropriations would be made for the Sioux's food or supplies unless they ceded the Black Hills to the U.S. government. This came just two months after the Lakota and Northern Cheyenne had defeated General George Custer at the Battle of the Little Bighorn, a major blow to U.S. military prestige.The Black Hills had been guaranteed to the Sioux in the 1868 Treaty of Fort Laramie, which recognized their sovereignty over the area. But when gold was discovered there in 1874 during Custer's expedition, settlers and miners flooded the region, violating the treaty. Rather than remove the intruders, the federal government shifted blame and sought to pressure the Sioux into surrendering the land.The 1876 bill effectively weaponized hunger by conditioning life-sustaining aid on land cession. This tactic ignored treaty obligations and relied on exploiting the Sioux's vulnerability after a harsh winter and military setbacks. Despite resistance from many tribal leaders, the U.S. government eventually secured signatures under extreme duress. In 1980, the U.S. Supreme Court in United States v. Sioux Nation of Indians ruled that the Black Hills were taken illegally and ordered compensation—money the Sioux have famously refused, insisting instead on the return of the land.Russian state-sponsored hackers infiltrated the U.S. federal court system and secretly accessed sealed records for years by exploiting stolen user credentials and a vulnerability in an outdated server. The breach, which remained undisclosed until recently, involved the deliberate targeting of sealed documents tied to sensitive matters like espionage, fraud, money laundering, and foreign agents. These records, normally protected by court order, often include details about confidential informants and active investigations. Investigators believe the hackers were backed by the Russian government, though they haven't been officially named in public disclosures.The Department of Justice has confirmed that “special measures” are now being taken to protect individuals potentially exposed in the breach. Acting Assistant Attorney General Matt Galeotti said that while technical and procedural safeguards are being implemented broadly, the DOJ is focusing particular attention on cases where sensitive information may have been compromised. He did not provide specifics but acknowledged that the situation demands urgent and tailored responses. Judges across the country were reportedly alerted in mid-July that at least eight federal court districts had been affected.This breach follows an earlier major compromise in 2020, also attributed to Russian actors, involving malicious code distributed through SolarWinds software. In response to both incidents, the judiciary has ramped up its cybersecurity efforts, including implementing multifactor authentication and revising policies on how sealed documents are handled. Some courts now require such documents to be filed only in hard copy. However, officials and experts alike have criticized Congress for underfunding judicial cybersecurity infrastructure, leaving it vulnerable to increasingly sophisticated attacks.The situation raises ongoing concerns about the security of national security cases and the exposure of individuals whose cooperation with law enforcement was meant to remain confidential. Lawmakers have requested classified briefings, and President Trump, who is set to meet with Russian President Vladimir Putin, acknowledged the breach but downplayed its significance.Russian Hackers Lurked in US Courts for Years, Took Sealed FilesUS taking 'special measures' to protect people possibly exposed in court records hack | ReutersA federal trial in California is testing the legal boundaries of the U.S. military's role in domestic affairs, focusing on President Donald Trump's deployment of troops to Los Angeles during protests in June. California Governor Gavin Newsom sued Trump, arguing the deployment of 700 Marines and 4,000 National Guard troops violated the Posse Comitatus Act, an 1878 law that prohibits the military from engaging in civilian law enforcement. Testimony revealed that troops, including armed units and combat vehicles, were involved in activities like detaining individuals and supporting immigration raids—actions critics argue cross into law enforcement.The Justice Department defended Trump's actions, asserting that the Constitution permits the president to deploy troops to protect federal property and personnel. They also claimed California lacks the standing to challenge the deployment in civil court, since Posse Comitatus is a criminal statute that can only be enforced through prosecution. U.S. District Judge Charles Breyer expressed concern about the lack of clear limits on presidential authority in such matters and questioned whether the logic behind the Justice Department's arguments would allow indefinite military involvement in domestic policing.Military officials testified that decisions in the field—such as setting up perimeters or detaining people—were made under broad interpretations of what constitutes protecting federal interests. The case took on added urgency when, on the trial's final day, Trump ordered 800 more National Guard troops to patrol Washington, D.C., citing high crime rates, despite statistical declines. The Justice Department has also invoked the president's immunity for official acts under a 2024 Supreme Court ruling, further complicating California's legal path.Trial shows fragility of limits on US military's domestic role | ReutersThe U.S. legal sector added jobs for the fifth consecutive month in July, nearing its all-time high of 1.2 million positions set in December 2023, according to preliminary Bureau of Labor Statistics (BLS) data. While this signals positive momentum, long-term growth remains modest; employment is only 1.7% higher than its May 2007 peak, showing how the 2008 financial crisis and the pandemic stalled progress. Big law firms, however, have seen major gains: between 1999 and 2021, the top 200 firms nearly doubled their lawyer headcount and saw revenues grow by 172%.Still, the wider legal job market—including paralegals and administrative staff—hasn't kept pace. Technological efficiencies and AI have reduced reliance on support staff, and the lawyer-to-staff ratio has declined steadily. Some general counsels are now using AI tools instead of outside firms for tasks like summarizing cases and compiling data, suggesting further disruption is on the horizon. Meanwhile, superstar lawyers at elite firms now earn upward of $10 million a year, driven by rising billing rates and high-demand corporate work.Broader U.S. job growth lagged in July, with the BLS issuing significant downward revisions for previous months. President Trump responded by firing BLS Commissioner Erika McEntarfer, accusing her without evidence of data manipulation. On the law firm side, Boies Schiller is handling high-profile litigation over Florida's immigration policies, with rates topping $875 an hour for partners. Separately, Eversheds Sutherland reported a 10% jump in global revenue, citing strong performance in its U.S. offices and a new Silicon Valley branch.US legal jobs are rising again, but gains are mixed | ReutersThe U.S. Supreme Court has declined to temporarily block a Mississippi law requiring social media platforms to verify users' ages and obtain parental consent for minors, while a legal challenge from tech industry group NetChoice moves through the courts. NetChoice, whose members include Meta, YouTube, and Snapchat, argues the law violates the First Amendment's free speech protections. Although Justice Brett Kavanaugh acknowledged the law is likely unconstitutional, he stated that NetChoice hadn't met the high standard necessary to halt enforcement at this early stage.The Mississippi law, passed unanimously by the state legislature, requires platforms to make “commercially reasonable” efforts to verify age and secure “express consent” from a parent or guardian before allowing minors to create accounts. The state can impose both civil and criminal penalties for violations. NetChoice initially won limited relief in lower court rulings, with a federal judge pausing