July 2020

TOP LINE The gross domestic product of the United States - the total value of all goods and services produced by the economy - fell at an annual rate of nearly 33% in the second quarter, the largest annualized decline in history, but this…

Rebecca Davis, who owns two women's fashion boutiques in Franklin, Tennessee, says revenue reached about 85% of normal levels when it reopened in late April after being closed for six weeks amid the pandemic of coronavirus.But sales slowed…

The unprecedented collapse the US economy suffered in the second quarter as the COVID-19 pandemic gripped the country will be laid bare Thursday, with a report expected to show a record 35% annualized drop in domestic product raw.As states…