Today's Headlines

Bloomberg:   

• Italy Extends Lockdown Until May in Signal to European Business.

• Taiwan Accuses Chinese Trolls of Fomenting Racism Spat With WHO.  

• Trump Eyes ‘Biggest Decision’ On Reopening as Aides Urge Caution.

• Pence, CDC Head Lay Out Virus Criteria to Reopen U.S. Economy.  

• Two-Thirds of Severe Covid-19 Improved on Gilead’s Remdesivir.

• Trump Aides Say May 1 Target Unlikely as Pence Charts Reopening.

• Democrats, GOP in Standoff on Small Business Stimulus Funds.

• N.Y. Deaths Dip; Gilead Drug Shows Early Promise: Virus Update.

• Global Oil Deal Elusive as Saudis Suffer String of Setbacks.

• U.S. Inflation Slowed Sharply in March While Core Index Fell.  

• Paying Up to 14% Rates, New Debt Deals Are Distressed From Start.  

• Los Angeles County to Extend Stay-Home Order to May 15.

• Delta Cut to Junk by Fitch as 35,000 Workers Take Leave.  

• ‘No Sail Order’ for Cruise Ships Extended by 100 Days.  

• How the Pandemic Wiped Out Oil Demand Around the World.

• Record Bankruptcies Predicted in Next Year as Unemployment Soars.  

• These Charts Show Global Economy’s Dive Into Deep Recession.

Wall Street Journal:

• Virus Toll in Senior Facilities Is Greater Than U.S. Reported.

• ‘I’m Sorry I Can’t Kiss You’—Coronavirus Victims Are Dying Alone.

• China Tightens Customs Checks for Medical-Equipment Exports.

• Health Authorities Roll Out New Tests to Gauge Spread of Covid-19.

• The Fed’s ‘Main Street’ Mistake.

• Small-Business Loans Face Delays.

• Trump, Putin, Saudi Crown Prince Scramble to Fix Oil Markets.

• Coronavirus Crisis Threatens to Split an Already Fractured EU.

• College Students Demand Coronavirus Refunds.

• Coronavirus Study Finds Twice as Many Infections in Austria.

CNBC:   

• Trump says he’s not going to reopen economy ‘until we know this country is going to be healthy’.

• Mexico throws OPEC’s historic oil production cut into doubt ahead of G-20 meeting.

• Europe approves $590 billion in virus stimulus but fails to fix differences over joint debt.

• Coronavirus live updates: HHS begins $30 billion in aid, British prime minister moved out of ICU.

• Boeing considering 10% payroll cut after coronavirus pandemic shuts down plane manufacturing.

• JPMorgan now forecasts economy contracting by 40%, unemployment to reach 20% in April.

• Lawmakers urge Mnuchin to stop debt collectors from seizing direct payments.

• Nancy Pelosi says it’s unclear when US economy can reopen — ‘We could have a depression’.

• Small business layoffs jump 1,000% in March.

• Trump administration seeks ban on China Telecom in US citing ‘unacceptable’ national security risks.

IG:

• Weekend Markets Trading Live.

MarketWatch.com:

• More than half of renters say they lost jobs due to coronavirus: ‘They could face housing situations that spiral out of control’. 

• Gold may soon soar to a record $2,000 says analyst: we ‘borrowed from the future, and there is not enough economy to pay it down’.

Fox News:

• Obama administration cut PPE stockpile, but Biden team points to GOP 'budget squeeze'.

• SLIDESHOW: See ordinary Americans uniting against coronavirus crisis.

Zero Hedge:           

• Global Coronavirus Death Toll Nears 100k As Thousands Die In Britain & America: Live Updates.

• Look At How Ridiculously Wrong All The COVID-19 Models Were.

• Here Are All The ETFs That Will Be Bought By The Federal Reserve.

• 'Breadlines' Erupt Across America As Lockdowns Crush America's "Working Poor".

• Car Sales In China Crash 40.8% YoY In March.

• This Curve Will Never Flatten Again: Fed Balance Sheet Hits $6.1 Trillion, Up $2 Trillion In 1 Month.

• "Everyone Is Blameless": Missed Rent & Mortgages Could Spell Real Estate Catastrophe For 'Months Or Years'.

• New Poll: Democrats Want To Ditch Joe Biden For Andrew Cuomo.

• Google/Apple JV's Dystopian COVID-19 Tracker Could Be Straight Out Of Orwell's 1984.

• NYC Resorts To Burying Dozens Of Coronavirus Victims In "Mass Grave" On Hart Island.

• Beware The Balance Sheet Evolution After A Decade Of Reckless Financial Engineering.

• "That's Pretty Terrible, It's A Death Signal": Cliff Assnes' AQR Loses $43 Billion In 2020.

• Mexican Standoff Continues: AMLO Claims US-Mexico Oil Deal At G-20, OPEC+ Denies Knowledge.

• Coronavirus Devastates Italy: Is It The Result Of Globalism And Free Trade?

• US, European Cities Turn To "Talking Drones" From China To Enforce Social-Distancing.

• Sweden Resorts To Storing Bodies At Ice-Rinks As COVID-19 Deaths Soar.

• Japan To Spend Billions Relocating Production Out Of China.

• Sailor From Virus-Stricken Carrier Found Unresponsive As Over 400 Crew Infected.

• The Day The Fed Nationalized The Bond Market: The Complete Summary Of Everything The Fed Did Today.

• Free Markets Are Dead: Fed To Start Buying Junk Bonds, High Yield ETFs.

• Pennsylvania, Missouri Join Growing List Of States Cancelling Rest Of Spring Semester, CD: Live Updates.

• Dr. Fauci: I Don't Think We Should Shake Hands "Ever Again".

• Media On 'Jihad' Against Anti-Malaria COVID-19 Treatment Since Trump Endorsed Use: AG Barr.

• House GOP Demand Answers From WHO Over Relationship With China

• "Let Them Fail" - Billionaire Explains To Gobsmacked CNBC Host How Capitalism Is Supposed To Work.

• Gold Knows "There Are No Temporary Measures, Just Permanent Lies".

• Gold Soars Along With Everything Else As Fed Ends Capital Markets As We Know Them.

Business Insider:  

• Coronavirus patients are dying on ventilators. It's leading to a debate over the best way to get oxygen into their damaged lungs.

• More than 10% of American workers have filed for unemployment in just 3 weeks as coronavirus puts the economy in a deep freeze.

• The Fed has temporarily lifted Wells Fargo's asset cap.

• Some 'Animal Crossing' players in China are using the game to protest government policies, and now the Chinese government is banning the game.

John Hopkins University:

• Coronavirus Global Cases. (map)

BNO News:

• Tracking Coronavirus: Map, data and timeline. 

Google Docs:

• Coronavirus Testing by State.