NewsWatch: The coronavirus-led economic recession may be over, but the depression has barely begun

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MARKETWATCH FRONT PAGE

America is exceptionally bad at public health, but it isn’t much better at economic policy. See full story.

Bill Gates: Poor U.S. response is making pandemic picture ‘more bleak than I would have expected’

Appearing CNN, Bill Gates said the U.S. is “not even close” to doing everything it can to battle the pandemic, and said the global response is worse off because of a lack of leadership from the U.S. See full story.

The Federal Reserve’s bank stress tests put dividend payments at risk

Among the ‘big six’ U.S. banks, it appears Wells Fargo is the most at risk for a third-quarter dividend cut. See full story.

These 6 health-care stocks are ‘buys’ because they can thrive under either Trump or Biden

Target shares of innovative companies whose products and services will gain in popularity no matter what changes are made to the U.S. health-care system. See full story.

After years of talk, tech companies appear to be getting serious about diversity efforts

Amid nationwide protests, tech companies that have struggled to recruit black workers are moving from nebulous efforts that proved to be mostly lip service to concrete plans and financial commitments, including specific hiring goals and amounts of money dedicated to the effort. See full story.

MARKETWATCH PERSONAL FINANCE

A cash-out refinance may seem attractive to Americans looking to beef up their financial reserves amid economic turmoil, but there are drawbacks. See full story.

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