Marketplace Morning Report

Still waiting for stimulus money? The deadline for people to get their direct deposit bank information to the IRS is Wednesday. Optimism among small business owners is down. Frugality is becoming more ingrained in the culture.

From the BBC World Service: Saudi Arabia takes a hit as profits at its state-run oil firm dip. Toyota and Honda release warnings about the year ahead for automakers. The Premier League warns its soccer clubs they’ll owe TV broadcasters more than $400 million.

The White House and members of Congress are considering whether to push another stimulus package. Unemployment may get worse yet before it gets better. How hotels are having to rethink safety. COVID-19 puts Britain’s relationship with China under strain.

Workers and employers want to know: When will it be safe to go back to work? And how will we know? Data emerges that shows U.S. meat is still being shipped overseas, especially to China. France is starting to lift many of its virus restrictions.

From the BBC World Service: We hear from the construction and hospitality industries as the U.K. government unveils plans to exit the country’s lockdown. A look at Paris on the first day back at work after one of Europe’s longest and strictest lockdowns. Disneyland in Shanghai reopens.

The U.S. lost 20.5 million jobs in April. The unemployment rate is at 14.7%. Native American tribes are grappling with a surge of COVID-19 cases. Food banks at colleges and universities are seeing more and more students show up.

As bad as the jobs numbers will be, they won’t capture the full picture of unemployment. The White House says the first phase of its trade deal with China is on track. How will people celebrate Mother’s Day during the pandemic?

From the BBC World Service: A London brewery wants people to donate a beer to support hardworking health care professionals. Australia announces its COVID-19 recovery plan. Contact tracing faces a hurdle over users’ data privacy.

Another 3.2 million people filed for unemployment. Only in a COVID-19 economy could that be an improvement. Facebook’s oversight board is here. Millions of undocumented immigrants and some legal immigrants won’t receive government aid. Sinclair hit with a record FCC fine.

Graduating from college during a pandemic can be a career nightmare. One college wants to give its class of 2020 a leg up. Filings for state unemployment benefits have been soaring, but that number misses many people. And, listener stories from Econ Extra Credit.