enforcement against some of its members, but the Fifth Circuit Court of Appeals reversed that pause without explanation.Mississippi officials welcomed the Supreme Court's decision to allow the law to remain in effect for now, calling it a chance for “thoughtful consideration” of the legal issues. Meanwhile, NetChoice sees the order as a procedural setback but remains confident about the eventual outcome, citing Kavanaugh's statement. The case marks the first time the Supreme Court has been asked to weigh in on a state social media age-check law. Similar laws in seven other states have already been blocked by courts. Tech companies, facing increasing scrutiny over their platforms' impact on minors, insist they already provide parental controls and moderation tools.US Supreme Court declines for now to block Mississippi social media age-check law | ReutersThis week's closing theme is by Samuel Coleridge-Taylor.On this day in 1875, Samuel Coleridge-Taylor was born in London to an English mother and a Sierra Leonean father. A composer of striking originality and lyricism, Coleridge-Taylor rose to prominence in the late 19th and early 20th centuries, earning acclaim on both sides of the Atlantic. Often dubbed the “African Mahler” by American press during his tours of the U.S., he became a symbol of Black excellence in classical music at a time when such recognition was rare. He studied at the Royal College of Music under Charles Villiers Stanford, and by his early twenties, had already composed his most famous work, Hiawatha's Wedding Feast, which became a staple of British choral repertoire.Coleridge-Taylor's music blended Romanticism with rhythmic vitality, often inflected with the spirituals and folk influences he encountered during his visits to the United States. He was deeply inspired by African-American musical traditions and maintained a lifelong interest in promoting racial equality through the arts. His catalogue includes choral works, chamber music, orchestral pieces, and songs—each marked by melodic richness and emotional depth.This week, we close with the fifth and final movement of his 5 Fantasiestücke, Op. 5—titled "Dance." Composed when he was just 18, the piece captures the youthful exuberance and technical elegance that would characterize his career. Lively, rhythmically playful, and tinged with charm, “Dance” is a fitting celebration of Coleridge-Taylor's enduring legacy and a reminder of the brilliance he achieved in his all-too-brief life.Without further ado, Samuel Coleridge Taylor's 5 Fantasiestücke, Op. 5 – enjoy! This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe
President Donald Trump fired the commissioner of the Bureau of Labor Statistics earlier this month, claiming that the monthly jobs numbers — which were revised downward — were “rigged” to make him look bad. Plenty of companies use BLS data to make business decisions. With questions raised about the quality and regularity of that data now, how do alternate data sources compare? Also: a flare of inflation at the wholesale level and a comeback for adjustable-rate mortgages.
President Donald Trump fired the commissioner of the Bureau of Labor Statistics earlier this month, claiming that the monthly jobs numbers — which were revised downward — were “rigged” to make him look bad. Plenty of companies use BLS data to make business decisions. With questions raised about the quality and regularity of that data now, how do alternate data sources compare? Also: a flare of inflation at the wholesale level and a comeback for adjustable-rate mortgages.
Starting this summer, Vermont farmers are some of the first in the nation to face major restrictions on neonicotinoids — a kind of pesticide widely used to treat corn and soy plants. In part, that's because neonics are killing honeybees.Quebec has had a similar law on the books for years. So we head north of the border to see what we can learn from our Canadian neighbors and answer this question from Curtis Mraz, of New Haven:“What is Vermont doing to protect our pollinators?”For a full transcript of this episode and photos from our reporting, check out our web post.This episode was reported by Sabine Poux. Editing and production from the rest of the BLS team: Burgess Brown and Josh Crane. Additional support from Ainslie McClellan, journalist at CBC Montreal and the host of a podcast called This is Montreal. Our intern is Lucia McCallum. Angela Evancie is our Executive Producer. Theme music by Ty Gibbons; other music by Blue Dot Sessions.Special thanks to Abagael Giles, Howard Weiss-Tisman, Andrea Laurion, Laurie Kigonya, Todd Mallory, Seth Bedard, Noah Villamarin-Cutter, Valérie Fournier and Steve Dwinell. As always, our journalism is better when you're a part of it: Ask a question about Vermont Sign up for the BLS newsletter Say hi onInstagram and Reddit @bravestatevt Drop us an email: hello@bravelittlestate.org Make a gift to support people-powered journalism Tell your friends about the show! Brave Little State is a production of Vermont Public and a proud member of the NPR Network.
Averaging one per month. Head of BLS Out. Goldman's leading economist – suggested out. Plus Nvidia to share revenue with the government, inflation info, more concerns with Buy Now Pay Later and a debit card snafu. Plus plus Perplexity offers $34.5 billion for Google Chrome.
If Donald Trump says, “Water is wet,” Democrats will gather in the rain to protest it… wearing scuba gear… then file a class-action lawsuit on behalf of “dry people everywhere.” That's how allergic they are to reality.Trump has this superpower: he just says things everyone already knows, and the Left acts like he's revealed the nuclear launch codes. The latest example? He's cleaning house at the Bureau of Labor Statistics. Fired the old BLS hack because—brace yourself—she was a Leftist liar cooking the books on economic data. Not a “suspected liar.” Not “allegedly biased.” A professional fiction writer with a government pension.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Since President Trump's firing of the Bureau of Labor Statistics commissioner over a weak jobs report, we've been thinking a lot about the trustworthiness of U.S. economic data. Other countries like China can offer a glimpse of what happens when that trust erodes. On the show today, Marketplace's China correspondent Jennifer Pak explains how she works around unreliable data when reporting on the Chinese economy. Plus, could the United States be headed in the same direction?Here's everything we talked about today:"12 million students in China will graduate this year into a shaky job market" from Marketplace"China says its unemployment rate is “stable,” but job seekers remain gloomy" from Marketplace "Is GDP still a useful gauge of China's economy?" from Marketplace"How Bad Is China's Economy? The Data Needed to Answer Is Vanishing" from The Wall Street Journal "How to deal with untrustworthy government economic data? Look to China" from Marketplace"Trump taps Heritage economist to lead BLS" from PoliticoWe love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
