NewsWatch: A record 3.28 million Americans applied for unemployment benefits last week due to coronavirus

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MARKETWATCH FRONT PAGE

The number of Americans who applied for unemployment benefits last week rocketed to a record 3.28 million as large parts of the U.S. economy shut down and companies laid off scores of workers to cope with the coronavirus pandemic. See full story.

What the $2 trillion stimulus means for you — and how the ‘recovery rebates’ to households will be calculated

The Senate voted late Wednesday to pass the historic bill. Speaker of the House Nancy Pelosi has pledged to quickly pass the measure in the House. See full story.

Germany and the Netherlands seem to fight off the virus better than most — here’s why

The Netherlands and Germany both showed glimmers of hope in the battle to combat coronavirus on Wednesday, as the numbers of cases in New York rose rapidly. See full story.

To solve ventilator shortage, U.K. government is turning to thousands of inventors

Team of British experts plans to trial quick-to-assemble prototype ventilator at Guy’s Hospital in London and in Oxford within days. See full story.

Everything is insane. Everything is normal – How to cope with all this dizzying news while still sheltering in place

The horrors inflicted by the coronavirus are a slow-burn story. Like disgraced politicians, we’ve all resigned to spend more time with our families. And for most of us there is nothing to do but wait for things to inevitably get much worse before they get better. See full story.

MARKETWATCH PERSONAL FINANCE

The Senate unanimously passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act on Wednesday; next it goes to the House of Representatives. See full story.