Global Economy

JPMorgan becomes first major bank to say first-quarter GDP will decline because of Covid surge

Volunteers from women’s organization Nuevo Amanecer Mujer Integral help with the distribution of frozen turkeys and food boxes ahead of Thanksgiving to families affected by the Covid-19 pandemic on November 18, 2020 in Los Angeles, California. Frederic J. Brown | AFP | Getty Images JPMorgan economists now see an economic contraction in the first quarter […]