· *US stocks dropped on Thursday after economic data detailed the US's biggest gross domestic product contraction on record.*
· *The country's economy shrank at an annualized rate of 33% in the second quarter, the Commerce Department announced Thursday. Economists expected a contraction of roughly 35%.*
· *Jobless claims...
Dow slides 310 points as US economy posts largest contraction in history
Business Insider
0 shares
1 views
You might like
Related news coverage
French GDP dropped at the fastest rate in history, contracting 14% in the second quarter — the latest European economy to reveal its pandemic pain
Business Insider
· *France posted a nearly 14% decline in output, a third consecutive quarterly drop for the economy, and the worst three month..
Advertisement
More coverage
These 25 investors are hunting for the next big fintech unicorn. Here's what founders should know before pitching them.
Business Insider
· Financial technology startups, commonly called fintech startups, seek to unseat some of the most powerful entrenched players..
Nigeria’s Energy Security Dilemma – Analysis
Eurasia Review