NewsWatch: Jobless claims jump 3.2 million in early May, but historic rate of layoffs is slowing

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MARKETWATCH FRONT PAGE

Almost 3.2 million people applied for unemployment benefits last week after the coronavirus cost them their jobs, but the historic wave of layoffs tied to the pandemic is receding. See full story.

PayPal and Square see improvements in April, but Square has a longer road ahead

The COVID-19 outbreak seems is driving big shifts in how consumers think about payments, and that’s affecting PayPal Holdings Inc. and Square Inc. differently. See full story.

The future of Disney theme parks after the 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 Disneyland and Walt Disney World again in the U.S. See full story.

A llama named Winter could be the key to fighting the coronavirus

Preliminary research suggests a tiny particle in llama blood can stop the coronavirus. See full story.

This program brings nursing home residents joy in an old-fashioned way

‘Seniors need to know they care’ — here’s one way to do that See full story.

MARKETWATCH PERSONAL FINANCE

The IRS did not specify whether people would face penalties for not returning stimulus checks the agency sent to dead people. See full story.