The forces shaping markets and the economy are often hiding behind a blur of numbers.

So that's why we created The Big Take from Bloomberg Podcasts, to give you the context you need to make sense of it all.

Every day in just 15 minutes, we dive into one global business story that matters.

You'll hear from Bloomberg journalists like Matt Levine.

A lot of this meme stock stuff is, I think, embarrassing to the SEC.

Follow the Big Take podcast on the IHeart Radio app, Apple Podcasts, or wherever you listen.

Welcome to Prognosis. I'm Francesca Levy.

Laura Carlson is out.

It's day 119 since coronavirus was declared a global pandemic.

Today's main story. The virus still plagues many countries.

But in the six months or so since it first emerged in humans, we have learned

a lot about how to treat it. That knowledge may help us save many more lives than in the early

days of the pandemic. But first, here's what happened in virus news today.

U.S. President Donald Trump is amping up pressure to send kids back to school regardless of the safety risks. Today, he blasted the Centers for Disease Control and Prevention

after they set guidelines for reopening schools. In a tweet, Trump called the guidelines,

quote, very tough and expensive, and said he would meet with the CDC.

Earlier, Trump said he may cut funding if schools do not open before

the November election, saying keeping them closed benefits the Democrats. The country's largest

public school system, New York City, announced today that students would probably return to physical schools part-time this fall.

Mayor Bill de Blasio said he anticipates a blended learning program with students in class two to three days a week.

New York State Governor Andrew Cuomo said a decision on schools would be announced the first week of August.

Melbourne, Australia's second largest city, goes into lockdown today for the second time in four months.

...