Summer vacations used to mean wine tasting in Tuscany, backpacking in Southeast Asia, or trips to the Grand Canyon. But fears that planes could be a breeding ground for Covid-19 infections have wreaked havoc with the air transport industry. “This could take several years before we are in our new …
Read More »Cramer credits the Fed and Trump administration for the economic recovery
CNBC’s Jim Cramer said Thursday that the Federal Reserve and Trump administration’s economic response to the coronavirus pandemic has been critical to the recovery of American jobs and financial markets. “They threw a lot into the economy to make it work, and I think you could argue from that number …
Read More »Pence promises to ‘keep opening America’
Vice President Mike Pence promised Thursday that the Trump administration “will continue to open up the United States” despite a recent surge in coronavirus cases. Pence told CNBC’s “Squawk on the Street” that the White House will stick with state leaders “every step of the way as they continue to …
Read More »The increases in employment reflect ‘optimism in the country’
CNBC’s Jim Cramer said Thursday that massive job gains in June indicate confidence in the United States economy despite the coronavirus pandemic. “There is an optimism in the country that I think is often not shared with people on the air, and that is just because we don’t see the …
Read More »The next relief bill could include stimulus checks, job bonds.
Pedestrians in Washington pass a “We Are Open” restaurant sign during the Covid-19 outbreak on May 12. Jonathan Ernst | Reuters When it comes to the next coronavirus stimulus package and providing more direct financial aid, the question on the lips of most Americans is, “Will they or won’t they?” …
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