US Economy Grew at 33% Rate in Q3 but Recovery Slowing

WASHINGTON — The U.S. economy grew at a record 33.1% annual rate in the July-September quarter but has yet to fully rebound from its plunge in the first half of the year — and the recovery is slowing as coronavirus cases surge and government aid dries up. T...
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IMF: Global Economy Will Suffer Worst Year Since Depression

WASHINGTON — Beaten down by the coronavirus outbreak, the world economy in 2020 will suffer its worst year since the Great Depression of the 1930s, the International Monetary Fund says in its latest forecast. “The world has been put in a great lockdown. Thi...