predicts

The Congressional Budget Office is predicting the economy will come roaring out of the coronavirus recession with growth surging to 12.4% the rest of this year, before settling back into the longer-term trend of about half that. Unemployment will peak at more than 14% but “fall quickly” as the economy rebounds later this year and…

World finance group expects a 4.9 percent contraction this year instead of its previously forecast 3 percent drop, underscoring the scale of the task facing policymakers.The International Monetary Fund said Wednesday that damage to the global labor force and continued social distancing would hinder a recovery.Credit...Yuri Gripas/ReutersJune 24, 2020, 9:00 a.m. ETWASHINGTON — The International…

Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Fox News medical contributor Dr. Marc Siegel told "Tucker Carlson Tonight" Wednesday that "lockdowns don't work" once a virus becomes widespread as the debate over when and how to continue reopening the country rages on."Lockdowns don't work if there is already a lot…

Former Whitewater independent counsel Kenneth Starr told "Bill Hemmer Reports" Wednesday that he believes the investigation by Connecticut U.S. Attorney John Durham into the origins of the Russia investigation will likely result in indictments of bureau officials as new information emerges."Based on what I know, which is obviously less than John Durham will know and probably does know right now, there will…

Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here.EXCLUSIVE -- Senate Majority Leader Mitch McConnell, R-Ky., told "Special Report with Bret Baier" Thursday that another coronavirus stimulus bill is likely, but dismissed House Democrats' latest $3 trillion proposal as "unsalvageable.""The president and Senate Republicans are going to be in the same place. We will…