FROM Greg Robb
Economists Breathe a Sigh of Relief over Jobs Numbers In what passes for good news in these economic times, the nation's labor market showed some signs of improvement last month. Employment grew by 103,000 workers: not great, according to one economist, but "less bad than expected." Greg Robb is senior Washington correspondent for MarketWatch.com .
Paulson Shifts Focus of Bailout Plan When Congress passed the $700 billion bailout, the focus was on buying so-called "troubled assets" linked to sub-prime mortgages. Today, Treasury Secretary Henry Paulson said that's not the best use of the money after all. Instead, he wants to buy stock in banks . Greg Robb writes for Marketwatch.com , part of the Dow Jones News Service.
Central Banks Cut Rates in a Global Show of Force The Federal Reserve announced a cut in interest rates today, with unprecedented coordination with other central banks around the world. Reporter Greg Robb is covering the Federal Reserve for business news website MarketWatch .
Inflation Surges, Adding to Economic Woes On top of concerns about the mortgage market and banking, there's a new reason to worry. Today it's reported that inflation rose last month at the fastest rate since Hurricane Katrina. Federal Reserve Chair Ben Bernanke warned Congress about inflation for the second day in a row. Greg Robb reports for MarketWatch.com .
Trump plays scolder-in-chief with NATO allies At the opening of NATO’s dramatic new headquarters in Brussels today, President Trump acknowledged that Article 5 — promising that “an attack on one nation is an attack on all” -- has only been invoked one time: in the aftermath of September 11. But the President failed to provide what 27 other Alliance members have been waiting for: a re-commitment by America’s new leader to Article 5. Instead, they got a scolding.
Who's to blame for the opioid crisis? Some of the lawyers who took on Big Tobacco are now going after Big Pharma. It’s all about the deadly epidemic of opioid use. Are the drug companies to blame? What about the users? Later, on today’s Talking Point: making sense of Britain’s upset election.
The longest US war: Will Trump send more troops to Afghanistan? The Trump White House is divided over the Pentagon's request for more troops in Afghanistan—where the US has been fighting for the past 16 years. Is there a formula -- either for "victory" or a political settlement? Is there an end in sight for America's longest war?