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MarketWatch
Mar 28, 2020

Key Words: As coronavirus ravages his native New York, media mogul David Geffen observes a sunset from his $400 million superyacht: ‘I'm hoping everybody is staying safe'
If ever there was a doubt about how the uber affluent are faring amid a pandemic for the ages, billionaire David Geffen wants to make it abundantly clear that, for his part, he's doing just fine — and he wishes us all the best.

MarketWatch
Mar 28, 2020

The New York Post: New York City coronavirus cases reach nearly 30,000 with a death every 9.5 minutes
Troubling new data released Saturday shows the death rate from coronavirus sharply accelerating in the Big Apple, with one person dying every 9.5 minutes in the last 24 hours.

MarketWatch
Mar 28, 2020

To the investors gobbling up stocks: The intraweek rally attempt faces a better-than-even chance of failure
There's newfound bullishness in stocks, but ‘capitulation' among investors has not yet occurred.

MarketWatch
Mar 28, 2020

Conditions are ripe for the price of gold bullion to double
Interest rates at zero, record deficit spending and the Federal Reserve's quantitative easing with no preset limits is the perfect environment for gold.

MarketWatch
Mar 28, 2020

The Wall Street Journal: Trump administration considering enforceable quarantine for tri-state area surrounding New York City
President Trump said he is considering an "enforceable quarantine" in New York, New Jersey and parts of Connecticut and may make a decision as soon as later Saturday, as the nation's largest city quickly becomes an epicenter of the coronavirus pandemic.

MarketWatch
Mar 28, 2020

Economic Preview: The U.S. is sinking into recession, but the full scope of the damage won't be visible right away
A flood of bad news on the economy is about to pour in confirming what has become quite obvious: The U.S. is sinking into a deep recession.

MarketWatch
Mar 28, 2020

This is how long coronavirus lives on steel, cardboard, plastic — and airborne, says New England Journal of Medicine study
COVID-19 is most similar to the SARS virus, but that doesn't explain why it has become a much larger outbreak, the CDC, UCLA and Princeton joint study concluded.

MarketWatch
Mar 28, 2020

The New York Post: Alcohol labeled an ‘unhelpful' coping strategy for coronavirus-era cabin fever by WHO
A World Health Organization official is labeling the consumption of alcoholic drinks an "unhelpful coping strategy" for cabin fever during the COVID-19 lockdown, according to a new report.

MarketWatch
Mar 28, 2020

The Margin: ‘We needed each other in this crazy mess.' Is it a good time to rescue a dog during the coronavirus lockdown?
Animal rescues are seeing a spike in adoptions and fosters, but what will happen when people eventually go back to work?

MarketWatch
Mar 28, 2020

‘You can never make things perfectly safe with zero risk.' How can you choose between saving the U.S. economy from coronavirus and saving lives?
‘It's appalling to attach a dollar number to a human life — for noneconomists,' said Colin Camerer, a professor of behavioral finance and economics.

MarketWatch
Mar 28, 2020

The Conversation: Pregnancy care is changing with coronavirus — 9 questions answered
Are pregnant women and their babies at greater risk? What about giving birth?

MarketWatch
Mar 28, 2020

The Conversation: When you lose your sense of smell and taste, should you suspect coronavirus?
Anecdotal evidence describes a high incidence in COVID-19 patients.

MarketWatch
Mar 28, 2020

A loophole for construction workers shows how arbitrary and confusing ‘stay-at-home' regulations are
Decisions on who can work and who can't sometimes seem arbitrary.

MarketWatch
Mar 28, 2020

Tax Guy: Coronavirus stimulus-package tax relief: Withdraw $100K from your IRA — and repay in 3 years with zero tax liability
Use the money to pay bills, pay down your HELOC, or simply to get through the pandemic.

MarketWatch
Mar 28, 2020

These 16 companies are working on coronavirus treatments or vaccines — here's where things stand
A mix of legacy drugmakers and small startups have stepped forward with plans to develop vaccines or treatments that target the infection caused by the novel coronavirus.

MarketWatch
Mar 28, 2020

Key Words: Trump slams GM, says auto maker should start making ventilators ‘NOW!!!!!!'
General Motors Co. got sideswiped by a series of tweets from President Donald Trump, who criticized the auto maker for not providing the ventilators that it said it would.

