24 Hour Fitness files for bankruptcy as it closes more than 130 US gyms
The California-based company is the latest casualty of the outbreak, announcing the Chapter 11 bankruptcy filing on June 15.
Sales tax receipts for Dallas show big drop in April
The sales tax receipts for the city of Dallas show more than a 20 percent drop in April compared to last April.
Dow sinks 1,800 as virus cases rise, deflating optimism
Stocks are falling sharply on Wall Street Thursday as coronavirus cases increase again, deflating recent optimism that the economy could recover quickly as lockdowns ease.
Trump administration opposes $600 unemployment benefits extension
The Trump administration opposes a Democratic proposal to extend a $600 per week federal unemployment benefit approved in response to the coronavirus pandemic, Labor Secretary Eugene Scalia said Tuesday.
'We need help': Small cities face fiscal calamity from coronavirus
“This is not a downtown Allentown problem,” Santo Napoli said. “This is a Main Street everywhere problem.”
US employers laid off 7.7 million workers in April
U.S. employers laid off 7.7 million workers in April _ a sign of just how deep the economic hole is after the closure of thousands of offices, restaurants, stores and schools during the pandemic.
Are we getting a second coronavirus stimulus check? What we know so far
An unexpectedly strong jobs report makes it appear unlikely that Americans will see a new coronavirus aid bill -- or a second IRS stimulus check.
Mexico resumes tourism in Cancun and these beach destinations
Mexico's most popular beaches will resume tourism.
BP to cut 10,000 jobs worldwide amid COVID-19 pandemic
Chief Executive Bernard Looney said that the cuts will affect office-based roles in BP’s global workforce of 70,000 people and come mostly this year.
Economic Outlook
Derrick Kinney is a Certified Financial Educator. He walks us through the may jobs and explains if it does show signs of economic growth. Kinney also answers two big questions: Will more people be laid off soon and will people see another stimulus check?
Despite global reopening push, some jobs are gone for good
Factories and stores are reopening, economies are reawakening – but many jobs just aren’t coming back.
Fort Worth extends deadline for minority-owned business COVID-19 grants
The city of Fort Worth is extending the application deadline for grants to help minority owned businesses impacted by the coronavirus pandemic.
Cinemark, Studio Movie Grill planning to open some North Texas locations later this month
Two North Texas based movie theater chains plan to open some of their theaters in June as more COVID-19 restrictions are being eased.
US private sector lost 2.7M jobs in May
Private employers slashed 2.7 million jobs in May as the coronavirus-induced lockdown devastated the U.S. economy and labor market, according to the ADP National Employment Report released Wednesday.
Struggling to pay your mortgage? Credible CEO on 3 tips homeowners need to know
As the coronavirus pandemic cuts deep into Americans’ finances, millions of homeowners throughout the country are struggling to pay — or skipping entirely — their mortgage payments.
$25,000 forgivable loans, free mentorship available to help Dallas small businesses recover
There's more funding for small businesses in the city of Dallas. This time, there's free mentorship, too.
Dallas, Fort Worth zoos reopened Friday, along with many local water parks
Another round of businesses were allowed to reopen in Texas Friday.
Most TJ Maxx, Marshalls and HomeGoods stores could be reopened by end of June, company says
The company, which also owns Marshalls and HomeGoods, made the announcement in a recent press release.
EU proposes 750 billion-euro coronavirus recovery fund
The European Union proposed Wednesday a 750 billion-euro ($825 billion) recovery fund.
Economists say Texas unemployment could top 20 percent
At the Federal Reserve Bank of Dallas, economists used to tracking jobs and spending are now tracking the pandemic. Senior economist Keith Phillips talks to Good Day about how the economy went from full employment to widespread job loss. He shares his thoughts on how bad it is and whether this is the worst of it. More: www.dallasfed.org/research/forecast/2020/emp200522