Page 2 - Economic Stimulus

Wall Street rallies on US stimulus and vaccine hopes as bond markets calm

NEW YORK (Reuters) - Global equities markets rose and the S&P 500 on Monday had its best day since June 5, with investors taking lower U.S. bond yields in stride on optimism over the $1.9 trillion coronavirus relief bill and distribution of Johnson & Johnson's newly authorized COVID-19 vaccine.

Oil prices jump on Covid-19 vaccine optimism, US stimulus package

The approval of Johnson & Johnson's Covid-19 shot also buoyed the economic outlook

Biden team readies wider economic package after coronavirus relief

Biden and his team have begun discussions on the possible outlines of an infrastructure package

US: Dems propose $1,400 payments as part of Joe Biden's virus relief

Biden, less than three weeks into his presidency, has declared that defeating the virus and fixing the economy are his top priorities

Wall Street scales all-time high on stimulus bets, vaccine optimism

The Congress on Friday approved a budget plan that would allow a coronavirus relief bill to muscle through in the coming weeks without Republican support

Gold rises over 1% on expectations of large US economic stimulus package

Spot gold rose 1.4% to $1,836.95 per ounce

US economy to hit pre-pandemic size by the middle of this year, says CBO

The new projections from the office, which is nonpartisan and issues regular budgetary and economic forecasts, are an improvement from the office's forecasts last summer

Revenue expenditure to decline 8.6% in FY22, show Budget documents

Small savings, which will chip in a record Rs 4.8 trillion, breathe life into stimulus

US economy suffers worst contraction in 74 years as Covid-19 surges

The data also showed that the U.S. economy grew at an annual rate of 4 percent in the fourth quarter of 2020 amid a surge in COVID-19 cases, much slower than 33.4 percent in the previous quarter

Wall Street flat as stimulus rally cools; Intel jumps on replacing CEO Swan

The Dow Jones Industrial Average rose 16.2 points, or 0.05%, at the open to 31084.88.

Jabs equal jobs? Fed sees possible economic boom if vaccine gets on track

After a catastrophic spell when economic conditions were so confounded by the coronavirus that the Fed stopped making projections altogether, U.S. central bankers now like what they see

President-elect Biden pushes for $2,000 'stimulus check' for Americans

US President-elect Joe Biden has called for a $2,000 "stimulus checks" to his fellow Americans, arguing that the current $600 coronavirus relief payment is not enough

Pelosi, McConnell's homes vandalised as $2,000 stimulus remains stalled

McConnell's Louisville house was targeted with graffiti to its front door, with a message that read, "Where's my money" with additional paint sprayed on his window

Big stimulus works, but fiscal policy burdened by politics is a problem

For all the pre-pandemic talk about central banks being out of ammunition, ​​​​​​they were able participants in the nascent recovery

Low govt spending the main impediment to real economic stimulus in India

Even with a 68% jump in long-term market loans, Centre hasn't been able to raise govt spending remarkably; quality of expenditure has suffered too, with capex 2% lower than last year

From lockdown to plight of migrant workers: 2020, the year of pandemic

It was a year marked by loss. The pandemic exacted a heavy toll, devastated the economy and upended every aspect of life. Here's a look at what we weathered and how we adapted to change...

Gold edges up as dollar dips on Donald Trump threat to stimulus bill

Spot gold was up 0.1% at $1,860.81 per ounce by 1250 GMT, while U.S. gold futures fell 0.3% to $1,864.60 per ounce.

S&P 500, Nasdaq open marginally higher on 'bumper' stimulus hopes

The S&P 500 opened higher by 1.63 points, or 0.04 per cent, at 3,696.25

FinMin approves Rs 9,879 cr capital expenditure proposal of 27 states

Of this, Rs 4,939.81 crore has been released in the first tranche

New fiscal stimulus Bill hopes make S&P 500 jump to record high

(Reuters) - The S&P 500 jumped to an all-time high on Friday as data showing the slowest jobs growth in six months reinforced expectations for a new fiscal stimulus bill to help revive the economy from its worst downturn in decades.