MarketWatch
Mar 28, 2020

Outside the Box: There's no returning to regular schooling as online learning goes mainstream
When in-person education resumes, online learning tools and methods will be entrenched in the system.

MarketWatch
Mar 28, 2020

Dispatches from a Pandemic: Social scientists say a crisis like COVID-19 is a ‘focusing event,' one that recalibrates public policy and cultural norms - So why is it so hard to focus right now?
The horrors inflicted by the coronavirus are a slow-burn story. Like disgraced politicians, we've all resigned to spend more time with our families. And for most of us there is nothing to do but wait for things to inevitably get much worse before they get better.

MarketWatch
Mar 28, 2020

NewsWatch: What the $2 trillion stimulus means for you — and how the ‘recovery rebates' to households will be calculated
President Donald Trump passed the historic bill on Friday.

MarketWatch
Mar 28, 2020

Mortgage rates fall sharply as the Federal Reserve brings stability to the mortgage market
The rollercoaster ride for mortgage rates these last few weeks is expected to continue.

MarketWatch
Mar 28, 2020

Market Extra: These indicators suggest a stock-market bottom, but coronavirus fears could send the S&P 500 swooning again
The question investors must now ask themselves is whether or not the market has already hit the bottom of this bear market, or whether investors should prepare themselves for worse to come.

MarketWatch
Mar 28, 2020

Deep Dive: You can be ‘practically stealing' quality stocks now, according to Jefferies
The bank's analysts identified companies with strong fundamentals that are attractive because of ‘indiscriminate selling.'

MarketWatch
Mar 28, 2020

Key Words: Bill Gates on Trump call for quick end to lockdown: It's tough to tell people ‘keep going to restaurants, go buy new houses, ignore that pile of bodies over in the corner'
Bill Gates told Vox Media during an interview that "it's very irresponsible for somebody to suggest that we can have the best of both worlds," referring to mitigating the impact of the deadly pathogen on human lives and keeping the economy whirring normally.

MarketWatch
Mar 28, 2020

I'm retired and claim Social Security — do I still get the $1,200 stimulus check?
Congress is expected to pass a bill giving Americans hurt by the coronavirus crisis financial relief.

MarketWatch
Mar 28, 2020

‘It's a very difficult trade-off.' How can you choose between saving the U.S. economy from coronavirus and saving lives?
‘It's appalling to attach a dollar number to a human life — for noneconomists,' said Colin Camerer, a professor of behavioral finance and economics.

MarketWatch
Mar 27, 2020

The Moneyist: One of my coworkers was diagnosed with coronavirus, but the office was not cleaned. Can I be fired for refusing to go in?
‘The owner is also seeing patients that are from Lakewood, N.J., one of the hot spots for the virus, and they are not using any precautions.'

MarketWatch
Mar 27, 2020

‘The attack rate is relatively high as there's no immunity to it.' Why coronavirus was never going to be just another flu
President Trump suspended all travel to the U.S. from Europe and declared a national emergency over COVID-19's rapid spread.

MarketWatch
Mar 27, 2020

How can you choose between saving the U.S. economy and saving lives?
‘It's appalling to attach a dollar number to a human life — for noneconomists,' said Colin Camerer, a professor of behavioral finance and economics.

MarketWatch
Mar 27, 2020

Here's what the Javits Center, a glittering mega-event venue in New York City, looks like as a hospital
The Manhattan expo center becomes one of potentially eight emergency care facilities in New York as the city continues to be the epicenter of the U.S. coronavirus outbreak.

MarketWatch
Mar 27, 2020

The Moneyist: ‘These dogs have been kissed and cuddled by their owners.' How is our pet salon still open when human salons are closed?
‘We have no masks or gloves, and are required by the job to spend 15 to 20 minutes at a time interacting face-to-face with each client.'

MarketWatch
Mar 27, 2020

Their Stories: Alan Finder: In a 45-year career in journalism, he always kept his cool and remained ‘a nice guy'
Finder, 72, died on March 24 of COVID-19, leaving his marks as an editor and reporter, mostly at the New York Times, but also upon his newsroom colleagues.

MarketWatch
Mar 27, 2020

The Wall Street Journal: Trump administration plans three-month suspension of import-tariff collection
The move is intended to provide financial relief to U.S. companies struggling amid coronavirus pandemic.

