Trump Jobs Data Chief Criticizes Successor’s Firing in Surprise Labor Shakeup

Trump jobs data chief criticizes successor’s firing, calling it a “dangerous precedent” and a blow to the perceived neutrality of the U.S. labor statistics system. In a rare public statement, William Beach, who led the Bureau of Labor Statistics (BLS) under former President Donald Trump, condemned the dismissal of his successor, Katherine Greene, by the […]

OPEC+ to Boost Oil Production by 547,000 Barrels per Day Starting September

OPEC+ to boost oil production by 547,000 barrels per day, the group announced on Friday, marking a pivotal shift in global energy policy as demand continues to climb. The increase is scheduled to take effect in September 2025, and includes additional output from key producers like Saudi Arabia, the UAE, and Russia. This decision follows […]

BOE to Cut Rates Despite Inflation Spike, Markets Brace for Policy Shift

BOE to cut rates despite inflation spike—a move that would have seemed unlikely just months ago. But now, the Bank of England appears poised to reduce interest rates in its next meeting, even after the latest data showed a surprising rise in consumer prices. This unexpected divergence between inflation and monetary easing signals that the […]