NewsWatch: Dow futures tumble nearly 900 points as U.S. coronavirus cases rise, after Fed’s grim economic outlook

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MARKETWATCH FRONT PAGE

U.S. stock-index futures tumbled early Thursday as investors worried about signs of coronavirus cases rising again and digested Wednesday’s downbeat economic outlook from the Federal Reserve. See full story.

Yes, America needs to brace itself for a second wave of coronavirus

Coronavirus cases in the U.S. have surpassed 2 million, and have risen by double-digit percentages in 16 U.S. states that have loosened restrictions since Memorial Day. See full story.

Locals reclaim Madrid as their city while waiting for the tourists to return

Spain’s capital has a new rhythm, echoing what’s happening across Europe as popular cities, devoid of tourism, return to their roots as places to live, work and play. See full story.

U.S. oil prices tumble 7% as worries of resurgence in coronavirus and rise in U.S. inventories slams futures

Oil futures tumble Thursday as a report on rising U.S. inventories, evidence of climbing cases of coronavirus, and a gloomy economic outlook from the Federal Reserve combine to undermine the recovery from historic lows seen in April. See full story.

‘Incidence of violence and inhumanity against blacks in this country must stop’ former AmEx CEO Chenault says

Former CEO of American Express Ken Chenault delivered an impassioned message and appeal to businesses and at the start of a Barron’s Group event on Wednesday. See full story.

MARKETWATCH PERSONAL FINANCE

Extending the extra $600 could create a disincentive to return to work, some lawmakers say. See full story.