Wednesday, August 13th, 2025Today, the 8th Circuit Court of Appeals upholds the Arkansas ban on gender affirming care; bigot Kim Davis has asked the Supreme Court to overturn marriage equality; a federal judge has ordered improved conditions for immigrants detained at 26 Federal Plaza; how the State Department grappled with the release of a triple murderer in the CECOT prisoner exchange; Trump's new jobs numbers guy suggests suspending monthly job reports; Putin visits Alaska as talks swirl about a new Trump Tower Moscow; core inflation continues to rise in the United States; Texas Attorney General Ken Paxton urges prosecutors to jail Beto O'Rourke; Sherrod Brown announces his bid for Senate in 2026; and Allison and Dana read your Good News.Thank You, IQBARText DAILYBEANS to 64000 to get 20% off all IQBAR products, plus FREE shipping. Message and data rates may apply. Guest: Adam KlasfeldAll Rise NewsAll Rise News - Bluesky, @klasfeldreports.com - BlueSky, @KlasfeldReports - Twitter, @senecaprojectus - InstagramGeneral commanding troops in LA delivers, then revises, damaging testimony to Trump | All Rise NewsGuest: Tara SetmayerThe Seneca Project, @senecaproject.us - Bluesky, @senecaprojectus - TwitterThe Seneca Project - YouTube, The Stakes with Tara Setmayer and Michelle Kinney - YouTubeTara Setmayer, @tarasetmayer.bsky.social - Bluesky, @TaraSetmayer - Twitter, @thetarasetmayer - InstagramStoriesSupreme Court formally asked to overturn landmark same-sex marriage ruling | ABC NewsV Spehar (@underthedesknews) - InstagramTrump's pick for BLS commissioner floated suspending the monthly jobs report before apparently backing off | CNN BusinessEighth Circuit Upholds Arkansas's Ban on Gender-Affirming Care for Transgender Youth | American Civil Liberties UnionRussia Has High Hopes for Trump-Putin Summit. Peace With Ukraine Isn't One of Them. | WSJ‘Can We Extradite Him?' How U.S. Officials Grappled With the Release of a Triple Murderer | The New York TimesCPI rose in July by 2.7% on an annual basis. Here's what that means. | CBS NewsPaxton urges Texas judge to jail Beto O'Rourke over fundraising related to redistricting fight | POLITICO Good Trouble Protest Putin in Alaska! Thursday, August 14 - 5:00 p.m. Valdez, AK, Small Boat Harbor Boardwalk. Putin will be traveling to Alaska to meet with Trump. They will discuss a peace deal between Russia and Ukraine. Putin is wanted by the International Criminal Court (ICC).Join Alaskans all over the state and rally to show that we oppose rolling out the red carpet for Putin and Trump and to show our solidarity with Ukraine. Bring Ukrainian Flags if you have them. From The Good NewsRepublican Rep. LaMalfa hammered in profanity-laced town hall - ABC NewsRose HavenCT State Community CollegeReminder - you can see the pod pics if you become a Patron. The good news pics are at the bottom of the show notes of each Patreon episode! That's just one of the perks of subscribing! patreon.com/muellershewrote Our Donation LinksNational Security Counselors - DonateMSW Media, Blue Wave California Victory Fund | ActBlueWhistleblowerAid.org/beans Federal workers - feel free to email AG at fedoath@pm.me and let me know what you're going to do, or just vent. I'm always here to listen. Find Upcoming Actions 50501 Movement, No Kings.org, Indivisible.orgDr. Allison Gill - Substack, BlueSky , TikTok, IG, TwitterDana Goldberg - BlueSky, Twitter, IG, facebook, danagoldberg.comCheck out more from MSW Media - Shows - MSW Media, Cleanup On Aisle 45 pod, The Breakdown | SubstackShare your Good News or Good TroubleMSW Good News and Good TroubleHave some good news; a confession; or a correction to share?Good News & Confessions - The Daily Beanshttps://www.dailybeanspod.com/confessional/ Listener Survey:http://survey.podtrac.com/start-survey.aspx?pubid=BffJOlI7qQcF&ver=shortFollow the Podcast on Apple:The Daily Beans on Apple PodcastsWant to support the show and get it ad-free and early?The Daily Beans | SupercastThe Daily Beans & Mueller, She Wrote | PatreonThe Daily Beans | Apple Podcasts
President Trump chooses Heritage Foundation economist E.J. Antoni to lead the BLS, the federal agency that collects data on inflation and the nation's jobs numbers. What is Antoni's public record? Does he have concrete plans to improve the statistics? Can he win Senate confirmation? And what about public trust, given how Trump fired former BLS director Erika McEntarfer? Learn more about your ad choices. Visit megaphone.fm/adchoices
Let's talk about Trump's BLS pick and trusting numbers....
Since President Trump's firing of the Bureau of Labor Statistics commissioner over a weak jobs report, we've been thinking a lot about the trustworthiness of U.S. economic data. Other countries like China can offer a glimpse of what happens when that trust erodes. On the show today, Marketplace's China correspondent Jennifer Pak explains how she works around unreliable data when reporting on the Chinese economy. Plus, could the United States be headed in the same direction?Here's everything we talked about today:"12 million students in China will graduate this year into a shaky job market" from Marketplace"China says its unemployment rate is “stable,” but job seekers remain gloomy" from Marketplace "Is GDP still a useful gauge of China's economy?" from Marketplace"How Bad Is China's Economy? The Data Needed to Answer Is Vanishing" from The Wall Street Journal "How to deal with untrustworthy government economic data? Look to China" from Marketplace"Trump taps Heritage economist to lead BLS" from PoliticoWe love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
In episode 424 of the BE SMART podcast, Jared and Cameron discuss why EJ Antoni is not the “perfect guy at the perfect time to run the BLS,” as well as the Federal Reserve chair search and how Trump may have found his Caligula's horse in Handsome Jim Bullard. They also get into CPI and the likelihood for a rate cut next month, the pause on US-China tariffs, and where things stand with gold, the AI craze, and crypto as the summer winds down.
On today's show we are looking at the integrity of economic data. This has been making headlines with the President firing the head of the bureau of labor and statistics and installing a longtime critic of the BLS to head the agency. The BLS has received a lot of questions and criticism for their data collection methods.The world seems up in arms that the President is going to interfere with how economic data is collected and reported. On today's show we are going to take a walk through history to look at how economic data and employment data is collected and reported and the numerous changes that have taken place under various administrations since the 1940's. The BLS and the BEA claim to have no political affiliation and therefore they are independent from the administration. Let's look and see at what history tells us, and maybe you will agree with that sentiment, and maybe you won't. The collection and dissemination of these statistics are primarily the responsibility of two independent federal agencies: the Bureau of Labor Statistics (BLS) and the Bureau of Economic Analysis (BEA). The BLS, which was first established in 1884, is responsible for producing data on employment, prices, and productivity, while the BEA's mission is to provide a comprehensive picture of the U.S. economy through its national accounts, including Gross Domestic Product (GDP).-------------**Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1) iTunes: [The Real Estate Espresso Podcast](https://podcasts.apple.com/ca/podcast/the-real-estate-espresso-podcast/id1340482613) Website: [www.victorjm.com](http://www.victorjm.com) LinkedIn: [Victor Menasce](http://www.linkedin.com/in/vmenasce) YouTube: [The Real Estate Espresso Podcast](http://www.youtube.com/@victorjmenasce6734) Facebook: [www.facebook.com/realestateespresso](http://www.facebook.com/realestateespresso) Email: [podcast@victorjm.com](mailto:podcast@victorjm.com) **Y Street Capital:** Website: [www.ystreetcapital.com](http://www.ystreetcapital.com) Facebook: [www.facebook.com/YStreetCapital](https://www.facebook.com/YStreetCapital) Instagram: [@ystreetcapital](http://www.instagram.com/ystreetcapital)
-DoD drafts plans for rapid response team to crush protests around the U.S. -ICE arrests disabled U.S. teen in California -Teamsters Sean O'Brien is funding class enemies -Trump finds a clown to head up BLS
S&P Futures are extending their gains from yesterday as the market continues to feed off of Tuesday milder than expected CPI report. The economic calendar is light today, PPI data is due out tomorrow. Expectations for a Fed rate cut in Sept are nearing 100%. Markets are going to be looking for clues in relation to the upcoming U.S. Russian talks over a Ukraine peace accord. Next week's Jackson Hole summit will soon be in focus as markets look to hear dovish commentary from Fed Chair Powell. Trump's pick to lead the BLS floats the idea of suspending the Non Farm Payrolls report. In corporate news, Spirt Airlines warns that they may not be able to continue operations if their financial picture does not improve soon. Disney does a deal with Webtoon. In earnings news, LITE & EAT are higher after releases, CAVA, CRWV are lower. After the bell today, CSCO & COHR are expected to report.
