Trump Fires Data Chief, Gets Chance to Tilt Fed
By Molly SmithThe president got some bad economic news Friday and responded by ousting the messenger.
August 01, 2025
Trump Moves to Fire Labor Statistics Head After Weak Jobs Data"I have directed my Team to fire this Biden Political Appointee, IMMEDIATELY," Trump said on social media Friday.
August 01, 2025
Genworth Gets More Approvals for Long-Term Care Market ReturnThe company's new LTC provider network matched about 1,400 families with providers in the first half of 2025.
August 01, 2025
Treasurys Soar as Slower Job Growth Boosts Fed Rate-Cut BetsTraders fully priced in two rate cuts this year, with an 80% chance of a reduction at the next meeting in September.
August 01, 2025
Prudential CEO Weighs In on Its RILA Sales SlumpAndrew Sullivan also discussed the $7 trillion in U.S. retirement savings that he thinks should be more productive.
August 01, 2025
New Tax Law Eases Reporting Rules for Gig Work, Payment AppsThe One Big Beautiful Bill made a change that could greatly reduce 1099 reporting burdens for some clients.
August 01, 2025
LPL Says It's on Target for 90% Retention as It Closes Commonwealth DealAbout 80 advisors have moved from Commonwealth to other firms since April, according to data compiled by AdvizorPro.
August 01, 2025
Mercer Nabs $1.2B Raymond James Team in FloridaThe acquisition in Naples marks Mercer Advisors’ third billion-dollar deal in three months.