stimulus

Apple Inc. (NASDAQ:AAPL) reported an 11% decline in first-quarter revenue for Greater China to $18.51 billion, while CEO Tim Cook highlighted a new national consumer subsidy program that could impact future sales in the region. What Happened: During Thursday’s earnings call, Cook specifically...

Analysts see China as one of the biggest opportunities for apparel company Lululemon Athletica Inc (NASDAQ:LULU). With international sales hitting 50% of total revenue in the coming years, a stimulus in China could offer a potential catalyst to offset macroeconomic concerns. The Lululemon Athletica...

China’s Evergrande Group (OTC:EGRNQ) has been accused of massive fraud, with its founder Hui Ka Yan at the center of the controversy. The company’s onshore unit, Hengda, is alleged to have inflated its revenue by $78 billion, leading up to its default in 2020. What Happened: The China...

The Chinese economy has shown remarkable resilience, with a significant factory output and investment surge. This robust performance has raised questions about the necessity of further stimulus measures. What Happened: The National Bureau of Statistics reported a 7% increase in industrial output...

China is pulling out all the stops in response to the brewing storm within its real estate sector, aiming to prevent the cascading impact from reaching other sectors and economies. On a recent note, the world’s second-largest economy has issued a directive to prominent state-owned banks,...

In 2020, the Coronavirus Aid, Relief and Economic Act provided payments of $1,200 to eligible adults and another $500 for those with qualifying children. The CARES Act was the first of three rounds of stimulus payments for Americans since March 2020. The Tax Relief Act of 2020 in December 2020...

In 2020, the Coronavirus Aid, Relief and Economic Act provided payments of $1,200 to eligible adults and another $500 for those with qualifying children. The CARES Act was the first of three rounds of stimulus payments for Americans since March 2020. The Tax Relief Act of 2020 in December declared...

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Stimulus money in the pandemic has been a major factor behind the current boom in stocks and cryptocurrencies. In 2020, the Coronavirus Aid, Relief and Economic Act provided payments of $1,200 for eligible adults and another $500 for those with qualifying children. The CARES Act was the first of...

After a marathon overnight session and lots of political maneuvering, the U.S. Senate on Saturday passed President Joe Biden’s $1.9 trillion COVID-19 relief plan in a party-line vote. What Happened: The Senate voted 50-49, with no Republicans' support. Republicans had called for a...

The ability of members of U.S. Congress to buy and sell stocks has been controversial over the years. One of its most prominent members made some purchases in December that could benefit from the new Biden administration. What Happened: It was revealed over the weekend that Speaker of the...

Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about when they are managing and building their personal portfolios. This week we posed the following question related to how traders and investors plan to use...

California Governor Gavin Newsom proposed elements from the 2021-22 state budget on Tuesday that included a $4.5 billion stimulus for “Equitable Recovery for California’s Businesses and Jobs plan” to help California recover through the COVID-19 pandemic. Newsom called...

On Tuesday, the senate’s vote to increase the stimulus check from $600 to $2,000 was blocked by none other than Senate Majority Leader Mitch McConnell. This attempt to raise the stimulus check was not only proposed by Democrats, but is now supported by outgoing GOP President Donald...

Bitcoin and its strong performance has been one of the biggest investing stories of 2020. Investors continue to pour more money into cryptocurrency. Here’s how well bitcoin performed in 2020. Bitcoin Performance: Bitcoin has surged in price and hit all-time highs in December. Investors who...