U.S. now in recession expected to last until September, UCLA forecasts
The U.S. economy is in a recession expected to last through September, according to a revised forecast released Monday by UCLA that reflects rapid changes brought on by the coronavirus.
The U.S. economy is in a recession expected to last through September, according to a revised forecast released Monday by UCLA that reflects rapid changes brought on by the coronavirus.
Amazon looks to hire 100,000 to keep up with surge in orders
Amazon said Monday that it needs to hire 100,000 people across the U.S. to keep up with a crush of orders as the coronavirus spreads and keeps more people at home, shopping online.
Amazon said Monday that it needs to hire 100,000 people across the U.S. to keep up with a crush of orders as the coronavirus spreads and keeps more people at home, shopping online.
Coronavirus concerns brings North American box office to 20-year low
Not since 2000 has weekend box office revenue been so low, according to data.
Not since 2000 has weekend box office revenue been so low, according to data.
Local restaurants offer delivery, curbside & takeout service after restaurants and bars shut down
Restaurants all across the Austin area are changing the way they do business amid concerns about the coronavirus and many are offering takeout and/or delivery services.
Restaurants all across the Austin area are changing the way they do business amid concerns about the coronavirus and many are offering takeout and/or delivery services.
Financial markets in turmoil over fear of coronavirus lockdowns
JPMorgan Chase now is forecasting the U.S. economy will shrink at a 2% annual rate in the current quarter and 3% in the April-June quarter.
JPMorgan Chase now is forecasting the U.S. economy will shrink at a 2% annual rate in the current quarter and 3% in the April-June quarter.
Walt Disney World hotels and stores, including in Disney Springs, will temporarily close due to coronavirus
Just after midnight Monday, Disney announced “in an abundance of caution” it will close all of its hotels in Orlando and Vero Beach, as well as their owned-and-operated stores at Disney Springs, in response to the coronavirus outbreak.
Just after midnight Monday, Disney announced “in an abundance of caution” it will close all of its hotels in Orlando and Vero Beach, as well as their owned-and-operated stores at Disney Springs, in response to the coronavirus outbreak.
Chick-fil-A restaurants to limit hours, drive-thru only operations amid COVID-19
Chick-fil-A said they will temporarily close dining room seating at its restaurants.
Chick-fil-A said they will temporarily close dining room seating at its restaurants.
California governor calls for closure of all bars and wineries
California Governor Gavin Newsom has called for the closure of all bars and wineries. As well as suggested home isolation of everyone 65 and older.
California Governor Gavin Newsom has called for the closure of all bars and wineries. As well as suggested home isolation of everyone 65 and older.
Coronavirus puts wedding industry on edge
Guests are jittery, travel is tangled, and soon-to-be brides and grooms are facing tough choices because of the coronavirus outbreak: postpone, cancel or forge ahead with their weddings?
Guests are jittery, travel is tangled, and soon-to-be brides and grooms are facing tough choices because of the coronavirus outbreak: postpone, cancel or forge ahead with their weddings?
Panic buying during coronavirus outbreak means long lines, crowded spaces, no toilet paper
Wendy Liebmann, founder and CEO of WSL Strategic Retail, described the behavior as “animalistic.″
Wendy Liebmann, founder and CEO of WSL Strategic Retail, described the behavior as “animalistic.″
'Wienermobile' cancels all events in response to coronavirus concerns
The "Wienermobile" is making a temporary pit stop as coronavirus concerns bring its operations to a halt.
The "Wienermobile" is making a temporary pit stop as coronavirus concerns bring its operations to a halt.
'We're terrified': Restaurants face uncertain future in coronavirus downturn
Restaurants across the New York City region are seeing an inevitable downturn as people curtail activities because of the coronavirus. Now, many restaurants are fighting to survive.
Restaurants across the New York City region are seeing an inevitable downturn as people curtail activities because of the coronavirus. Now, many restaurants are fighting to survive.
Publix adjusting hours at all locations amid concerns over coronavirus
Publix stores will begin closing at 8 p.m. nightly, beginning Saturday, March 14, the Lakeland, Florida-based company announced late Friday.
Publix stores will begin closing at 8 p.m. nightly, beginning Saturday, March 14, the Lakeland, Florida-based company announced late Friday.
Stocks surge on new virus measures; Dow up 1,985 points
Stocks are opening sharply higher on Wall Street a day after the worst drop since 1987.
Stocks are opening sharply higher on Wall Street a day after the worst drop since 1987.
FOX 7 Discussion: Economic impact of COVID-19
Dr. Julia Coronado, an economic forecaster and professor at UT Austin, joins Marcel Clarke on FOX 7 Austin to talk about the effects the coronavirus pandemic can have on Austin's economy.
Dr. Julia Coronado, an economic forecaster and professor at UT Austin, joins Marcel Clarke on FOX 7 Austin to talk about the effects the coronavirus pandemic can have on Austin's economy.
Cruise lines announce suspensions of sailings in response to COVID-19 pandemic
Royal Caribbean Cruises and Norwegian Cruise Line on Friday announced that they suspending cruising in the United States in response to the novel coronavirus outbreak. This comes a day after Disney Cruise Line and Princess Cruises announced similar measures on Thursday.
Royal Caribbean Cruises and Norwegian Cruise Line on Friday announced that they suspending cruising in the United States in response to the novel coronavirus outbreak. This comes a day after Disney Cruise Line and Princess Cruises announced similar measures on Thursday.
Bill Gates steps down from Microsoft, Berkshire Hathaway boards
Gates also stepped down from the board of Warren Buffett’s Berkshire Hathaway Inc, where he has served since 2004.
Gates also stepped down from the board of Warren Buffett’s Berkshire Hathaway Inc, where he has served since 2004.
Legoland closing for two weeks to prevent spread of coronavirus
Legoland announced Friday it will temporarily close its theme park and water park to help slow the spread of the novel coronavirus.
Legoland announced Friday it will temporarily close its theme park and water park to help slow the spread of the novel coronavirus.
Busch Gardens, Adventure Island and SeaWorld closing to prevent spread of COVID-19
SeaWorld Parks announced Friday it will follow the cancellation steps of other theme parks and shut down Busch Gardens, Adventure Island and SeaWorld to help slow the spread of the novel coronavirus.
SeaWorld Parks announced Friday it will follow the cancellation steps of other theme parks and shut down Busch Gardens, Adventure Island and SeaWorld to help slow the spread of the novel coronavirus.
Austin Utilities suspends energy disconnects amid coronavirus outbreak
Austin Utilities said the measures were made possible after Mayor Adler declared a local disaster on March 6, allowing the City of Austin to reduce the possibility of exposure to COVID-19 and to promote the health and safety of all Austin residents.
Austin Utilities said the measures were made possible after Mayor Adler declared a local disaster on March 6, allowing the City of Austin to reduce the possibility of exposure to COVID-19 and to promote the health and safety of all Austin residents.