MARKETWATCH FRONT PAGE
U.S. stocks trade higher as the market took heart from the easing of business lockdowns in the U.S. and Europe in particular, amid hopes for an early vaccine to prevent the further spread of the COVID-19 pandemic. See full story.
As Spaniards got their first real taste of freedom this weekend, hundreds of them got arrested and thousands were fined
They ran, they biked, they walked, they lingered on doorsteps and in plazas, trying to reconnect with others in their city, all the while safe distancing. Welcome to Phase 0 of Spain’s lockdown deceleration. See full story.
Service side of the U.S. economy crashes in April to recession levels, ISM shows
The massive losses suffered by retailers, restaurants, hotels, airlines and other service-oriented companies from the coronavirus cause a key economic bellwether to plunge in April to the lowest level since the 2007-2009 Great Recession. The ISMs survey of non-manufacturing companies plummeted to 41.8% in April from 52.5% in March. See full story.
J.Crew was in trouble even before COVID-19 due to a big debt burden and failure to keep up with trends
J.Crew, saddled with debt, has filed for bankruptcy, but experts say the issues go beyond just the balance sheet. See full story.
Disney’s struggles, videogames’ success and the potential for fake meat take earnings stage
The new winners and losers of leisure time will be on full display Tuesday as Walt Disney Co. prepares to outline its issues in the real world while videogame makers detail how the pandemic is playing out in virtual realms. See full story.
MARKETWATCH PERSONAL FINANCE
The line between ethics, divorce agreements and the IRS is a long and winding road, filled with pot holes, spaghetti roundabouts, sharp turns, and wide-eyed hitchhikers best to be avoided. See full story.
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