MarketWatch
Mar 27, 2020

Gov. Cuomo proposes four new temporary hospital sites as New York expects to need 87,000 more hospital beds
The state predicts it will need the additional beds when the crisis peaks in roughly 21 days.

MarketWatch
Mar 27, 2020

Their Stories: Steven Dick: British diplomat in the prime of his career dies after contracting coronavirus
He'd become deputy head of mission at the U.K.'s embassy in Budapest just months ago.

MarketWatch
Mar 27, 2020

California's construction loophole shows confusion of ‘stay-at-home' regulations
Decisions on who can work and who can't sometimes seem arbitrary.

MarketWatch
Mar 27, 2020

Amazon, Walmart, Lowe's and others are hiring to fill 444,000 job openings amid coronavirus demand
Jobless claims jumped by 70,000 last week, but several sectors are ramping up hiring even as the coronavirus pandemic creates layoffs.

MarketWatch
Mar 27, 2020

Why are so many young people being hospitalized with severe cases of coronavirus?
A teen in Los Angeles could be the first person under 18 to die of the disease in the U.S., and nearly 54% of hospitalized coronavirus patients in New York were between 18 and 49.

MarketWatch
Mar 27, 2020

Coronavirus update: 590,594 cases, 26,819 deaths, U.S. now has most number of cases worldwide with more than 100,000
The number of people in the U.S. who have tested positive for COVID-19 has now surpassed the number of cases in China and Italy, the Asian and European epicenters of the global pandemic.

MarketWatch
Mar 27, 2020

Outside the Box: Why index investing still rules — even during a pandemic-fueled market meltdown
Burt Malkiel foresaw the triumph of indexing — even in crazy markets

MarketWatch
Mar 27, 2020

The Margin: Losing sleep over the coronavirus? Having strange dreams? Here's what to do
More than one in five people say COVID-19 concerns are keeping them up at night

MarketWatch
Mar 27, 2020

The Margin: Fox Business and Trish Regan have ‘parted ways'
The anchor recently called COVID-19 news coverage a "scam" to "impeach the president" in a controversial segment.

MarketWatch
Mar 27, 2020

Trump invokes Korean War-era law to force GM to make ventilators for coronavirus victims
President Trump on Friday afternoon said he signed a memorandum requiring General Motors to make ventilators for hospitals to help treat patients suffering from the COVID-19 illness, invoking for the first time a 70-year old law created during the Korean War that gives the government broad authority over private businesses.

MarketWatch
Mar 27, 2020

NewsWatch: Here's what the historic $2 trillion coronavirus stimulus package will do to help small businesses
Small businesses will have access to $350 billion in forgivable loans, but they have to meet certain requirements.

MarketWatch
Mar 27, 2020

The $2 trillion stimulus deal will help people filing for unemployment benefits — here's how
A record 3.28 million people filed jobless claims in mid-March. Those workers will get extra money from the federal government.

MarketWatch
Mar 27, 2020

Here's how the Fed is funneling $4 trillion of funds to the real economy
Economists say the Federal Reserves lending facility will use the banking system as a conduit to funnel funds to businesses.

MarketWatch
Mar 27, 2020

Capitol Report: Trump signs $2 trillion coronavirus stimulus package into law after House approves measure
The approvals Friday from President Donald Trump and the House of Representatives for a $2 trillion coronavirus stimulus package come after a Republican congressman's effort to slow down the measure flopped.

MarketWatch
Mar 27, 2020

The Ratings Game: Lululemon will be in a better position post-coronavirus thanks to its strong balance sheet and online strategy, analysts say
Analysts say Lululemon will come out of the coronavirus pandemic in a better position thanks to a few factors.

MarketWatch
Mar 27, 2020

$2 trillion coronavirus stimulus package lets some student-loan borrowers delay payments for six months
Student-loan borrowers will not be penalized for any late payments until Sept. 30.

MarketWatch
Mar 27, 2020

Here's what the historic $2 trillion coronavirus stimulus package will do to help small businesses
Small businesses will have access to $350 billion in forgivable loans, but they have to meet certain requirements.

MarketWatch
Mar 27, 2020

Trump invokes Korean War-era law to force GM to make ventilators for COVID-19 victims
President Trump on Friday afternoon said he signed a memorandum requiring General Motors to make ventilators for hospitals to help treat patients suffering from the COVID-19 illness, invoking for the first time a 70-year old law created during the Korean War that gives the government broad authority over private businesses.

