The preliminary Benchmark revised data from the US Department of Labor shows that the non-farm employment may decrease by 818,000 in the 12 months ending in March. The new data could impact how Fed Chair Powell will handle the upcoming Fed meeting in September, with widespread expectations for the first rate cut at the meeting.

However, as Wall Street prepares for a major revision of non-farm data, Trump accuses the previous monthly data of being "fraudulent." Trump warned that the current economic situation will be much worse than reported, and predicted serious consequences if Harris is elected in November.

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