Trump undermines jobs data as White House defends firing of BLS chief

U.S. President Donald Trump walks towards reporters from Marine One at at the Lehigh Valley International Airport on August 03, 2025 in Allentown, Pennsylvania. Anna Moneymaker | Getty Images President Donald Trump and one of his top economic advisors stoked baseless conspiracies about federal jobs data Monday, suggesting without evidence that Friday’s weaker-than-expected jobs report…

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Berkshire shares dip after earnings decline, lack of buybacks disappoint investors

Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. CNBC Berkshire Hathaway shares dipped after Warren Buffett’s conglomerate reported a small decline in operating earnings, while continuing a stock-selling spree and a buyback halt. The Omaha-based giant saw operating earnings including those from its insurance and railroad businesses…

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Trump EU trade tariffs

U.S. President Donald Trump meets with European Commission President Ursula von der Leyen, in Turnberry, Scotland, Britain, July 27, 2025. Evelyn Hockstein | Reuters The European Union announced Monday that it is suspending for six months its planned countermeasures against the United States’ tariffs, which which were set to take effect this week. “On 27…

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