Sentences with phrase «as federal stimulus»

So when the Empire State cut support to districts by $ 1.2 billion simultaneously as federal stimulus dollars were running out, it hurt.

Not exact matches

Just as he did this week, he'll now regularly share headline space with Bank of England Governor Mark Carney, and Federal Reserve Chairman Ben Bernanke, as all three grapple with the ongoing task of economic stimulus in the wake of the 2008 - 09 financial crisis.

While Twitter's debut likely helped send shares of Facebook Inc. down, the overall tech industry also took a hit as the markets pulled back from record levels on worries that the Federal Reserve could soon start curtailing its economic stimulus program.

While the actual economies of Canada and the U.S. aren't faring particularly well, so long as the U.S. Federal Reserve maintains its stimulus program, stock markets will tick higher.

Retail sales rose less than expected in June, the latest sign of a slowdown in economic growth that offers a cautionary note to the Federal Reserve as it mulls scaling back its monetary stimulus.

When I interviewed him in Nashville, he chided his gubernatorial colleagues for relying too heavily on federal stimulus money, saying, «An awful lot of states took that money and treated it as continuing money and not like one - time help.»

The greenback may lag further against its peers in 2018 as investors expected other major central banks to reduce their stimulus while the Federal Reserve has signaled it would raise interest rates further, analysts said.

Given that the Federal Reserve was tapering from its bond - purchasing stimulus program (otherwise known as quantitative easing), Doll said, you had to be crazy bearish to not believe interest rates would fail to reach 3.5 % in 2014.

The withdrawal of Federal Reserve stimulus and attendant normalization of interest rates is also a hot topic — as is the bloodbath in emerging markets — while many are coming around to the notion that the American economy just can't grow like it used to anymore.

As an ex-officio member to the Federal Reserve Board, Mellon favored interest rate hikes to help curtail speculation in 1929 and was against stimulus packages.

Central banks are eyeing the stimulus exit door, with the Federal Reserve planning to begin unwinding its $ 4.5 trillion balance sheet as early as next month.

WASHINGTON (Reuters)- The Federal Reserve could begin reducing the size of its bond - buying stimulus program as early as September but might wait longer if economic growth fails to pick up in the second half of the year, a top Fed official said on Tuesday.

The initial $ 220 million investment in the fiber optic system was funded, in part, by a $ 111.6 million federal grant provided as part of the federal stimulus program in 2010 designed to spur jobs and the development of a smarter electric grid.

For state and local governments, the statutory requirements for balanced budgets meant that fiscal policies turned restrictive relatively quickly once budget surpluses and rainy day funds were exhausted, and this was only temporarily mitigated by federal transfers to the states as part of the initial fiscal stimulus program.

In the past, many economists and analysts predicted a sharper rise in long - term interest rates, as the Federal Reserve began to scale back its bond - buying stimulus program.

Also, as investors have come to expect more stimulus, or in the case of the Federal Reserve a glacial tightening pace, it becomes more difficult to provide a positive surprise.

Bank of America Merrill Lynch raised a total of $ 2.6 billion in investment banking fees in the US last year, when it benefited from a boom in junk bond underwriting as corporate issuers rushed to take advantage of low rates ahead of the Federal Reserve's plans to withdraw stimulus measures.

As central banks, of which the Federal Reserve is the foremost, manage the exit of their monetary stimulus, investors should be wary of the associated risks.

-LRB-...) After years of unprecedented monetary stimulus propping up the world's financial markets, investors are now confronting the reality of an end to the Federal Reserve's bond - buying program, which, as expected, the central bank reduced by another $ 10 billion on Wednesday.

They also interpreted statements from the US Federal Reserve around that time as indicating that the Fed was increasingly concerned about the possibility of deflation in the US economy and that it might buy long - term bonds to add to monetary stimulus.

But as a protectorate, and not a state, Puerto Rico can not file for bankruptcy and be eligible for a federal stimulus package, according to the Times.

With so much monetary stimulus currently on offer, it's no surprise that we have seen a recent surge in stock prices worldwide; stimulus that was reaffirmed again today as US retail sales came in below expectations, easing concerns that the Federal Reserve would begin tapering as early as September.

As the U.S. economy improves, the Federal Reserve will start to reduce the monetary stimulus program that has buoyed markets.

Global stock markets turned cautious Monday as investors waited for the U.S. Federal Reserve's monthly meeting for clues on when the central bank will start reducing its monetary stimulus.

Manhattan's Senior Planet began as part of a federal stimulus grant and is now supported by the New York City government.

The gutting of America's capitol press corps comes just as a large portion of the federal stimulus package becomes the responsibility of state governments.

Oneida County Executive Anthony J. Picente, Jr. and Utica Mayor David Roefaro today announced that the City of Utica will receive a $ 2 million grant as part of the federal stimulus package, opening a new chapter in the county - city partnership to reduce lead exposure in the City of Utica by funding efforts to abate lead in some 190 rental and... Read more

As training money from the federal stimulus package opens new possibilities for Mohawk Valley workers looking for the skills that will be in demand when the economy recovers, Mohawk Valley Community College is offering area residents an opportunity to learn about exciting programs that can be the first step in a new career.

