I heard oil prices went negative. What does that mean? Should I invest?

Oil prices have been getting wrecked recently. A price war between Saudi Arabia and Russia, plus an unprecedented drop in demand due to the standstill in global travel are mostly why. This week’s record low oil prices piqued the interest of a few novice oil tycoons, with hundreds of millions of dollars flowing into the United States Oil Fund, a vehicle for individual investors to buy into the commodity. But they’re likely going to lose some money, investment analysts say. The fund isn’t designed as a long-term investment, as many of these inexperienced investors might have thought. Instead, most profits are made by those who are closely watching short term price movements. With oil prices likely to continue to fall, those buying into the fund right now hoping to bet on prices bouncing back in the future are probably going to get squeezed.

Did President Trump really ban all immigration to the U.S.?

Not quite. In a late night tweet this week, the president said that he planned to suspend immigration into the U.S. with an executive order. In reality, though, the order is less restrictive than originally thought. Some foreign workers and family members of U.S. citizens won't be able to move to the U.S. in the next 60 days. But the order won't impact most employment-based immigration, the order’s original stated purpose. “It’s a PR stunt more than anything else," said Mark Krikorian, president of the Center for Immigration Studies.

Florida was this week’s most searched state.

Plenty of people had opinions about Florida becoming one of the first states in the U.S. to start opening its beaches. With "florida morons" trending as one of the most popular Florida-related queries of the week according to Google Trends, it's safe to say plenty of them were negative.

The real unemployment rate is much higher than it looks.

We won't know the official number until early May, since unemployment numbers are released the first Friday of every month. But economists think the U.S. unemployment rate is nearing 20% because of pandemic-related lockdowns, up from 3.5% in February. The U.S. hasn't had unemployment numbers that high since the Great Depression. In the past five weeks, more than 26 million people have lost their jobs nationwide.

4,400,000 — the number of people who applied for unemployment last week.

300% — the alleged markup on some eggs being sold by the nation's largest egg producer.

$1,600 —how much one Cleveland man won last month playing NBA 2K competitively. Betting on esports has risen dramatically since the pandemic began.

$37 — How much it would cost you to fly from New York City to Miami next month, according to Kayak.

20,000 — The number of new daily users of CheckmateGaming.com, an esports betting platform.

$1.78 — The average price of a gallon of gas in the U.S.

11 — How many times less per week consumers are using personal care products like shampoo and deodorant on average.

21% — The estimated share of New York City residents who've already been infected with the coronavirus.

0 — The number of circumstances under which it would be acceptable to ingest Lysol, according to a statement from the company, after President Trump appeared to suggest that a disinfectant "injection" can kill the coronavirus in humans.

How did some large companies get millions in small business loans?

The small-business loan program that was part of the recent $2.2 trillion stimulus package was meant for companies that employ 500 or less people. But large hotel and restaurant chains were able to lobby Congress into granting them an exemption that let them access the $350 billion loan fund too, regardless of how many people they employ. That allowed companies like Shake Shack, which got a $10 million loan, and Ruth's Hospitality Group, owners of Ruth's Chris Steakhouse, who got $20 million, to cash out, while thousands of the country's smallest businesses were unable to access loan funds before they ran dry. Both companies said they'd return the money after public backlash. But overall, the loan funds were disproportionately doled out to the largest companies. Nearly 28% of the loan fund went to just 2% of the businesses. Comparatively, the smallest companies, which made up 74% of businesses that got aid, collectively recieved 17% of the fund. In response, the Small Business Administration warned large companies against seeking these loans. But the guidance wasn't formal, and won't necessarily stop them from doing so.

• Go listen to: "The Scotts," Kid Cudi and Travis Scott's new single. Just before it came out Friday, Scott teased a snippet during his virtual concert in the game "Fortnite," a concept I don't quite get. It drew more than 12 million fans though.
• Go watch: "The Last Dance," ESPN's 10-part documentary event about Michael Jordan's last season with the Chicago Bulls. Last week's debut sparked more than 1.6 million tweets during the first two episodes.
• Go stream: Season six of "Dissect," Spotify's serialized music analysis podcast. The new season breaks down Beyonce's 2016 album, "Lemonade."
• Go play: "Mario Kart 8 Deluxe." It's probably the best quarantine game out there. If you have a Nintendo Switch, let's race: My friend code is SW-2062-1494-3631.
• What I've got on repeat: "Midnight in Peckham," a 2015 deep house track from London duo Chaos in the CBD. It's the closest we'll get to a dance party until 2021.

My colleagues at WSJ Noted and I have been documenting how the pandemic is upending the lives of young adults across the globe. This week, I profiled five essential workers on the pandemic's frontlines in New York City. You can read their stories here. And follow WSJ Noted on Instagram to see more photos.

We're also looking for passionate storytellers to help support our Noted staff in telling the stories that matter. Interested? You can apply here.

I'd love to hear your feedback on this new newsletter. Hit reply and let me know. You can also reach me on Twitter @tylergabriel_