By Jonnelle Marte (Reuters) – The economic toll of the coronavirus pandemic hit home for Americans last month, as consumers braced for job losses, anticipated spending cuts and grew more pessimistic about their ability to cover their bills, according to data released by the Federal Reserve Bank of New York on Monday. Expectations worsened dramatically […]
By Doina Chiacu WASHINGTON (Reuters) – Julian Castro, the grandson of a Mexican immigrant who became San Antonio mayor and a U.S. housing secretary, suspended his 2020 Democratic presidential run on Thursday after a candidacy overshadowed by more famous liberals. The departure of the only Latino from the campaign, a month or so ahead of […]
By David Shepardson and Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Steve Mnuchin said on Friday that taxpayers will “compensated” for providing up to $25 billion in direct grants to the airline industry. “I’ve been very clear this is not an airline bailout,” Mnuchin told Fox Business Network Friday. “It is support to the […]
