Small business loan program runs out of money, no longer accepting applications

A popular small business relief program ran out of funds on Thursday morning, as billions of dollars in additional coronavirus aid remain stuck in congressional limbo.

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.

Commerce locks up and retail sales plunge unprecedented 8.7%

U.S. retail sales plummeted 8.7% in March, a record drop as the viral outbreak closed down thousands of stores and shoppers stayed home.

IMF: Global economy will suffer worst year since Great Depression

The IMF said Tuesday that it expects the global economy to shrink 3% this year — far worse than its 0.1% dip in the Great Recession year of 2009.

Premiums to be refunded to those impacted by COVID-19

The state of California issued an order late Monday to demand insurers refund premiums to drivers and businesses impacted by COVID-19. 

Dual supply chains: How the pandemic is creating an artificial food shortage

America is throwing away massive amounts of perfectly good food, especially meats and produce. It's a problem being highlighted by the coronavirus pandemic: we can't always get food to where it's needed due to logistical problems

Millions of taxpaying immigrants won't get stimulus checks

Roughly 4.3 million mostly unauthorized immigrants who do not have a Social Security number file taxes using what’s known as a taxpayer identification number.

Amazon plans to hire 75,000 more employees, raise hourly wages amid COVID-19 demand

Amazon has announced that it plans to hire an additional 75,000 workers as well as raise the hourly wage due to the surging demand created by the COVID-19 crisis.   

Gov. Abbott announces $50 million for small business loans

The announcement was made via telecommunication with Goldman Sachs who will be providing $50 million for small business loans to Texans affected by the coronavirus COVID-19.

U.S. launches web portal to help Social Security recipients with kids get stimulus checks

The Treasury Department has created an online web tool to help make sure those receiving Social Security benefits, who didn't file a tax return recently, can get stimulus checks.