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Thursday, July 30, 2020

USA: COVID-19 crushes U.S. economy in second quarter; rising virus cases loom over recovery

The U.S. economy suffered its biggest blow since the Great Depression in the second quarter as the COVID-19 pandemic shattered consumer and business spending, and a nascent recovery is under threat from a resurgence in new cases of coronavirus.

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COVID-19 crushes U.S. economy in second quarter; rising virus cases loom over recovery