Pelosi and Mnuchin Discuss Airline Aid as Broad Stimulus Plan Is ShelvedWith stimulus talks appearing dead, discussions for a stand-alone airline bill are renewed. “A long period of unnecessarily slow progress could continue to exacerbate existing disparities in our economy,” Mr. Powell said on Tuesday. Stocks on Wall Street rallied on Wednesday, the latest in a series of head-spinning turns for the market as investors gauged the prospect for more economic stimulus from Washington. —Advertisement Continue reading the main storyCatch Up: The World Economic Forum finds a new Davos. The World Economic Forum will move its annual meeting to Lucerne-Bürgenstock, Switzerland, from Davos, the Swiss ski resort.

Source: International New York Times October 07, 2020 09:07 UTC