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2 mins read
Wall Street is cutting outlooks for Chinese stocks just weeks after a stimulus blitz
Analysts are now warning of more headwinds for Chinese equities after turning bullish on the stocks…
Kelly Cloonan
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
1 min read
Stock market today: S&P 500 notches fresh record on labor-market data and China stimulus pledge
Indexes rose Thursday on a surprise fall in jobless claims and pledges of further stimulus in China…
Kelly Cloonan
3 mins read
These 2 issues are proving the biggest barriers in negotiations for a $908 billion COVID-19 stimulus deal
Democrats and Republicans are yet to agree on, first, liability shields for businesses, and second,…
Kate Duffy
2 mins read
Trump calls for Americans to receive 'more money in direct payments,' as Congress may pass a package with $600 stimulus checks on Sunday
The coronavirus relief package that could pass in Congress on Sunday is expected to include $600 st…
Kelsey Vlamis
2 mins read
Senate Minority Leader Chuck Schumer tears into 'completely inadequate' GOP stimulus proposal
The GOP bill tries to "give the appearance of action" instead of meeting "the truly profound needs …
Ben Winck
2 mins read
Nancy Pelosi says the stock-market slide could force Trump to quickly negotiate a large stimulus deal
Pelosi's comments come as virus cases rise across the nation and economic-aid talks have been large…
Joseph Zeballos-Roig
2 mins read
The White House and Pelosi accuse each other of 'moving the goalposts' on a stimulus deal, as the prospect of funding before Election Day slips further away
The White House and House Speaker Nancy Pelosi continue to disagree on a stimulus deal, as the chan…
Kate Duffy
2 mins read
Pelosi and Mnuchin are 'narrowing their differences' on a stimulus package as the deadline for a deal looms
Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin will speak again on Tuesday to see if th…
Kate Duffy
2 mins read
The $900 billion stimulus deal hinged on a disagreement over a single word that was resolved in a late-night call between senators
A stimulus deal giving a financial lifeline to the economy was in danger of collapse due to a stand…
Tom Porter
3 mins read
Coronavirus relief talks are hanging by a thread at a perilous moment for millions of Americans
The White House jumped in with a $916 billion stimulus offer that threatened to blow up relief nego…
Joseph Zeballos-Roig
2 mins read
Mitch McConnell acknowledged pressure to deliver more COVID-19 stimulus and said he thinks Congress can do it this month
Democrats and Republicans have been at an impasse for months, unable to progress despite the mounti…
Sinéad Baker
3 mins read
New York Democrat Mondaire Jones wants to bring a progressive edge to Congress
The lawyer and Democratic nominee for New York's 17th Congressional district might become one of th…
John L. Dorman
2 mins read
White House indicates Trump will sign $900 billion stimulus deal brokered by Republicans and Democrats in Congress
The legislation includes $600 stimulus checks, $300 weekly unemployment benefits, small business ai…
Kelsey Vlamis
2 mins read
Treasury Secretary Mnuchin said a coronavirus relief deal is unlikely before the election
House Speaker Nancy Pelosi and Mnuchin appear to have made little headway in negotiations for a bro…
Joseph Zeballos-Roig
1 min read
China hints at bringing in a stimulus package to support its faltering economy
The yuan and Chinese-listed stocks both rallied on after the politburo acknowledged economic "diffi…
George Glover
2 mins read
Pelosi baited Republicans by collecting positive news coverage about Biden's $1.9 trillion stimulus deal from their districts
Pelosi last week published blog posts with PDF front pages, showing positive coverage of Biden's $1…
Kevin Shalvey
3 mins read
McConnell and Schumer's Senate deal: Who won, who lost, and what it means for Biden's stimulus plan
"If this majority went scorched-earth, this body would grind to a halt like we've never seen," Sena…
Oma Seddiq
3 mins read
Trump keeps promising a coronavirus relief package will be passed after the election — but Democrats say they are still far apart on a stimulus deal
Many differences remain between the White House and Democrats on federal unemployment benefits, tax…
Joseph Zeballos-Roig
4 mins read
Bipartisan group of lawmakers roll out 2 separate stimulus bills containing $908 billion in economic relief, breaking off the most disputed issues in a bid to strike a deal
The latest stimulus plans contain $300 weekly federal unemployment benefits but excludes a second r…