April 09 (Thursday)
YRI Express
Morning Briefing PDF
Daily Markets
Markets
Stocks Rebound After Bout of Volatility W
Oil surges in sudden move toward the end of trading, production cuts eyed C
Far Flung Local Currency Bonds Whip Back on Investors W
Central banks
Fed will keep rates near zero until economy has ‘weathered’ coronavirus impact, minutes show C
Fed Minutes Reveal Alarm Over Virus’s Economic, Market Disruptions W
Health crisis warranted ‘forceful’ response from Fed, minutes show R
Fed Bought Time With Emergency Cut While Eyeing New Programs B
State Funding Woes Are Dragging the Fed Into Muni-Market Reboot W
Coming next from the Fed: How much for Main Street? R
US
U.S. GDP will contract 30% in second quarter, 5% in 2020: PIMCO R
Wobbly U.S. fiscal response could deepen coronavirus recession R
US politics
Hundreds of U.S. lenders get access to small business rescue program with new system launch R
SBA Under Fire for Failing to Get Aid to Struggling Small Businesses W
Bernie Sanders is out of the race, but he promises to press his democratic socialist agenda C
Biden and the DNC start to lay the groundwork for a joint fundraising effort to take on Trump C
Coronavirus is disrupting the 2020 election. New York and New Jersey are latest to change their primaries C
Geopolitics & trade
Trump Eyes Tariffs as Tool to Tame Oil Glut W
Industries & companies
Aerospace: Pandemic Hits Plane Makers, Complicates 737 MAX Return W
Autos: Toyota extends North American plant shutdown; will stop paying 5,000 temporary workers R
Consumer: As coronavirus spread to the US, Clorox shares soared C
FAANGs: Amazon Warehouse Warned Staff Not to Touch Shipments for 24 Hours B
Insurance: Auto insurers are offering discounts amid the pandemic. What you need to know C
Retail: Some Retail Chains Fight for Survival W
Retail: McDonald’s Warns Of Difficult Decisions Ahead W
Virus I
For All Its Coronavirus Blunders, Italy Offers Hope for Other Democracies W
First European Countries Prepare to Ease Coronavirus Lockdown Restrictions W
Germany Cuts Deal with China for Coronavirus Supplies W
Virus II
Trump Health Team Crafts Plan to Open Economy If Virus Crests B
GM to Make 30,000 Ventilators for National Stockpile W
U.S. Passes 400,000 Infections of Virus W
Virus III
New York Gov. Cuomo says state won’t return to ‘normal’ as daily coronavirus deaths reach new high C
New York City’s Hospitals Prepare ‘Live or Die’ Guidance as Virus Peaks W
Most NYC Covid-19 Cases Came From Europe, Genome Researchers Say B
Three Deaths Expose Fears for Strength of U.S. Food-Supply Chain B
Cybersecurity
Hacking Groups Hunt Pandemic Opportunities, Warn U.S., British Officials W
Offbeat
FASB Proposes Delaying New Accounting Rules for Some Companies Because of Coronavirus W
WHO officials are investigating human transmission of the coronavirus to pets C
Airbnb’s Coronavirus Crisis: Burning Cash, Angry Hosts and an Uncertain Future W
Sen. Kelly Loeffler and her CEO husband will sell all individual stock shares after coronavirus trade furor C
