While retail sales have mostly rebounded to pre-crisis levels and the stock markets remain buoyant, business leaders and economists still see serious cause for concern. Important parts of the economy — including live sports, movie theaters and many tourist attractions — remain largely shuttered. Air travel had been on the rise, with the Transportation Security Administration reporting a steady increase in passengers at American airports. But Ed Bastian, the chief executive of Delta Air Lines, suggested that momentum had sputtered in recent days. “We will need to open up, but it has to be done safely and properly,” said Jamie Dimon, chief executive of JPMorgan Chase.

Source: International New York Times July 20, 2020 09:00 UTC