You Searched For "stimulus" and got 20 results
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2 mins read
The US could give homeowners a $980 billion stimulus at no additional cost, 'Oracle of Wall Street' says
"As early as this summer, a proposed move could begin to unleash almost $1tn into consumers' wallet…
Filip De Mott
2 mins read
Russia's war-driven economic growth is a mirage, and more sanctions are needed to keep pressure on, European finance ministers say
"When taking a closer look at the signals, it becomes clear that everything is not as rosy with the…
Filip De Mott
2 mins read
China released a 22,000-character plan for its economy that doesn't say very much
David Lubin, a senior research fellow of global economy and finance at Chatham House, said the plen…
Huileng Tan
2 mins read
Why a recession will strike in 2025, according to a veteran economist
The Fed deserves an "F" grade for its monetary policy over the past few years, top economist Steve …
Jennifer Sor
2 mins read
Chinese consumers aren't buying enough stuff, and it's taking a toll on the economy
Beijing framed China's second-half growth positively but acknowledged "insufficient" domestic deman…
Huileng Tan
2 mins read
Companies are going bankrupt at the fastest pace since the pandemic
Bankruptcy filings this year are at the highest level in 13 years for this time of year, S&P Global…
Filip De Mott
3 mins read
The most immediate threat to China's economy isn't external. It's internal.
On Monday, Beijing released new data that underscores the scale of China's domestic consumption pro…
Huileng Tan
2 mins read
Elon Musk predicts universal basic income will take off once AI replaces workers. Read his 8 best quotes about UBI.
The Tesla and SpaceX chief predicts a "universal high income" as AI replaces workers, giving them m…
Theron Mohamed
2 mins read
Americans' spending patterns are flashing a warning of a possible consumer-led recession
Consumers are pulling back on discretionary purchases, a sign that their stimulus-fueled shopping s…
Jennifer Sor
10 mins read
From ALICEs to geriatric millennials: Your complete guide to America's weird new tribes
Keep mixing up your DIPS and DINKs? You've come to the right place.
Erin Snodgrass,Jacob Zinkula
8 mins read
America's poverty line is letting millions slip through the cracks here's how we could fix it
Many Americans are struggling financially but don't qualify for aid because they technically make a…
Juliana Kaplan,Noah Sheidlower,Allie Kelly
5 mins read
Welcome to the age of geriatric millionaires
Millionaires have been getting older, and holding onto their wealth for longer. It's creating a Kin…
Juliana Kaplan
2 mins read
Europe's central bank cuts interest rates for first time in 5 years
The European Central Bank announced it would lower its benchmark interest rate from 4% to 3.75%, ma…
Theron Mohamed
3 mins read
New Mexico experimented with a basic income program that gave $500 a month to immigrant families. They used the money to pay rent and secure jobs.
New Mexico gave households with mixed citizenship status $500 a month for a year. Participants saw …
Allie Kelly
2 mins read
Recession is still a real threat, Jamie Dimon and David Solomon warn
Don't assume inflation will fade, interest rates will fall, and the economy will escape a recession…
Theron Mohamed
7 mins read
Over 100 basic-income pilots have run in US cities. Now states are getting creative to fund no-strings-attached cash payments.
The success of over 100 local GBI pilots in the US provides insight into future state-level policy.
Allie Kelly
2 mins read
Meet the HIFIs: Their obsession with luxury will tank them
HIFIs are predominantly made up of millennials and Gen Zers who want to exude quiet luxury but can'…
Allie Kelly
2 mins read
'The economy and stock market have never seen anything like this': There's an unprecedented number of recession signs flashing, veteran strategist says
The next recession has likely been postponed by the trillions of dollars of stimulus spent during t…
Jennifer Sor
7 mins read
Meet the millennials who made all the right money moves in the pandemic economy and are suddenly wealthy
Millennials' average wealth doubled in the last four years, leaving some surprised to realize that …
Juliana Kaplan
2 mins read
A recession in early 2025 could send the stock market tumbling 30%, strategist says
A recession in late 2024 or early 2025 could send the S&P 500 tumbling to around 3,600, BCA's Rouka…