Layoffs continue as 840,000 seek unemployment aid
The government will provide its latest picture Thursday of the pace of layoffs in the United States, which have remained high since the viral pandemic erupted in March while federal aid for the jobless has lapsed.
IRS reaching out to millions who have not claimed $1,200 stimulus check
The head of the IRS, on the defensive over millions of Americans in danger of missing coronavirus relief payments, says the agency is reaching out to low-income and homeless people, military personnel and veterans and those with limited English to notify them they may be eligible.
Trump says he'd sign off on specific coronavirus relief measures after halting talks
President Trump on Tuesday said he would sign off on specific coronavirus relief measures aimed at helping the airlines and small businesses.
Fed chair warns lack of further COVID-19 stimulus imperils economic recovery
Federal Reserve Chair Jerome Powell warned that a recovery from the COVID-19 pandemic recession could falter unless the federal government supplies additional stimulus relief.
Trump halts COVID-19 stimulus talks until after election
President Donald Trump says he has instructed aides to stop negotiating on another round of COVID-19 relief until after the election.
Hiring slows for 3rd month; US unemployment rate falls to 7.9%
America’s employers added 661,000 jobs in September, the third straight month of slower hiring and evidence from the final jobs report before the presidential election that the economic recovery has weakened.
Stock futures plunge after Trump confirms he has coronavirus
U.S. equity futures plunged by more than 1.6%, or 500 Dow points after President Trump confirmed through a tweet that he and the first lady tested positive for coronavirus.
Layoffs remain high as 837,000 seek unemployment aid
The number of Americans seeking unemployment benefits declined last week to a still-high 837,000, evidence that the economy is struggling to sustain a tentative recovery that began this summer.
Texas Workforce Commission tells unemployed Texans to return $215M in overpayments
The Texas Workforce Commission says it overpaid unemployment benefits to some people by more than $200 million.
Senate passes stopgap bill to fund US government through December
The last-minute approval came just hours before funding expired at midnight on Wednesday.
Emergency SNAP benefits extended for October
The Texas Health and Human Services Commission will provide approximately $196 million in emergency SNAP food benefits.
Study: Half of Americans who lost jobs amid COVID-19 pandemic remain jobless
A new study conducted by the Pew Research Center found that about half of Americans who lost their jobs due to the COVID-19 pandemic are still jobless.
Coronavirus economic impact could lead to another mortgage crisis
The coming months could bring a coming coronavirus mortgage crisis.
Federal judge postpones Trump ban on popular app TikTok following emergency hearing
A federal judge on Sunday postponed a Trump administration order that would have banned the popular video sharing app TikTok from U.S. smartphone app stores around midnight.
Climate change poses ‘major risk’ to US financial system, federal report warns
The report, commissioned by President Donald Trump’s CFTC, found that climate change is already impacting or is anticipated to impact nearly every facet of the economy.
North Texas student turns chalk hobby into business during pandemic
The pandemic is forcing a lot of people to get creative. And that's exactly what one North Texas woman who lost her job did. Now Brinley Ash in high demand for her sidewalk art.
Despite tax rate reduction, Dallas homeowners should expect higher tax bills in 2021
The cut is not expected to be enough offset rising property values, and many city leaders predict fallout from the divisive issue of significantly cutting the Dallas Police overtime budget.
Unemployment claims at 870,000 as fraud and backlogs cloud data
The number of people seeking U.S. unemployment aid rose slightly last week to 870,000.
Wells Fargo CEO apologizes for comments about diversity
Scharf said that “there is a very limited pool of Black talent to recruit from” in corporate America. The memo to employees was written in June, but became public this week.
Amazon Prime Day has a date
Amazon Prime Day pulled in over $7B in 2019