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Economy takes major dip amid ongoing pandemic

The economic growth numbers are out for the first quarter of 2020, and they have taken a hit due to the ongoing pandemic. The US Federal Reserve has wrapped up crucial meetings where it decided to keep interest rates near zero. Plus, the airline industry could be facing a grim future as the pandemic creates turbulence but sales regulations are still lacking for those who continue to fly. Even flight attendants are discouraging people from leisure travel. Wednesday marks the 100th day since the first case of the coronavirus was detected in the US. Since then, more than a million people have tested positive across the country.

Economy takes major dip amid ongoing pandemic
The boom/bust cycle is as old as Western banking itself. Our hosts break through the mainstream headlines to find the stories that matter, and help you navigate the booms and the busts.