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How Big A Fiscal Package Is Needed? Try $3 Trillion To Start

How Big A Fiscal Package Is Needed? Try $3 Trillion To Start Submitted by Joe Carson, former chief economist of AllianceBernstein As Washington rushes to approve a fiscal aid package to cushion the economy from the cor.....»»

Category: blogSource: zerohedgeMar 23rd, 2020

NewsWatch: These are the jobs Biden’s American Jobs Plan would create — plus how much they pay and what training is needed

President Joe Biden says his $2.3 trillion infrastructure package, along with the American Rescue Plan, would eventually create 19 million new jobs......»»

Category: topSource: marketwatchApr 2nd, 2021

: These are the jobs Biden’s American Jobs Plan would create — plus how much they pay and what training is needed

President Joe Biden says his $2.3 trillion infrastructure package, along with the American Rescue Plan, would eventually create 19 million new jobs......»»

Category: topSource: marketwatchApr 2nd, 2021

Larry Summers, who called out inflation fears with Biden"s $1.9 trillion COVID-19 relief package, says the US is seeing "least responsible" macroeconomic policy in 40 years

"I'm much more worried that we'll have either inflation or a pretty dramatic fiscal-monetary collision," Summ.....»»

Category: personnelSource: nytMar 21st, 2021

Market Snapshot: S&P 500, Dow finish at records as Biden signs off on $1.9 trillion fiscal relief package

Major U.S. stock-market benchmarks booked records on Thursday as U.S. Treasury yields steadied and as President Joe Biden signed a $1.9 trillion financial aid package to boost the economic recovery from the coronavirus pandemic......»»

Category: topSource: marketwatchMar 11th, 2021

Market Snapshot: S&P 500, Dow hit records as Biden signs off on $1.9 trillion fiscal relief package

The Dow Jones Industrial Average heads for its fifth straight gain Thursday afternoon and another record close, with the S.....»»

Category: topSource: marketwatchMar 11th, 2021

: Biden stimulus will give a major boost to the global recovery, OECD says

The world economy is on track to be back to its pre-pandemic level by the middle of the year thanks to the $1.9 trillion fiscal stimulus package, the OECD said on Tuesday......»»

Category: topSource: marketwatchMar 9th, 2021

White House economist: $1.9 trillion stimulus package still needed after strong jobs report

White House economist Jared Bernstein on Friday morning talked up the necessity of the Democrats' $1.9 trillion stimulus package that's close to getting enacted, as he .....»»

Category: topSource: marketwatchMar 5th, 2021

The Tell: History suggests surge in bond-market rates is unlikely to last, says Guggenheim’s Minerd

Even a multi-trillion fiscal relief package won't be enough to keep rates higher, says Guggenheim's Scott Minerd.....»»

Category: topSource: marketwatchMar 2nd, 2021

House Democrats voted to circumvent Republicans and start passing Biden"s $1.9 trillion stimulus package on their own

Biden met with Democrats earlier in the day and they doubled down on their intent to move swiftly on a package that includes direct payments. Ho.....»»

Category: personnelSource: nytFeb 4th, 2021

Global Markets Start Week On Positive Note, Ethereum Rally In Focus

Major indices worldwide rose on Monday with President Biden’s proposed $1.9 trillion stimulus package in focus. read more.....»»

Category: blogSource: benzingaJan 25th, 2021

Global stocks edge higher at the start of a blockbuster earnings week as optimism over Biden"s proposed $1.9 trillion stimulus package offsets virus worries

President Biden's administration is making attempts to garner bipartisan support for the proposed $1.9 trillion stimulus plan. JOHANNES EISELE/AFP via Getty Images Global stocks rose at the start of the busiest week of the fourth-quart.....»»

Category: topSource: businessinsiderJan 25th, 2021

President Biden signs executive orders aimed at offering a quick dose of financial relief as talks start on $1.9 trillion aid package

President Biden took executive action Friday to spee.....»»

Category: topSource: chicagotribuneJan 22nd, 2021

Congress rushes to pass huge coronavirus relief bill

The long-sought $900 billion relief package was part of a $2.3 trillion catchall package that included $1.4 trillion to fund the government through the end of the fiscal year on Sept. 30......»»

Category: topSource: bizjournalsDec 22nd, 2020

Economic Crises in US History That Needed a Massive Govt Stimulus Package

President Donald Trump, on March 27, 2020, signed into law the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The $2 trillion relief bill provides direct support to individuals,........»»

Category: blogSource: 247wallstMay 5th, 2020

Some people should start getting an extra $600 in unemployment benefits this week. Here"s what you need to know if you"re applying.

REUTERS/Tom Brenner The new $2.2 trillion stimulus package signed into law last month will allow people to claim an extr.....»»

Category: topSource: businessinsiderApr 9th, 2020

Federal small-business loan program faces rocky start as bankers pump the brakes

Major bankers said it will take time before federally backed small business loans under the $2 trillion bailout package are made available, contradicting claims made earlier by top federal officials......»»

Category: topSource: washpostApr 2nd, 2020

Federal small business loan program faces rocky start as bankers pump the breaks

Major bankers said it will take time before federally backed small business loans under the $2 trillion bailout package are made available, contradicting claims made earlier by top federal officials......»»

Category: topSource: washpostApr 2nd, 2020

The $2 trillion coronavirus aid package is just a start. Here"s what Congress needs to do next to help Americans through the pandemic.

Erin Schaff/Getty Images Congress just passed a $2 trillion aid package to tackle the coronavirus pandemic, called the CARES Act. While the package is good and has helped to stabilize the mark.....»»

Category: topSource: businessinsiderApr 1st, 2020

Stocks rally as investors parse $2 trillion coronavirus relief package

U.S. stocks moved higher at the start of trade Thursday, following the Senate's approval the massive stimulus bill late Wednesday night. The Dow Jones Industrial Average rose about 445 points, or 1.9% to trade at 21,6.....»»

Category: topSource: marketwatchMar 26th, 2020

Five things you need to know today, and a dose of positivity

Good morning, friends. Here are the five things you need to know to start your day. ‘Even the fine print has fine print’ Late last night, the Senate approved the $2 trillion economic stabilization package agreed to by Congress and the Trump ad.....»»

Category: topSource: bizjournalsMar 26th, 2020