Trump, Vance and Bessent try to calm the bond market with ‘alternative facts’
Maybe this stuff works on TV or on the stump. But it doesn’t work on Wall Street, where people can count.
Last updated: 2026-08-22 17:16:33 ET
Maybe this stuff works on TV or on the stump. But it doesn’t work on Wall Street, where people can count.
An alternative measure of unemployment that accounts for wages suggests the U.S. labor market is weaker than it looks.
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