NewsWatch: There’s a one-in-three chance of a ‘massive’ disaster that could be worse than COVID-19, says Deutsche Bank

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MARKETWATCH FRONT PAGE

Deutsche Bank says there is at least a one-in-three chance that at least one of four major tail risks will occur within the next decade. See full story.

Don’t let your dream of being a 401(k) millionaire fade during the pandemic

So you still want to be a millionaire? The strategy to hold your ground while markets swirl around you remains the best one months into the coronavirus crisis that is still playing out. See full story.

‘We’re still in a first wave,’ Fauci says, noting precautions can prevent second wave of coronavirus

Dr. Anthony Fauci said Tuesday that he hasn’t spoken to President Donald Trump in weeks, and warned that America is still not through the first wave of coronavirus cases. See full story.

U.K. approves use of life-saving coronavirus drug dexamethasone in ‘biggest breakthrough yet’

U.K. scientists and the government have approved the use of dexamethasone — the first coronavirus drug that has been shown to save lives. See full story.

The extra $600 Americans receive in weekly unemployment benefits ends in July — how that could cost the U.S. more jobs

For every dollar spent on unemployment insurance, there’s a multiplier effect leading to a 1.64 increase in GDP, research shows. See full story.

MARKETWATCH PERSONAL FINANCE

Mortgage lender CEO shares his firm’s experience as borrowers grapple with the coronavirus pandemic and recession. See full story.