Economic stimulus

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, June 26, 2020. Asian stock markets followed Wall Street higher on Friday after U.S. regulators removed some limits on banks' ability to make investments. (AP Photo/Ahn Young-joon)
June 26, 2020 - 4:09 pm
Stocks closed sharply lower on Wall Street as the number of confirmed new coronavirus cases in the U.S. hit an all-time high, stoking worries that the reopening of businesses investors have been banking on to revive the economy will be derailed. The S&P 500 fell 2.4% Friday. Texas and Florida...
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Clouds are seen over the buildings of the banking district after sunset in Frankfurt, Germany, Thursday, June 18, 2020. (AP Photo/Michael Probst)
June 24, 2020 - 4:56 am
BERLIN (AP) — German business confidence has risen for the second consecutive month, a closely watched survey showed Wednesday. The result was slightly better than economists' expectations. The Ifo institute said its monthly confidence index rose to 86.2 points in June from 79.7 in May. Economists...
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Builders work on ascaffolding in London, Wednesday, June 17, 2020. After the easing of lockdown during the COVID-19 pandemic, most construction companies have restarted their business but official figures show that the British economy shrank by a colossal 20.4% in April, the first full month that the country was in its lockdown. (AP Photo/Frank Augstein)
June 18, 2020 - 9:38 am
LONDON (AP) — The Bank of England unveiled another big stimulus for the U.K. economy as it tries to limit the scale of the coronavirus recession, which it now thinks will be less severe than it thought it would be last month. In a statement Thursday, the bank’s policy making panel said it was...
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German Chancellor Angela Merkel attends a special cabinet meeting of the German government about the a stimulus program to booster the German economy after the coronavirus lockdown, at the chancellery in Berlin, Germany, Friday, June 12, 2020. (AP Photo/Markus Schreiber, Pool)
June 12, 2020 - 6:31 am
BERLIN (AP) — Germany’s Cabinet has approved a temporary cut in value-added tax starting next month in a bid to boost consumer demand in Europe’s biggest economy, a centerpiece of the country’s 130 billion-euro ($148 billion) stimulus package. The finance minister made clear Friday that he doesn't...
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People wearing face masks to protect against the new coronavirus walk at a government event aiming to stimulate consumer demand and consumption in Beijing, Saturday, June 6, 2020. China's capital is lowering its emergency response level to the second-lowest starting Saturday for the coronavirus pandemic. That will lift most restrictions on people traveling to Beijing from Wuhan and surrounding Hubei province, where the virus first appeared late last year. (AP Photo/Mark Schiefelbein)
June 06, 2020 - 10:59 pm
BEIJING — China has reported its first non-imported case of the new coronavirus in two weeks, an infected person on the island of Hainan off the southern coast. The National Health Commission said Sunday that there were also five imported cases in the previous 24-hour period, bringing the nation’s...
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A Bombardier plant is seen in Montreal on Friday, June 5, 2020. Bombardier Aviation is reducing its workforce by about 2,500 employees due to challenges caused by COVID-19. The company said Friday that it had to make the move because business jet deliveries, industry-wide, are forecast to be down approximately 30% year-over-year due to the pandemic. (Paul Chiasson/The Canadian Press via AP)
June 05, 2020 - 7:42 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to the national and global response, the work place and the spread of the virus. ________________________ JOB CONCERNS: — Mall operator CBL & Associates...
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Japan's Prime Minister Shinzo Abe leaves a venue after a news conference in Tokyo Monday, May 25, 2020. Abe lifted a coronavirus state of emergency in Tokyo and four other remaining areas on Monday, ending the restrictions nationwide as businesses begin to reopen. (Kim Kyung-hoon/Pool Photo via AP)
May 25, 2020 - 8:51 am
TOKYO (AP) — Japanese Prime Minister Shinzo Abe lifted a coronavirus state of emergency in Tokyo and four other remaining areas on Monday, ending the restrictions nationwide as businesses begin to reopen. Abe also unveiled a plan for a new stimulus package to support businesses hit by the pandemic...
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Delegates applaud as Chinese President Xi Jinping arrives for the opening session of China's National People's Congress (NPC) at the Great Hall of the People in Beijing, Friday, May 22, 2020. (AP Photo/Ng Han Guan, Pool)
May 22, 2020 - 5:53 am
BEIJING (AP) — China’s No. 2 leader on Friday promised higher spending to revive its pandemic-stricken economy and curb surging job losses but avoided launching a massive stimulus on the scale of the United States or Japan. Premier Li Keqiang told lawmakers Beijing would set no economic growth...
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Migrant workers from other states trying to return to their homes wait for transportation to a train station in Ahmedabad, India, Sunday, May 17, 2020. Tens of thousands of migrant laborers have been returning from big cities to their villages after losing jobs because of a countrywide lockdown imposed in late March to contain the spread of the coronavirus. (AP Photo/Ajit Solanki)
May 17, 2020 - 11:40 am
NEW DELHI (AP) — India on Sunday extended its nearly 2-month-old lockdown by two weeks after reporting nearly 5,000 new coronavirus cases, but said restrictions could be eased in low-risk areas to boost economic activity. After surpassing China on Saturday, India now has the most confirmed virus...
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FILE - In this July 10, 2016, file photo, Simone Biles competes on the balance beam during the women's U.S. Olympic gymnastics trials in San Jose, Calif. At least 70 percent of U.S. Olympic sports organizations have applied for government loans in the coronavirus pandemic, underscoring the frailties within the world’s most dominant Olympic sports system. (AP Photo/Gregory Bull, File)
May 08, 2020 - 12:09 pm
DENVER (AP) — At least 70 percent of U.S. Olympic sports organizations have applied for government funds during the coronavirus pandemic, a stark financial reality that underscores the frailties within the world’s most dominant Olympic sports system. The Associated Press surveyed 44 of the country'...
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