Tag: money

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Airlines are begging for a bailout, but they've used 96% of their cash on stock buybacks over the past 10 years. 

Airlines are begging for a bailout, but they’ve used 96% of their cash on stock buybacks over the past 10 years. 

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The Trump administration has proposed $50 billion of emergency aid for airlines ravaged by widespread cancellations amid the coronavirus pandemic. But critics are deriding it as a bailout to an industry that made bad financial decisions. Resistance to the plan emerged among Democrats and even some Republicans. They’re concerned that extra money … Continue reading Airlines are begging for a bailout, but they’ve used 96% of their cash on stock buybacks over the past 10 years. 

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Don’t look to the Fed for help on the coronavirus — Congress has the money and power - MarketWatch

Don’t look to the Fed for help on the coronavirus — Congress has the money and power – MarketWatch

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The U.S. needs protection for households — that families are not foreclosed on or evicted, that they have income to weather the storm, that credit scores aren’t ruined, that kids are not denied school lunches. It’s not about lowering interest rates, it’s about making sure Americans who are living paycheck to paycheck … Continue reading Don’t look to the Fed for help on the coronavirus — Congress has the money and power – MarketWatch