Wall Street rallies for third day as investors focus on stimulus
Reuters: Wall Street rallied for a third straight session today as record weekly jobless claims came in below investors’ worst fears and investors focused on an unprecedented $2 trillion stimulus awaiting approval by the U.S. House of Representatives. The Dow Jones industrial average closed up 1,351 points, or 6.38%.

Stimulus bill gives student-loan borrowers six months of relief
MarketWatch: Student-loan borrowers struggling to make payments as the coronavirus cripples parts of the U.S. economy will get a temporary break under the $2.2 trillion stimulus bill the Senate unanimously approved late Wednesday. The Coronavirus Aid, Relief and Economic Security (CARES) Act lets student-loan borrowers take a six-month break from making payments on their federally backed student loans. Until Sept. 30, borrowers will not be penalized for late payments. The CARES Act extends a two-month pause that President Donald Trump announced for student-loan payments last week. 

– Walmart hires 25,000 in first week of hiring surge, thanks to streamlined process (Fortune)
– Cheesecake Factory won’t pay April rent as coronavirus hurts restaurants (USA Today)