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The Reader is your weekly round up of stories and insights you need to know, curated by Fortune editor-in-chief Clifton Leaf.

Retailers are laying off thousands.

Jeff Kowalsky—AFP/Getty Images

Everything you need to know about furloughs

The record 6.6 million jobless claims this week have added yet more uncertainty to any timetable for recovery. But even within these numbers there is confusion for many—starting with the difference between a “layoff” and a “furlough.” We’ve got that answer and everything else you need to know about the job cuts.

BY REY MASHAYEKHI

March 30, 2020

Video

“We are woefully underprepared”

What is it like on the front lines of the COVID-19 pandemic? A nurse gives a first-hand account of the taxing workload and shortages facing hospitals.

March 26, 2020

The USPS could close in June

The United States Postal Service, with a net worth of negative $65 billion, was expected to run out of liquidity by 2021. But the coronavirus has accelerated that timetable. Without federal help, it could close in just a couple months.

BY NICOLE GOODKIND

March 30, 2020

When will we know the stock market has hit rock bottom?

The stock market rally last week may have offered investors a short-term respite from the recent carnage, but it’s still too early to declare the worst is behind us. Here are 3 things that must happen for the market to truly trough.

BY ANNE SRADERS

March 30, 2020

REAL ESTATE

The startup that sells you a share of an apartment

Compound lets investors buy a fraction of a specific property, for a fraction of what a typical real estate investment might be.

BY TRACEY LINDEMAN

March 28, 2020

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