Marketplace Morning Report

This month, 84% of apartment dwellers paid rent by April 12. But not everyone could pay all of it. The stock market is buoyed by some health care news. The president of the Philadelphia Fed offers some insight.

Among the new federal guidelines for easing the economy back up is more widespread testing. A global perspective on getting back to work after sheltering in place. China’s economy contracts for the first time in decades.

From the BBC World Service: The COVID-19 pandemic takes its toll on the world’s second largest economy. Hennessy, orange juice and an unlikely alliance in this week’s global business roundup. What can Iceland teach the rest of the world about virus testing?

The Payroll Protection Program has run through its money already. About 5.25 million people filed for state unemployment benefits in the last week. Buses in Detroit are now free, but bus drivers have safety concerns as essential workers.

Context on the millions more who signed up for state unemployment benefits in the last week. Big banks pledge that stimulus checks will not go toward covering overdraft fees and such. Is the current economic narrative a self-fulfilling prophecy?

From the BBC World Service: Britain flies in foreign workers to harvest fruit during the COVID-19 outbreak. Germany starts to open up. The challenges of lockdown for many Indian migrant workers.

Retail sales fell dramatically in March, slightly more than the pessimistic forecasts of economists. How to gradually lift stay-at-home orders and phase in economic activity. Do we pay enough to workers at the frontlines of this pandemic? Airlines reach a bailout deal.

When you turn off large parts of the economy, cities and states aren’t collecting as much in taxes. New numbers on homebuilders’ confidence — or pessimism. Even before the pandemic, online therapy and therapy apps were booming.

From the BBC World Service: G-20 officials will decide whether to support an agreement to suspend debt payments for some of the world’s poorest economies. In Spain, some people are heading back to work. One top London chef is swapping the banquet hall for the lunch hall to help feed kids.

The market is clearly pricing in a recession. More Americans are putting their mortgage payments on hold. The latest on business interruption insurance. NBCUniversal is set to launch its Peacock streaming service.