economic stimulus package

Ask the US government if the recession is ending and you’ll hear a resounding yes as the Obama administration rushes to claim an early victory.

Naysayers however point to the massive US debt and the 10% unemployment rate as signs that, even with the economic stimulus package, we still have a long way to go.

President Barack Obama has said the G20 group of leading and emerging nations has agreed to keep a trillion dollar economic stimulus package going until jobs return.

CVB Financial Corp. said Monday it launched an offering for about $115 million in common stock to buy back preferred stock and warrants sold to the federal government as part of the economic-stimulus package.

Fueled by a massive economic stimulus package and aggressive bank lending, China’s economic output was 7.9 percent higher in the second quarter than a year ago.

Bethesda, MD (PRESS RELEASE - June 21, 2009) — The Interface Financial Group (IFG), North America’s largest alternative funding source for small business, offers the added service of invoice factoring to companies signing up for a loan with the new American Recovery Capital (ARC) program, to help small businesses survive the current economic storm.

ARC encourages small businesses to take out interest-free loans of up to $35,000 that are provided by commercial lenders and 100 percent backed by the Small Business Administration (SBA).

"Buy American" provisions in the U.S. economic stimulus package will cost jobs in both Canada and the United States, Canada's U.S. ambassador and a group of U.S. businesses said on Tuesday.

President Obama said that he expected his economic stimulus package to save or create an additional 600,000 jobs this summer.

Despite some successes, deals involving state and local infrastructure are slowing, in part because of the financial crisis and the economic stimulus package.

The federal government has paid out less than 6 percent of the $787 billion economic stimulus package, largely in the form of social service payments to states.

(PRESS RELEASE - FEBRUARY 24, 2009) - JE Financial Services, a bookkeeping training and services company, has launched a new eWorkshop to educate small business owners about proper bookkeeping for tax purposes.

“Simplified Bookkeeping for the Tax Season” is a one hour educational program for contractors, construction companies, and incubators, which offer small business owners the opportunity to have a better understanding of how bookkeeping impacts their taxes.