Crypto Genius: This Could Crush Bitcoin in 2025

On June 30th, two powerful "Wealth Drivers" ignite what could be a 2025 super bull run-backed by Trump. One investmentThe altcoin market as a whole has already soared 132,721% over the past ten years and could surge again. A $900 stake could turn into $108K over 12 months. This is The Great Gain of 2025.

Inflation data threatened by government hiring freeze as tariffs loom

CHRISTOPHER RUGABER
June 04, 2025

WASHINGTON (AP) -- The Labor Department has cut back on the inflation data it collects because of the Trump administration's government hiring freeze, raising concerns among economists about the quality of the inflation figures just as they are being closely watched for the impact of tariffs.

The department's Bureau of Labor Statistics, which produces the monthly consumer price index, the most closely watched inflation measure, said Wednesday that it is "reducing sample in areas across the country" and stopped collecting price data entirely in April in Lincoln, Nebraska, and Provo, Utah. It also said it has stopped collecting data this month in Buffalo, New York.

In an email that the BLS sent to economists, viewed by The Associated Press, the agency said that it "temporarily reduced the number of outlets and quotes it attempted to collect due to a staffing shortage" in April. The reduced data collection "will be kept in place until the hiring freeze is lifted."

President Donald Trump froze federal hiring on his first day in office and extended the freeze in April until late July, suggesting future inflation reports will also involve less data collection.

The cutbacks have intensified worries among economists that government spending cuts could degrade the federal government's ability to compile key economic data on employment, prices, and the broader economy. The BLS also said last month that it will no longer collect wholesale prices in about 350 categories for its Producer Price Index, a measure of price changes before they reach the consumer.

The cutbacks are also occurring at a time of heightened uncertainty about the economy and the impact of Trump's sweeping tariffs on hiring, growth and inflation.

"The PPI is cutting hundreds of indexes from production, and the CPI is now being constructed with less data," Omair Sharif, chief economist at the consulting firm Inflation Insights, said in an email. "That alone is worrying given that we're heading into the teeth of the tariff impact on prices."

Earlier this year, the Trump administration disbanded several advisory committees that worked with BLS and other statistical agencies on fine-tuning its data-gathering.

The BLS said that the cutbacks "have minimal impact" on the overall inflation data, but "they may increase the volatility" of the reported prices of specific items.

Alan Detmeister, an economist at UBS, an investment bank, said the cutbacks likely had little impact on April's inflation figures. But "if these types of cuts continue, they will degrade the reliability and efficacy of these statistical agencies," he said.

Continue Reading...

Popular

Women can be drafted into the Danish military as Russian aggression and military investment grows

HOVELTE, Denmark (AP) — Peering across a dense stretch of woodland outside of Denmark's capital with camouflage paint smeared across her face, 20-year-old Katrine scans the horizon for approaching threats.

The Latest: Death toll grows as Israel and Iran trade attacks for third day

The death toll is growing as exchanged missile attacks for a third consecutive day on Sunday, and Israel is warning that worse is to come.

If You Missed Tesla, Here's Your "Second Chance"... - Ad

If you missed your shot at turning $1,000 into more than $18,000 when I recommended Tesla, you'll want to pay close attention. I'm 100% convinced Elon's "Agenda X" could make early investors rich. But you need to hurry, because Elon and Visa are moments away from launching.

Walz: Minnesota Lawmaker and Spouse Killed In 'Politically Motivated Assassination'

Minnesota Gov. Tim Walz (D) said Saturday morning that a Democratic state legislator and her husband were killed, and another lawmaker and his wife injured, in separate "targeted shootings" at their homes.

Cathie Wood's Ark Invest Loads Up On Archer Aviation, Nextdoor Holdings

On Friday, Cathie Wood-led Ark Invest made substantial trades in ACHR, KTOS, and KIND. Total value of the trades is over $35 million.

A 64% Dividend From Gold? - Ad

Gold is soaring. But here's what no one's talking about: a way to earn a 64% dividend-paid in real cash every 30 days. No trading. No risky mining stocks. Just one simple move in your brokerage account... and you could start collecting monthly income almost instantly.

Federal judge blocks Trump's firing of Consumer Product Safety Commission members

BALTIMORE (AP) — A federal judge has blocked the terminations of three Democratic members of the Consumer Product Safety Commission after they were fired by President Donald Trump in his effort to assert over independent federal agencies.

How High Will Gold Surge? - Ad

Gold is on fire - hitting $3,500 and outpacing stocks, tech, even Bitcoin. Analyst Sean Brodrick called it, and now he's forecasting a surge to $6,900. But the biggest opportunity isn't bullion. It's a little-known investment that's returned up to 1,000x more than physical gold.

First direct flight from US to Greenland since 2008 lands on Trump's birthday

NUUK, Greenland (AP) — The first direct flight from the U.S. to Greenland by an American airline landed in the capital city of Nuuk on Saturday.

The Stock Ticker Notable Investors Are Holding - Ad

They may not be trading on public markets, but Pacaso just reserved the ticker PCSO. Co-founded by the man who took Zillow from seed to IPO, Pacaso brings co-ownership to a $1.3T market. They've earned $110M+ in gross profits already. Well-known firms like Maveron even invested.

Bernie Sanders Shares First Thing He Would Do As President — And It Could Be A Jab At Elon Musk

Bernie Sanders lost the 2016 and 2020 presidential races. In a recent interview, Sanders shared what he would do first if he were president.

Embed-Chart-Mideast Wars-Oil Prices, ADVISORY

MIDEAST WARS-OIL PRICES — Chart. This AP digital embed chart tracks the price of Brent crude oil futures before and after the Israeli strike on Iranian sites early Friday local time. Oil prices spiked after the attack on Iran, a major oil producer. This chart is current as of June 13, 2025, and will not update. Source: FactSet.

