Wave of evictions expected as moratoriums end in many states

Housing advocates fear that they could see a wave of evictions in the coming months, as states end moratoriums put in place during the coronavirus pandemic.

US manufacturing improves in July, outlook clouded by coronavirus

The Institute for Supply Management, an association of purchasing managers, said Monday that its manufacturing index rose to 54.2 last month, up from a June reading of 52.6. Any reading above 50 signals that U.S. manufacturing is expanding.

Rebound and Recovery- Rent relief
video

Heather Sullivan explains different rent relief in Harris,Fort Bend, Montgomery, Galveston counties.

Mayor announces $19 million in rental aid to help Houston renters

The $19 million fund includes $15 million from the federal CARES Act, plus $4 million in private donations from the Houston Endowment, the Greater Houston COVID-19 Relief Fund, and the Kinder Foundation.

Record economic plunge, bleak jobs numbers reveal virus toll

The U.S. economy shrank at a dizzying 33% annual rate in the April-June quarter — by far the worst quarterly plunge ever — when the viral outbreak shut down businesses, throwing tens of millions out of work and sending unemployment surging to 14.7%, the government said Thursday.

Trump says second stimulus checks could be 'way higher' than $1,200

President Trump suggested this week the next coronavirus relief package could include a direct cash payment for American families that's potentially higher than $1,200.

US is expected to report a record-breaking economic plunge

Having endured what was surely a record-shattering slump last quarter, the U.S. economy faces a dim outlook as a resurgent coronavirus intensifies doubts about the likelihood of any sustained recovery the rest of the year.

Deadline extended for $285 food benefit for school children

Families in Texas who need help feeding their children because of the economic crisis brought on by the COVID-19 pandemic now have more time to apply for benefits.

Second stimulus check details revealed: Who is eligible?

The GOP unveiled details for a second round of direct payments to American households on Monday, in legislation that has been dubbed the HEALS Act.

GOP unveils proposed second stimulus bill

The GOP is detailing its proposed second stimulus bill today.  But for millions of Texans, it can't come fast enough.

Business economists sketch a more hopeful outlook

In the past three months, the outlook for the U.S. economy has improved in the eyes of business economists. However, the optimism is couched somewhat by the resurgence of the coronavirus.

Many Americans should be getting $1,200 checks in August, Treasury Secretary says

Treasury Secretary Steve Mnuchin says that many Americans will be getting another $1,200 stimulus check in August. But, he says that the GOP is determined to cut down the $600/week in extra federal unemployment benefits that millions have been getting for months.

Unemployment benefits coming to end, many worried about what to do next

Since early in the coronavirus pandemic, the federal government has added $600 to unemployment checks. The weekly boost in aid that millions of people have received is set to expire July 31, though this is the last week most recipients will get the extra funds.

US new home sales jump 13.8% in June

The Commerce Department reported Friday that the June gain pushed sales of new homes to a seasonally adjusted annual rate of 776,000. The increase follows a 19.4% jump in May.

White House drops payroll tax cut as GOP unveils virus aid

The White House has dropped a bid to cut Social Security payroll taxes as Republicans unveil a $1 trillion COVID-19 rescue package.

Jobless claims rise as cutoff of extra $600 benefit nears

The number of laid-off Americans seeking unemployment benefits rose last week for the first time since the pandemic struck in March, evidence of the deepening economic pain the outbreak is causing to the economy.

Why are coins hard to find during the pandemic?

The Federal Reserve has seen a significant decline of coins in circulation because people are not spending them as regularly at businesses, many of which are either temporarily closed or not accepting cash.