National Guard troops are now patrolling the streets of the nation's capital. And leaders in other blue cities are bracing for similar tactics. How do they fight back? One Democratic mayor joins the show to discuss. Also on this morning's show: As anticipation builds for the Trump-Putin war summit, why is the White House downplaying expectations? ... If Trump's pro-MAGA pick to head the BLS is confirmed, can we count on the data we get from him? ... How self-described Democratic Socialist Zohran Mamdani has opened up a huge lead in the race for NYC mayor. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Know Your Risk Radio with Zach Abraham, Chief Investment Officer, Bulwark Capital Management
August 13, 2025 - Chase takes a look at rates, export taxes, and BLS inflation.
-- On the Show: -- Inflation rose sharply in July under Trump's economy, driven by tariffs causing prices to increase above the Fed's ideal range -- Trump's firing of the Bureau of Labor Statistics head raises questions about the credibility and political influence on inflation and jobs data -- Layoffs in the US surged to the highest level since the COVID pandemic, fueled by federal job cuts, tariffs, AI automation, and private sector downsizing -- Trump's takeover of DC police and deployment of National Guard troops sparked protests and potential resistance from the Guard -- Trump's strange remarks about sidewalk scrubbing during a speech leave his staff bewildered -- Trump's FBI Director Kash Patel publicly contradicted MAGA narratives by reporting record low murder rates, enraging Trump -- Donald Trump confused Alaska with Russia during a speech, exposing incoherence and hypocrisy in right-wing media responses -- Trump's press secretary Karoline Leavitt had a visible meltdown on camera when asked a simple question about the Epstein scandal -- Marjorie Taylor Greene publicly attacks other MAGA figures, exposing internal conflict and power struggles within the movement -- Jeanine Pirro struggled when confronted with real crime data showing declines, undermining the MAGA narrative -- Defense Secretary Pete Hegseth dodged questions about the fate of homeless people after Trump's plans to clear homeless encampments -- On the Bonus Show: Pete Hegseth retweets Christian nationalist pastor, Project 2025 guy picked for BLS leader, MTG accused of sketchy stock trading, and much more...
Star Trek Las Vegas was a BLAST! CNN's Harry Enten calls the Epstein story a nothingburger. Jim Comer will put Bill Clinton front and center in Epstein investigation. The good news is Thomas Massie is keeping up the pressure. The clown dictator turns DC into a police state. New York and Chicago are next. Donald kept saying he's traveling to Russia even though his meeting with Putin is in Alaska. Tiny Trump returns! Kim Davis is back. Donald is still targeting the Smithsonian. Project 2025 goon to be nominated for BLS commissioner. With Jody Hamilton, David Ferguson, music by The Burning Limos, The Wildwoods, and more!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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In his first interview since Circle's IPO, Circle co-founder and CEO Jeremy Allaire explains the blockchain-native company's first earnings report, as well as his own vision for the future of finance. Elon Musk is threatening to sue Apple over its App Store rankings of AI apps; CNBC's Steve Kovach and contributor Michal Lev-Ram discuss Musk's strategy and the race for AI dominance. For the new BLS commissioner position, President Trump will nominate E.J. Antoni, an economist at the conservative Heritage Foundation. Steve Kovach - 21:27Michal Lev-Ram - 26:42Jeremy Allaire - 34:12 In this episode:Michal Lev-Ram, @mlevramJeremy Allaire, @jerallaireJoe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie
E.J. Antoni, chief economist at the conservative Heritage Foundation and a longtime critic of the Bureau of Labor Statistics, is President Trump's pick to lead the agency. Antoni's background and previous comments about the BLS is fueling concerns about the legitimacy of future jobs reports under his stewardship. Also on today's show: The largest wildfire in California this year is now at 120,000 acres ... and growing. Learn more about your ad choices. Visit podcastchoices.com/adchoices
This week on Birdie Little Secrets, Kass is flying solo while Syd flies across the country for (a much deserved) vacay! But TRUST, the girls could never leave their Little Birdies hanging during the most important weeks of the PGA TOUR schedule, the FedExCup Playoffs! Kass continues to spill the tournament tee from the FedEx St. Jude Championship, and boy did the first leg of the Playoffs start out strong with a win from Justin Rose – he's still got it! Rose's 12th victory makes him the oldest winner on TOUR in 2025. Unfortunately, a win for Rose meant a heartbreaking loss for many, including J.J. Spaun during their 3-hole playoff, and let's not forget Rose's bestie, Tommy Fleetwood. Kass talks about the FEC storylines, including those that aren't making it onto the next event, the BMW Championship. This week we went from the Top 70 to the Top 50 in dramatic fashion, you won't want to miss all the Birdie Little Secrets about the Playoffs! Tune in for tournament tee, Ryder Cup Rankings, FEC storylines and more! Plus, we flash it back to a previous BLS guest, Hally Leadbetter! Use code: BLS15 for 15% off your order at https://midspringsport.com/ Follow us on Instagram and TikTok @birdielittlesecretspod
Mike Armstrong and Marc Fandetti explain why the Fed could cut rates in September and it comes down to employment data. Trump to nominate BLS critic to lead the agency. The era of big raises for low-paid workers is over. Do Roth IRA conversions still make sense with the passage of the GOP tax bill? Trump's BLS nominee already making questionable comments about the agency's future.
S&P Futures are flat to lower this morning in cautious trading ahead of this morning's inflation report. If the CPI report comes in hot, it will likely lessen the odds of a September rate cut by the Fed. President Trump extended the current trade agreement with China yesterday. He also nominated E.J. Antoni as head of the BLS. His nomination has drawn mixed reaction, critics question the rigor, accuracy, and neutrality of his economic work due to perceived political bias. Expectations are being lowered on a possible Ukraine peace deal, talks are now being described as a "feel out meeting". In deal news, Cardinal Health is set acquire Solaris Health for $1.9B. In earnings news, GDOT, ONON &PONY are higher after release, CE is lower. Micron raised its guidance yesterday. After the bell today, CRWV, CAVA, HRB & RGTI are expected to report.
