THE NEW YORK TIMES

Worst Economy in a Decade. What’s Next? ‘Worst in Our Lifetime.’

THE NEW YORK TIMES

U.S. Governors Move Ahead With Reopening, Despite Health Worries

DENVER — Governors across the country forged ahead Monday with plans to reopen their economies, even as the nation hit a grim milestone of 50,000 deaths from the coronavirus and public health experts warned against lifting stay-at-home orders too quickly.

THE NEW YORK TIMES

Stocks start the week higher as oil prices tumble

U.S. stocks rose and global markets rallied on Monday as governments around the world discussed when and how to reopen businesses and get their economies back on track. But turmoil in oil markets continued, with the price of the U.S. benchmark crude tumbling by more than 20 percent.

THE NEW YORK TIMES

Congress has allocated $2.7 trillion, but as jobless claims mount, states struggle to meet needs

THE NEW YORK TIMES

Jobless Numbers Are ‘Eye-Watering’ but Understate the Crisis

With 4.4 million added last week, the five-week total passed 26 million. The struggle by states to field claims has hampered economic recovery.

https://www.nytimes.com/2020/04/23/business/economy/unemployment-claims-coronavirus.html

THE NEW YORK TIMES

Trump backs away from a broad ban on immigration, but many will still feel effect of restrictions

THE NEW YORK TIMES

Trump Plans to Suspend Immigration to U.S.

WASHINGTON — President Trump said on Monday evening that he intended to close the United States to people trying to immigrate into the country to live and work, a drastic move that he said would protect American workers from foreign competition once the nation’s economy began to recover from the shutdown caused by the coronavirus outbreak.

THE NEW YORK TIMES

Congress and the Trump administration near a deal on more small business aid

Congress and the administration hope to close a deal as early as Monday to replenish funds for a loan helping distressed small businesses survive the coronavirus pandemic. The $450 billion deal would also provide additional funds for hospitals and testing.