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The 2020 presidential election can survive coronavirus, but only if we take these 3 steps
fortune.com

As of this week, 16 states have postponed their primaries, the only exception being Wisconsin. If the COVID-19 pandemic is not brought under control, even the apparent November contest between former Vice President Joe Biden and President Donald Trump is at risk. This is not the moment to hope for the best, but to plan […]

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Jerome Powell is proving to be the perfect leader for the coronavirus moment
fortune.com

Good morning. Here’s yesterday’s quote of the day: “None of us has the luxury of choosing our challenges. Fate and history provide them for us. Our job is to meet the tests we are presented.” That was Fed Chairman Jay Powell, speaking at the Brookings Institution, just a short time after announcing an extraordinary new […]

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Oil prices plunge as Mexico ditches Saudi-Russia production cut plans
fortune.com

A historic multilateral deal to lower global oil production and stabilize prices, led by record cuts from Saudi Arabia and Russia, is at risk as Mexico refuses to agree to the proposed curbs. The impasse threw into doubt efforts to revive the market from a debilitating coronavirus-induced slump. The deal by the group of nations […]

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Jobless claims soared. So did stocks. What’s behind this week’s markets moves?
fortune.com

This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Good morning, everyone. Most major indices are closed today for the Easter holiday. But there’s still plenty to talk about. Markets update We begin in Asia where the markets in Tokyo, […]

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Streaming church, Zoom seders: How coronavirus has pushed Easter and Passover services online
fortune.com

During a typical Easter Holy Week, the Basilica of the National Shrine of the Immaculate Conception in Washington, D.C., also known as Mary’s Shrine, welcomes roughly 50,000 visitors. As the largest Roman Catholic church in North America, the shrine serves as a focal point of observance for the largest Christian denomination in the U.S. during […]

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iPhone to your door: Chinese firms test super-fast phone delivery as coronavirus caution remains
www.cnbc.com

Analysts warned that consumers are still cautious about going outside and so quick deliveries could be a way to reach them.

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Trump administration seeks ban on China Telecom in US citing 'unacceptable' national security risks
www.cnbc.com

The Departments of Justice along with other federal agencies including the State Department, want the FCC to revoke China Telecom's license to carry out international telecommunications services to and from the U.S.

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Mexico throws OPEC's historic oil production cut into doubt ahead of G-20 meeting
www.cnbc.com

The historic deal was agreed on by all OPEC and non-OPEC producers participating in the conference, with the exception of Mexico.

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Lawmakers urge Mnuchin to stop debt collectors from seizing direct payments
www.cnbc.com

A bipartisan letter to U.S. Treasury from Sens. Sherrod Brown, D-Ohio and Josh Hawley, R-Mo went out Thursday.

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