European markets sank Wednesday, despite Western governments promising to unleash billions of dollars to help businesses and citizens get through the coronavirus pandemic.
With volatility near all-time highs, it's best to steer clear of options and sit tight with some cash on hand, says Garrett DeSimone, head of quantitative strategy at OptionMetrics.
The United States border with Canada will temporarily close to "non-essential traffic" due to the coronavirus pandemic, President Donald Trump and Prime Minister Justin Trudeau said.
A day earlier, multiple outlets reported that Mnuchin told GOP lawmakers that the country's unemployment rate could hit 20% if they failed to act on a proposed coronavirus rescue package.
Tesla's Fremont factory is reportedly open on Wednesday morning, despite a Tuesday night statement from Alameda County that it does not meet the definition of an "essential business" and therefore should be subject to the county's shelter-in-place order, issued to stop the spread of COVID-19 coronavirus.
Cuomo said that such drastic policies would create more fear amid the COVID-19 outbreak, which has now infected more than 6,500 people across the U.S. and killed at least 115, according to Johns Hopkins University.
Members of the task force created to address the deadly coronavirus outbreak are expected to hold a press briefing Wednesday at the White House as state and local authorities take drastic measures to slow the spread of the disease.
The iPad Pro will ship in two sizes — 11- and 12.9-inch models — beginning next week. Apple's MacBook Air starts at $999, and orders begin on Wednesday.
World Health Organization officials are holding a press conference to update the public on the coronavirus outbreak, which has now infected more than 200,000 people.
U.S. mall owners are grappling with mounting retail and restaurant closures, and local mandates ordering non-essential retail be shut down, as businesses work to curb the spread of COVID-19.
The retailers are dealing with a spike in demand as shoppers go to Home Depot for home essentials and to Best Buy for tech-related products for online education and home offices.