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We've reached the middle of the week. It's Brett Molina here to deliver the latest Money and Tech headlines for Wednesday. |
We have yet one more sign of the economic toll from the coronavirus pandemic: the U.S. economy contracted 4.8% during the first quarter. The gross domestic product, the value of all goods and services produced in the U.S., dipped as both business and consumer spending plunged due to the virus. |
Meanwhile, in Detroit, the nation's biggest automakers are running out of time to restart their businesses amid COVID-19. Ford, Fiat Chrysler, and General Motors must bring back assembly factories quickly to avoid further financial costs from shutdowns caused by the pandemic, experts say. |
Finally, move over Captain America and Batman. The next superhero action figures your kids might want: doctors, nurses and grocery store workers. |
Want more news? Keep scrolling. |
Brett Molina, Money/Tech editor |
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