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US payrolls revisions jolt markets, making Fed look behind the curve

Bull Bear Daily August 1, 2025

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US states sue over Trump’s targeting of providers of transgender youth medical care
(Reuters) -A coalition of Democratic-led states filed a lawsuit on Friday seeking to block policies the U.S. Department of Justice adopted under President Donald Trump to crack down on providers of medical gender-affirming care for transgender youth.Sixteen states, along with the District of Columbia, in a la …. Read More >>

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US payrolls revisions jolt markets, making Fed look behind the curve
NEW YORK (Reuters) -News of a surprise weakening in the U.S. labor market last month jolted investors on Friday, as hefty revisions to past months raised fears the Federal Reserve may have been flying blind in recent months and may need to play catch-up with interest rate cuts.Nonfarm payrolls increased by 73 …. Read More >>

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Trump says Fed’s Powell should be put ‘out to pasture’
He made the comments in a Truth Social post, where he ordered the firing of U.S. Bureau of Labor Statistics, Erika L. McEntarfer.”The Economy is BOOMING under ‘TRUMP’ despite a Fed that also plays games, this time with Interest Rates, where they lowered them twice, and substantially, just before the President …. Read More >>

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Ford’s US July sales rise over 9% on SUV, pickup demand
Aggressive discount programs and its “zero, zero, zero” campaign, offering a $0 down payment, zero percent interest for 48 months and zero payments for the first 90 days on most vehicles, helped the company gain some market share. Ford, whose lineup leans heavily on SUVs and pickup trucks, has also continued …. Read More >>

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