NewsWatch: Here’s why the ‘unloved but welcome’ U.S. stock market rally from March lows won’t last, Goldman says

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MARKETWATCH FRONT PAGE

Brief hopes that U.S.-China trade tensions may subside appear to have been dashed. See full story.

Apple’s Tim Cook: Now is not the time for ‘standing on the sidelines’

Cook addressed his employees in an internal memo about inequality and discrimination as protests over the killing of George Floyd continue to erupt across the country See full story.

PMIs in Europe show businesses doing worse open than closed — if taken literally

How can a company be doing worse open than when it is closed? That’s the puzzle presented on Monday by the latest round of purchasing managers index readings across the globe, showing still depressed conditions. See full story.

Elon Musk vs. Bay Area officials: These emails show what happened behind the scenes in the Tesla factory fight

Emails detail what took place as Musk took public his fight with Bay Area officials and threatened first to reopen the factory without permission and then to move California’s only large auto manufacturer out of the state entirely. See full story.

My children, aged 10 and 15, each received $1,200 stimulus checks — will the IRS penalize us if we keep them?

‘My wife is on permanent disability and she receives a Social Security payment monthly for them. Were we supposed to get this money?’ See full story.

MARKETWATCH PERSONAL FINANCE

‘My wife is on permanent disability and she receives a Social Security payment monthly for them. Were we supposed to get this money?’ See full story.

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