Politics

The U.S. Economy Just Suffered Its Worst Ever Quarter With 32.9% Slump

RECORD-SMASHER

Commerce Department reports economy contracted by a shocking 32.9% annual rate in the second quarter; jobless claims rise as new infections surge in several states.

2020-05-01T000000Z_1951508145_RC2CFG9RUFK7_RTRMADP_3_HEALTH-CORONAVIRUS-JOBLESS_hcvgaf
Reuters / Nick Oxford

Got a tip? Send it to The Daily Beast here.