May 15 (Friday)

YRI
Morning Briefing PDF 
Daily Markets

Markets
Dow Swings Sharply as Jobless Claims Remain Elevated W
Why Big Investors Aren’t Betting It All on a Coronavirus Cure W
Traders Get First Glimpse of What a 20-Year Treasury Might Yield B

Central banks
Fed’s Kashkari: U.S. Congress needs to put ‘money in pockets’ R
Kuroda Hints Cutting Rates May Now Rank Lower in BOJ Toolkit B

US
U.S. import prices post largest drop in over five years R
Nearly Three Million Sought Jobless Benefits Last Week W
Dismal jobs report offered sign that some people are returning to work C
Nearly 40% of the poorest households hit with a job loss during pandemic, Fed study shows C
Unemployment Insurance system is failing in America, here’s why. C
$7 billion bailout not enough to stabilize the U.S. child care system C
Firms that took a PPP loan under $2 million are about to get a break C

China
China’s ‘OK Boomer’: Generations Clash Over the Nation’s Future N

US politics
States Were Prudent; Here’s Why They Need a Bailout Anyway W
Sen. Burr to Step Aside as Intelligence Panel Chair During Stock-Trade Probe W

Geopolitics & trade
Trump Says He Doesn’t Want to Talk to Xi as China Tensions Rise B
Trump May Push for Chinese Companies to Follow U.S. Accounting Rules for Stock Listings W
Taiwan Company to Build Advanced Semiconductor Factory in Arizona W

Industries & companies
Aerospace: Boeing CEO tries to smooth over tensions with airline chiefs after saying a US carrier may go bust C
Aerospace: Coronavirus news: Delta to retire Boeing 777s, seeks to burn zero cash by end of 2020 C
Autos: Tesla factory inspected by police, authorities approve gradual reopen C
Autos: Exclusive: Tesla’s secret batteries aim to rework the math for electric cars and the grid R
Autos: Ford Tries to Soothe Weary Shareholders W
Energy: Oil Demand Mounts Comeback as Coronavirus Restrictions Ease W
FAANGs: Apple AR glasses launch: 2022 at earliest, top analyst says C
Financials: Insurance Firms Plan to Fight Federal Pandemic Liability Proposal W
Financials: Banks’ Currency-Trading Revenue Surges to Highest in a Decade B
Restaurants: Restaurants weigh reopening and review safety precautions NN
Restaurants: Starbucks asks for a break on rent for the next year C
Restaurants: McDonald’s Sets Conditions for Restaurant Reopenings W
Retail: Coronavirus Finishes the Retail Reckoning That Amazon Started W
Transportation: FedEx, Strained by Coronavirus, Caps How Much Retailers Can Ship From Stores W

Virus I
Ending Coronavirus Lockdowns Without a How-To Guide W
Trump’s rebuke of Fauci encapsulates rejection of science in virus fight NN
HHS Vaccine Expert Details Complaint in House Testimony W
The First Shot: Inside the Covid Vaccine Fast Track Wired
Convalescent Plasma Is Safe to Treat Covid-19, National Study Shows W

Virus II
Coronavirus live updates: Trump aims to stockpile 300 million N95 masks C
Trump Administration Details Plans to Overhaul Strategic National Stockpile W
How 400,000 Masks Were Shipped From China to a U.S. Nursing Home W
New York Sent Recovering Coronavirus Patients to Nursing Homes: ‘It Was a Fatal Error’ W

Offbeat
Ray Dalio on coronavirus effect on economy, society C
Don’t Stand So Close to Me: AI Cameras Police Social Distancing at Work W
U.S. faces ‘darkest winter’ if pandemic planning falters: whistleblower R