Ralph welcomes labor organizer Chris Townsend to discuss the current state of the labor movement under the second Trump administration. Then, Ralph talks to journalist Mariah Blake about PFAS and her new book “They Poisoned the World: Life and Death in the Age of Forever Chemicals.”Chris Townsend has been a union member and leader for more than 45 years. He was most recently the Amalgamated Transit Union (ATU) International Union Organizing Director. Previously he was an International Representative and Political Action Director for the United Electrical Workers Union (UE), and he has held local positions in both the SEIU and UFCW.We've moved up an administrative layer of labor leaders, time markers, folks who see their role as at best guiding the sinking ship, managing the decline, taking best care as they can think of the members as their lives are destroyed, as the employers move to liquidate us.Chris TownsendIn many ways, exceeding the gravity of the political action crisis (our subordination to the Democratic Party, our membership estrangement from the political process, the lack of any significant trade union education of the rank and file other than a few cheap slogans)…is that the crisis that we face is the crisis of our very existence.Chris TownsendIt's far easier to shrink the labor movement than it is to build it and grow it. And that's our job. No other force in the country is going to do the work of adding the many millions of unorganized toilers—I use the word “toilers” very carefully…Toil is really what we've been reduced to, and increasingly so. So there's absolutely, I would indict the labor movement loudly, daily, that there is as yet no understanding that unless we go back out to the unorganized and take the spirit of trade unionism—unity, one for all, take on the employer, organize, defend each other, move forward, recapture some of this gargantuan wealth that we create each day on the job—unless that spirit is returned into an organizing wave or at least an attempt to do this, our fate has been sealed.Chris TownsendMariah Blake is an investigative journalist whose writing has appeared in the New York Times, the Atlantic, Mother Jones, the New Republic, and other publications. She was a Murrey Marder Nieman Fellow in Watchdog Journalism at Harvard University. And she is the author of They Poisoned the World: Life and Death in the Age of Forever Chemicals.PFAS are a large family of chemicals with some pretty amazing properties—they're extremely resistant to heat, stains, water, grease, electrical currents. They stand up to corrosive chemicals that burn through virtually every other material (including, in some cases, steel). And this makes them extremely useful. And as a result, they found their way into thousands of everyday products. On the other hand, they are probably the most insidious pollutants in all of human history. So they stay in the environment for hundreds or even thousands of years. Those that have been studied are highly toxic, even in the most minuscule of doses. And they are literally polluting the entire planet.Mariah BlakeThe way we regulate chemicals in this country at the moment makes zero sense. You do see changes happening in response to the unique threat posed by these chemicals on a state level. And this is really in response to citizen activism. So a number of states are passing laws that have banned the entire class of chemicals. That is not how we regulate chemicals in this country normally. We normally regulate them one by one, but at this moment 30 US states have passed at least 170 laws restricting PFAS, including 16 full or partial bans on the entire class of chemicals in consumer goods.Mariah BlakeThe amazing thing is the families of all these lobbyists have got these chemicals in their own bodies, their own kids, their own infants. I mean, don't they crank that into their daily mission as to how they're going to confront efforts by citizens around the country to ban and regulate these chemicals? How oblivious can you be? These oil and gas executives and lobbyists in Washington, their own families are being contaminated.Ralph NaderThese were people very much like Michael, people who had never taken much of an interest in politics, who'd spent their lives trusting that there were systems in place to protect them. And now that trust had been shattered. But rather than becoming cynical or resigned, they fought like hell to protect their families. And along the way, they discovered these hidden strengths that turned them into really remarkable advocates.Mariah BlakeNews 8/8/25* In Gaza, even the Israeli media is starting to acknowledge the scale of the starvation crisis. The New Yorker reporters, “Channel 12 [Israel's most-watched mainstream news broadcast], aired a series of startling…photographs of emaciated babies, and of children being trampled as they stood in food lines, holding out empty pots…[as well as] pictures of mothers weeping because they had no way to feed their families…Ohad Hemo, the network's correspondent for Palestinian affairs, concluded, ‘There is hunger in Gaza, and we have to say it loud and clear…The responsibility lies not only with Hamas but also with Israel.'” According to the U.N.'s World Food Programme, more than one in three people are not eating for days in a row. Yet, polls show that a “vast majority of Israeli Jews – 79 percent – say they are ‘not so troubled' or ‘not troubled at all' by the reports of famine and suffering among the Palestinian population in Gaza,” according Haaretz. This callous disregard for the lives of Palestinians among Israel's majority population ensures that this humanitarian crisis will worsen even more unless the government faces real external pressure to end the devastation and provide humanitarian aid.* Meanwhile, Axios reports the government of Israeli Prime Minister Netanyahu “unanimously voted Monday to fire Attorney General Gali Baharav-Miara, who is currently prosecuting [Netanyahu] for corruption.” As this piece explains, “This is the first time an Israeli government has ever voted to fire an attorney general,” sparking “immediate accusations Netanyahu was seeking to protect himself and his aides.” The Israeli Supreme Court issued an injunction blocking the move. However, this act, and the ensuing backlash, all but guarantees the bombardment of Gaza will continue as Netanyahu uses the campaign as a political liferaft.* Speaking of political crises, a major one is unfolding here at home. In Texas, the Republican-dominated state legislature is seeking to redraw the state's congressional maps to give Republicans five additional seats, which President Trump claims they are “entitled” to, per ABC. This naked power grab has set off a firestorm, with Democratic-controlled states like California and New York vowing to retaliate by redrawing their own maps to maximize their party's advantage. Texas state Democratic legislators, in an attempt to deny Republicans the quorum they need to enact the new maps, have fled to Illinois. Attorney General Ken Paxton has ordered their arrest, but they are seeking safe harbor in Illinois. Gerrymandering has plagued the American body politic since the foundation of the republic; perhaps this new crisis will force a resolution to the issue at the federal level. Then again, probably not.* In more positive legal news, former Federal Trade Commission Chair Lina Khan reports that in an “Important win…A court rejected Google's effort to overturn a unanimous jury verdict finding that Google illegally monopolized key markets.” Crucially, the court also found that “digital monopolies can enjoy the fruits of their illegal conduct even after it stops.” In practice, this ruling means a remedy “may need to go beyond just stopping the illegal behavior so that the market can truly be opened up to competition.” However, Google is still appealing the ruling to the corporate-friendly Supreme Court, so the ultimate fate of this decision remains in the balance.* On Tuesday, the New York Times published an article giving an inside look at financier and pedophile sex trafficker Jeffrey Epstein's “Manhattan Lair.” Among other notable features of the seven-story townhouse: a surveillance camera inside Epstein's bedroom. One can only imagine the images it captured. Another notable feature: the preponderance of photographs of powerful and influential figures with Epstein, including Bill Clinton, Donald Trump, and Saudi Crown Prince Mohammed Bin Salman. Epstein's Saudi connections, including a passport with a fake name and an address in Saudi Arabia which he used to enter several countries, including the Kingdom in the 1980s, have not been deeply probed.