US GDP could slump by as much as 42.8% in the 2nd quarter, Atlanta Fed says

· US gross domestic product could slump by 42.8% in the second quarter, the Federal Reserve of Atlanta's GDPNow forecasting model showed Friday.
· A week earlier, the model forecast a 34.9% slump during the period. 
· In the last week, a slew of negative reports showed further damage to the US economy from lockdowns to...