Marketplace Morning Report

In 2019, Americans used more renewable energy than coal. The White House’s executive order on social media platforms. Tenants owe rent, and landlords owe mortgages. And, why leaders look to infrastructure spending in recessions.

The founder of the biggest hedge fund has plans for how capitalism must be restructured in order to better serve more people. And, the White House is out with an executive order to try to remove some legal protections for social media companies.

From the BBC World Service: Unemployment in India has risen to 24% with migrant workers facing an uncertain future. Imaging the future of retail, restaurants in Lithuania use vacant seating to make a catwalk of a different kind for local clothing stores.

Some people are starting to get rehired as states reopen, but, overall, we’re not hiring enough to offset the extraordinary magnitude of job losses. The history of the U.S. unemployment benefits system. And, Disney World’s plan to reopen this summer.

Since the lockdowns began, more than 30 million Americans have gotten approval to receive unemployment benefits, but many more are still trying to get filed and approved. Plus, reimagining the economy after COVID-19 with a federal jobs program.

From the BBC World Service: People in Venezuela will have to pay to refuel as vital oil supplies arrive from Iran. Hong Kong residents worry as China passes a controversial security law. Nissan will stop making cars in Barcelona.

Consumer sentiment plunged 19% in April, according to the University of Michigan’s index. Yet the stock market is up. What do these contrasting trends mean? The launch of HBO Max. The future of manufacturing. And, in buildings closed by COVID-19, stagnant water can become dangerous.

Gary Cohn is frustrated with partisanship surrounding what the federal government should do next over the economy during COVID-19. Plus, fast food employees in Chicago have filed a lawsuit against McDonald’s, asking for stricter health standards.

From the BBC World Service: Governments hope biking commuters will ease pressure on public transport and lower pollution. The European Commission unveils a fresh COVID-19 rescue plan. Renault, Nissan and Mitsubishi collaborate to cut costs.

More on the new safety rules at the New York Stock Exchange. The S&P hits 3,000 for the first time since early March. Home prices see their biggest jump in a year. The German government has agreed to pay $10 billion to keep the country’s flagship airline from collapsing.