The US Bureau of Labor Statistics (BLS) has become a contentious issue on Wall Street after President Donald Trump accused the agency of “rigging” its July labor report and firing its chief, Erika McEntarfer. Investors like Philip Petursson, who relies on the BLS data for his investing recommendations at IG Wealth Management, are now opting to use alternative sources instead.
Source: https://www.bloomberg.com/news/articles/2025-08-23/wall-street-leaning-harder-on-private-data-after-trump-bls-spat