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.

Coronavirus was devastating Europe’s nursing homes well before the U.S. Here are the lessons they learned

Tragedies across Europe’s elderly-care homes were trickling out well before big outbreaks of the coronavirus in the U.S. Here is what some experts in those countries are saying they’ve learned. 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 theme parks 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.

MARKETWATCH PERSONAL FINANCE

‘We’re seeing the red flags, and it’s really just the tip of the iceberg.’ See full story.

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