Economic stimulus

FILE - In this May 8, 2019, file photo, New Zealand's Reserve Bank Governor Adrian Orr speaks to the media in Wellington, New Zealand. New Zealand's central bank on Monday, March 16, 2020 cut the benchmark interest rate to a record low 0.25%. The cut of 0.75% came outside of the bank's normal schedule for changing rates. The Reserve Bank of New Zealand said in a statement that the negative impact of the pandemic on the New Zealand economy will be significant. For most people, the new coronavirus causes only mild or moderate symptoms. For some, it can cause more severe illness, especially in older adults and people with existing health problems. (AP Photo Nick Perry, File)
March 16, 2020 - 10:56 pm
WELLINGTON, New Zealand (AP) — New Zealand's government said Tuesday it would spend billions of dollars supporting hard-hit companies as it tries to shore up an economy headed for recession because of the coronavirus. The stimulus package is equivalent to 4% of GDP. A large chunk of the new...
Read More
Firefighters disinfect a street against the new coronavirus, in western Tehran, Iran, Friday, March 13, 2020. The new coronavirus outbreak has reached Iran's top officials, with its senior vice president, Cabinet ministers, members of parliament, Revolutionary Guard members and Health Ministry officials among those infected. The vast majority of people recover from the new coronavirus. According to the World Health Organization, most people recover in about two to six weeks, depending on the severity of the illness. (AP Photo/Vahid Salemi)
March 15, 2020 - 6:55 am
TEHRAN, Iran (AP) — Iran has reported 113 more deaths from the coronavirus pandemic, bringing the country's death toll to 724 amid 13,938 confirmed cases. Iran has the worst outbreak in the Middle East and one of the worst outside China, where the virus first emerged late last year. The latest...
Read More
A trader walks at the Dubai Financial Market in Dubai, United Arab Emirates, Thursday, March 12, 2020. Regional stock markets were down, reflecting investor concerns and nerves felt globally as oil prices plunge and tourism revenue is eroded by the virus. The World Health Organization on Wednesday officially designated the outbreak a "pandemic." (AP Photo/Kamran Jebreili)
March 15, 2020 - 3:05 am
DUBAI, United Arab Emirates (AP) — The central bank of the United Arab Emirates, home to the skyscraper-studded city of Dubai, on Sunday announced a $27 billion stimulus package to deal with the economic effects of the coronavirus pandemic. The money will go toward supporting the country’s banks,...
Read More
Traders listen at the New York Stock Exchange to President Donald Trump's televised speech from the White House, Friday, March 13, 2020, in New York. (AP Photo/Mark Lennihan)
March 13, 2020 - 7:33 pm
NEW YORK (AP) — Wall Street roared back from its worst day in 30 years Friday with a broad rally that sent the Dow Jones Industrial Average nearly 2,000 points higher — its biggest point gain ever — after President Donald Trump declared the coronavirus pandemic a national emergency. Fueled by a...
Read More
Traders listen at the New York Stock Exchange to President Donald Trump's televised speech from the White House, Friday, March 13, 2020, in New York. (AP Photo/Mark Lennihan)
March 13, 2020 - 6:20 pm
NEW YORK (AP) — Wall Street roared back from its worst day in 30 years Friday with a broad rally that sent the Dow Jones Industrial Average nearly 2,000 points higher — its biggest point gain ever — after President Donald Trump declared the coronavirus pandemic a national emergency. Fueled by a...
Read More
Traders listen at the New York Stock Exchange to President Donald Trump's televised speech from the White House, Friday, March 13, 2020, in New York. (AP Photo/Mark Lennihan)
March 13, 2020 - 5:49 pm
NEW YORK (AP) — Wall Street roared back from its worst day in 30 years Friday with a broad rally that sent the Dow Jones Industrial Average nearly 2,000 points higher — its biggest point gain ever — after President Donald Trump declared the coronavirus pandemic a national emergency. Fueled by a...
Read More
Traders listen at the New York Stock Exchange to President Donald Trump's televised speech from the White House, Friday, March 13, 2020, in New York. (AP Photo/Mark Lennihan)
March 13, 2020 - 5:22 pm
NEW YORK (AP) — Wall Street roared back from its worst day in 30 years Friday with a broad rally that sent the Dow Jones Industrial Average nearly 2,000 points higher — its biggest point gain ever — after President Donald Trump declared the coronavirus pandemic a national emergency. Fueled by a...
Read More
Stock trader Thomas Lee works at the New York Stock Exchange, Friday, March 13, 2020. Stocks are opening sharply higher on Wall Street a day after the worst drop since 1987. (AP Photo/Mark Lennihan)
WBEN Newsroom
March 13, 2020 - 4:52 pm
NEW YORK (AP) — Wall Street roared back from its worst day in 30 years Friday with a broad rally that sent the Dow Jones Industrial Average nearly 2,000 points higher — its biggest point gain ever — after President Donald Trump declared the coronavirus pandemic a national emergency. The Dow's gains...
Read More
Stock trader Thomas Lee works at the New York Stock Exchange, Friday, March 13, 2020. Stocks are opening sharply higher on Wall Street a day after the worst drop since 1987. (AP Photo/Mark Lennihan)
March 13, 2020 - 3:52 pm
NEW YORK (AP) — Stocks have clawed back some of their recent losses at the end of a brutal week of selling. The gains Friday came in another day of turbulent trading fueled by heightened fears of a global recession from the coronavirus. Thursday's drop was the worst for the U.S. market since the...
Read More
Stock trader Thomas Lee works at the New York Stock Exchange, Friday, March 13, 2020. Stocks are opening sharply higher on Wall Street a day after the worst drop since 1987. (AP Photo/Mark Lennihan)
March 13, 2020 - 2:38 pm
NEW YORK (AP) — Stocks clawed back some of their recent losses Friday at the end of a brutal week of selling as the spreading coronavirus heightened fears of a global recession. The gains, which came in yet another day of turbulent trading, followed the worst slide for the U.S. market since the...
Read More

Pages