US unemployment drops unexpectedly to 13.3% amid outbreak

The U.S. unemployment rate fell unexpectedly in May to 13.3% — still on par with what the nation witnessed during the Great Depression — as states loosened their coronavirus lockdowns and businesses began recalling workers.

Wall Street's rally zooms higher after surprise gain in jobs

The report gives credence to the building optimism among stock investors that the economy can recover relatively quickly from its current hole.

JCPenney shutting down 154 stores after coronavirus-driven bankruptcy

Nearly three weeks after JCPenney filed for Chapter 11 bankruptcy, the company has announced it will close down 154 stores nationwide in 38 states as a first step in reorganizing the business.

Universal Orlando to reopen on Friday with new safety protocols like virtual queues and distancing on rides

Several new safety measures will be in place when Universal Orlando reopens to the public on Friday. This will include virtual queues instead of lines and just a few people on rides at a time to assure social distancing.

Capacity increased at Typhoon Texas Waterpark under next phase of Texas reopening

Texas Governor Greg Abbott announced the third phase of his plan to reopen the state on June 3 and it immediately went into effect allowing businesses to operate at 50% capacity.

Mortgage relief options — refinance or loan modification?

If you want to save money on your mortgage, find out if a refinance or loan modification is a good option for you.

How to find the best student loans (and get the lowest rates)

Shopping for the right student loans can help you save money on your education. Here are three key factors to look for when selecting a student loan lender.

Mortgage refinance: Everything you need to know

With interest rates in steep decline, it’s a good time to refinance a mortgage. Just make sure you’re taking the right steps.

Cinema chain AMC warns it may not survive the pandemic

Movie theater chain AMC warned Wednesday that it may not survive the coronavirus pandemic, which has shuttered its theaters and led film studios to explore releasing more movies directly to viewers over the internet.

Amazon plans event to jump-start summer sales

Amazon is planning another big shopping event apart from Prime Day to help jump-start summer sale.

Small businesses bearing brunt of protest destruction

Small businesses, many minority-owned, are bearing the costs of the destruction and struggling to survive after the crippling coronavirus shutdowns.

FOX 7 Discussion: People using COVID-19 funds to help damaged businesses

Joe Monastero with the Texas Restaurant Association joins Marcel Clarke on FOX 7 Austin to talk about funds for restaurants damaged by looting and vandalism.

When should you refinance your mortgage?

Interest rates are at historic lows, signaling a good time to refinance.