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as July 23rd.

Rocket Lab Stock Is On Investor Radars: What's Going On?

Rocket Lab Corp (NASDAQ:RKLB) shares are up about 7% over the past month. Here's a look at why the stock has captured investor's attention recently.

Maverick Trader Reveals 97% Accurate System - Ad

This man's simple strategy makes money in any market...With a 97% accuracy at hitting winners over the past 8 years!

FDA requires updated warning about rare heart risk with COVID shots

WASHINGTON (AP) — said Wednesday it has expanded existing warnings on the two leading COVID-19 vaccines about a rare heart side effect mainly seen in young men.

Before crash, Air India spent years attempting a turnaround after emerging from government control

The carrying more than 240 people on Thursday arrives after years of attempts to — which had been plagued by tragedy and financial losses under .

How to Hack a $1.3T Market - Ad

Forget concrete. The new foundation for real estate success is digital, and Pacaso leads the way. Their tech unlocks a $1.3T real estate market. They've already earned $110M+ in gross profits in their operating history and reserved the Nasdaq ticker PCSO.

Rocket Lab's Next Launch In 4 Days — Is RKLB Ready For Liftoff?

Rocket Lab has a liftoff scheduled in four days, and investors are watching closely to see if the stock is ready to follow suit.

Los Angeles mayor lifts downtown curfew she imposed during protests against immigration raids

LOS ANGELES (AP) — Downtown Los Angeles businesses hoped customers would return quickly on Tuesday after Mayor Karen Bass lifted last week to prevent vandalism and break-ins during nighttime protests against President Donald Trump’s immigration crackdown.

White House Leak: Trump's Secret Bitcoin Plan. - Ad

Leak from a closed-door White House meeting reveals the Trump team may buy up to 1 million Bitcoins-as soon as tomorrow . A special briefing reveals the #1 coin to buy now (not Bitcoin or Ethereum).

Israeli Strikes Kill 9 Iranian Scientists, Continuing Mossad's Decade-Long Targeting of Nuclear Program

Nine of Iran's leading nuclear scientists have been killed in a pre-emptive Israeli airstrike. This incident adds to the series of successful operations by Israel aimed at Iran's nuclear experts.

Crypto Genius: These 5 Altcoins Could Crush Bitcoin in 2025 - Ad

On June 30th, two powerful "Wealth Drivers" ignite what could be a 2025 super bull run-backed by Trump. One investmentThe altcoin market as a whole has already soared 132,721% over the past ten years and could surge again. A $900 stake could turn into $108K over 12 months. This is The Great Gain of 2025.

Apple Hardware Executive Says iPhone Maker Plans To Use AI For Speeding Up Custom Chip Design: 'High Potential In Getting More Design Work In Less Time'

Apple's top hardware executive Johny Srouji said the company plans to use generative AI to accelerate custom chip design, calling it a major productivity boost and highlighting Apple's bold, no-backup transition to Apple Silicon.

Crypto Genius: This Could Crush Bitcoin in 2025 - Ad

On June 30th, two powerful "Wealth Drivers" ignite what could be a 2025 super bull run-backed by Trump. One investmentThe altcoin market as a whole has already soared 132,721% over the past ten years and could surge again. A $900 stake could turn into $108K over 12 months. This is The Great Gain of 2025.

London-bound Air India flight with more than 240 aboard crashes after takeoff from Ahmedabad, India

AHMEDABAD, India (AP) — Ahmedabad’s city police commissioner says there don’t appear to have been any survivors from an Air India airliner that crashed, and that there are likely also casualties from the area of the city where it went down.

If You Missed Tesla, Here's Your "Second Chance"... - Ad

If you missed your shot at turning $1,000 into more than $18,000 when I recommended Tesla, you'll want to pay close attention. I'm 100% convinced Elon's "Agenda X" could make early investors rich. But you need to hurry, because Elon and Visa are moments away from launching.

Shopify Teams Up With Coinbase, Stripe To Roll Out USDC Stablecoin Payments For Merchants

Tobi Lütke, CEO of Shopify Inc. (NASDAQ:SHOP), said Thursday that the firm has partnered with Coinbase Global Inc. (NASDAQ:COIN) to integrate USD Coin (CRYPTO:

Oracle's AI Ambitions Take Flight After Record Cloud Growth: What Do Analysts Really Think?

Oracle (ORCL) stock gains on Q4 results, upbeat outlook. Revenue up 11% & EPS beats estimates. Analysts raise target prices, predict multi-year growth.

A 64% Dividend From Gold? - Ad

Gold is soaring. But here's what no one's talking about: a way to earn a 64% dividend-paid in real cash every 30 days. No trading. No risky mining stocks. Just one simple move in your brokerage account... and you could start collecting monthly income almost instantly.

Surging travel in Europe spikes concerns over tourism's drawbacks

MADRID (AP) — Suitcases rattle against cobblestones. Selfie-snappers jostle for the same shot. Ice cream shops are everywhere. Europe has been called the world’s museum, but its record numbers of visitors have also made it ground zero for concerns about overtourism.

CoreWeave Stock Is Rising After Hours: What's Driving The Action?

CoreWeave Inc (NASDAQ:CRWV) shares are climbing in extended trading Wednesday following a report that the company is set to benefit from Alphabet's deal with OpenAI.

How High Will Gold Surge? - Ad

Gold is on fire - hitting $3,500 and outpacing stocks, tech, even Bitcoin. Analyst Sean Brodrick called it, and now he's forecasting a surge to $6,900. But the biggest opportunity isn't bullion. It's a little-known investment that's returned up to 1,000x more than physical gold.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service