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 The dollar was a touch firmer on Wednesday, buoyed by its safe-haven status with the world staring at what is likely to be one of the worst economic contractions for decades as it locks down to fight the coronavirus pandemic.
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 (Bloomberg) -- U.S. stock futures declined as investors assessed worsening American coronavirus figures as a new quarter begins. Asian shares traded mixed.Futures on the S&P 500 Index slid more than 1.5% after President Donald Trump warned of a "painful" two weeks ahead, with the country grappling to get the outbreak under control. Cases in New York state surged by 9,000. Stocks in Japan pared losses, while Australia's outperformed. Hong Kong shares had a modest retreat even as two of the city's largest lenders, Standard Chartered Plc and HSBC Holdings Plc, both suspended dividend payments because of the virus. In China, a private reading on the country's manufacturing sector beat expectations, rebounding in March. Treasuries held recent gains."In the U.S., the data remains fairly worrying and the peak may well be a few weeks on," Bob Parker, an investment committee member at Quilvest Wealth Management, told Bloomberg TV. "The economic data is clearly starting to improve in March in China after a very weak January and February."Global stocks are coming off their worst quarter since the end of 2008, tumbling 22%. That's enticed some investors back into equities, but with volatility elevated, many expect further declines.READ: Rogers, Gundlach Say the Worst of the Rout Has Yet to ComeThe coronavirus is guaranteed to throw the world into recession, and economists are becoming less convinced about the potential for a strong snapback in growth. Data on Wednesday showed the China Caixin manufacturing PMI
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'Everybody's in the same boat': Coronavirus drives New York's hospitals to breaking point POLITICOCoronavirus: Medical Workers Rush To New York City As Bed Spaces Fill Up | NBC Nightly News NBC NewsCoronavirus deaths in the US top 3,000, as New York remains US epicenter Fox News LatinoSorry, mayor, you can't close churches permanently: De Blasio's wild overreaction to houses of worship that bu New York Daily News
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Live updates on stock market and business news during the coronavirus outbreak.
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Coronavirus pandemic changes way of life: Live updates CNN InternationalLouisiana coronavirus cases jump to more than 4000 | WNT ABC NewsLouisiana pastor charged with defying coronavirus order against large gatherings NBC NewsA second pastor has been charged with violating public orders against large gatherings CNNLouisiana pastor who defied coronavirus order arrested on m
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 The Madison Square Garden Co. said late Tuesday that its board of directors had approved the spinoff of its the sports and entertainment business. Madison Square Garden stock gained 1.7% during the extended session. The company said it expected the spin-off to completed in mid April. Madison Square Garden also said it was suspending construction of a venue in Las Vegas called MSG Sphere as a result of the COVID-19 pandemic. Madison Square Garden executive chairman James Dolan has tested positive for the coronavirus and is in self-isolation, according to the Associated Press.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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Whole Foods workers hold ‘sick-out' to demand hazard pay during pandemic The GuardianAmazon fires warehouse worker who led Staten Island strike for more coronavirus protection CNBCAmazon, Instacart workers plan strike for better protection, pay | USA TODAY USA TODAYWhole Foods Workers Stage Sickout Over Coronavirus Concerns WCBS 880Daily Crunch: Amazon warehouse workers walk out TechCrunch
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Wall Street wrapped up a horrific three-month run defined by trillions in losses from an economy paralyzed by the coronavirus pandemic.
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 Asian shares faced another
leg lower on Wednesday as the coronavirus sharply slows global
growth, leading a gauge of world stocks to post its biggest
quarterly decline in more than a decade and oil prices to trade
near lows last seen in 2002.
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Asia markets, Dow futures fall after the index finishes its worst month since October 2008 CNNDow Jones Futures: Stock Market Rally Stalls As US Coronavirus Cases Soar; Amazon, AMD, Nvidia, Microsoft Set Up Investor's Business DailyOfficially the worst quarter for stocks since 2008 Fox BusinessWall Street rallies, after Trump extends shutdown until April 30 NBCNews.comDow sinks, virus pushes it to sharpest quarterly plunge in over three decades Reuters
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U.S. stock index futures fell late Tuesday, indicating losses when the market opens to a new month Wednesday. As of 9:45 p.m. Eastern, Dow Jones Industrial Average futures were down more than 260 points, or 1.2%, and S&P 500 and Nasdaq-100 futures were also around down around 1%. Earlier in the day, the Dow closed down 410 points, closing out the first quarter down 14%, its worst quarterly performance since 1987. After the markets closed Tuesday, President Donald Trump warned the coming weeks would be "very painful," as the White House projected between 100,000 and 240,000 deaths from the coronavirus outbreak.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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Citing low interest rates, the president tweeted that now is the time to push forward with a "VERY BIG & BOLD" infrastructure package.
