New York Fed President Williams says the economy won’t be back to ‘full strength’ by end of 2020
Areas such as construction should be the first to come back, John Williams told CNBC. U.S. News
Category: US News
Amazon to hire 75,000 more workers as demand rises due to coronavirus
Amazon is hiring additional workers after it filled more than 100,000 positions in the last month. U.S. News
Airlines should start hearing back about their bailout applications by Friday, Mnuchin says
Major airlines last Friday, including Delta, JetBlue, American, United and Spirit, said they had applied for federal aid aimed at covering payroll. U.S. News
Rocket startup Astra trims staff to survive pandemic until next year
San Francisco-area rocket builder Astra recently reduced its staff, a person told CNBC, in order to survive coronavirus delays. U.S. News
Wimbledon 2020 tennis championships canceled due to coronavirus
The 134th Championships will now be held between June 28 and July 11, 2021. U.S. News
The US economy has come to a standstill, satellite imagery shows
The coronavirus crisis is bringing the United States economy to screeching halt, as satellite imagery shows every sector getting hit. U.S. News
Coronavirus is disrupting the 2020 election. Here are the states that have postponed their primaries
The postponements are among the hardships plaguing former Vice President Joe Biden and Sen. Bernie Sanders as they compete amid an uncertain political landscape for the chance to take on President Donald Trump in November.…
Private jet industry — the transportation of choice for the wealthy — asks for bailout funding
The private-jet industry is asking Congress for bailout money, even as many private jet companies say sales are strong as wealthy flyers avoid commercial flights. U.S. News
Tesla begins Model Y deliveries, meeting expectations for the crossover SUV
Tesla CEO Elon Musk told shareholders on the company’s third-quarter earnings call that Tesla was “ahead of schedule on Model Y.” U.S. News
Trump’s European travel restrictions could drive some airlines out of business, trade group warns
Trump’s European travel restrictions could further strain airlines and drive some of them out of business, a trade group warned. U.S. News