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The economy contracted a record this spring.

More than a quarter of the economic decline is due to reduced healthcare spending. Mario Tama / Getty Images Official government statistics are in and as you would expect, the economy shrank Tat this spring as we are all busy in our apartments. Gross domestic product dropped to a record high of 32.9 percent per year from April to June, …

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The sales of Dawn and Bounty hand towels grew rapidly.

Companies that make brands such as Tide Laundry Detergent, Dawn Dish Soap and Toilet Paper, Charmin said on Thursday that sales rose 5% to US $ 17.7 billion in the three months ended June 30, compared to the same period last year. Excluding the effects of the agreement and currency fluctuations, sales increased by 6%. This increase was driven by …

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Acura is racing a new TLX at Pikes Peak next month.

photo: Acura 98th run of Pikes Peak International Hillclimb is coming down a month from Thursday and Acura has just pulled a blanket from competitors for the event. Instead of the MDX and RDX racer that car manufacturers have intervened in the past few years, it will attack him with a new pair of TLX Type-A sedans. Of course, the …

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US economy reports the worst quarter ever recorded due to increased coronavirus cases – CNN

US economy reports worst quarter as coronavirus case soars CNN Second quarter GDP fell by 32.9%, the lowest rate in Fox business history. Weak economic data points to struggling for the US economy ahead of Boston.com. The US economy contracted at a record-breaking rate of 33% last quarter. WIS10 Coronavirus Update: 1.4 Million People Seek Unemployment Assistance from the United …

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What is the ‘Crab’ mode of the GMC Hummer EV? Fox News Autos investigated.

General Motors is calling the upcoming GMC Hummer EV “The World’s First Supertruck” and on paper it looks like it will be The battery-powered off-roader, which the company mimics with the silhouette, will be presented as a pickup truck or SUV and will feature hand-driven GM’s Super Cruise, a Tesla-beating 350 kW charging capability, and Model at 1,000 horsepower that …

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Worst second quarter GDP data in decades

On Thursday, the government reported that the number of jobless claims rose again last week to 1.4 million. Signs of recovery are unclear. GDP dropped at an annualized rate of 32.9%, according to the Bureau of Economic Analysis, the Bureau of Statistics analyzing quarterly economic activity. While it will often focus on the annual rate, the numbers are less useful …

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Dunkin ‘to close 800 locations in the United States.

Dunkin ‘announced that it would close 800 locations across the country. The company in Canton announced closure on Thursday in the second quarter earnings report. Dunkin’ said the move was “Part of real estate rationalization” and location accounts for 8% of US company locations. The closing includes a 450-speed menu location limit, which is scheduled to close by the end …

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