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Trump's border wall costs surged to $46B, far exceeding initial $8B claims, while tariffs on Brazil spark mutual economic concerns. The Economist faces criticism over disputed jobs data.

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National Economic Council director Kevin Hassett: Overhaul of 'unreliable' jobs numbers needed
NegativeU.S News
White House economist Kevin Hassett criticized the current method of calculating monthly jobs data, calling it "unreliable" and out of sync with the actual economy. He proposed an overhaul of the formula to better reflect economic conditions.
Editor’s Note: Jobs numbers are a key indicator of economic health, influencing policy decisions and public confidence. If the data is seen as flawed, it could undermine trust in government reports and complicate efforts to assess the real state of the job market. Hassett's push for changes suggests the administration may be preparing to revise how employment is measured—a move that could spark debate over accuracy and transparency.
How the Trump Administration is Reacting to Economic Warnings
NegativeU.S News
The Trump administration is facing scrutiny over its response to concerning economic signals, including a disappointing jobs report and rising consumer prices linked to the president's tariff policies. NBC's Kristen Welker discusses these developments with Willie Geist on Sunday TODAY, highlighting the potential challenges ahead.
Editor’s Note: With inflation and job growth in the spotlight, this story matters because it could signal trouble for both everyday Americans and the administration's economic policies. If prices keep climbing and hiring slows, voters might feel the pinch—and that could shape the political landscape as we head toward the next election.
Despite Trump, the US economy remains surprisingly resilient. But for how long? | Richard Partington
NeutralU.S News
Despite fears that Donald Trump's trade wars would severely damage the U.S. economy, it has held up better than expected thanks to stockpiling by businesses and consumers. However, experts warn that underlying weaknesses and looming risks suggest this resilience may not last forever.
Editor’s Note: This story matters because it highlights the fragile balance between short-term economic stability and long-term uncertainty under unpredictable policies. While the U.S. has dodged immediate disaster, the lingering threats mean businesses and consumers should stay cautious.
Bank of England forecast to cut interest rates amid rising unemployment and Trump tariffs
NegativeU.S News
The Bank of England is likely to cut interest rates by 0.25% to 4% this week in response to growing economic pressures, including higher unemployment and disruptions from new U.S. tariffs imposed by Donald Trump. This would be the fifth rate cut since last year, signaling concerns about the UK economy slowing down.
Editor’s Note: This story matters because interest rate cuts affect everything from mortgage payments to business loans, and this move suggests the Bank of England is worried about economic stagnation. With rising joblessness and global trade tensions, this decision could signal tougher times ahead for UK households and businesses.
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