Trump indicates he had political motivations for blocking Fauci's testimony, after the White House said the doctor was too busy to go before the House.
Household debt balances through March totaled $14.3 trillion, a 1.1% increase from the previous quarter and now $1.6 trillion clear of the previous nominal high of $12.7 trillion in the third quarter of 2008 during the financial crisis,
AMC Networks said it estimates advertising revenue will drop about 30% in the second quarter as marketers pull or delay spending as the coronavirus delays show production.
Cuomo, a Democrat whose state is the U.S. epicenter for the outbreak, sharply criticized the partisan rhetoric from Trump, who said he's opposed to sending federal emergency aid to states.
Mayor Bill de Blasio said Trump's "a pure hypocrite" for saying he's not inclined to bail out states, especially those run by Democrats, but is helping big businesses.
While the experts acknowledged that they didn't have a crystal ball, they all agreed that it would take around 18 to 24 months before there's a significant spike in demand and the industry begins to return to normal levels. In the meantime, the travel industry will undergo some very big changes.
Trump has refused to wear a mask for coronavirus protection in recent weeks despite federal guidance calling for Americans to wear one when in public amid the Covid-19 pandemic.
President Trump has invoked a Korean War-era law to fight the coronavirus pandemic. The Defense Production Act gives the president extraordinary powers over the U.S. economy, which supporters of the move say is necessary to contain the disease.
Despite the "unexpected and unprecedented times" due to Covid-19, the company, said Tuesday that it and French automaker PSA Group "remain committed" to a previously announced merger of equals.
"Wherever you turn, you're going to be offered a face covering, and it's going to be on an ongoing basis for weeks to come to make sure everyone has what they need," de Blasio said Monday.
The U.S.-based company, which is working alongside German drugmaker BioNTech, said the first human participants in the United States have been dosed with the potential vaccine, BNT162.
Among the latest disputes between the U.S. and China is the origin of the coronavirus, which has infected more than 3 million people and killed over 250,000 globally, data by Johns Hopkins University showed.
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