stimulus

Chinese inflation figures were reported Tuesday night. The Chinese consumer price index came in at 5.5% while China's producer price index came in at 5.0%. Analysts had been expecting 5.5% for CPI and 5.8% for PPI, so the figures were together slightly better than expectations. China's drop in...

The Obama administration recently announced just over $2 billion in grants and loan guarantees to help build and improve intercity passenger-rail service across the Northeast, Midwest and California. Fifteen states and Amtrak will receive $2.02 billion for 22 intercity passenger rail projects as...

In a sign that the part of the stimulus dedicated to broadband is starting to flow, Louisiana is receiving an $80 million federal grant for 900 miles of fiber optic cable, the AP reported today. It will expand the reach of broadband Internet to rural and poor areas of the state. U.S. Commerce...

Bloomberg Television did an hour special on Wed night, Feb. 17, 2010 on the federal stimulus spending, joining the chorus of news reports yesterday. The hour broadcast featured a more in depth analysis than most of the other news outlets aired. The consensus by liberal economists like Jared...

The SBA (Small Business Administration) has decided to use the approximately $730 million dollars allotted to it to drastically increase the number of small business loans on the market by 80%. Although several companies took advantage of two successful programs started by this stimulus package,...