Slump

Stocks Slump After McConnell Slams Schumer COVID Relief Rejection

Having dismissed the GOP’s bigger COVID Relief bill offer as “unacceptable”, Dem Leaders Schumer and Pelosi are getting panned by Senate Majority Leader McConnell as he shot back at them: *MCCONNELL SAYS DEMOCRATS MOVING GOALPOSTS ON AID BILL *MCCONNELL SAYS SCHUMER, PELOSI BRUSHING OFF GOP AID PROPOSALS *MCCONNELL SAYS DEMOCRATS NEED TO DECIDE TO MAKE…

Airlines On Track To Lose $157 Billion As Global Slump Worsens; IATA Chief Negative On ‘Immunity Passports’

Airlines are on track to lose up to $157 billion between this year and next year, according to the International Air Transport Association (IATA) – a sharp increase over their June projection of $100 billion in losses they made in June for the same period. The new projection includes a $118.5 billion deficit for 2020,…