Tuesday's News Links

[Yahoo/Bloomberg] U.S. Stocks Fluctuate; Crude Oil Edges Higher: Markets Wrap

[Reuters] Euro, Italian bonds cheer EU recovery fund plan

[Reuters] Powell, Mnuchin to face Senate grilling on U.S. coronavirus response

[CNBC[ U.S. housing starts drop to 891,000 in April, vs 927,000 expected

[CNBC] Coronavirus live updates: U.S. cases surpass 1.5 million; retail earnings show strong sales

[CNBC] Trump threatens to permanently cut off WHO funding, withdraw U.S. membership

[Reuters] China says U.S. trying to shift blame and smear Beijing over WHO

[Yahoo/Bloomberg] America’s Zombie Companies Are Multiplying and Fueling New Risks

[Yahoo/Bloomberg] Trump’s China Rhetoric Is the Next Risk for Emerging Markets

[Reuters] Australia faces 'unprecedented' economic hit from coronavirus: RBA minutes

[Yahoo/Bloomberg] MIT Professor’s Moderna Stake on Brink of Topping $1 Billion

[NYT] Fear of Risk Could Diminish the Economic Rescue by the Treasury and Fed

[Bloomberg] China Considers Further Relief as Deadline Nears on $211 Billion in Bad Debt

[Bloomberg] Russia Economy Contracted by a Quarter in April, Early Data Show

Monday Evening Links

[Reuters] Asia shares set to follow Wall Street rally on vaccine hopes

[CNBC] Dow surges more than 900 points in best day since early April amid hope for coronavirus vaccine

[Reuters] Fed's Powell: CARES Act 'critical' to support for economy

[Reuters] More than 8% of U.S. mortgages now in forbearance: MBA weekly survey

[CNBC] Coronavirus live updates: States are reopening gyms, casinos and malls as business owners adjust to precautions

Monday Afternoon Links

[CNBC] Dow rallies 900 points as Wall Street cheers potential coronavirus vaccine

[CNBC] Coronavirus live updates: New York plans for return of pro sports, Germany and France push for massive recovery fund

[Reuters] U.S. homebuilder confidence rises in May

[Reuters] IMF chief warns full global economic recovery unlikely in 2021

[Reuters] Moody's warns of risks to Brazil 'stable' rating outlook from deep recession

[Yahoo/Bloomberg] Trump’s China Rhetoric Is the Next Big Risk for Emerging Markets

[Yahoo/Bloomberg] Don’t Be Fooled by the Calm in Emerging Markets. Risks Remain

[Yahoo/Bloomberg] China May Agree to Delay, Not Forgive, $150 Billion Africa Debt

[NYT] China Lent Billions to Poor Countries. They Can’t Pay It Back.

[WSJ] Why Coronavirus Increasingly Exacerbates the Red-Blue Divide

[FT] Xi seeks to cast China as guardian of global order