Last week's big non-Epstein news was Friday's very bad jobs report and Donald Trump's immediate reaction — which was not to rethink his policies but to fire the head of the Bureau of Labor Statistics. What will he do when his tariffs and deportations start showing up in inflation numbers. I don't know how much we'll see in the next release, coming Aug.
I don't know how much we'll see in the next release, coming Aug. But anecdotal evidence suggests that companies, which have been holding back on passing tariff costs on to consumers in the hope that Trump would back down, are getting ready to raise prices.