May 16 (Saturday)
YRI
Morning Briefing PDF
Daily Markets
Markets
Few Investors See the S&P 500’s Next Chapter Being a Happy One B
‘Overhedging’ Oil Prices Lands Some Coronavirus-Battered Global Airlines in Further Trouble W
Treasury Yields Rise on Consumer Sentiment Data W
US I
GDP could decline by 42% in the second quarter, according to the Atlanta Fed C
Coronavirus pummels U.S. retail sales, industrial production R
Industrial Production in U.S. Fell 11.2% in April W
Mortgage rates just hit another record low C
Who’s on the Hook for Skipped Mortgage Payments? W
U.S. companies discover the dark side of a COVID-19 business boom R
US II
U.S. Unemployment Benefits: Millions Still Waiting for State Help B
Coronavirus boosts U.S. layoffs; job openings fall R
Coronavirus Employment Shock Hits Women Harder Than Men W
How the Coronavirus is Killing the Middle Class
Gov. Ned Lamont: People could move from New York City to Connecticut C
Coronavirus to Slow U.S. Meat Production for Months, CEO Says W
China
Chinese Economy’s Recovery From Coronavirus Starts Off Slowly W
Europe
Brexit Talks Go Nowhere, Adding New European Economic Headache W
US politics
House aims to pass a $3 trillion coronavirus relief package Friday C
Biden campaign sees larger ‘battleground’ in race against Trump R
Geopolitics & trade
Virus Revives Worst-Case Scenarios for U.S.-China Relationship B
Special Report: Caught in Trump-China feud, WHO leader under siege R
U.S. Moves to Cut Off Chip Supplies to Huawei W
Cramer says this is not the time to start a trade war with China C
Industries & companies
Airlines: Exclusive: United Airlines only needs 3,000 of 25,000 flight attendants in June – sources R
Autos: Coronavirus Bolsters Car Ownership as Consumers Rethink Shared Rides W
FAANGs: Google Erases Thousands of Links, Tricked by Phony Complaints W
FAANGs: Apple Supplier Foxconn, Hit By Coronavirus, Posts 90% Profit Drop W
Financials: How French Banks Lost Big in the Complex World of Structured Finance W
Media: Vice Media CEO slams Big Tech as ‘great threat to journalism’ C
Retail: This breakdown of retail sales data shows why Amazon is leading the stock market C
Retail: Terrible retail sales report shows acceleration in fates of merchants C
Virus I
States Are Reopening With No Clear Picture of U.S. Coronavirus Cases W
NYC Coronavirus Lockdown Extended 2 Weeks to May 28, 2020 B
U.S. Deaths Are Up Sharply, Though Covid-19’s Precise Toll Is Murky W
Virus II
Coronavirus vaccine: Trump downplays need, says disease will ‘go away’ C
Coronavirus: WHO raises alert on mysterious inflammatory disease in children C
How genetic, antibody and antigen Covid-19 tests work C
Inside Boris Johnson’s Tangle With Covid-19 W
Corporate finance
JC Penney makes $17 million interest payment as it explores bankruptcy C
Facebook Buys Giphy, Will Make It Part of Instagram Operations W
SoftBank’s Big Bets Are Hit Hard by Coronavirus W
Offbeat
Dud stock picks, bad industry bets, vast underperformance — it’s the end of the Warren Buffett era MW
Corporate America’s Most Underrated Innovation Strategy: 3M’s 15% Rule W
Doctors Are Tweeting About Coronavirus to Make Facts Go Viral W
Coronavirus live updates: Dog-like robot on social-distancing patrol C
The Perfect Prank for These Times: Ding-Dong Ditch is Back W