Paul Wiseman and Martin Crutsinger

Government, Business

Manufacturing Falls in April as Virus Ravages Economy

Ford assembly line Machines work on an assembly line at Ford's Chicago Assembly Plant in 2019. (Amr Alfiky/AP)

WASHINGTON — U.S. manufacturing retreated again in April, a victim of economic fallout from the coronavirus outbreak.

May 1, 2020
Government, Business

IMF Predicts Global Economy Will Suffer Worst Year Since Depression

Frankfurt, Germany The buildings of the banking district are visible in Frankfurt, Germany. (Michael Probst/AP)

WASHINGTON — Beaten down by the coronavirus outbreak, the world economy in 2020 will suffer its worst year since the Great Depression of the 1930s, the International Monetary Fund says in its latest forecast.

April 14, 2020