'Christmas cliff' looms for millions of Americans on the verge of losing their unemployment benefits
It’s being called the “Christmas Cliff.” On Dec. 26, millions of Americans are set to lose their unemployment benefits amid the coronavirus pandemic, adding another layer of stress for those who are jobless this holiday.
Live events industry lost $30B due to COVID-19 pandemic, Pollstar says
Pollstar on Friday released its year-end report, explaining that the live events industry should have hit a record-setting $12.2 billion this year, but instead it incurred $9.7 billion in losses.
Restaurant owner breaks down exactly how much money he's losing during COVID-19 shutdowns
Dustin Lancaster, an owner of several restaurants and businesses in Los Angeles county, revealed on social media that his bar would have about $1,500 to pay $10,000 in monthly rent.
Unemployment claims jump to 853,000 amid resurgence of COVID-19
The number of people applying for unemployment aid jumped last week to 853,000, the most since September, evidence that some companies are cutting more jobs as new virus cases spiral higher.
New White House offer adds $600 stimulus checks to COVID-19 relief
It proposes the $600 direct payment for individuals and $1,200 for couples, which is half the payment delivered by the March pandemic relief bill.
Texas job creation appears to buck trends, but challenges remain
COVID-19 has impacted the job market for millions across the country. There are a few bright spots with recent trends but there are still more than twice as many people unemployed, in our region, compared to a year ago.
US economy will return to pre-pandemic levels by second-half of 2021, experts predict
The U.S. economy's growth is likely slowing as 2020 comes to a close, but a growing number of economists expect it to claw back to its pre-pandemic strength by the second half of next year.
Houston city leaders approve $30 million in pandemic aid for residents
Houston's City Council approved $30 million in emergency pandemic aid for households with the greatest need.
Oklahoma organization offering $10K if you move to Tulsa for remote work
Tulsa Remote is an incentive program offering $10,000 to out-of-state remote workers who move to Oklahoma.
Unemployment claims rise to 778,000 as COVID-19 pandemic worsens
The number of Americans applying for unemployment benefits rose last week to 778,000, evidence that the U.S. economy and job market remain under strain as coronavirus cases surge and colder weather heighten the risks.
New businesses in Houston area catering to peace of mind open amid pandemic
Relaxing Rhythm Sound Spa opened its doors in Katy June 8 in the midst of the COVID-19 pandemic.
Health care personnel will be among first to receive COVID-19 vaccine in Texas, per Gov. Abbott
Health-care personnel and front-line workers will be among the first to receive the coronavirus vaccine in Texas.
Guitar Center files for Chapter 11 bankruptcy amid ongoing COVID-19 pandemic
Guitar Center has filed for Chapter 11 bankruptcy, citing financial hardships due to the ongoing COVID-19 pandemic.
Pandemic forces small businesses to get creative to attract online shopping customers
The COVID-19 pandemic is forcing small businesses to get creative to attract online shopping customers in order to survive.
Report: 12M Americans to lose jobless benefits day after Christmas
According to findings by The Century Foundation, a policy research institute, 12 million workers will be on one of two main CARES Act programs — Pandemic Unemployment Assistance (PUA) and Pandemic Emergency Unemployment Compensation (PEUC) — when funding expires on Dec. 26.
Unemployment claims increase to 742,000 as COVID-19 cases surge
The number of Americans seeking unemployment aid rose last week to 742,000, the first increase in five weeks and a sign that the resurgent viral outbreak is likely slowing the economy and forcing more companies to cut jobs.
Stock market comeback on pause amid coronavirus surge
The numbers underscore how the coronavirus pandemic is worsening and threatening to drag the economy lower, at least in the near term.
City of Houston launches computer access program for low-income residents
Comp-U-Dopt will distribute up to 1,900 computers for free to qualifying, low-income Houstonians from now until the end of the year.
Many challenges remain as US casinos financially recover from virus
America's casinos are recovering from months of closures necessitated by the coronavirus outbreak, having regained 81% of the gambling revenue they saw in the third quarter of last year.
Texas oyster industry starts its season slowed by the COVID-19 pandemic
The Texas oyster season started, quietly, this year, while many of us have been riveted by presidential politics. Like so many others, the oyster business is struggling to make ends meet, during the pandemic.