MarketWatch
Mar 27, 2020

You can't get fired for having the coronavirus, but your boss can take your temperature — how the COVID-19 pandemic is reshaping workplace laws
Workers can't be terminated for coughing on the job, and employees can ask their boss to pay for hand sanitizer, experts told MarketWatch.

MarketWatch
Mar 27, 2020

This crushing double blow for the oil sector could force a wave of consolidation, say analysts
A Saudi-Russia oil price war and economies shutting down from the coronavirus have dealt a harsh blow to the oil sector. Consolidation in some parts of the sector may come sooner than investors expect, say some.

MarketWatch
Mar 27, 2020

Commodities Corner: Natural-gas futures touch their lowest level in 25 years, but still outperform oil
Natural-gas prices have dropped to their lowest level in a quarter-century, but they have managed to outperform oil against a backdrop of declining demand fed by efforts to slow the spread of COVID-19.

MarketWatch
Mar 27, 2020

Weekend Sip: Hockey season may be on hold, but you can still drink a hockey-themed wine
Veteran NHL players teamed up to create a California label.

MarketWatch
Mar 27, 2020

Capitol Report: Amid coronavirus stimulus push, Kentucky Republican manages to anger everyone from Donald Trump to John Kerry — here's how
Veteran Democratic politician John Kerry quips Friday that "finally" he agrees on something with President Donald Trump — that Republican Rep. Thomas Massie of Kentucky is acting way out of line.

MarketWatch
Mar 27, 2020

The best way to spend your $1,200 stimulus check, according to financial advisers
Advisers say don't pay down student-loan debt, at least not yet.

MarketWatch
Mar 27, 2020

Economic Outlook: Here's how to track the mounting damage to the U.S. economy from the coronavirus
Millions of people are losing their jobs and unemployment is soaring. The mounting devastation to the economy from the coronavirus is becoming starkly visible to households across the nation. Here's what to watch in the next few weeks as the damage reports come in.

MarketWatch
Mar 27, 2020

What the $2 trillion stimulus means for you — and how the ‘recovery rebates' to households will be calculated
The House of Representatives passed the historic bill on Friday and it now awaits President Donald Trump's signature.

MarketWatch
Mar 27, 2020

Metals Stocks: Gold scores biggest weekly gain since 2008
Gold futures settle with a loss on Friday, but still score the biggest one-week rise since December 2008.

MarketWatch
Mar 27, 2020

The Margin: This security guard at a cowboy museum is learning the ropes on Twitter, and it's everything right now
He's manning the National Cowboy Museum's social media during the coronavirus outbreak

MarketWatch
Mar 27, 2020

Capitol Report: House set to pass $2 trillion coronavirus stimulus package today, but Kentucky Republican's move may delay voting
The House on Friday is on track to debate a $2 trillion coronavirus stimulus package to help the U.S. economy cope with the epidemic, and while the chamber is expected to pass the massive bill it may be through a slower voting process because of a Republican congressman's objections.

MarketWatch
Mar 27, 2020

To solve ventilator shortage, U.K. government is turning to thousands of inventors
Team of British experts plans to trial quick-to-assemble prototype ventilator at Guy's Hospital in London and in Oxford within days.

MarketWatch
Mar 27, 2020

Fed officials sound upbeat on outlook but admit to some uncertainty
Two Federal Reserve officials on Friday were upbeat about the eventual recovery of the economy but admit the outlook is uncertain.

MarketWatch
Mar 27, 2020

From power to ‘the plague'. This is what happened when one politician caught coronavirus
As the first world leader gets coronavirus Marco Colombo, a well-known politician in Varese, a city north of Milan, shares his experience as a fit 45 year-old who had to use a breathing tube and artificial ventilation. "Your whole spirit [is] drawn into a singular effort: staying alive," he says.

MarketWatch
Mar 27, 2020

Currencies: Dollar surge that sent shock waves through global markets gives way to retreat as funding pressures ease
A market-wrecking surge by the U.S. dollar is giving way to weakness as efforts by the Federal Reserve and global central banks to sate world-wide demand for the greenback appear to bear fruit.

