'The situation is about to get worse': Stocks slide as surging US unemployment and coronavirus cases stifle stimulus hopes

Business Insider

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· *Stocks fell on Friday as surging unemployment and novel coronavirus cases in the US overpowered hopes for a $2 trillion stimulus bill to mitigate the pandemic's fallout.*
· *Initial jobless claims rocketed to almost 3.3 million last week — more than four times the previous weekly record.*
· *The US passed 82,000...

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