Texas projects nearly $5B budget shortfall due to pandemic
State officials cautioned the bleak new budget projections were fraught with uncertainty given that the virus continues to spread in Texas, which for a month has been one of the hardest-hit parts of the U.S.
Top Republicans meet with Trump to negotiate next coronavirus stimulus package
Top Republicans in Congress met Monday with President Donald Trump at the White House on the next COVID-19 aid package as the crisis many hoped would have improved has dramatically worsened, just as emergency relief is expiring.
YMCA will offer virtual learning centers for students to study online, while parents return to work
With parents returning to work and students staying home for the start of the school year, the YMCA will offer space for elementary-age kids to attend virtual-class.
Coin shortage prompts bank to pay you for spare change: ‘It has never happened before’
Do you have a jar of coins in your house? Maybe you have been saving for a special occasion? Well, a local bank says they will pay you for what’s inside that jar — plus interest!
Stress rises for unemployed as extra $600 benefit nears end
A major source of income for roughly 30 million unemployed people is set to end, threatening their ability to meet rent and pay bills and potentially undercutting the fragile economic recovery.
Feinstein: No stimulus money to states that don't mandate the wearing of masks
Feinstein wants to amend the next COVID relief bill to that states that don’t enforce face coverings can’t receive stimulus money.
"There is no shutdown coming:" Gov. Abbott responds to rumors
Texas Governor Greg Abbott told FOX 26 that there is no shutdown coming despite rumors floating around the state.
American Airlines sending 25,000 WARN letters to employees regarding potential layoffs and furloughs
“We hate taking this step, as we know the impact is has on our hardworking team members,” said Doug Parker and Robert Isom in a statement.
White House campaign to help jobless 'find something new'
A new White House-backed ad campaign aims to encourage people who are unemployed or unhappy in their jobs or careers to “find something new.”
Additional $600 a week in jobless benefits about to expire
The additional $600 a week in jobless benefits that became available to those collecting unemployment amid the coronavirus pandemic is slated to expire at the end of the month.
Popular local brewery forced to close restaurant for what it calls 'absurd' reason
"They are equating the truckloads of beer we send to our distributor as if it's being consumed here at the beer garden by our guests," said Wagner. "It defies all common sense."
US budget deficit hits all-time high of $864 billion in June
The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax revenues.
Application opens for $30 million Harris County Small Business Relief Fund
The application process for the $30 million Harris County Small Businesses Fund grant program opened Monday morning and will remain open until 3:30 p.m. July 24.
Coin shortage creates shopping challenge for low income, unbanked communities
How you can help solve the current coin shortage businesses are suffering.
Businesses across US request ‘exact change’ amid coin shortage caused by COVID-19
Following an announcement from The Federal Reserve last month that the coronavirus pandemic has created a shortage in coins in the U.S., businesses around the country have been urging their customers to use alternative forms of payment or bring exact change.
US economy may be stalling out as viral outbreak worsens
Another 1.3 million workers sought unemployment last week, according to the Department of Labor.
United Airlines sending layoff notices to nearly half of US employees
The furloughs would include 15,000 flight attendants, 11,000 customer service and gate agents, 5,500 maintenance workers and 2,250 pilots.
Data: Congress created coronavirus aid, then reaped the benefits
Among businesses that received money was a California hotel partially owned by the husband of House Speaker Nancy Pelosi, as well as a shipping business started by Transportation Secretary Elaine Chao’s family. Chao is married to Senate Majority Leader Mitch McConnell.
Stores focus on cleaning to get shoppers back to spending
Forget about making shopping fun. As clothing retailers and others try to stay viable during the coronavirus pandemic, they’re hoping steps like cleaning during store hours, offering hand sanitizer and other safety measures will bring in customers to spend.
Small business aid went beyond hard-hit companies, data show
The government handed out $521 billion through the paycheck protection program, a crucial piece of the government's $2 trillion rescue package.