MarketWatch.com
Economics reporter for MarketWatch.com
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Greg Robb
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FROM Greg Robb
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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 .
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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.
To the Point
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 .
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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 .
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To the Point
Venezuela spirals into economic and political chaos Venezuela, a country whose potential for prosperity is unmatched, finds itself on the verge of civil war. What sustains the repressive government? With time running out, guest host León Krauze looks at what the international community can do to pull the country from the edge of collapse.
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Terrorism and tweets, hate speech and murder Just days before an election, Britain is coping with a rash of deadly terrorism, and Prime Minister Theresa May is on the defensive. And again today, President Trump has tweeted criticism of the Mayor of London. Later, a double murder in Portland, Oregon has revealed the ugly past of a supposedly “progressive” city. One immediate question: is “hate speech” protected by the First Amendment?
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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.
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Will the Senate write a healthcare bill in secret? While Democrats and Republicans argue White House relations with Russia, another question is being decided behind closed doors: who gets help buying health insurance and who doesn't? We hear how the pros and cons are being shrouded in secrecy.