About: http://data.cimple.eu/news-article/31babfd8921be79f37a5d77ecc8388939150f671cd6b19adfe55d5f2     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

AttributesValues
rdf:type
schema:articleBody
  • Aides to top US lawmakers met on Thursday for yet another restart to talks on a new stimulus spending package to aid the economic recovery from the coronavirus downturn. The discussions, confirmed to AFP by a senior Democratic aide, come as Covid-19 cases surge nationwide and as the president of a regional Federal Reserve bank warned the United States could see growth contract again in the fourth quarter. The talks between the staffs of House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer, both Democrats, and Senate Majority Leader Mitch McConnell and House Minority Leader Kevin McCarthy, both Republicans, would address another pandemic relief package, the aide said. Lawmakers have negotiated for months on passing such a bill, but haven't come to terms on how much to spend and what to spend it on. Congress authorized the $2.2 trillion CARES Act in March as the pandemic arrived, but its provisions expanding payments to the unemployed and giving loans and grants to small businesses expired in recent months, and analysts fear a renewed slowdown. The US is home to the world's largest Covid-19 outbreak, with 157,950 new infections over the 24 hours prior to Wednesday, the same day that total deaths from the disease climbed above 250,000. President of the Dallas Federal Reserve bank Robert Kaplan told Bloomberg the resurgence in cases could send US growth back into the red in the October-December quarter. "If you'd asked me a month ago, I would have said we're going to grow in the fourth quarter, as much as four or five percent annualized, but... with this resurgence, I think the risks are all (to) the downside," he said. US growth cratered 31.4 percent in the second quarter as business shutdowns to stop the virus's spread took their toll, but rebounded 33.1 percent as states' moved to ease the shutdowns. cs/bgs
schema:headline
  • US lawmakers discuss stimulus again as Fed warns of growth slump
schema:mentions
schema:author
schema:datePublished
http://data.cimple...sPoliticalLeaning
http://data.cimple...logy#hasSentiment
http://data.cimple...readability_score
Faceted Search & Find service v1.16.115 as of Oct 09 2023


Alternative Linked Data Documents: ODE     Content Formats:   [cxml] [csv]     RDF   [text] [turtle] [ld+json] [rdf+json] [rdf+xml]     ODATA   [atom+xml] [odata+json]     Microdata   [microdata+json] [html]    About   
This material is Open Knowledge   W3C Semantic Web Technology [RDF Data] Valid XHTML + RDFa
OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 11 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software