Economic stimulus

File-This Thursday, June 6, 2019, photo shows the U.S. Treasury Department building at dusk, in Washington. The Treasury Department is projecting government borrowing of $947 billion in the current July-September period, which would be a record for the quarter but down from the all-time high of $2.75 trillion in this year's second quarter. Treasury officials announced Monday, Aug. 3, 2020, that the government also plans to borrow $1.22 trillion in the October-December period. (AP Photo/Patrick Semansky, File)
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August 03, 2020 - 3:49 pm
WASHINGTON (AP) — The Treasury Department is projecting government borrowing of $947 billion in the current July-September period, which would be a record for the quarter but down from the all-time high of $2.75 trillion in this year's second quarter. Treasury officials also announced Monday that...
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The buildings of the banking district are seen in Frankfurt, Germany, Thursday, July 30, 2020. The Federal Statistical Office will release 2nd-quarter German GDP (gross domestic product) figures on Thursday. (AP Photo/Michael Probst)
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July 30, 2020 - 6:51 am
FRANKFURT, Germany (AP) — Germany’s economy, Europe's largest, took a massive hit during the pandemic shutdowns, shrinking by 10.1% percent during the April-June period from the previous quarter as exports and business investment collapsed. It was the biggest drop since quarterly growth figures...
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A woman wearing a face mask stands beneath a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange in Hong Kong Tuesday, July 28, 2020. Shares advanced in Asia on Tuesday after U.S. stocks resumed their upward march on Wall Street, while the price of gold pushed to nearly $1,970 per ounce. (AP Photo/Vincent Yu)
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July 27, 2020 - 11:37 pm
MITO, Japan (AP) — Shares advanced in Asia on Tuesday after U.S. stocks resumed their upward march on Wall Street, while the price of gold pushed to nearly $1,970 per ounce. Benchmarks climbed in Hong Kong, Tokyo and Shanghai after the S&P 500 rose 0.7% overnight. Much attention will be focused...
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FILE - In this June 26, 2014 file photo, an inmate uses a phone at the Cook County Jail in Chicago. In July 2020, incarcerated people and their families said they are closely watching congressional debates about the next COVID-19 relief bill for proposed legislation that would drastically push down the cost of prison and jail phone calls. (AP Photo/Charles Rex Arbogast)
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July 22, 2020 - 7:20 pm
MINNEAPOLIS (AP) — Incarcerated people and their families said they are closely watching congressional debates about the next COVID-19 relief bill for proposed legislation that would drastically push down the cost of prison and jail phone calls. For years, they have advocated lowering rates that...
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German Chancellor Angela Merkel, left, and French President Emmanuel Macron walk onto the podium prior to a media conference at the end of an EU summit in Brussels, Tuesday, July 21, 2020. Weary European Union leaders finally clinched an unprecedented budget and coronavirus recovery fund early Tuesday, finding unity after four days and as many nights of fighting and wrangling over money and power in one of their longest summits ever. (John Thys, Pool Photo via AP)
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July 21, 2020 - 11:00 am
FRANKFURT, Germany (AP) — European leaders took a historic step towards sharing financial burdens among the EU's 27 countries by agreeing to borrow and spend together to pull the economy out of the deep recession caused by the virus outbreak. Pushed by Germany's Angela Merkel and France's Emmanuel...
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FILE - In this Friday, April 17, 2020 file photo, a health worker arrives to take a nose swab sample as part of testing for the COVID-19 coronavirus at a nursing and rehabilitation facility in Seattle. Nursing home residents are among the Americans getting $1,200 checks as part of the U.S. government’s plan to revive the economy in 2020. But with many long-term care facilities under lockdown to prevent COVID-19 outbreaks, what are the rules around how the money is handled? (AP Photo/Ted S. Warren)
1010 WINS Newsroom
July 04, 2020 - 9:30 am
NEW YORK (AP) — Nursing home residents are among the Americans getting $1,200 checks as part of the U.S. government’s plan to revive the economy. But with many long-term care facilities under lockdown to prevent COVID-19 outbreaks, what are the rules around how the money is handled? The situation...
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Outgoing French Prime Minister Edouard Philippe, left, applauds newly named Prime Minister Jean Castex, after the handover ceremony in Paris, Friday, July 3, 2020. French President Emmanuel Macron on Friday named Jean Castex, who coordinated France's virus reopening strategy, as the country's new prime minister as the country focuses on reviving an economy hard-hit by the pandemic and months of strict lockdown. (Thomas Samson, Pool via AP)
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July 03, 2020 - 1:26 pm
PARIS (AP) — The new French prime minister appointed Friday said he feels ready to face the key challenge of reviving France's economy following the damage caused by the coronavirus pandemic and a two-month nationwide lockdown. The relatively low-profile Jean Castex, who coordinated France’s virus...
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Democratic presidential candidate, former Vice President Joe Biden speaks at Alexis Dupont High School in Wilmington, Del., Tuesday, June 30, 2020. (AP Photo/Patrick Semansky)
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July 03, 2020 - 6:04 am
NEW YORK (AP) — The U.S. economy just posted its best single-month job gain in history. U.S. unemployment is at one of its worst points since the Great Depression. Both are true. As Republicans and Democrats fought to spin Thursday's jobs numbers to their advantage, both sides face tremendous...
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President Donald Trump swings a baseball bat during the Spirit of America Showcase at the White House, Thursday, July 2, 2020, in Washington. (AP Photo/Evan Vucci)
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July 02, 2020 - 11:44 pm
NEW YORK (AP) — The U.S. economy just posted its best single-month job gain in history. U.S. unemployment is at one of its worst points since the Great Depression. Both are true. As Republicans and Democrats fought to spin Thursday's jobs numbers to their advantage, both sides face tremendous...
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A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, June 26, 2020. Asian stock markets followed Wall Street higher on Friday after U.S. regulators removed some limits on banks' ability to make investments. (AP Photo/Ahn Young-joon)
1010 WINS Newsroom
June 26, 2020 - 4:09 pm
Stocks closed sharply lower on Wall Street as the number of confirmed new coronavirus cases in the U.S. hit an all-time high, stoking worries that the reopening of businesses investors have been banking on to revive the economy will be derailed. The S&P 500 fell 2.4% Friday. Texas and Florida...
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