Latest News on the Stimulus
- The Economic Stimulus Act of 2008 is the “stimulus package” approved by George W. Bush
- The American Recovery and Reinvestment Act of 2009 is the responsiblity of Barack Obama. Cost: $787 billion
- In 2008, China and the European also came out with stimulus plans.
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Asian stocks dip as markets weigh Fed fears, China stimulus hopes
Investing.com -- Most Asian stocks retreated on Thursday amid continued concerns over rising interest rates and slowing global economic growth, although optimism over more Chinese stimulus measures ...
Posted: June 7, 2023, 10:36 pm
Stimulus check update: Direct payment worth up to $1,000 to be sent in nine days
There are only nine days left before eligible New Mexico taxpayers start receiving a tax rebate worth up to $1,000 this month.
Posted: June 7, 2023, 12:17 pm
Stimulus check update: Direct payment worth $500 to be sent to Minneapolis residents in 13 days
A guaranteed income program in Minneapolis processes its next payment to recipients today.
Posted: June 7, 2023, 11:58 am
N.J. will keep $81M in COVID stimulus money that debt ceiling deal put in jeopardy
New Jersey was spared losing $81 million in COVID-19 funding that would have been returned to the federal government, that will now be used to fund several NJ Transit bus programs under negotiations ...
Posted: June 7, 2023, 4:39 am
China's state media urge patience as market clamours for property stimulus
China's support measures for its beleaguered property market will need "some time" to make an impact, a state-run newspaper cautioned on Wednesday, as investors laid bets on near-term stimulus to ...
Posted: June 7, 2023, 2:33 am
Marketmind: China disappoints again, fanning speculation on stimulus
A look at the day ahead in European and global markets from Sonali Desai China's keenly awaited trade data for May did little to stir markets increasingly inured to weakening momentum in the world's ...
Posted: June 6, 2023, 9:54 pm
China's stimulus could focus on its 'dire' property sector. Here's what economists expect
Weak economic data out of China despite an expected rebound has prompted talk that Beijing will have to boost fiscal stimulus — and some economists say the property sector could be in focus. Prices in ...
Posted: June 6, 2023, 8:18 pm
BOE Stimulus Program Blamed for Lifting Inflation and Inequality
The UK government’s social mobility adviser along with a former Conservative minister added their voices to criticism of the Bank of England pandemic stimulus program, saying it widened the gap ...
Posted: June 6, 2023, 8:51 am
China’s Targeted Stimulus Steps Raise Doubts About Rate Cuts
China is taking targeted steps to help specific sectors of the economy, like property and manufacturing, suggesting broader stimulus measures like interest rate cuts could be off the table for now.Mos ...
Posted: June 5, 2023, 3:13 am
Schools Received Billions in Stimulus Funds. It May Not Be Doing Enough.
National data on how the money has been spent is scarce. The federal government does limited tracking of the relief funds, which were sent directly to states. Many states, which dole out the money to ...
Posted: June 5, 2023, 1:59 am
Stimulus Update: Final Checks Are Going Out Soon — Will There Ever Be More? 7 Experts Weigh In
What could be the last round of state-issued stimulus payments have been sent out, with New Jersey, New Mexico, Pennsylvania, South Carolina and Virginia all participating to varying degrees.
Posted: June 4, 2023, 7:31 am