* Our remaining stories for this week all revolve around the Trump administration. First, after complaining that the Bureau of Labor Statistics “rigged” economic data to make his administration and Republicans look bad, Trump has fired BLS Commissioner Erika McEntarfer. As POLITICO notes, budget constraints and workforce cuts have already enfeebled BLS, and the bureau's attempts to insulate itself from political pressure will now be strained to the limit as whomever Trump does install will – implicitly or explicitly – understand that their fate will be tied to reporting out positive economic data. In the long run, this blow against accuracy in official economic reporting could do immense damage to the confidence of those considering investing in the United States.* Another Trump power grab is aimed at the District of Columbia. At 3 a.m. on Sunday, an altercation occurred between two fifteen-year-olds and Edward Coristine, the infamous DOGE staffer nicknamed “Big Balls,” in Washington's Logan Circle neighborhood. According to AP, “the group approached…[Coristine's] car and made a comment about taking it…[he then]...turned to confront the group…the teens then attacked him…officers patrolling nearby intervened…[and] the teens fled on foot.” This objectively strange, though ultimately mundane, attempted carjacking by teenagers has spurred the president to threaten a federal takeover of D.C., even as “violent crime overall is down more than 25% from the same period last year.” This is not the first time Republicans have threatened a federal takeover of the District, and in recent years there have been increasing tensions between the local and federal government – but D.C. is largely powerless to resist as it lacks the constitutional protections of statehood.* The Trump administration is also taking actions that will endanger the health and safety of all Americans. NBC reports Secretary of Health and Human Services Robert F. Kennedy Jr. is terminating 22 contracts, amounting to around $500 million, for research and development of mRNA vaccines. These contracts were awarded through the Biomedical Advanced Research and Development Authority, or BARDA. One of these contracts was intended to help develop an mRNA-based vaccine for H5N1, the strain of bird flu that has infected dozens of people in the United States, according to this report. Rick Bright, who directed BARDA through the first Trump administration is quoted saying, “This isn't just about vaccines…It's about whether we'll be ready when the next crisis hits. Cutting mRNA development now puts every American at greater risk.”* Over at the Environmental Protection Agency, the picture is far more muddled. The Washington Post reports that the EPA held a tense meeting this week on its plan to rescind the agency's drinking water standard with regard to per- and polyfluoroalkyl substances, also known as PFAS. In this meeting, state officials complained that mixed messages from federal regulators were frustrating their efforts. According to the Post “Despite the lack of clarity on what the EPA will do with the standard, states are still on the hook for implementing it.” Steven Elmore, chair of the National Drinking Water Advisory Council, is quoted saying “Certain states have state laws that say their drinking water standard can't be more stringent than the federal law.” At the same time, 250 bills have been introduced in 36 states this year to address PFAS by “banning the chemicals in products, setting maximum levels in drinking water and allocating funding to clean up contamination,” and “Dozens of states have passed regulatory standards for at least one forever chemical in drinking water.” Put simply, chaos and confusion reign, and the American people will pay the price as toxic forever chemicals continue to pollute our drinking water.* Finally, the BBC reports Transportation Secretary Sean Duffy has announced plans for the United States to put a nuclear reactor on the moon. According to this piece, this initiative – part of “US ambitions to build a permanent base for humans to live on the lunar surface” – will be fast-tracked through NASA with a goal of being completed by 2030. The BBC astutely observes “questions remain about how realistic the goal and timeframe are, given recent and steep [NASA] budget cuts.” The announcement of this literally outlandish potential boondoggle is driven by an announcement in May by Russia and China that they plan to build an automated nuclear power station on the Moon by 2035. That's right, a second space race is underway, and to paraphrase the 18th Brumaire of Louis Bonaparte, the second time is always a farce.This has been Francesco DeSantis, with In Case You Haven't Heard. Get full access to Ralph Nader Radio Hour at www.ralphnaderradiohour.com/subscribe
Jonah Goldberg grabs the host's chair and steers Megan McArdle, Chris Stirewalt, and Kevin Williamson through a lively discussion into the political turbulence in Texas. The Agenda:—How upset should we be about redistricting in Texas?—Collin Allred versus Ken Paxton—Megan McArdle is mad about the BLS firing—Nielsen ratings are fake, but they are reliably fake—'It's a race to the bottom and everyone loses.'—The impact of postmodernism on politics—NWYT: Rule followers are suckers Learn more about your ad choices. Visit megaphone.fm/adchoices
On episode 203 of The Compound and Friends, Michael Batnick and Downtown Josh Brown are joined by Sam Ro and Luke Kawa to discuss: AI dominating the economy, crypto and PE in 401(k)s, consumer spending, the BLS, and much more! This episode is sponsored by Betterment Advisor Solutions and Vanguard. Grow your RIA, your way by visiting: https://Betterment.com/advisors Learn more about Vanguard at: https://vgi.vg/3GbOsYM. Sign up for The Compound Newsletter and never miss out: thecompoundnews.com/subscribe Instagram: instagram.com/thecompoundnews Twitter: twitter.com/thecompoundnews LinkedIn: linkedin.com/company/the-compound-media/ TikTok: tiktok.com/@thecompoundnews Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Josh Brown are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management. The Compound Media, Incorporated, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information. Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here: https://ritholtzwealth.com/podcast-youtube-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Ravi Gupta, solo hosting this week with Jason out, breaks down the escalating redistricting battles as Democrats push back against GOP-drawn maps in states like Texas and New York. He analyzes viral moments from Rep. James Talarico and Governor Hochul's appearance on Maddow, as well as the media frenzy over Trump and Governor Abbott's responses to the gerrymandering controversy. Gupta also dives into the deepening Trump information bubble, including Trump's firing of the BLS commissioner after a strong jobs report, his CNBC interview clashes, and even pushback from allies like Kevin O'Leary. Plus, new revelations in the Epstein case emerge as Ghislaine Maxwell is moved to a low-security prison and MAGA media starts to shift its tone—with reporting that top Trump officials met privately to strategize their response. Ravi also unpacks RFK Jr.'s stunning decision to cancel hundreds of millions in mRNA vaccine research, sparking backlash from public health experts. Finally, he covers the right-wing media's obsession with the Sydney Sweeney controversy—and how it distracts from real scandals. This and more on the podcast that helps you, the majority of Americans who believe in progress, convince your conservative friends and family to join us—this is Majority 54! Shopify: Sign up for your one-dollar-per-month trial and start selling today at https://SHOPIFY.com/majority Majority 54 is a MeidasTouch Network production. Theme music provided by Kemet Coleman. Special thanks to Diana Kander. Majority 54 on Twitter: https://twitter.com/majority54 Jason on Twitter: https://twitter.com/JasonKander Jason on Instagram: https://www.instagram.com/jasonkander/ Ravi on Twitter: https://twitter.com/RaviMGupta Ravi on Instagram: https://www.instagram.com/ravimgupta Ravi on Youtube: https://www.youtube.com/@LostDebate Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af MissTrial: https://meidasnews.com/tag/miss-trial The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast The Influence Continuum: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan Mea Culpa with Michael Cohen: https://www.meidastouch.com/tag/mea-culpa-with-michael-cohen The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show Burn the Boats: https://www.meidastouch.com/tag/burn-the-boats Majority 54: https://www.meidastouch.com/tag/majority-54 Political Beatdown: https://www.meidastouch.com/tag/political-beatdown On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Coalition of the Sane: https://meidasnews.com/tag/coalition-of-the-sane Learn more about your ad choices. Visit megaphone.fm/adchoices
