FROM Gus Faucher
Economic Trouble in an Election Year For the first time since the markets reopened after September 11, the Federal Reserve today stunned Wall Street by making an emergency cut in interest rates. In 2001, it was a half a percentage point; today it was three-quarters, a week earlier than expected, and bigger than any such cut since 1982. The Dow plunged anyway, then went back up in supposedly hard-hit sectors, including home-repair and high finance. Overall, the markets were down. Is a recession around the corner or already here? The White House and Congress are working up a " fiscal stimulus package ." Will it make things better or worse? What's the role of election year politics?
100 days of executive action: Accomplishment or posturing? President Trump's first 100 days have featured a flood of high-profile executive orders. Which ones do what he says they do, and which ones don't? How are Trump voters feeling now?
Mixed Messages from US diplomats on the new hard line on Syria Since President Trump's surprise retaliation against Syria's use of chemical weapons, Bashar al-Assad has used the same airport to launch conventional attacks on his own people. It's not clear what the US, its allies — or Vladimir Putin's Russia -- plan to do now.
Does 'hire American' mean fire a foreigner? US companies are allowed to hire employees from other countries with highly developed skills that can't be found here. President Trump says it's being abused as a way to find cheap foreign labor. We hear about the benefits—and the risks—of changing the H-1B program.