NewsWatch: Dow futures struggle for direction after jobless claims soar again and new Fed support for business

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MARKETWATCH FRONT PAGE

U.S. stock-index futures on Thursday pointed to a mixed open after data showed another 6.6 million Americans claimed unemployment benefits in the latest week and after the Federal Reserve announced details of its new lending program to mid-sized businesses and municipalities. See full story.

U.S. oil prices jump 9% as key OPEC+ production conference set to get under way

Oil futures rose in electronic trade early Thursday as investors awaited the outcome of a crucial meeting of OPEC and its allies that is intended to end a price war between Russia and Saudi Arabia. See full story.

The Fed staff’s worst-case scenario: No recovery until next year

The Federal Reserve staff’s worst-case scenario for the economy is no recovery until next year, according to minutes of the central bank’s two policy meetings in early March, released Wednesday. See full story.

Exclusive: These for-profit colleges could reap up to $1 billion in federal bailout money

Dozens of for-profit colleges that are among those most likely to benefit from stimulus funding face thousands of claims from students demanding their money back because they say they were defrauded, according to analysis prepared for MarketWatch. See full story.

The one big difference between Trump and Hoover

Herbert Hoover didn’t have the benefit of an expanding money supply, says Paul Brandus See full story.

MARKETWATCH PERSONAL FINANCE

‘I gave her an ultimatum to isolate at home or move out for the protection of me, my sister and herself.’ See full story.