Remaining federal stimulus funding and rainy - day reserves in many districts could absorb the education cuts, Cuomo said, as well as wage freezes or benefit contributions.

Oneida County Executive Anthony J. Picente, Jr., today voiced strong support for a proposal by Senator Charles Schumer to have county governments in New York State receive direct funding from the federal government as part of additional Medicaid funding for New York that will be included in the upcoming federal stimulus package.

«As the 2nd most conservative member of the New York State Assembly in rankings by the New York State Conservative Party and the # 1 Legislator in scoring by Unshackle Upstate, a New York reform organization, I know we need to slash federal spending, balance the budget, end the bailouts, take leftover money from the Obama stimulus package to pay down the deficit and support repealing Obamacare.

ALBANY, N.Y. — As the Paterson administration starts to dole out $ 24.6 billion in federal economic stimulus money, good - government groups and some legislators warn projects are being chosen in secret...

He hadn't previously applied for the federal stimulus bonds, as Ground Zero isn't included in any of the zones for which they were originally intended.

In the American Recovery and Reinvestment Act of 2009 — otherwise known as the stimulus bill — the NSF received $ 15 million of federal funds to create more PSM programs and to improve those that already exist.

The total 2010 budget for the department as a whole would grow to $ 26.3 billion from $ 24 billion in 2008; the projection for 2009 is $ 33.9 billion, plus a whopping $ 39 billion for energy programs under the stimulus package recently passed and $ 1.6 billion for the Office of Science, which federal bureaucrats plan to spend primarily on building scientific facilities.

Soon, the approximately 130 PSM programs will likely be joined by dozens more, as the U.S. National Science Foundation (NSF) prepares to issue an announcement — expected later this month — of grants for establishing PSM programs with federal stimulus funds.

The fallout from the 2009 legislative session continues in state court, as Gov. Sanford and lawmakers battle over whether South Carolina will accept $ 700 million in federal stimulus money that would help pay teachers» salaries and fund public safety.

The budget challenges Mr. Duncan foresaw are now reality: States and districts face tough decisions about education spending as revenue declines and federal stimulus spending dries up.

The New York City - based Foundation Center has launched a Web portal to help the philanthropic community leverage federal education dollars, particularly the new grants available as part of the economic - stimulus package.

The latest example: Michael Fletcher, writing for the Washington Post on Tuesday, who misleads his readers with the following: «The $ 4.35 billion effort was enacted last year as part of the $ 787 billion economic stimulus plan, marking one of the largest federal expenditures ever on the nation's public schools.»

In the last three months of 2009, the education portion of the federal economic - stimulus program paid for 329,551 school - related jobs, such as teachers, librarians, and counselors, according to the latest reports that states and school districts filed with the U.S. Department of Education.

Construction bonding authority — a technical, and often obscure, source of capital funding for school districts — has emerged as a hot ticket for those looking to finance school facilities work under the federal government's economic - stimulus program.

As a result of this legislation, over 350,000 education - related jobs were saved, state governments devised ambitious plans to compete for $ 4 billion in «Race to the Top» grants, and the federal government put forth solutions to the problems faced by the nation's weakest schools But the long - term impact of the stimulus money is much more unclear, according to a nationwide review led by the Hechinger Institute on Education and the Media and the Education Writers Association.

This year's report also features a special analysis by the Editorial Projects in Education Research Center, which tracks several key economic indicators over time, unpacks education funding tied to the federal American Recovery and Reinvestment Act, and identifies education - related jobs saved as a result of the economic stimulus package.

As recent news reports have detailed, over half of the jobs created or saved by the federal stimulus package (325,000 out of 640,000 jobs) have been in public education.

Amid fanfare around the billions of dollars being delivered to schools through the federal economic - stimulus package, members of the National Conference of State Legislatures are warning that the education agenda being pushed by the Obama administration is shaping up to be just as prescriptive and intrusive as the 8 - year - old No Child Left Behind Act.

July 16, 2009 Gov. Charlie Crist keeps hailing the federal stimulus package as a magic job - saver — on Wednesday he pointed to $ 2 billion of the money helping 26,000 teachers stay employed in Florida.

The Race to the Top initiative, initially financed through the 2009 federal economic - stimulus legislation, gave Democrats the political cover to push for priorities such as expansion of charter schools, alternative teacher training, and teacher performance evaluations tied in part to students» academic gains — issues that previously had been associated most closely with Republicans.

School districts are getting extra Title I money this year as part of the federal stimulus package, so that will help eligible schools meet the new requirements.

Federal stimulus funds helped plug in gaps primarily by saving as many educators» jobs as possible — but it was still not enough money to keep pace with the growing numbers of schoolchildren coming into North Carolina classrooms, in particular with regard to classroom supplies.