"Our estimates suggest that expiration will result in large spending cuts, with potentially negative effects on both households and macroeconomic activity."
While the Nov. 3 election is still 3-1/2 months away, the flood of campaign contributions shows Democrats benefiting from voter discontent over Trump's responses to the coronavirus pandemic and race...
American, with more than 130,000 employees in 2019, had already warned that furloughs would be hard to avoid as pandemic-hit revenue remains more sluggish than the airline had hoped.
"The court finds that at least one of plaintiffs' claims has a likelihood of success on the merits, and that absent a preliminary injunction, plaintiffs will suffer irreparable harm."
The review comes after U.S. Representative James Clyburn, a South Carolina Democrat who is chairman of the Select Subcommittee on the Coronavirus Crisis, pressed the SBA watchdog in a letter...
Florida, which has become an epicenter of the new outbreak, reported 133 new COVID-19 fatalities on Tuesday, raising the state's death toll to more than 4,500.