US employers likely added a modest 80,000 jobs last month, a sign that the labor market has cooled

Employers likely added around 80,000 new positions last month, signaling a slowdown in the labor market. The report follows a previously disappointing release that led President Donald Trump to dismiss the chief economist in charge and nominate a loyalist to fill the role.

US employers likely added a modest 80,000 jobs last month, a sign that the labor market has cooled

Trump is pressuring yet another top Fed official to resign

President Donald Trump has called for the resignation of a top Federal Reserve official amid allegations of mortgage fraud. The accusations came to light in a letter sent to the Justice Department by Bill Pulte, the Director of the Federal Housing Finance Agency, urging an investigation into the matter.

Trump is pressuring yet another top Fed official to resign