International

US economy shrank at record-breaking 33% rate last quarter

A man walks past a retail store that is going out of business due to the coronavirus pandemic in Winnetka, Ill., Tuesday, June 23, 2020. More than 1.4 million laid-off Americans applied for unemployment benefits last week, reported Thursday, July 30, further evidence of the devastation the coronavirus outbreak has unleashed on the U.S. economy. (AP Photo/Nam Y. Huh)

 

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