The deepening economic slump was underscored by other data on Friday that showed production at industries collapsed last month at its deepest pace in 101 years. The reports, combined with a historic 20.5 million job losses in April, buttressed Federal Reserve Chair Jerome Powell’s warning on Wednesday of an “extended period” of weak growth and stagnant incomes.
A group of barren, uninhabited volcanic islands near Antarctica, covered in glaciers and home to penguins,...
Gold has reached a record high while the yen has strengthened against the dollar and stock...
