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March 29, 2020
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The US economy has come to a standstill, satellite imagery shows

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CNBC – For more and to sign up click here American Airlines planes parked in Tulsa, Oklahoma. American Airlines The coronavirus crisis is bringing the United States economy to a screeching halt, with every sector feeling the effects of most of the country’s workforce staying home. Satellite imagery combined with......
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Futures turn negative, stimulus bill agreement, Dow’s historic day

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CNBC – For more and to sign up click here Senate Majority Leader Mitch McConnell, R-KY, Mandel Ngan | AFP | Getty Images This is a live blog. Check back for updates 8:42 am: Bill Ackman exits market hedges, uses $2 billion he made to buy more stocks including Hilton Pershing......
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Best day since 1933 for Dow

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CNBC – For more and to sign up click here Speaker of the House Nancy Pelosi waits for U.S. President Donald Trump to arrive to deliver his State of the Union address to a joint session of the U.S. Congress in the House Chamber of the U.S. Capitol in Washington,......
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Dow futures up 900, ‘limit up,’ hope for a stimulus deal

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CNBC – For more and to sign up click here A trader works on the floor of the New York Stock Exchange in New York, the United States, March 18, 2020. Michael Nagle | Xinhua News Agency | Getty Images All eyes are on Congress to pass a much-needed stimulus......
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Talks on Senate stimulus bill continue, vote pushed to noon

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CNBC – For more and to sign up click here Steven Mnuchin, U.S. Treasury secretary, center, walks through the U.S. Capitol in Washington, D.C., U.S., on Monday, March 23, 2020. Al Drago | Bloomberg | Getty Images Democrats and Republicans on Monday continued negotiations over a massive stimulus funding package......
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Fed’s Bullard calls shutdown ‘massive investment in public health’

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CNBC – For more and to sign up click here About Covid19 signs are seen at the Times Square in New York City, United States on March 20, 2020. Tayfun Coskun | Anadolu Agency | Getty Images This is CNBC’s 24-hour blog covering all the latest news on the coronavirus......
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Airlines urge Congress for grants to fight impact

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CNBC – For more and to sign up click here Airplanes sit on the tarmac at John F. Kennedy Airport (JFK) on January 31, 2020 in New York City. Spencer Platt | Getty Images U.S. airlines on Saturday warned they will have to furlough workers unless Congress approves a $58......
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Delta warns second-quarter revenue to fall $10 billion because of coronavirus

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CNBC – For more and to sign up click here Delta’s first Airbus A350 in Atlanta. Leslie Josephs | CNBC Delta Air Lines CEO warned Friday that the airline’s second-quarter revenue will be down 80% — or $10 billion — from the same quarter a year ago because of coronavirus. Executives say demand......
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United warns of possible job cuts if government doesn’t act quickly on coronavirus aid

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CNBC – For more and to sign up click here United Airlines planes, including a Boeing 737 MAX 9 model, are pictured at George Bush Intercontinental Airport in Houston, Texas, March 18, 2019. Loren Elliott | Reuters United Airlines on Friday warned it could cut jobs if the U.S. government doesn’t......
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Trump would consider federal equity stakes in companies

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CNBC – For more and to sign up click here U.S. President Donald Trump speaks during a Coronavirus Task Force news conference in the briefing room of the White House in Washington, D.C., U.S., on Thursday, March 19, 2020. Yuri Gripas | Bloomberg | Getty Images President Donald Trump said......
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Futures hit ‘limit down,’ ETFs point to massive losses at the open

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CNBC – For more and to sign up click here Traders work on the floor of the New York Stock Exchange (NYSE) in New York. Brendan McDermid | Reuters This is a live blog. Please check back for updates. 7:38 am: Coronavirus update The deadly coronavirus that has roiled markets in......
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United warns of cash bleed, empty planes even after more schedule cuts

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CNBC – For more and to sign up click here A United Airlines plane sits parked at a gate at San Francisco International Airport on March 06, 2020 in San Francisco, California. Justin Sullivan | Getty Images United Airlines Holdings booked $1.5 billion less revenue in March than the same......
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American Airlines cuts international capacity by 75% as demand collapses

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CNBC – For more and to sign up click here American Airlines Boeing 777, departs Los Angeles International Airport in Los Angeles, California. FG | auer-Griffin | Getty Images American Airlines said Saturday it plans to cut 75% of its international flights through May 6 and ground nearly all its......
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Delta, pilot union agree on partially paid time off as coronavirus forces cuts

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CNBC – For more and to sign up click here A Delta Air Lines Boeing 777 James D. Morgan | Getty Images Delta Air Lines and the union that represents its more than 14,000 have agreed to let the carrier offer partially paid time off for aviators through June, and possibly......
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Airline stocks rebound on hopes for financial relief from the coronavirus impact

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CNBC – For more and to sign up click here An aircraft operated by British low cost airline Easyjet moves past other aircrafts as a rainbow is seen at Amsterdam Airport Schiphol on March 9, 2020 in Schiphol, Netherlands. Yuriko Nakao | Getty Images Shares of major U.S. airlines got......
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Dow up more than 700, Mnuchin says buying opportunity

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CNBC – For more and to sign up click here A trader works on the trading floor at the New York Stock Exchange, March 5, 2020. Andrew Kelly | Reuters This is a live blog. Check back for updates. 9:36 am: Treasury yields jump with 10-year rate nearly at 1% Treasury......
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Sell-off deepens, trading halted, S&P 500 heads for bear market

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CNBC – For more and to sign up click here Traders work on the floor of the New York Stock Exchange (NYSE) on March 09, 2020 in New York City. Spencer Platt | Getty Images This is a live blog. Check back for updates. 7:55 am: Airline stocks sink as Trump......
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Trump’s Europe travel ban is another blow to airlines

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CNBC – For more and to sign up click here People walk through a sparse international departure terminal at John F. Kennedy Airport (JFK) as concern over the coronavirus grows on March 7, 2020 in New York City. Spencer Platt | Getty Images President Donald Trump issued sweeping travel restrictions on......
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Sharp losses at the open, oil slides

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CNBC – For more and to sign up click here Traders work on the floor of the New York Stock Exchange, January 27, 2020. Spencer Platt | Getty Images This is a live blog. Check back for updates. 7:56 am: Travel stocks take a hit again Airline and cruise line stocks......
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Delta makes deep flight cuts as coronavirus hurts demand, pulls 2020 outlook

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CNBC – For more and to sign up click here A Delta Air Lines Boeing 767-300 landing in Amsterdam. Nicolas Economou | NurPhoto | Getty Images Delta Air Lines said Tuesday that it will make deep cuts throughout its network to cut costs as coronavirus drives down demand for air travel.......

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