1 in 4 Americans have lost job because of coronavirus; most think they'll return to work
One out of every four American adults say someone in their household has lost a job to the coronavirus pandemic, but the vast majority expect those former jobs will return once the crisis passes
Dow rises as S&P, Nasdaq slip in volatile session
The Dow Jones Industrial Average rose 110 points, or 0.47 percent, in the opening minutes of trading while the S&P 500 and Nasdaq Composite climbed 0.62 percent and 0.55 percent, respectively.
Mark Cuban discusses economic impact of COVID-19 in Fox Business virtual town hall
The entrepreneur and Dallas Mavericks owner is set to chat with “Making Money’s” Charles Payne on the economic impacts of the COVID-19 pandemic.
US unemployment claims surge by another 4.4 million
More than 4.4 million laid-off workers applied for U.S. unemployment benefits last week as job cuts escalated across an economy that remains all but shut down, the government said Thursday.
Program helps Texans who can’t afford electricity bill during COVID-19 pandemic
There is help for Texans who are out of work due to the coronavirus pandemic or otherwise qualify for unemployment benefits and can't afford their electric bill.
Texas Railroad Commission passes on putting cap on oil production
The price of oil fell again on Tuesday as the Texas Railroad Commission, which regulates oil, was divided about what to do.
Rep. Lizzie Fletcher pushing for $3 Billion buy for strategic oil reserve
As companies across the energy spectrum shed workers by the tens of thousands, Houston Congresswoman Lizzie Fletcher has launched legislation aimed at easing the debilitating supply glut.
Leader of JetBlue offers business wisdom in new book
The leader of JetBlue Airlines talks about his new book about business leadership, and how to guide the airline industry back to the air.
Some homeowners will face balloon payment after months of skipping mortgage
Some homeowners will owe a balloon payment for all the months skipped in just a few short months, so families are worried they won't be able to pay it. But there are options.
Government small business loan program doesn't help the little guy but Harris Co. is on track to do that
As small businesses feel the burn from the economic shutdown due to the COVID-19 pandemic, several thousand of them are applying for help.
As crude oil prices take historic plunge, industry experts say no need to panic
Oil industry experts believe the negative crude oil prices are likely short-lived and not a cause for great concern yet.
Self-employed workers report being denied unemployment benefits, but TWC says there's help
The Texas Workforce Commission says it began accepting applications for self-employed workers last week, starting April 12th. They say if you were rejected, it's because there are two kinds of unemployment insurance.
Ilhan Omar introduces bill to cancel rent, mortgage payments during coronavirus pandemic
Legislation has been introduced that would cancel rent and mortgage payments for Americans during the coronavirus pandemic. This would be available to all Americans regardless of income or employment.
Shake Shack to return $10M government loan
Shake Shack Inc will return the small business loan it received from the U.S. government, the burger chain's chief executive said on Monday, making it the first major firm to hand back money aimed at helping small businesses ride out the coronavirus impact.
USDA announces $19 billion Coronavirus Food Assistance Program to support food producers
Farmers, ranchers and producers would receive $16 billion in direct payments from the program, while $3 billion would be dedicated to the purchase of food products to be distributed to Americans in need.
Dow spikes 700 points as stocks notch second straight week of gains
The Dow Jones Industrial Average soared by as many as 612 points, or 2.6 percent while the S&P 500 and Nasadaq Composite climbed by 2.2 percent and 1.5 percent, respectively.
Trump gives governors 3-phase plan to reopen economy
“We’re starting our life again,” Trump said during his daily press briefing.
Unemployment claims jumped by 5.25M last week as coronavirus job carnage continues
The wave of layoffs that has engulfed the U.S. economy since the coronavirus struck caused 5.2 million more people to seek unemployment benefits last week.
President Trump: Data indicates US is 'past the peak' of COVID-19 epidemic
The president made his remarks on Wednesday.
COVID-19 shutdown threatens businesses in neighborhoods with limited choices
Financial assistance for struggling small businesses, is quickly running out of money and that could be discouraging news in neighborhoods where there were, already, limited choices.