Latest Economic stimulus News

EU unveils Indo-Pacific strategy, tries to allay China fears

Sep. 16, 2021 09:57 AM EDT

BRUSSELS (AP) — The European Union on Thursday unveiled a new strategy for boosting economic, political and defense ties in the Indo-Pacific, just hours after the United States, Britain and Australia announced a new security alliance likely to reshape their relations with the vast region. ...

Asian stocks rise ahead of central bank meetings

Sep. 06, 2021 23:48 PM EDT

BEIJING (AP) — Asian stock markets rose Tuesday as investors watched for decisions from central banks in Europe and elsewhere about when they might start to wind down economic stimulus. Shares advanced in Shanghai, Tokyo and Hong Kong, which are the bulk of Asia's...

Global stock markets rise after weak US hiring data

Sep. 06, 2021 05:28 AM EDT

BEIJING (AP) — Global stock markets and Wall Street futures rose Monday after weak U.S. hiring in August fueled expectations the Federal Reserve might postpone withdrawal of economic stimulus that has boosted stock prices. London and Frankfurt opened higher. Shanghai,...

Asian stock markets rise after weak US hiring data

Sep. 05, 2021 23:32 PM EDT

BEIJING (AP) — Asian stock markets rose Monday after weak U.S. hiring in August fueled expectations the Federal Reserve might postpone withdrawal of economic stimulus that has boosted stock prices. Shanghai, Tokyo and Hong Kong, which are the bulk of the region’s...

Former mail carrier gets prison time for stealing mail

Sep. 03, 2021 11:53 AM EDT

BOSTON (AP) — A former mail carrier who stole federal stimulus payments as well as gift and ATM cards intended for people on her route has been sentenced to three months in prison and ordered to pay the money back, federal prosecutors said Friday. Angela Gomez, 40, of...

Asian stock markets mixed after Wall St hits another record

Sep. 02, 2021 23:45 PM EDT

BEIJING (AP) — Asian stock markets rose Friday as investors awaited U.S. hiring data some appear to hope will be weak enough to persuade the Federal Reserve to postpone winding down economic stimulus. Tokyo advanced after Wall Street hit a record. Shanghai and Hong Kong...

US trade deficit narrows slightly to $70.1 billion in July

Sep. 02, 2021 09:37 AM EDT

The U.S. trade deficit narrowed slightly to $70.1 billion in July as economic recovery overseas helped boost American exports while imports declined. The Commerce Department reported Thursday that the trade deficit fell 4.3% in July after surging to a record $73.2 billion...

Asian markets gain ahead of US report on August employment

Sep. 02, 2021 00:38 AM EDT

BEIJING (AP) — Asian stocks rose Thursday as investors waited for U.S. jobs data that might influence when the Federal Reserve starts to wind down its stimulus. Shanghai, Tokyo and Hong Kong, which are the bulk of Asian market capitalization, advanced. South Korea and...

Black US farmers awaiting billions in promised debt relief

Sep. 01, 2021 00:12 AM EDT

BOYDTON, Va. (AP) — There was a time when Black farms prospered. Just two generations out of slavery, by 1910 Black farmers had amassed more than 16 million acres of land and made up about 14 percent of farmers. The fruit of their labors fed much of America. ...

Providence breaks ground on new Roger Williams Park entrance

Aug. 25, 2021 17:27 PM EDT

PROVIDENCE, R.I. (AP) — Providence has broken ground on a $5 million project to build a new entrance to Roger Williams Park. The project has been dubbed the Gateway and will include picnic areas, concessions, ticket sales, a play area, public restrooms and event space,...