Latest Economic stimulus News

The Latest: New Mexico House OKs ethics commission bill

Mar. 16, 2019 1:02 AM EDT

SANTA FE, N.M. (AP) — The Latest on activity at the New Mexico Legislature (all times local): 11 p.m. The New Mexico House of Representatives has approved a revamped proposal that would create a new ethics commission after intense negotiations with the Senate. House lawmakers voted 66-0 late Friday to move...

China's premier denies Beijing tells companies to spy

Mar. 15, 2019 8:37 AM EDT

BEIJING (AP) — China's No. 2 leader denied that Beijing tells its tech companies to spy abroad and promised Friday to treat foreign and domestic competitors equally in an effort to defuse tensions with Washington and Europe. Premier Li Keqiang's rejection of spying accusations at a news conference was the...

Legislature negotiates state budget boost, stimulus package

Mar. 13, 2019 11:53 PM EDT

SANTA FE, N.M. (AP) — New Mexico legislators inched closer Wednesday to an annual budget agreement that is likely to increases spending on education by nearly half a billion dollars and channel a windfall in tax income toward infrastructure and economic stimulus. The $7 billion general fund spending bill...

North Dakota Legislative session boosts Bismarck's economy

Mar. 3, 2019 12:18 PM EST

BISMARCK, N.D. (AP) — Restaurants, hotels, stores and dry cleaners in Bismarck have all reported receiving an economic boost during the four months every two years when the North Dakota Legislature is in session. The city experiences sustained economic activity when legislators, lobbyists and other...

Industrial upturn? Northwest Indiana workers secure raises

Mar. 3, 2019 11:21 AM EST

MUNSTER, Ind. (AP) — Steel, oil refinery and auto parts workers in northwestern Indiana are getting their first pay raises in years, and an economist says their bigger paychecks will boost the region's economy by giving people more disposable income to spend. Steelworkers at ArcelorMittal and U.S. Steel...

Louisiana mayor announces plans for medical corridor

Feb. 27, 2019 6:28 PM EST

SHREVEPORT, La. (AP) — A Louisiana mayor has announced plans for a medical corridor that he says will spur economic development and improve access to healthcare within resource-deprived communities. Shreveport Mayor Adrian Perkins announced Monday the creation of the Shreveport Healthcare and Development...

The Latest: Maine governor says spending plan is 'pragmatic'

Feb. 11, 2019 7:39 PM EST

AUGUSTA, Maine (AP) — The Latest on the Maine governor's budget address (all times local): 7:40 p.m. Maine Democratic Gov. Janet Mills says critics are going to call her two-year spending proposal "government spending run amok." But she insists it's a pragmatic proposal. Mills told a joint session of the...

The Latest: UK economy would be boosted by clarity on Brexit

Feb. 7, 2019 8:08 AM EST

LONDON (AP) — The Latest on the Bank of England's monetary policy decision and news conference (all times local): 1:05 p.m. Bank of England Governor Mark Carney says an easing in Brexit uncertainty could give the British economy a big boost. At a news conference after the bank kept its main interest rate...

India's central bank surprises with cut in key lending rate

Feb. 7, 2019 4:42 AM EST

NEW DELHI (AP) — India's central bank on Thursday lowered its key interest rate by a quarter of a percentage point to 6.25 percent in a surprise move intended to keep growth on track. The interest rate is what the federal bank charges on lending to commercial banks. Lower interest rates help borrowers but...

Study looks at economic benefit of longer North Rim season

Feb. 7, 2019 12:48 AM EST

FLAGSTAFF, Ariz. (AP) — A new study says extending the tourist season at the Grand Canyon's North Rim by a month would boost the regional economy by $14 million. The canyon's less popular North Rim is fully open less than half of the year, largely because of weather. Tourism promoters in northern Arizona...