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Florida has not issued a statewide stay-at-home order amid coronavirus crisis. Some support Gov. Ron DeSantis' approach. Others don't. USA TODAYFlorida Governor Ron DeSantis refuses to let Zaandam cruise ship dock CBS This MorningFlorida gov says if White House recommended stay-at-home order it would 'carry a lot of weight' | TheHill The HillFlorida Gov. Ron DeSantis's doubly dicey border order Washington Examiner
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Trump projects up to 240,000 coronavirus deaths in U.S., even with mitigation efforts The Washington PostTrump warns of 'painful' two weeks ahead as White House projects more than 100000 coronavirus deaths CNNMore Americans could die from COVID-19 than Civil War battle: study - Business Insider Business InsiderTrump warns of 'very bad' weeks ahead during grim coronavirus briefing Washington Post
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France Announces Plan To Aid Domestic Abuse Victims During Coronavirus Crisis NPRNY domestic violence programs see client numbers decline as coronavirus traps survivors at home CNBCFrance sees jump in domestic abuse amid coronavirus lockdown, to house victims in hotels Fox NewsAs domestic abuse rises in lockdown, France to fund hotel rooms Al Jazeera English
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Mexico's state oil company
Petroleos Mexicanos said on Tuesday that it will maintain crude
production levels even as the coronavirus pandemic erodes demand
around the world and crude prices continue dropping to historic
lows.
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 Xerox pulled out of its hostile takeover of HP Tuesday, citing the economic uncertainty around the coronavirus pandemic.
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 Workers can't be fired for coughing on the job, and employees can ask their boss to pay for hand sanitizer, experts told MarketWatch.
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Results of a private survey released on Wednesday showed China's manufacturing activity 50.1 in March as factories began to come online amid a coronavirus outbreak.
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The recently passed $2 trillion coronavirus aid package includes nearly $350 billion for small business loans. Here's how your small business can receive assistance.
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President changes tone as he tells Americans to prepare for ‘very, very painful two weeks'
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Risk currencies looked fragile and the yen firmed on Wednesday, the first day of a quarter that looks set to see the worst economic contractions for decades in many countries as they scramble to tackle the coronavirus epidemic.
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Amazon Worker Leads Protest Against Working Conditions, Is Fired | All In | MSNBC MSNBCAndy Puzder on employee walkouts at Amazon, Instacart: 'Disaster' if online ordering slows down Fox News'Us grocery store workers need to be fairly compensated.' Protests at Amazon, Whole Foods begin. USA TODAYCoronavirus Prompts Instacart and Amazon Strikes Over Health Concerns The New York TimesAmazon auditions to be
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Activist groups around the country are organizing a rent strike to draw attention to the financial hardships caused by the coronavirus.
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Oil prices on Tuesday reveal the largest quarterly percentage declines on record, and a loss of more than half their value for the month amid a demand slump caused by the coronavirus pandemic and a glut of supply thanks to a Russia-Saudi oil-price war.
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Latest signs of manufacturing recovery in China fail to soothe investors
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Major automakers are due to report U.S. sales this week, giving investors a better grasp of the damage from coronavirus containment measures, which have shut both dealerships and factories across the country.
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Rihanna's Clara Lionel Foundation (CLF) and JAY-Z's Shawn Carter Foundation (SCF) each donated $1 million to COVID-19 response efforts.
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The coronavirus crisis is going to push unemployment past 10%, but it may not be as bad as some forecasts, Cleveland Federal Reserve President Loretta Mester said in a CNBC interview Tuesday.
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Dow is on track for its worst quarterly performance since 1987 — here's how the stock market tends to perform after damaging quarters MarketWatchDow drops 400 points as stocks close out their worst first quarter ever CNBCCoronavirus economic updates: Markets slip slightly myCentralOregon.comStocks fall, capping Wall Street's worst quarter since 2008 The Detroit News
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Consumer confidence nosedives, as America braces for more economic pain to come NBCNews.comConsumer confidence tumbles in March as coronavirus cases surge CNBCCoronavirus hits the economy where it hurts: Consumer confidence POLITICOU.S. Consumer Confidence Is Plunging - But More Pain Is Coming CCN.comBrands should take opportunity 'to shine' as lockdown takes toll on consumer confidence Marketing Week
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It'll be up to local franchisees to decide how to distribute the Colonel's bounty.
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The coronavirus pandemic and the measures taken to stem its spread left the struggling department store chain little choice.
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 Facebook will begin rolling out its Community Help feature in Australia, Canada, France, the U.K. and the U.S. over the next few days to enable people to help community members who are most impacted by the coronavirus pandemic. The social network debuted Community Help in February 2017 as an extension to its Safety Check feature,...
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The coronavirus outbreak has forced many consumers to rethink how they'll carry out everyday household errands without putting themselves in harm's way. In recent weeks, grocery stores have been wiped out by frantic shoppers stocking up on essential items such as toilet paper and disinfectant wipes. But as more consumers adhere to shelter-in-place recommendations and more stores limit access, online grocery shopping is fast trending up.
In fact, GroceryDive.com reports that Instacart, Walmart Grocery and Shipt have all seen surges in average daily app downloads in the last month. Instacart led the way with a 218% increase, followed by Walmart at 160% and Shipt at 124%.
Suddenly, the dynamics of online grocery shopping have changed dramatically -- even for longtime customers. We've talked with industry insiders and smart shopping experts about what consumers can expect these days when ordering groceries online. Here's what they had to say.
SEE ALSO: 10 Products in Short Supply Due to the Coronavirus
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