MarketWatch
Mar 27, 2020

With March Madness canceled, schools will lose out on $375 million from the NCAA
Both the men's and women's basketball NCAA tournaments, aka March Madness, were canceled due to the coronavirus pandemic, and the financial impact on many colleges will be massive.

MarketWatch
Mar 27, 2020

The Ratings Game: These chip stocks deserve a second look after COVID-19 selloff, Deutsche Bank says
Analysts at Deutsche Bank say it's time to give a fresh look to shares of Qualcomm Inc. and Lam Research Corp., arguing that the stocks have sold off too much amid concerns about the COVID-19 pandemic.

MarketWatch
Mar 27, 2020

Outside the Box: How the coronavirus pandemic could change the way businesses treat workers and customers
Health crisis highlights 10 ways companies can be more attentive and responsive to people's needs, writes Ann Skeet.

MarketWatch
Mar 27, 2020

Futures Movers: Oil prices fall, as plunge in global demand sets prices up for 5th straight weekly drop
Oil futures trade lower Friday,with a huge drop in demand as result of the global COVID-19 pandemic setting prices up for their fifth weekly loss in a row.

MarketWatch
Mar 27, 2020

Economic Report: Record-shattering 3.3 million jobless claims is just the start: Millions more jobs are at risk
If a record 3.3 million jobless claims in just one week comes as a shock, the next month is likely to tell an even grimmer tale: Tens of millions of jobs are at stake of disappearing, at least temporarily.

MarketWatch
Mar 27, 2020

Fannie Mae, Freddie Mac to roll out new mortgage-payment deferral option for homeowners facing financial trouble
The deferral program is intended to help mortgage borrowers who face a short-term hardship.

MarketWatch
Mar 27, 2020

Germany and the Netherlands seem to fight off the virus better than most — here's why
The Netherlands and Germany both showed glimmers of hope in the battle to combat coronavirus on Wednesday, as the numbers of cases in New York rose rapidly.

MarketWatch
Mar 27, 2020

Here's how to think about the turbulence in ETF pricing, and here's what to do about it
Volatile markets over the past few weeks have meant exchange-traded funds have often traded at prices different than what the securities in their portfolios would trade for.

MarketWatch
Mar 27, 2020

Coronavirus update: 551,337 cases, 24,906 deaths, U.S. now has most number of cases worldwide
The number of people in the U.S. who have tested positive for COVID-19 has now surpassed the number of cases in China and Italy, the Asian and European epicenters of the global pandemic.

MarketWatch
Mar 27, 2020

Futures Movers: Oil prices fall as plunge in global demand sets prices up for a 5th straight weekly drop
Oil futures trade lower Friday,with a huge drop in demand as result of the global COVID-19 pandemic setting prices up for their fifth weekly loss in a row.

MarketWatch
Mar 27, 2020

‘Bit chompers' bid up stocks — what coronavirus and recession, they say?
Some investors who suffered big losses are buying during this crash. It's wise to have a better strategy.

MarketWatch
Mar 27, 2020

Market Extra: Does the Dow's 21% surge in 3 days put it back in a bull market? ‘The market doesn't work that way,' says one researcher
By some accounts the Dow Jones Industrial Average just entered a new bull-market phase, killing the 11-day-old bear market. To some market participants that notion may, indeed, feel like a lot of bull.

MarketWatch
Mar 27, 2020

Livability: Help for frazzled parents: 20 virtual field trips to keep your kids occupied (and learning)
As the cornavirus closes schools, these zoos, museums and world wonders online could supplement your children's onlone classroom work.

MarketWatch
Mar 27, 2020

Free workouts from Peloton, Nike and others to help you stay active during your quarantine
14 fitness apps and streaming services that you can try at home for free

MarketWatch
Mar 27, 2020

Metals Stocks: Gold pulls back but set for biggest weekly gain since 2008
Gold futures pull back Friday, but remain on track for the biggest one-week rise since December 2008.

MarketWatch
Mar 27, 2020

NewsWatch: Why this wild coronavirus rally has Wall Street experts fearing a bull-market trap
John Velis, a currency and macro strategist for the Americas at BNY Mellon, isn't convinced the market has reached a bottom.

MarketWatch
Mar 27, 2020

New Fed study finds efforts to slow pandemic don't depress the economy
The economy isn't helped by rushing back to work in the face of a pandemic, according to a new study from Federal Reserve researchers.

