Current Italian Prime Minister Enrico Letta survived a confidence vote by a wide margin on Wednesday. Stocks are up in the European nation because the government still stands after former Prime Minister Silvio Berlusconi attempted to bring it down. He backed off after he couldn't rally the votes.
Marketplace's European bureau chief Stephen Beard joins Marketplace Morning Report host Mark Garrison to discuss. Click the audio player above to hear more.
The data in the ADP National Employment Report are likely to be the only clues this week about how strong the labor market was last month. The partial government shutdown means the Labor Department is unlikely to release its figures.
The shutdown and debt-ceiling fights appear to be merging... the hardline conservatives driving the House GOP leadership believe they are winning... It's Colorado Springs, not the Washington, DC area, with the largest percentage of its workforce receiving federal paychecks.
The impasse continues. Meanwhile, parts of the federal government remain closed. Among the latest developments: President Obama has invited leaders of both parties to a Wednesday evening meeting at the White House.