Latest Economic stimulus News

UN envoy: South Sudan has potential, needs to hold elections

Apr. 15, 2021 01:20 AM EDT

UNITED NATIONS (AP) — David Shearer said Wednesday he’s leaving the top U.N. job in South Sudan convinced the world’s youngest nation has the potential to become a tourist destination to rival any country in East Africa and the oil and mineral riches to spur economic progress — if it...

Fed survey: Economy rebounding, helped by stimulus, vaccines

Apr. 14, 2021 16:02 PM EDT

A Federal Reserve survey has found that the economy was rebounding in late February through early April, helped by billions of dollars in a new round of stimulus payments and the stepped-up rollout of coronavirus vaccines. The new survey released Wednesday showed that...

Banks to see big profits as COVID 'bad' loans become 'good'

Apr. 14, 2021 11:03 AM EDT

NEW YORK (AP) — The nation’s largest banks are expected to report big profits for the first quarter amid renewed confidence that pandemic-battered consumers and businesses can repay their debts and start borrowing again. The brighter outlook allows banks to move...

Some Nebraska college students to get $3,000 in pandemic aid

Apr. 12, 2021 19:36 PM EDT

OMAHA, Neb. (AP) — Nearly 3,000 students who attend one of Nebraska's state colleges will be eligible for up to $3,000 in additional aid because of the coronavirus pandemic. Full-time students who attend Chadron, Wayne or Peru state colleges during the 2021-2022 school...

NCAA volleyball tournament will boost Omaha's economy

Apr. 11, 2021 16:02 PM EDT

OMAHA, Neb. (AP) — The Omaha economy will get a significant boost from hosting the entire NCAA volleyball championship tournament over the next two weeks. For instance, when the NCAA decided to move the entire tournament to the city instead of just holding the Final...

California plans $536M for forests before wildfire season

Apr. 08, 2021 18:20 PM EDT

SACRAMENTO, Calif. (AP) — California will authorize $536 million toward forest management projects and efforts to reduce wildfires before the worst of the fire season strikes later this year, Gov. Gavin Newsom and legislative leaders said Thursday. That more than...

GOP plans for spending federal stimulus may not be allowed

Apr. 07, 2021 18:39 PM EDT

MADISON, Wis. (AP) — The majority of Wisconsin Republicans' plans for spending $3.2 billion in federal stimulus money either may not be allowed under the law or might have to be repaid, according to nonpartisan analyses of the bills that are moving quickly through the Legislature. ...

Minnesota House Democrats unveil package of budget bills

Apr. 05, 2021 20:14 PM EDT

MINNEAPOLIS (AP) — Minnesota House Democrats unveiled legislation on Monday that calls for more spending on education and recovery for those most affected by the pandemic while increasing taxes on wealthy residents and large companies. The package of bills follows the...

March hiring accelerated to 916K, yet many jobs remain lost

Apr. 02, 2021 17:16 PM EDT

WASHINGTON (AP) — America’s employers unleashed a burst of hiring in March, adding 916,000 jobs in a sign that a sustained recovery from the pandemic recession is taking hold as vaccinations accelerate, stimulus checks flow through the economy and businesses increasingly reopen. ...

13 attorneys general sue Biden admin over stimulus tax rule

Mar. 31, 2021 19:06 PM EDT

CHARLESTON, W.Va. (AP) — Attorneys general from 13 states sued President Joe Biden's administration on Wednesday over a rule in the federal stimulus that bars states from using relief money to offset tax cuts. The filing in U.S. District Court in Alabama asks judges to...