MarketWatch
Mar 27, 2020

British Prime Minister Boris Johnson tests positive for coronavirus — what happens now?
British Prime Minister Boris Johnson has tested positive for coronavirus but will continue to lead the nation's response to the pandemic from self-isolation.

MarketWatch
Mar 27, 2020

Will you get a $1,200 check from the $2 trillion stimulus bill? Depends on how much money you make
The Senate unanimously passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act on Wednesday; next it goes to the House of Representatives.

MarketWatch
Mar 27, 2020

Bond Report: Treasury yields tick lower as coronavirus cases in U.S. surpass China's tally
Treasury yields slipped on Friday as investors remain focused on the COVID-19 disease, with cases in the U.S. for the first time outpacing China.

MarketWatch
Mar 27, 2020

Cheesecake Factory says it's not paying rent in April, has furloughed most of its employees
Cheesecake Factory isn't paying rent as restaurants struggle with sales declines due to the coronavirus pandemic.

MarketWatch
Mar 27, 2020

Deep Dive: Here are Thursday's best-performing stocks as the Dow Jones Industrial Average produces a three-day gain of 21%
Boeing led the Dow higher Thursday. Still, the index is down 24% from its record closing high last month.

MarketWatch
Mar 27, 2020

Need to Know: Why this wild coronavirus rally has Wall Street experts fearing a bull-market trap
John Velis, a currency and macro strategist for the Americas at BNY Mellon, isn't convinced the market has reached a bottom.

MarketWatch
Mar 27, 2020

Outside the Box: How the coronavirus pandemic inspires us to be more ethical at work and in life
Employees and customers are more than just a dollar sign, writes Ann Skeet.

MarketWatch
Mar 27, 2020

Gym is allegedly collecting monthly fees even though it's closed during the coronavirus outbreak, lawsuit claims
The class-action case says gym members are furious.

MarketWatch
Mar 27, 2020

Europe Markets: European stocks slide as U.S. coronavirus cases surpass China and global spread intensifies
European stocks and U.S. equity futures fell on Friday, as U.S. coronavirus cases surpassed China and the global spread intensified.

MarketWatch
Mar 27, 2020

Stratfor: China's economy will suffer a double whammy as its export partners are overrun by the coronavirus
The country's economy was locked down for the better part of two months, and now demand from abroad will get weaker as the weeks go on.

MarketWatch
Mar 27, 2020

The Moneyist: ‘These dogs have been kissed and cuddled by their owners.' Are pet stylists deemed ‘essential services' under lockdown rules?
‘We have no masks or gloves, and are required by the job to spend 15-20 minutes at a time interacting face-to-face with each client.'

MarketWatch
Mar 27, 2020

Kelley Blue Book: How to sell your car online: 10 tips to get the best price and exposure
Clean up the car, use the right online platform, and know how to negotiate and manage the sale.

MarketWatch
Mar 27, 2020

NerdWallet: Don't make these tax mistakes with a side gig
A side hustle income may help make ends meet, but it also can create tax traps.

MarketWatch
Mar 27, 2020

Next Avenue: Why retirement is so challenging for rural Americans
There are 3 major hurdles rural residents face in planning for retirement.

MarketWatch
Mar 27, 2020

U.K. government unveils package to pay self-employed 80% of income, but the money won't be available until June
Britain's chancellor describes scheme to help self-employed as "one of the most generous in the world."

MarketWatch
Mar 26, 2020

Key Words: Amid coronavirus crisis, Trump says: ‘I don't believe you need 40,000 or 30,000 ventilators'
President Donald Trump on Thursday night expressed doubt that New York really needed tens of thousands of ventilators, despite the urgent pleas from health-care professionals and that state's governor.

MarketWatch
Mar 26, 2020

Market Extra: The Dow's 21% surge in 3 days puts it back in a bull market — here's why the coronavirus crisis makes it feel utterly bearish
By some accounts the Dow Jones Industrial Average just entered a new bull-market phase, killing the 11-day-old bear market. To some market participants that notion may, indeed, feel like a lot of bull.

MarketWatch
Mar 26, 2020

Economic Report: Millions more U.S. jobs at risk of being lost as coronavirus crisis deepens
If a record 3.3 million jobless claims in just one week comes as a shock, the next month is likely to tell an even grimmer tale: Tens of millions of jobs are at stake of disappearing, at least temporarily.

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