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

Retail-to-go begins as first phase of Texas businesses reopening

Retail businesses, many of which have been considered non-essential during the coronavirus COVID-19 shutdowns, are now able to open up and offer options much like restaurants have been offering.

Ruth's Chris Steakhouse owner to return $20M in small business loans

Ruth’s Chris Steakhouse owner, Ruth’s Hospitality Group, announced Thursday that it is repaying $20 million in coronavirus aid received under the Paycheck Protection Program after the Treasury Department asked publicly traded companies to return the funds meant for small businesses.

Task force created to work on reopening Central Texas economy

Travis County Judge Sarah Eckhardt, Austin Mayor Steve Adler, and Austin Chamber President and CEO Laura Huffman spoke about the task force and also discussed what the public needs to know and do before the economy is reopened.

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.

New home sales plunge 15.4% in March as virus hits

Sales of new single-family homes dropped to a seasonally adjusted annual rate of 627,000 last month, according to the U.S. Department of Commerce.

Walmart begins mandating one-way aisles

In order to encourage social distancing while shopping during the COVID-19 pandemic, Walmart stores are updating their policy by creating one-way aisles. 

Publix buying excess milk, produce from farmers and donating it to food banks

As farmers around the country have been forced to dump milk and destroy produce due to the COVID-19 pandemic, Publix announced a new initiative to partner with those farmers and bring them some relief.

Penguin Random House donates 750K books to students following school closures due to COVID-19

Publishing company Penguin Random House announced it has donated 750,000 books to First Book, an education nonprofit dedicated to bringing books to students in need amid school closures due to COVID-19. 

Dow climbs 456 points as oil stabilizes and small business funding nears

The Dow Jones Industrial Average climbed 456 points, or 1.99 percent, while the S&P 500 and Nasdaq Composite gained 2.29 percent and 2.8 percent, respectively.

Social Security and Medicare funds at risk even before coronavirus pandemic

For Social Security, the projected 2035 date for exhausting the trust fund reserves means that it would be able to pay only 79% of benefits.

Tyson to suspend operations at largest pork plant indefinitely following coronavirus outbreak

Tyson Foods suspended operations Wednesday at an Iowa plant that is critical to the nation’s pork supply but had been blamed for fueling a massive coronavirus outbreak in the community.

City officials discuss Austin Economic Injury Bridge Loan Program

The program provides loans up to $35,000 for daily needs like rent, payroll, and debt. The news conference is scheduled for noon and FOX 7 Austin will air online and on our Facebook page.

Amoeba Music struggling to stay afloat during COVID-19 crisis

Empty streets in Hollywood. The iconic Amoeba Music Store on Hollywood Boulevard is closed. A much different vibe from better days.

People missing out on stimulus checks because spouses are immigrants

Roughly 1.2 million U.S. citizens did not receive stimulus checks because they are married to immigrants who don’t have social security numbers and joint-filed their taxes.