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Xi may be holding back on economic stimulus because of Trump's tariff threat, an economist says

Republican presidential candidate Donald Trump said in February he would slap tariffs of over 60% o…

Huileng Tan   


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Donald Trump renewed his calls for $2,000 checks, but it's unclear if he'll veto the bipartisan stimulus package

"Why would politicians not want to give people $2000, rather than only $600?" Trump tweeted Friday …

Juliana Kaplan   


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Billionaire Ray Dalio says Trump's halting of stimulus negotiations will be a 'significant negative' for the economy

The absence of what could have been nearly $2 trillion of stimulus will cause "a lot of stress" on …

Emily Graffeo   


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Biden fired the Trump-appointed Social Security head amid complaints of stimulus check delays and union-busting tactics

Andrew Saul told the Post that he doesn't plan on stepping down and intends to show up to work on M…

Joseph Zeballos-Roig   


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Andy Kiersz   


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AOC says if Trump walks away from relief spending, the economy would be 'staring down the barrel' of one of the largest mass evictions in US history

Rep. Alexandria Ocasio-Cortez on Tuesday night said the US could experience problems with hunger un…

Shalini Nagarajan   


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4 mins read

The Fed warned of 'tragic' consequences if the US didn't do more to support its economic recovery. Hours later, Trump killed talks about more stimulus.

Leaving the economy starved of stimulus is like "letting the forest fire burn," Minneapolis Fed Pre…

Ben Winck   


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1 min read

Airline stocks drop after Trump ends stimulus talks

Airlines were expected to be large beneficiaries of the next stimulus package. On Friday Pelosi tol…

Emily Graffeo   


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The US economy can live with stimulus being delayed as long as it is implemented by early 2021, JPMorgan says

Relief spending could be pushed to after the elections because both Trump and Democrat challenger J…

Shalini Nagarajan   


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3 mins read

GOP lawmakers, Trump advisers broke ranks with the president after he decided to halt stimulus talks until after the election

A Trump campaign adviser told Axios, "You have to try to be this politically inept. What is going o…

Lauren Frias   


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Dow plummets 376 points as Trump halts stimulus talks until after election

The stock market had in recent weeks been pricing in the possibility of preelection stimulus — and …

Ben Winck   


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The US doesn't need extra stimulus in the economy for a V-shaped recovery, Trump adviser Kudlow says

Trump's economic adviser Larry Kudlow, said Tuesday: "I don't think the V-shaped recovery depends o…

Saloni Sardana   


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Republicans want to pass a series of standalone stimulus bills. Here's what that means, and why it's unlikely to happen.

Republicans' past piecemeal stimulus strategies fell prey to intraparty disagreements and Democrat …

Ben Winck   


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2 mins read

New fiscal support will set up an economic boom in the second half of 2021, Evercore analysts say

"The current fiscal package is large enough to make a significant difference for individuals," Ever…

Emily Graffeo   


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European stocks rebound as higher chance of US stimulus offsets gloom over explosion in COVID-19 cases

Daily cases in the UK have risen steadily since August, leading to stricter restrictions beginning …

Shalini Nagarajan   


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Fed's Kashkari warns of 'enormous consequences' if fiscal stimulus is not approved — and says there are no 'moral hazards' to supporting more aid

"There are enormous consequences if we just let things go, and the downturn will end up being much,…

Shalini Nagarajan   


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5 mins read

Joseph Zeballos-Roig   


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Trump's attempt to bounce Congress into bigger stimulus checks could easily go wrong

President Donald Trump objected to the $600 coronavirus stimulus checks supported by Congress, sayi…

Sinéad Baker   


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Insider poll: Just half of Americans say that they got a stimulus payment, and only half of those say it was enough

48% of respondents said they're experiencing some degree of economic hardship from the coronavirus.…

Jake Lahut   


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4 mins read

Biden faces a set of massive economic and health crises - and his stimulus plan will test a vow to work with Republicans in Congress

"Biden is inheriting among the worst crises a president has stepped into," a former top economic ad…

Joseph Zeballos-Roig