Linda McMahon pranked with circus music. South Park ridicules the Trump regime again. Ghislaine Maxwell says Donald Trump didn't do anything “concerning”. Epstein denied he was banned from Mar-a-lago. Kevin Hassett keeps flip-flopping on BLS data. The FBI is fully politicized. Donald wants to do another census because he's terrified. RFK Jr. canceled $500 million in funding for 22 mRNA vaccine projects. RFK Jr. loves being suckled by lampreys. UMass poll shows Donald deep underwater. With Jody Hamilton, David Ferguson, music by Natalie Cortez Band, Marina Rocks, and more!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Understand how new tariffs may hit your wallet and whether premium credit card fees are still worth it. What do new U.S. tariffs mean for prices on everyday goods and cars? What should you consider when choosing a premium travel credit card? Hosts Sean Pyles and Elizabeth Ayoola discuss the latest economic indicators and the changing landscape of credit card perks to help you understand how today's macroeconomics and personal finance decisions intersect. Joined by news Nerds Anna Helhoski and Rick VanderKnyff, the team unpacks key insights from recent federal data drops. They begin with a discussion of the latest tariffs and economic reports, with tips and tricks on understanding how import duties impact consumer prices, why inflation could be on the rise again, and how job growth revisions may affect consumer sentiment. Then, credit card Nerd Melissa Lambarena joins Sean and Elizabeth to discuss whether high-fee premium cards still deliver value. They cover how reward structures are changing, when it makes sense to downgrade instead of cancel, and how opening or closing a card affects your credit score. Take the Smart Money Podcast Listener Survey 2025 and enter to win a prize! https://nerdwallet.com/podsurvey Card benefits, terms and fees can change. For the most up-to-date information about cards mentioned in this episode, read our reviews: Chase Sapphire Reserve Makes Big Changes: Higher Fee, New Rates, More Perks https://www.nerdwallet.com/article/credit-cards/chase-sapphire-reserve-overhaul-june-2025 Chase Sapphire Preferred Review: Strong Option for Travel Rewards https://www.nerdwallet.com/reviews/credit-cards/chase-sapphire-preferred Chase Freedom Unlimited Review: A Potential One-Card Solution https://www.nerdwallet.com/reviews/credit-cards/chase-freedom-unlimited American Express Platinum Review: Top-Notch Lounge Access, Big Credits https://www.nerdwallet.com/reviews/credit-cards/american-express-platinum 5 Things to Know About the Bank of America Premium Rewards Elite Credit Card https://www.nerdwallet.com/article/credit-cards/5-things-to-know-about-the-bank-of-america-premium-rewards-elite-credit-card Want us to review your budget? Fill out this form — completely anonymously if you want — and we might feature your budget in a future segment! https://docs.google.com/forms/d/e/1FAIpQLScK53yAufsc4v5UpghhVfxtk2MoyooHzlSIRBnRxUPl3hKBig/viewform?usp=header In their conversation, the Nerds discuss: tariffs 2025, credit card downgrade effects, new credit card impact on credit score, consumer inflation trends 2025, unemployment report July 2025, core PCE inflation rate, job growth revisions BLS, credit card rewards explained, travel credit card comparison, high annual fee credit cards, credit card utilization ratio, closing credit card and credit score, 2025 economic outlook, de minimis exemption 2025, trade war impact on consumers, credit card strategy during inflation, interest rates and consumer debt, credit card perks vs cost, credit card churn risks, emergency fund importance 2025, how tariffs raise consumer prices, July 2025 consumer sentiment, credit card reward program changes, and economic uncertainty and spending. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com. Like what you hear? Please leave us a review and tell a friend. Learn more about your ad choices. Visit megaphone.fm/adchoices
Headlines for August 06, 2025; Trump’s War on the Truth: Robert Reich on Firing of BLS Head & Push to Replace Fed Chair; “Coming Up Short”: Robert Reich on His Memoir, Rising U.S. Inequality & Fighting Against Bullies; 80 Years After Hiroshima & Nagasaki, U.S. Keeps Covering Up Horrors of Atomic Bombing: Greg Mitchell
Sign up for your one-dollar-per-month Shopify trial and start selling today at shopify.com/tyt State Department spokesperson won't condemn Israeli settlers who murdered U.S. citizens. Texas Republicans move to redraw districts in a new redistricting power grab. Trump clashes with CNBC's Joe Kernen over the firing of the BLS commissioner and continues spreading lies about the 2020 election. Hosts: Ana Kasparian, Cenk Uygur SUBSCRIBE on YOUTUBE ☞ https://www.youtube.com/@TheYoungTurks FOLLOW US ON: FACEBOOK ☞ https://www.facebook.com/theyoungturks TWITTER ☞ https://twitter.com/TheYoungTurks INSTAGRAM ☞ https://www.instagram.com/theyoungturks TIKTOK ☞ https://www.tiktok.com/@theyoungturks
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Headlines for August 06, 2025; Trump’s War on the Truth: Robert Reich on Firing of BLS Head & Push to Replace Fed Chair; “Coming Up Short”: Robert Reich on His Memoir, Rising U.S. Inequality & Fighting Against Bullies; 80 Years After Hiroshima & Nagasaki, U.S. Keeps Covering Up Horrors of Atomic Bombing: Greg Mitchell
The fallout from President Donald Trump's decision last week to fire the head of the Bureau of Labor Statistics over what he called a ‘rigged' jobs report continued Monday, as White House officials rushed to defend his actions. Amid growing bipartisan outcry, National Economic Council Director Kevin Hassett put the blame on a familiar culprit in the Trump Cinematic Universe: The Deep State. He told CNBC, “All over the U.S. government, there have been people who have been resisting Trump everywhere they can.” Trump is expected to announce his new pick to run the BLS this week, but already he's made that person's job – and the bureau's job – harder by making Americans even less likely to trust their data. Heidi Shierholz, who served as the chief economist at the Department of Labor under President Barack Obama and now runs the nonpartisan labor think tank the Economic Policy Institute, joins us to talk about the BLS, the important data it compiles, and what the hell a revision is.And in headlines: Texas Republican Gov. Greg Abbott escalated the redistricting fight with state Democrats, Republican Rep. Nancy Mace announced her campaign for South Carolina governor, and the Trump administration has reportedly backtracked on the president's campaign promise to make health insurers cover IVF.Show notes:Call Congress – 202-224-3121Subscribe to the What A Day Newsletter – https://tinyurl.com/3kk4nyz8What A Day – YouTube – https://www.youtube.com/@whatadaypodcastFollow us on Instagram – https://www.instagram.com/crookedmedia/For a transcript of this episode, please visit crooked.com/whataday
Trump fires head of the Bureau of Labor Statistics over poor jobs report, a new tactic weaponizes state systems to crush opponents' credit, and a new spotlight shines on self-taught artist Bill Traylor. NewsWATCH: ‘I think their numbers were wrong,' Trump says after firing BLS head over jobs reportHow people are weaponing state systems: ‘We file liens that crush their credit'The Utterly Original Bill Traylor Follow @PodSaveThePeople on Instagram.
