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THE LATEST
US economic recovery won’t match speed of downfall

There are emerging signs that any recovery will fail to match the speed and severity of the economic collapse that occurred in just a few weeks.

 
6.6M file for benefits as job losses continue to surge

The number will likely keep rising, in part because many states are clearing out backlogs of applications for aid. And more companies are resorting to layoffs.

Asian stock markets show signs on Tuesday of bouncing back

Asian stock markets took a breather from recent steep declines on Tuesday, with several regional benchmarks gaining more than 1% after New York futures reversed on news that President Donald Trump plans to ask Congress for a tax cut and other quick measures to ease the pain of the virus outbreak.

Stocks plummet amid coronavirus fears and oil-price crash

Stocks took their worst one-day beating on Wall Street since the global financial crisis of 2008 as a collapse in oil prices Monday combined with mounting alarm over what the coronavirus could do to the world economy.