Tag Archives: Coronavirus: Trade

Jerome Powell, chairman of the US Federal Reserve, speaks at a news conference after the Federal Open Market Committee (FOMC) meeting in Washington on February 29, 2020. Andrew Herrer | Bloomberg | Getty Images The Fed doesn’t expect inflation to rise for years, and is willing to keep rates at …

United Airlines said Wednesday it plans to cut more than 16,000 jobs early next month, following federal coronavirus aid protecting aviation jobs. These involuntary cuts, many of them furloughs, meaning employees could be called back if demand returns, make up about 17% of United’s staffing level by the end of …