NewsWatch: Economic expert with perfect record calling recessions is betting this one will be over by the end of 2020

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MARKETWATCH FRONT PAGE

Duke professor Harvey says coronavirus vaccine will end U.S. downturn; positive yield curve is upbeat sign, writes Howard Gold. See full story.

Lyft stock soars as sales near $1 billion, losses decline despite coronavirus pandemic

Lyft Inc.’s bumpy road to profitability is getting rougher during the COVID-19 pandemic, but the company brought in more sales than expected amid the coronavirus spread and shares spiked in late trading Wednesday. See full story.

Pelosi signals support for massive new payroll subsidies as small-business loan fund nears expiration

The speaker stresses that Congress should be for “expanding support beyond PPP to provide more resources” to the tens of millions of small businesses impacted by the COVID-19 epidemic, signalling support for a sweeping Paycheck Guarantee Act that would reimburse employers of all types and sizes for payroll and benefit costs. See full story.

What Disneyland and Walt Disney World could be like when they reopen after coronavirus shutdowns — empty seats on Space Mountain and no hugs from Cinderella

Shanghai Disneyland is set to open again on May 11, and its reopening provides a glimpse of what Americans might see when they can begin visiting theme parks again in the U.S. See full story.

Coronavirus update: U.S. death toll tops 71,000, as Trump backs off plan to wind down pandemic task force

The U.S. death toll from the coronavirus that causes COVID-19 rose above 71,000 on Wednesday, as President Donald Trump appeared to back off his announcement that he would phase out the government task force created to manage the pandemic See full story.

MARKETWATCH PERSONAL FINANCE

So-called ‘iBuyers’ are rolling out new features for people looking to sell their homes quickly. See full story.