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5 mins read

China's $114 billion stimulus package immediately boosted its stock market. But can it last?

China's $114 billion stimulus has some investors excited, but it's lacking support for the country'…

Dan DeFrancesco   


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2 mins read

China is eyeing $1.4 trillion in fiscal stimulus and even more if Trump is elected, report says

China is weighing additional stimulus that would increase if Trump wins the US election. The candid…

Kelly Cloonan   


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Luxury stocks slide as LVMH disappoints and Wall Street eyes few signs of stronger China demand despite stimulus

LVMH's commentary on demand in China was a warning for luxury brands, which have relied on Chinese …

Kelly Cloonan   


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Even Xi Jinping admits China has a painful road ahead despite his new stimulus

"We must ready ourselves for danger, and prepare for rainy days," Xi said as he spoke of China's co…

Matthew Loh   


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1 min read

BlackRock slashes its rating for Chinese stocks with growth faltering and a bazooka stimulus package looking unlikely

The downgrade comes as Beijing struggles to galvanize China's economy and shore up the country's cr…

George Glover   


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1 min read

China slashes interest rates and mulls big stimulus package in bid to revive slowing economy

China has seen a disappointing economic rebound, with activity in key sectors plunging as demand fa…

Jennifer Sor   


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2 mins read

Mitch McConnell says the labor shortage will be solved when people run out of stimulus money because Americans are 'flush for the moment'

Lack of childcare and well-paid jobs might be driving the labor shortage. Mitch McConnell thinks Ma…

Juliana Kaplan,Joseph Zeballo…   


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2 mins read

Congress is weighing a fresh stimulus package for restaurants and other businesses as Omicron rages

The government might send out money yet again during the pandemic — but it won't be stimulus checks…

Juliana Kaplan,Joseph Zeballo…   


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4 mins read

Banks respond positively to Indian central bank’s COVID stimulus package – check out the list of top gainers

India’s largest public and private sector banks have responded positively to the Reserve Bank of In…

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4 mins read

House passes $1.9 trillion stimulus package, paving the way for Biden to sign it into law later this week

The package includes $1,400 direct payments for Americans and $300 weekly unemployment benefits, br…

Sonam Sheth,Joseph Zeballos-R…   


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3 mins read

As another stimulus package hangs in the balance, some programs like unemployment benefits are set to expire by the end of March

The current package includes $1,400 stimulus checks, $400 payments in federal unemployment benefits…

Lauren Frias   


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3 mins read

10 GOP senators plan a new compromise COVID-19 bill that would shrink direct payments to $1,000 from $1,400

The proposed $600 billion stimulus package would be smaller than the $1.9 trillion plan envisioned …

John L. Dorman   


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3 mins read

Tired of waiting for help, some states have begun passing their own COVID-19 aid

Critics argue the success of these individual relief bills undermines calls for significant state a…

Erin Snodgrass   


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1 min read

'Let's do it!': Schumer, Pelosi say they are eager to pass $2,000 stimulus checks that Trump says he supports

Democratic lawmakers quickly responded to Trump's demand that Congress increase the size of the sti…

Charles Davis   


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4 mins read

The ECB boosted its COVID-19 stimulus package by $606 billion and extended its bond-buying program by nine months

The central bank said it will keep its bond-buying program in place until March 2022, nine months l…

Shalini Nagarajan   


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2 mins read

Global stocks rise after the House passes Biden's $1.9 trillion stimulus package and fears of inflation subside

A chief investment officer called the relief package "one of the most far-reaching federal relief e…

Shalini Nagarajan   


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3 mins read

Biden signs $1.9 trillion rescue package into law, starting the clock on distributing $1,400 stimulus checks

The legislation authorizes direct payments for most taxpayers, renews unemployment benefits, and pr…

Sonam Sheth,Joseph Zeballos-R…   


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Kate Duffy   


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Biden says the $15 minimum wage hike likely won't be part of the COVID-19 relief package

Biden said a Senate rule would likely block it, but that he would be open to negotiating an increme…

Kelsey Vlamis   


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5 mins read

With federal stimulus payments unlikely, here are the 18 states giving money to residents in relief checks to combat inflation

With no public plans for federal stimulus checks, more than a dozen states instated their own relie…

Lauren Frias