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Tag Archives: stimulus

Obama calls on Congress to act on jobs bill

WASHINGTON — President Barack Obama bluntly challenged Congress Monday to act immediately on his new jobs plan, brandishing a copy of the legislation in the Rose Garden and demanding: “No games, no politics, no delays.” Surrounded by police officers, firefighters, ...

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Developed nations look to restore growth

MARSEILLE, France  — The financial leaders of the world’s most developed economies were wrangling Friday over how to revive a faltering economic recovery at a time when interest rates are already low and government debt is high. The so-called Group ...

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O’Malley invited to Obama’s job speech

Tune into President Obama’s jobs speech Thursday and you may see a familiar face in the crowd. Gov. Martin O’Malley will attend the president’s economic speech before a joint session of Congress, the governor’s office revealed Wednesday. A spokeswoman for ...

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Is economic recovery sliding into stupor?

WASHINGTON — Shoppers won’t shop. Companies won’t hire. The government won’t spend on economic stimulus — it’s cutting instead. And the Federal Reserve is reluctant to do anything more. Without much to invigorate growth, the economy may be in danger ...

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Bernanke: Fed would supply more stimulus if needed

WASHINGTON — Federal Reserve Chairman Ben Bernanke said Wednesday that the central bank is prepared to provide additional stimulus if the economic lull persists. Delivering his twice-a-year economic report to Congress, Bernanke laid out three options the central bank would ...

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New govs take office amid historic budget crisis

NEW YORK — Twenty-six new governors will take office amid the worst budget climate for states in a generation. Many of them are promising not to raise taxes, even though states face a cumulative budget shortfall of $140 billion next ...

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C. Fraser Smith: Obama in the briar patch

Have Republicans thrown President Barack Obama into the briar patch? Have they done just what he wanted them to do — make it possible to give the economy the stimulus it would not get in the new, deficit-preoccupied Congress? He’s ...

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Stocks, bond yields rise as Fed continues stimulus

NEW YORK — Bond prices are falling sharply after the Federal Reserve said it would continue the pace of its stimulus plan because the economy is not growing quickly enough to bring unemployment down. The yield on the benchmark 10-year ...

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