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President Trump has dismissed Erika McEntarfer, head of the Bureau of Labor Statistics, following a disappointing July jobs report. Critics say the firing undermines data integrity, while Trump claims the agency misrepresented economic progress.
Polling expert Nate Silver called the move “denialism,” warning it could erode trust in federal economic reporting. Economists stress that labor data is subject to regular revisions and remains a cornerstone of policy planning.
Texas Governor Greg Abbott has threatened to arrest and expel Democratic lawmakers who fled the state to block a GOP-backed redistricting vote. Over 50 Democrats left for Illinois, preventing quorum and halting legislative progress.
Abbott called the move “an abandonment of elected office,” while Democrats argue it’s a necessary stand against gerrymandering. The standoff could spark a legal battle, with national implications for congressional control.
U.S. stocks surged today as Wall Street rebounded from last week’s steep sell-off. The S&P 500, Dow Jones, and Nasdaq all posted gains, led by tech giants like Nvidia and AMD, which rallied amid strong earnings reports.
Investors are cautiously optimistic despite concerns over new tariffs imposed by President Trump. Gold and Bitcoin also rose, while crude oil continued its decline, reflecting mixed sentiment across global markets.A new report released by West Health and Gallup titled Healthcare Crisis Hits New High reveals that nearly 29 million U.S. adults are now unable to afford or access quality healthcare, marking the highest recorded level since 2021. Published on April 2, 2025, the study introduces the term "Cost Desperate" to describe those facing persistent financial barriers to care and medications. The findings highlight disproportionate impacts on Hispanic and Black communities, as well as households earning below $24,000 annually, reigniting calls for urgent systemic reform.
