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
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
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.
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.
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.
Mark Cuban discusses economic impact of COVID-19 in Fox Business virtual town hall
The entrepreneur and Dallas Mavericks owner is set to chat with “Making Money’s” Charles Payne on the economic impacts of the COVID-19 pandemic.
The entrepreneur and Dallas Mavericks owner is set to chat with “Making Money’s” Charles Payne on the economic impacts of the COVID-19 pandemic.
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.
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.
US unemployment claims surge by another 4.4 million
More than 4.4 million laid-off workers applied for U.S. unemployment benefits last week as job cuts escalated across an economy that remains all but shut down, the government said Thursday.
More than 4.4 million laid-off workers applied for U.S. unemployment benefits last week as job cuts escalated across an economy that remains all but shut down, the government said Thursday.
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.
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.
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.
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.
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.
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.
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.
Dow tumbles 631 points as oil selloff deepens
The Dow Jones Industrial Average tumbled 515 points, or 2.18 percent, in the opening minutes of trading. The S&P 500 and Nasdaq Composite dropped 1.76 percent and 1.2 percent, respectively.
The Dow Jones Industrial Average tumbled 515 points, or 2.18 percent, in the opening minutes of trading. The S&P 500 and Nasdaq Composite dropped 1.76 percent and 1.2 percent, respectively.
AP: Publicly traded firms get $300M in small-business loans
The Paycheck Protection Program was supposed to help small businesses, which typically have less access to quick cash and credit.
The Paycheck Protection Program was supposed to help small businesses, which typically have less access to quick cash and credit.
Lord & Taylor explores bankruptcy during coronavirus pandemic as stores remain shut: Report
Neiman Marcus Group also plans to file for bankruptcy as soon as this week.
Neiman Marcus Group also plans to file for bankruptcy as soon as this week.
Stocks slide as oil crashes below zero
U.S. equity markets slid Monday as oil crashed below zero and headed toward its lowest close since recordkeeping began in March 1983.
U.S. equity markets slid Monday as oil crashed below zero and headed toward its lowest close since recordkeeping began in March 1983.
Dow spikes 700 points as stocks notch second straight week of gains
The Dow Jones Industrial Average soared by as many as 612 points, or 2.6 percent while the S&P 500 and Nasadaq Composite climbed by 2.2 percent and 1.5 percent, respectively.
The Dow Jones Industrial Average soared by as many as 612 points, or 2.6 percent while the S&P 500 and Nasadaq Composite climbed by 2.2 percent and 1.5 percent, respectively.
Stocks rise as Trump prepares reopening of America details
Stocks erased losses as investors focus on economic restart.
Stocks erased losses as investors focus on economic restart.
Layoffs and pay cuts are now striking more white collar jobs
The record-setting flood of layoffs unleashed by the viral outbreak is extending beyond the services industries that bore the initial brunt and are still suffering most.
The record-setting flood of layoffs unleashed by the viral outbreak is extending beyond the services industries that bore the initial brunt and are still suffering most.
Evidence of virus' effect on US economy grows more ominous
The economic picture will likely worsen in the coming weeks and months.
The economic picture will likely worsen in the coming weeks and months.