Greg Robb, Moneyish

Greg Robb


Washington, DC, United States

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  • Financial News

Recent articles by Greg:

Factory orders record sixth straight monthly gain in October

New orders for factory goods rose 1% in October, the sixth straight monthly gain, the Commerce Department said Friday. → Read More

Chris Waller set to step out from Judy Shelton's shadow onto center stage at the Fed

The nomination of Chris Waller, who is the St. Louis Fed's chief economist, to the Fed's board of governors was overshadowed by fellow nominee Judy Shelton.... → Read More

U.S. construction spending rebounds in October after revised drop in prior month

U.S. construction spending rose 1.3% in October after a revised 0.5% drop in the prior month, the Commerce Department said Tuesday. → Read More

U.S. regulators implore banks to stop using key rate tied to some $200 trillion in debt by end of 2021

The three U.S. bank regulators on Monday urged banks to cease writing new contracts referencing U.S. dollar Libor by the end of next year. → Read More

Trump has no events Wednesday, White House says, contradicting reports of trip to Gettysburg

President Trump has no events on his public schedule, White House officials said Wednesday, contradicting reports overnight that the president planned to... → Read More

U.S. consumer spending moderates in October

Consumer spending moderated in October, the government said Wednesday. Consumer spending rose 0.5% after a revised 1.2% gain in September, the government... → Read More

Advanced U.S. trade deficit in goods widens to $80.3 billion in October

The U.S. trade deficit in goods widened to $80.3 billion in October, the Commerce Department said Wednesday. → Read More

Chicago Fed’s national activity index points to stronger growth in October

The Chicago Fed's national activity index rose to 0.83 in October from a revised 0.32 in the prior month. It was the first rise after three straight declines. → Read More

Fed's Evans says he's disappointed by Treasury decision to end emergency loan programs

Chicago Fed President Charles Evans said Friday the decision by the Treasury Department to end some of the joint emergency lending programs was a... → Read More

Powell says need for more fiscal spending is greater than it's been in a long time

Federal Reserve Chairman Jerome Powell on Tuesday made a fresh appeal to Congress to pass another coronavirus relief package to help troubled businesses and... → Read More

Factory activity in New York slows again in November

The New York Fed’s Empire State business conditions index fell 4.2 points to 6.3 in November, the second straight monthly decline, the regional Fed bank said... → Read More

Job-market recovery this year is shockingly better than last recession: Fed’s Bullard

The U.S. labor market recovered much more quickly this year than in the last recession in the wake of the financial crisis, St. Louis Fed President James... → Read More

Fed’s Williams says recent rise in Treasury yields is due to vaccine news, not inflation concerns

Bond yields have moved higher this week as financial markets digested positive news about the development of a vaccine for COVID-19 and not about worries... → Read More

Banks tightened access to credit across the board in third quarter, Fed survey finds

U.S. banks tightened standards across the board during the third quarter, according to the latest Federal Reserve data released Monday. → Read More

Fed stands pat and repeats pledge to use all its tools to support economy

The Federal Reserve on Thursday took no immediate steps to ease its monetary policy but said it was ready to use all its tools to support the economy during... → Read More

Construction spending up slightly in September

Construction spending rose 0.3% in September, the Commerce Department said Monday. This was below expectations. → Read More

U.S. home prices rise at fastest pace in two years

The S&P CoreLogic Case-Shiller 20-city price index posted a 5.2% year-over-year gain in August up from revised 4.1% in the prior month. → Read More

Pelosi says she is waiting for ‘final yes’ from White House on stimulus deal

House Speaker Nancy Pelosi said Sunday she was expecting White House offer on a coronavirus stimulus deal on Monday. → Read More

Fed's Brainard says failure of Congress on another fiscal stimulus bill would lead to 'slower and weaker recovery'

A failure of Congress to provide more fiscal support would lead to a slower and weaker U.S. recovery, said Fed Gov. Lael Brainard on Wednesday. → Read More

U.S. federal budget deficit soars to record $3.1 trillion in 2020

The U.S. government ran a budget deficit of $3.1 trillion in the fiscal year that ended in September in order to pay for the largest fiscal response to an... → Read More