2024 – 2025 Supreme Court Term In Review
Fox News contributor and the Shapiro Professor of Public Interest Law at George Washington University Jonathan Turley, and constitutional lawyer Tom Dupree share their predictions on the outcome of these cases and discuss SCOTUS's recent verdict on gender-transition surgery for minors.
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Trump nominates conservative economist to head agency that compiles jobs, inflation data
WASHINGTON (AP) — President Donald Trump said Monday that he has nominated E.J. Antoni, chief economist at the conservative Heritage Foundation, to head the agency that compiles and publishes the nation's employment and inflation figures. 'Our Economy is booming, and E.J. will ensure that the Numbers released are HONEST and ACCURATE,' Trump said on social media late Monday. Antoni, if approved by the Senate, would replace Erika McEntarfer, who was appointed commissioner of the Bureau of Labor Statistics by former President Joe Biden. Trump fired McEntarfer Aug. 1 after the July jobs report showed hiring slowed sharply this spring, with job gains in May and June revised much lower than initially estimated. Trump accused McEntarfer, without evidence, of rigging the jobs data for political reasons. The announcement comes one day before the BLS is scheduled to release the latest inflation data, for July. It is forecast to show that consumer prices rose for the third straight month as tariffs are pushing up the cost of many imported goods. ___ Associated Press writer Josh Boak contributed to this report. Christopher Rugaber, The Associated Press Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
7 minutes ago
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Trump selects Heritage Foundation's Antoni to head Bureau of Labor Statistics
WASHINGTON (Reuters) -U.S. President Donald Trump on Monday said he was nominating economist E.J. Antoni as the new Bureau of Labor Statistics commissioner, ten days after firing the statistics agency's previous leader after a weak scorecard of the U.S. job market, accusing her without evidence of manipulating the figures. Antoni is currently the chief economist at the influential U.S. conservative think tank Heritage Foundation. "Our Economy is booming, and E.J. will ensure that the Numbers released are HONEST and ACCURATE," Trump said on Truth Social. Antoni, who must be confirmed by the Senate, takes over an agency that had a staff of 2,300 as of September 2024 and that has come under heightened scrutiny for the eroding quality of the data it produces. Its monthly figures about the state of the U.S. job market and inflation are consumed by a global audience of economists, investors, business leaders, public policymakers and consumers, and their release routinely has a visible and real-time effect on stock, bond and currency markets around the world. Trump added to growing concerns about the reliability of BLS and other federal government economic data when he fired Erika McEntarfer as BLS commissioner on August 1. Her dismissal came hours after the agency reported much weaker-than-expected U.S. job growth for July and issued an historically large revision to its employment figures for May and June, reducing the estimated number of jobs created in the two months by nearly 260,000. In announcing her firing, Trump accused McEntarfer - appointed to the role by former President Joe Biden - of manipulating the employment data for political purposes. There is no evidence of that being true. He promised he would replace her "with someone much more competent and qualified." Antoni, who holds a doctoral degree in economics, was previously an economist at the Texas Public Policy Foundation and has taught courses on labor economics, money and banking, according to the Heritage Foundation. He must now address the difficulties BLS has had with declining survey response rates and with data collection problems in other critical statistical series, such as for inflation. The nonfarm payrolls report provides a monthly snapshot of the U.S. job market, offering scores of figures including how many jobs were created, what the unemployment rate was, how many people joined or left the labor force and what workers earn per hour and how many hours they work in a week. Its headline estimates for job creation are revised twice after their initial release to account for the submission of additional survey responses from employers and updates to the seasonal factors that underly the statistics. They are also subject to an annual benchmark revision process. The monthly Consumer Price Index and Producer Price Index together historically have provided a comprehensive picture of U.S. inflation, including hundreds of data points depicting the changes in cost for everything from eggs to auto insurance, figures relied upon heavily by policymakers like those at the Federal Reserve. CPI is used to set the annual cost-of-living-adjustment for retirees receiving Social Security payments. Earlier this year, though, BLS said a staffing shortage was forcing it to reduce the CPI index collection sample after closing operations in Buffalo, New York; Lincoln, Nebraska; and Provo, Utah. The percentage of prices that are imputed rather than gathered has more than tripled this year to 35%. Starting this month, BLS is ending the calculation and publication of about 350 components of PPI, a key measure of inflation at the wholesale level. BLS, like other government agencies, has faced a hiring freeze imposed by Trump on his return to the White House in January and likely will see a wave of departures at the end of the summer as staff who opted into a deferred resignation program formally leave government employment. A Reuters poll last month of 100 economists and policy experts found the vast majority had at least some concern about the eroding quality of U.S. economic statistics. "I can't help but worry some deadlines are going to be missed and undetected biases or other errors are going to start creeping into some of these reports just because of the reduction in staff," Erica Groshen, who served as BLS commissioner from 2013 to 2017 during President Barack Obama's second term and the first months of Trump's first term, told Reuters as part of the poll. Keith Hall, appointed BLS commissioner by President George W. Bush in 2008, told Reuters in a recent interview the agency has seen little to no budget growth for a decade, even as the costs for data collection have risen. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Fox News
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Israeli government faces criticism over airstrike that killed six Palestinian journalists
Fox News chief foreign correspondent Trey Yingst reports on the Israeli government's response to a targeted strike on Al-Jazeera journalists in Gaza City on 'Special Report.'
