NewsWatch: U.S. economy to reopen in May and June and then ‘really bounce back,’ Mnuchin says

This post was originally published on this site

MARKETWATCH FRONT PAGE

The U.S. economy ‘will really bounce back’ starting in July said Treasury Secretary Steven Mnuchin on Sunday See full story.

Who is Deborah Birx — the doctor whose reaction when Trump suggested people inject disinfectants has gone viral?

5 things to know about the ambassador-at-large and Coronavirus Response Coordinator See full story.

Russia is the world’s biggest loser from oil’s crash, and that’s reason to worry

Russia’s economy and power is highly dependent on oil and energy prices, writes George Friedman. See full story.

Millions of credit card customers can’t pay their bills and lenders are bracing for the impact

Millions of Americans are skipping their credit-card payments as the coronavirus pandemic puts them out of work. Banks and other lenders that for years relied on heavy consumer spending to create big profits are preparing to struggle alongside their customers. See full story.

IRS pays out $157.9 billion in 88 million stimulus checks

New IRS data show how many people have been paid up to $1,200 each, state by state. See full story.

MARKETWATCH PERSONAL FINANCE

Do you need a face mask in a hurry? This method is even easier and faster than the DIY mask video by U.S. Surgeon General Jerome Adams. See full story.