Since his return to office, President Trump has waged something of a pressure campaign on economic data and the people in charge of delivering it. His firing of the Bureau of Labor Statistics commissioner following a weak jobs report now has some wondering: can we still trust the official numbers? Today on the show, we're resharing our conversation with former BLS commissioner, Erica Groshen on her current fears for the integrity of government data. The original version of this story aired March 7, 2025. Related: What really goes on at the Bureau of Labor Statistics? (Update) (Apple / Spotify) Would you trust an economist with your economy? (Apple / Spotify) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter. Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy
Nebraska Republican faces rowdy town hall with questions about Epstein files and fired BLS chief
Donald moved convicted sex trafficker Ghislaine Maxwell to a minimum security prison in Texas. There's a tape of Todd Blanche's meetings with Maxwell. Allison Gill is suing the DOJ to release the training video. House Oversight Committee issued a bunch of Epstein-related subpoenas. Everyone agrees about releasing the Epstein Files. Donald fires the commissioner of BLS after dismal jobs report. CNBC's Joe Kernan takes on Donald's lies. Hassett says revisions are evidence of rigged numbers, then contradicts himself a day later. Mark Zandi says we're on the precipice of recession. Retribution: the case against Barack Obama goes to a grand jury. With Jody Hamilton, David Ferguson, music by Lucid Soule, Antiquity, and more!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
On Friday, we reported on the latest jobs numbers from the Bureau of Labor Statistics, which showed weaker than expected growth. On Friday afternoon, President Trump fired the person in charge of those numbers. The monthly jobs report is a critical tool for the economy, used by businesses to make decisions and the Federal Reserve to set rates. So how exactly are those figures collected? Today, we're re-airing our behind-the-scenes look at how the BLS puts together the jobs report ... one call at a time. This show originally aired June 6, 2022. Related: Can we trust the monthly jobs report? Would you trust an economist with your economy? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez and Corey Bridges. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter. Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy
BLS chief fired, the tables are turned, ICE attackers charged, and Democrats threatened with arrest. Plus, Bill's Message of the Day, why marijuana use is not good for America. Learn more about your ad choices. Visit megaphone.fm/adchoices
As President Donald Trump puts political pressure on the Bureau of Labor Statistics, experts worry BLS data will become less trustworthy. Economists following China say they know the feeling. In this episode, what we can learn from them. Plus, we peek behind the scenes of a municipal bond sale, speak with some economists who aren't too surprised by the revised jobs numbers, and break down what it means that Trump can nominate a new Fed governor.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.
Watch The X22 Report On Video No videos found (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt> Over the many years the [DS]/[CB] have pushed the people into giving up marriage and giving up on owning property, from the 50 to now homeownership has dropped to 12%. The BLS numbers were rigged for the D's and the [CB]. The parallel economy has now grown enough where Trump is going to return the wealth that was stolen. This is just he beginning. The D's/[DS] are in a panic, phase one of the hunt for the treason's criminals is now in full swing. The fake news is trying to cover the Russian Hoax but the people are not believing it. Trump knows he needs to get control over the rest of the gov and he needs to win the midterms. The hunt is on and the next phase is about to begin. It's not just one crime it's multiple treasonous crimes. Buckle up. Economy https://twitter.com/EndWokeness/status/1952088002324295853 (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:18510697282300316,size:[0, 0],id:"ld-8599-9832"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); https://twitter.com/KobeissiLetter/status/1952342752215101475 Padilla: Trump Is ‘Weaponizing' Bureau of Labor Statistics Sen. Alex Padilla (D-CA) said President Donald Trump's decision to fire Erika McEntarfer, the commissioner of labor statistics, was an attempt to weaponize the agency. Source: breitbart.com Trump Re-Rages At "RIGGED" Jobs Report Something is certainly 'off' with the measurements if there have been 25 significant downward revisions in the last 31 months... and every month since Trump was inaugurated... Source: zerohedge.com BLS had big problems with data manipulation, 2024 internal report shows Now writer Don Surber has discovered a doozy of a BLS internal report from 2024, reported by Bloomberg News, that the agency has been mismanaging data up the wazoo. According to Bloomberg: The US Bureau of Labor Statistics is “not sufficiently focused” on how it disseminates key economic data and a revamp of the agency's culture is required, according to a report commissioned after a series of botched releases. The Labor Department, which oversees the BLS, ordered the independent review to examine “procedures and practices for the equitable and timely provision of data to the public.” The findings of the 60-day external review were published Tuesday and included a number of recommendations to improve processes and communications. “We have already begun the work of turning the team's recommendations into a roadmap to recommit our agency to data security and equitable access to data,” BLS Commissioner Erika McEntarfer said on a call Tuesday. Well, she didn't. This corresponds pretty well to the problems President Trump cited on the day he gave her the boot: Note that he didn't object to the data itself, as Summers and his buddies claimed; he objected to the constant revisions of the data, big, unprecedented revisions, released at politically sensitive times, always good for the Democrats and always bad for the Republicans, pretty well nullifying the purpose of collecting data at all. She also said she'd have the problems under control -- and she didn't, so out she went. The Bloomberg report is more disturbing than just major revisions of data that Trump cited. Deep in the Bloomberg story, there are doings like this: The report was commissioned after several incidents arou...