Stimulus Programs

Latest News for: Stimulus programs

Edit

China Boosts Subsidies for Consumers Who Trade In Old Cars for New Ones

Caixin Online 25 Jul 2024

... for new ones as part of a 300-billion-yuan ($41 billion) stimulus program designed to boost consumption.

Edit

China reveals $41 billion price tag of plan to boost consumption

Detroit news 25 Jul 2024

As part of one of this year’s main stimulus programs designed to lift consumer spending, the central government will use funds raised by selling ultra-long special sovereign bonds this year for the overhaul, according to a document released Thursday.

Edit

Frustration over bills, inflation could shape 2024 presidential election

Detroit Free Press 24 Jul 2024

... stimulus programs rolled out of Washington ... In 2022, as the stimulus programs ended and inflation accelerated, Grimes said, real or inflation-adjusted, after-tax income per person declined 6.2%.

Edit

Biden, who built career on perseverance, confronts its end

The Spokesman-Review 24 Jul 2024

With congressional Democrats, he passed the American Rescue Plan months into his first year in office, a $1.9 trillion package of stimulus spending and support for social programs intended to blunt the economic effects of the pandemic.

Edit

China's having its 2008 financial crisis at the worst possible time

The Hill 23 Jul 2024

In 2008, Chinese leaders Hu Jintao and Wen Jiabao decided they would not suffer a downturn, so they embarked on what is undoubtedly the biggest peacetime stimulus program in history ... Now, debt-fueled stimulus isn’t working.

Edit

Japan's budget bid to likely exceed $698B

The Manila Times 22 Jul 2024

Cabinet is expected to approve the finance ministry's draft at the end of the year ... That would follow the BOJ's decision to end negative rates and bond yield control in March, in a landmark shift away from a radical stimulus program ... ....

Edit

Column: The tragedy of Joe Biden

The Los Angeles Times 22 Jul 2024

In his first two years in office, using legislative skills he prided himself on as senator and vice president, he enacted a $1.2-trillion infrastructure bill; a clean energy bill that was the largest climate-related program in U.S.

Edit

Joe Biden was a terrible president no matter his age, and Dems still have to ...

New York Post 22 Jul 2024

Age ... . 38%. The rot runs deep ... The president decided what the moment needed was more stimulus, free cash for everyone, and a massive bill chockablock with progressive programs meant to keep even more Americans dependent on the federal government. 4 ... ... 4.

Edit

Strong boon offered to tourists flying to HCMC at night

The Saigon Times 16 Jul 2024

... a promotional program to encourage tourists to use night flights and lodging services in the city ... As of July 8, 2024, 16 lodging facilities in the city have signed up for the tourism stimulus program.

Edit

‘One-trick ponies’: Tiny robot ‘claw’ grabs marble balls with vapor power

Interesting Engineering 15 Jul 2024

The team claims that “by judiciously controlling the type and the concentration of the vapor stimulus,” the material the machine is composed of can be “effectively programmed to achieve complex movements.” ... .

Edit

3 reasons businesses shouldn't panic about our rising deficits

The Hill 12 Jul 2024

As we’ve seen over the past few years, when the government spends trillions of dollars on stimulus and other “economic growth” programs, the economy can’t absorb it all and the excess money in the system creates an oversupply, which causes inflation.

Edit

Ann Arbor reallocates $3.4M in federal stimulus funds intended for unarmed response

Michigan Live 05 Jul 2024

Federal stimulus funds the city set aside in 2022 for the program’s launch must be spent by the end of 2024, but the city still isn’t ready to ...

Edit

Japan Jan-June bankruptcy hits highest level

The Manila Times 05 Jul 2024

The Bank of Japan in March ended eight years of negative interest rates and its bond yield control in a historical shift away from its prolonged radical stimulus program ... ....

Edit

Del Monte Pacific to cut production

The Manila Times 05 Jul 2024

Grocery sales were said to have fallen 10 percent following a pullback in federal stimulus measures and SNAP (Supplemental Nutrition Assistance Program) benefits or food stamps, as well as due to ...

Edit

Op-Ed | A budget that prioritizes working-class New Yorkers and seeks to make our city ...

AM New York 02 Jul 2024

... has already cost our city $4.9 billion and is expected to cost billions more, and hundreds of millions of short-term stimulus dollars previously used to fund crucial long-term programs — a major feat.