Fox Business - The Power to Prosper
Search Site

Wednesday, April 7, 2010 as of 11:14 AM ET

Stimulus Package

More Headlines »« Less Headlines

*For general stimulus packages, see Fiscal policy.

Read More at Wikipedia ›

Related Topics

  1. Federal Reserve
  2. The New Economy: What's Working
  3. Business Plans
  4. Chrysler
  5. Dollar General
  6. Central Bank
Get updates on Stimulus Package
Defaults On Brazil Auto Loans Reach Record High In April

Defaults on auto loans in Brazil reached a record high in April as consumers struggled to pay down loans from previous years, the central bank reported Friday.

The central bank said that loans past due for more than 90 days on auto-financing contracts rose to 5.9% in April from 5.7% in March.Bank officials said the increase in the delinquency rate was part of a trend that began with eased credit conditions and tax incentives from past government economic stimulus efforts."The high default rate on auto-purchase loans reflects the credit harvest of 2010," noted Central Bank Economics Department Coordinator Tulio Maciel.In response to the repercussions of a global financial crisis in 2008 and 2009, Brazil's government cut the country's IPI industrial products tax by between 50% and 100% on selected models of vehicles, encouraging a rush of consumers to make new auto purchase loans. The central bank at the time had also cut the country's benchmark Selic interest rate to an all-time low of 8...

Read More ›

  1. Can the President Continue to Defend Recovery Effort?

    FNC’s Juan Williams argues the president can use his recovery plan as part of the 2012 re-election campaign.

  2. Jerry Springer: Stimulus Wasn’t Anywhere Near Large Enough

    Talk show host Jerry Springer on the anger of European voters and what the government needs to do to help boost job growth.

  3. RBS Cuts 2012 Gold Forecast; Sees PGMs Outperforming

    Royal Bank of Scotland PLC (RBS) Friday reduced its outlook for gold prices this year, the latest in a line of banks to pare back their price expectations on the yel...

  4. Lies, Damned Lies and Government Jobs Data

    There is lots of talk about the "fiscal cliff" the U.S. faces at year end, as stimulus and tax cuts go away.So the last thing the government needs now is market dist...

  5. Germany's Merkel Against Stimulus But Wants Growth - Report

    German Chancellor Angela Merkel opposes an economic stimulus program to boost the European economy, instead favoring reforms and increasing the European Investment B...

  6. Obama’s Policies Moving the Economy Backward?

    FBN’s Gerri Willis on the impact on the economy of Obama’s policies.

  7. Apple Uses Legal Accounting Rules to Avoid Taxes

    FBN's Liz MacDonald weighs in on Apple's tax strategy.

  8. Volvo Raises Its 2012 Forecast For Heavy Trucks In Europe

    ("Volvo Raises Its 2012 Forecast For Heavy Trucks In Europe," at 0735 GMT, omitted European in the second paragraph, and misstated the year-ago net profit figure in ...

  9. Retail Investors Getting Out of Stock Mutual Funds?

    FBN’s Charlie Gasparino on retail investors getting out of stock funds and the impact on the markets.

  10. The Myth of Government Job Creation

    Florida State Economics Professors Jim Gwartney and Joe Calhoun argue government can’t create jobs.

  11. Spirit AeroSystems Sees Wichita Operations Idled 'At Least' Through Tuesday

    Spirit AeroSystems Holdings Inc. (SPR) said production at its Wichita facilities would remain idled "at least" through Tuesday as it continued to assess damage susta...

  12. Gold Ends 1.2% Higher On Dollar, Dovish Fed Talk

    Gold futures rallied Thursday, buoyed by a lower dollar and dovish comments by two U.S. Federal Reserve officials, who kept alive investors hopes for another round o...

  1. Obama’s Fuzzy Math on the Administration’s Spending

    WSJ Senior Economics Writer Stephen Moore on the federal government’s spending under the President.

  2. Obama’s Spending Binge: Fact or Fiction?

    FBN’s Lou Dobbs breaks down the federal government’s spending under the Obama Administration.

  3. GLOBE & MAIL: Canadian Pacific Facing Strike Action

    Of THE GLOBE AND MAILTORONTO (Globe and Mail)--Canadian Pacific Railway Ltd. (CP.T) is facing a strike by 4,800 employees on Wednesday, posing the first major test f...

  4. Disaster Happens, How to Protect Your Business

    Disasters can strike at any time, which is why having a disaster recovery plan can mean the difference between a small business going under or staying afloat. Whethe...

  5. JPM's Negative Impact on Financial Markets

    Weldon Financial CEO Greg Weldon breaks down the bigger picture issues when it comes to J.P. Morgan's investment blunder and the European markets.

  6. Forgive Student Loan Debt to Provide Relief?

    Rep. Hansen Clarke argues the Student Loan Forgiveness Act will give relief to students not able to make payments and create jobs.

  7. Impact of Potential Defense Cuts on the Military

    Rep. Randy Forbes, (R-Va.), on how potential defense cuts will impact the military and national security.

‹ Prev12345…Next ›
Freebase CC-BY
Source: Stimulus Package on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL