Latest Economic stimulus News

Banks, retailers take stocks lower; smaller companies sink

Dec. 13, 2018 3:02 PM EST

NEW YORK (AP) — U.S. stocks are slipping Thursday as banks and retailers fall and smaller companies continue to take steep losses. Safer, high-dividend stocks in real estate and utilities are climbing. It's been a relatively calm day on Wall Street after stocks made several wild wings earlier in the week....

Eurozone stimulus program to end as growth worries resurface

Dec. 13, 2018 10:47 AM EST

FRANKFURT, Germany (AP) — The European Central Bank is ending the massive stimulus program that helped nurse the eurozone economy back to health over the past four years — despite the emergence of new risks including a global trade war and Brexit. Thursday's decision to stop the bank's monthly bond...

The Latest: Low rates expected to support European economy

Dec. 13, 2018 8:58 AM EST

FRANKFURT, Germany (AP) — The Latest on the European Central Bank's monetary policy meeting (all times local): 2:55 p.m. European Central Bank President Mario Draghi says strong domestic demand and low interest rates are supporting the economy in Europe despite a recent moderation in growth. Draghi said at...

Unfinished business: UN migrant pact inked, but foes remain

Dec. 11, 2018 5:47 PM EST

MARRAKECH, Morocco (AP) — Seeking to remind the world that migrants are people, too, a U.N. migration conference ended Tuesday with pledges to put a landmark new accord to work, but it left unfinished business on ending the divisive debate between nationalists and globalists as migrant detention centers,...

China's premier reassures region on growth, South China Sea

Nov. 13, 2018 7:24 AM EST

SINGAPORE (AP) — China's premier sought Tuesday to reassure its neighbors that Beijing will push ahead with reforms needed to support growth across the region and also keep the peace in contested waters in the South China Sea. Premier Li Keqiang said his government will favor reforms in the world's No. 2...

With split Congress, prospect for economic deals looks dim

Nov. 8, 2018 12:19 AM EST

WASHINGTON (AP) — President Donald Trump floated the idea Wednesday of partnering with the newly Democratic-led House on two ideas that could prove popular with voters: Increasing spending on America's infrastructure and limiting drug prices. Yet the poisonous atmosphere in Washington, mandated federal...

With split Congress, prospect for economic deals looks dim

Nov. 7, 2018 5:57 PM EST

WASHINGTON (AP) — President Donald Trump floated the idea Wednesday of partnering with the newly Democratic-led House on two ideas that could prove popular with voters: Increasing spending on America's infrastructure and limiting drug prices. Yet the poisonous atmosphere in Washington, mandated federal...

Asian shares rise on hopes for Chinese stimulus for economy

Oct. 31, 2018 11:23 PM EDT

SINGAPORE (AP) — Asian markets were mostly higher Thursday on hopes for Chinese government help for the economy as manufacturing slows. KEEPING SCORE: Hong Kong's Hang Seng gained 1.6 percent to 25,386.77 and the Shanghai Composite index added 1 percent to 2,628.34. The Kospi in South Korea was 0.7 percent...

Russian, Italy vow to expand ties despite EU sanctions

Oct. 24, 2018 2:08 PM EDT

MOSCOW (AP) — Russian President Vladimir Putin and Italian Prime Minister Giuseppe Conte pledged Wednesday to boost economic ties between their countries despite European Union sanctions against Russia. They also agreed to pool efforts to help settle the political crisis in Libya. Making his first trip to...

Dems shift line of attack, warning of GOP threat to Medicare

Oct. 17, 2018 2:46 PM EDT

WASHINGTON (AP) — With the GOP tax plan contributing to rising federal deficits, Democrats are warning that Republicans will seek cuts to Medicare, Medicaid and Social Security to balance budgets if they keep control of Congress in the November election. It's a familiar message for Democrats, who have for...