Topic: Economic Stimulus

Fewer Americans turned to the government for unemployment benefits last week than at any time since the 2008 meltdown, raising hope the economy is nearing cruising speed, as well as fears of another false start.New claims for jobless benefits fell to the ...

China to keep "appropriate" investment growth in 2012-planner

BEIJING (Reuters) - China will keep "appropriate" investment growth in 2012 to help underpin the economy amid the global downturn, the country's top economic planner said in comments published on Sunday."The key to maintain steady and relatively fast economic growth is expanding ...
The Philippines said Monday economic growth slowed to 3.2 percent in the third quarter for one of the worst performances in Southeast Asia, as tighter controls on government spending acted as a drag.Economic Planning Secretary Cayetano Paderanga said the economic woes in ...

Democrats to push $60 billion for construction jobs

WASHINGTON (Reuters) - Fresh from defeat over their latest economic stimulus plan, Democrats in the Senate pushed ahead on Friday with another proposal to create jobs -- a $60 billion infusion to rebuild aging infrastructure.The effort was already defeated once by Republicans, ...

Competing fiscal plans blocked in divided Senate

WASHINGTON (Reuters) - Senate Republicans and Democrats rejected each other's economic stimulus bills on Thursday, underscoring their inability to craft a bipartisan solution on job creation before next year's elections.All 47 Senate Republicans, joined by two of President Barack Obama's fellow Democrats ...

Republicans block popular piece of Obama jobs bill

WASHINGTON (Reuters) - Senate Republicans blocked a popular piece of President Barack Obama's stimulus plan -- one to raise taxes on millionaires to create or protect 400,000 jobs for teachers and firefighters.The vote was 50-50 on Thursday evening, 10 short of the ...

Obama seeks to put onus on Republicans over jobs

WASHINGTON (Reuters) - President Barack Obama urged Republicans on Saturday to stop picking "ideological fights" and focus instead on job creation efforts as he pressed Congress to begin voting next week piece by piece on his defeated jobs package.With an eye to ...

Chinese exporters hurting as EU crisis deepens

Wu Wenlong, a belt maker in China, has seen European orders slump 50 percent as the region's debt crisis hits demand for Chinese exports and threatens to tip major economies back into recession.While Zhejiang L.F. Gifts and Decoration Co. Ltd. has not ...

Starbucks launches job creation campaign

Coffee chain Starbucks on Monday told US customers their country needs them -- to help create jobs.The chain, omnipresent in many US cities, announced the launch of a donation drive, with proceeds being used to back loans for small job-creating businesses."Small businesses ...

Obama presses Republicans for jobs bill support

WASHINGTON (Reuters) - President Barack Obama urged Republican lawmakers on Saturday to spell out exactly what they can and cannot support in his $447 billion plan to create jobs, saying it was "time for Congress to get its act together."Obama, whose re-election ...
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