Latest News for: Stimulus programs

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Is an $800 million boost from California’s Homekey program helping solve homelessness in the Bay Area?

SiliconValley.com 11 Dec 2023
But a Bay Area News Group review of the pandemic-era program found some sites have struggled with habitability and drug problems amid limited state oversight, and that hundreds of people ended up back on the street after spending time at facilities throughout the five-county region.
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Renewables' growing price advantage over fossil fuels paves way for industry dominance

The Hill 10 Dec 2023
In 2021 — before the passage of the sweeping subsidies for clean energy included in that stimulus — the U.S ... Some battery boosters argue that even this is an undercount — because investment in battery storage industry doesn’t yet fully reflect the 30 percent price break that the Biden stimulus program gives to clean energy projects.
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Doctors on (video) call: Rural medics get long-distance help in treating man gored by bison

Hastings Tribune 10 Dec 2023
Similar programs recently launched in regions of Texas and Minnesota, but South Dakota officials say their partnership with Avel eCare — a Sioux Falls-based telehealth company — appears to be the nation’s only statewide effort ... The program is financed with $2.7 million from state funds and federal pandemic stimulus money.
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Is an $800M boost from the state helping solve homelessness in the Bay Area?

East Bay Times 10 Dec 2023
But a Bay Area News Group review of the pandemic-era program found some sites have struggled with habitability and drug problems amid limited state oversight, and that hundreds of people ended up back on the street after spending time at facilities throughout the five-county region.
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Americans running out of savings JPMorgan

Beijing News 09 Dec 2023
Only the top 1% of US consumers will have more money stocked up by next year than before the Covid-19 pandemic, the bank warns ... The bank's strategists explained at the time that the trend stems from "tighter credit conditions and rising rates, wind-down of Covid-era stimulus and relief programs," as well as multiple years of above average inflation.
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Americans running out of savings – JPMorgan

Russia Today 09 Dec 2023
However, in October this year, they were down to around $148 billion. The bank’s strategists explained at the time that the trend stems from “tighter credit conditions and rising rates, wind-down of Covid-era stimulus and relief programs,” as well as multiple years of above average inflation ... READ MORE ... .
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America and the 'free market magic' lies

Alternet 09 Dec 2023
Joe Biden, a canny politician sensing the mood of the country, openly denounced many of the tenets of neoliberalism and, in the first six months of his presidency, accomplished Keynesian stimulus programs that would have left Clinton, Bush or Obama in shock (and, we’re now hearing, were apparently opposed by all three in backchannel conversations).
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99% of Americans will be financially worse-off than they were pre-pandemic by mid-2024, JPMorgan says

Business Insider 07 Dec 2023
... by government stimulus checks ... "Consumers are facing tighter credit conditions and rising rates, wind-down of Covid-era stimulus and relief programs, declining excess savings and liquidity, and multiple years of above average inflation," JPMorgan strategists wrote at the time.
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Detroit air-quality startup featured in new Biden TV ad

Detroit news 06 Dec 2023
The company, through a program funded by the American Rescue Plan stimulus package adopted in 2021, will work with community groups to determine where to deploy dozens of stationary air monitors and will create a text-alert system and public portal for monitoring results.
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Cuyahoga County approves its 2024/2025 budget: Here are the key takeaways

Cleveland 06 Dec 2023
The board is not predicting any program cuts in 2024, but could see cuts in 2025, cleveland.com reported previously ... However, advocates for the unhoused have said there isn’t enough money going to the seasonal shelter program, especially in light of COVID-19 stimulus dollars expiring.
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Baltimore mayor Brandon Scott says he’s willing to consider selling city-owned Hilton

Baltimore Sun 06 Dec 2023
“We are open to anything,” Scott said during a City Hall news conference ... The grant, which was approved by a 4-1 vote with Council President Nick Mosby voting against the payout, will come from the city’s $640 million allocation from the American Rescue Plan Act, a federal pandemic stimulus program.
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After four unhoused people died in a month, advocates call for reform

Cleveland 05 Dec 2023
The expiration of COVID-19 stimulus dollars and recent winter weather has highlighted gaps in the network of programs aimed at helping those experiencing homelessness. Two of those gaps are the lack funding for the seasonal shelter program, which provides a place to sleep for ...
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November Commercial Chapter 11 Filings Increase 141 Percent over 2022 Propelled by WeWork Bankruptcy

Enid News & Eagle 04 Dec 2023
“Individual bankruptcy filings continue to rise as support from government stimulus and lender forbearance programs recedes, and ongoing price inflation and higher lending rates put pressure on household balance sheets,” said Todd Madsen, AACER Vice President.
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Editorial: LA City Council’s rent hike fails average Angeleno in already dire housing crisis

Daily Bruin 04 Dec 2023
As we move into 2024 and distance from the peak of the pandemic, the gradual rollback of pandemic-era government interventions – rent freezes, stimulus checks and student loan forgiveness programs – marks an important moment for decision-making about the future.
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Demand at food banks and pantries reaches ‘catastrophic’ levels

Penn Live 04 Dec 2023
Food banks and food assistance programs are reporting record-high demand from families unable to feed themselves. The historic level of need comes at a time when donations to food programs - and community aid programs, in general - are declining ... “We always believed that the stimulus and other programs would wane and would go away,” he said.
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