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President Donald Trump on Friday lashed out at the Bureau of Labor Statistics (BLS) and said he will fire its labor statistics chief after the U.S. economy added fewer jobs than expected in July and large downward revisions were made in the prior two months, which suggests the economy and labor market are weaker than previously believed.The BLS reported on Friday that 74,000 jobs were added in July, well below […]

A less-than-stellar jobs report unveiled Friday has senators up in arms, calling for Federal Reserve Chair Jerome Powell to lower interest rates."He’s got to lower interest rates," Sen. Bernie Moreno, R-Ohio, told Fox Business. "And this, if this doesn't do it for him, I don't know what will."The Labor Department revealed that in July, employers added only 73,000 jobs, a figure well under expectations – likely influenced by increased uncertainty […]

Ford is recalling over 312,000 vehicles due to an issue with its power brake assist, according to the National Highway Traffic Safety Administration (NHTSA). The auto regulator said the Electronic Brake Booster (EBB) module may lose power while someone is driving, which can extend the stopping distance and increase the risk of a crash. If the module malfunctions when the Advanced Driver Assistance Systems features, which are smart safety features in a […]