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US manufacturers are seeing the first hints of a tentative recovery but conditions for the industry were nonetheless terrible in May, according to an industry survey released Monday.

Like a global tsunami, the coronavirus pandemic has caused a huge loss of life and taken a massive economic toll.

The Trump administration on Sunday termed the second phase of an emergency job-saving program a success, with more than $175 billion in loans already issued to

US home sales fell sharply last month as shutdowns to contain the coronavirus pandemic were implemented, according to industry data released Tuesday.

The World Bank on Thursday approved the first steps in a plan to roll out $160 billion in emergency aid over 15 months to help countries deal with the impact of the global coronavirus

The widespread damage to the US economy is becoming evident amid the standstill forced by the coronavirus pandemic, and data Thursday will reveal more of what

"I think the patient is stabilised," then US president Barack Obama declared after G20 powers prescribed unprecedented remedies to steady the crisis-wracked world economy just over a

The coronavirus outbreak has already disrupted travel and access to goods for US industry, and businesses nationwide sounded the warning that things could get

More than 100 IMF members have pledged to provide $334 million in debt relief for Somalia, which then will unlock fresh funds to help the country, the International Monetary Fund announced

In the best-case scenario, the economic hit from the epidemic in China will be short-lived, but it comes as the global economy remains fragile, IMF chief Kristalina