Coronavirus could cause multitrillion-dollar decline in US economic output, new report shows
CBO expects a 'significant markdown' in GDP over the coming decade.
CBO expects a 'significant markdown' in GDP over the coming decade.
Stocks retreat as Trump preps social media and China crackdowns
The Dow Jones Industrial Average fell 148 points, or 0.58 percent, while the S&P 500 slipped 0.21 percent.
The Dow Jones Industrial Average fell 148 points, or 0.58 percent, while the S&P 500 slipped 0.21 percent.
41 million have lost jobs since virus hit, but layoffs slow
About 41 million people have now applied for aid since the virus outbreak intensified in March, though not all of them are still unemployed.
About 41 million people have now applied for aid since the virus outbreak intensified in March, though not all of them are still unemployed.
Americans tapping retirement savings after coronavirus-led job loss, study finds
The sudden loss in income is causing a growing number of Americans to tap their retirement savings accounts.
The sudden loss in income is causing a growing number of Americans to tap their retirement savings accounts.
It’s not junk mail: Coronavirus stimulus payment debit cards come in plain envelope
Some have reportedly mistaken their Economic Impact Payment debit cards as junk mail after being confused by the envelope.
Some have reportedly mistaken their Economic Impact Payment debit cards as junk mail after being confused by the envelope.
Stocks pare gains fueled by America's reopening
U.S. equity markets were mixed Wednesday as U.S. states continued with their plans to reopen America.
U.S. equity markets were mixed Wednesday as U.S. states continued with their plans to reopen America.
Rental companies selling cars at discounted prices following halt on travel amid COVID-19 lockdowns
As Hertz Global Holdings Inc., files for bankruptcy following a near-halt on most travel amid the coronavirus pandemic, rental companies have reportedly begun selling much of their fleets in an attempt to survive the devastating economic impacts of the COVID-19 lockdowns.
As Hertz Global Holdings Inc., files for bankruptcy following a near-halt on most travel amid the coronavirus pandemic, rental companies have reportedly begun selling much of their fleets in an attempt to survive the devastating economic impacts of the COVID-19 lockdowns.
Stocks soar on reopening optimism
U.S. equity markets surged to their best levels in months as states continued to reopen and as traders returned to the New York Stock Exchange for the first time since shutting down on March 23 to slow the spread of COVID-19.
U.S. equity markets surged to their best levels in months as states continued to reopen and as traders returned to the New York Stock Exchange for the first time since shutting down on March 23 to slow the spread of COVID-19.
Wedding videography company denies refund after man's fiancee dies, taunts him on website
After Justin Montney’s fiance died in a car crash, he reached out to get a refund on his $1,800 deposit. The company said it was nonrefundable, and the back and forth began.
After Justin Montney’s fiance died in a car crash, he reached out to get a refund on his $1,800 deposit. The company said it was nonrefundable, and the back and forth began.
Where Americans are spending and saving money in coronavirus pandemic
Forty-five percent surveyed said they spent more during quarantine.
Forty-five percent surveyed said they spent more during quarantine.
Credit cards that can save you money on groceries, gas
The consumer site Nerdwallet recently researched credit cards that can save you the most money when you buy groceries, gas, or just about anything else.
The consumer site Nerdwallet recently researched credit cards that can save you the most money when you buy groceries, gas, or just about anything else.
Deadline approaching for laid-off workers to get health insurance
Taxpayer-subsidized health insurance is available for a modest cost — sometimes even free — across the country, but few people seem to know how to find it.
Taxpayer-subsidized health insurance is available for a modest cost — sometimes even free — across the country, but few people seem to know how to find it.
Stocks post weekly gains after quiet Friday session ahead of Memorial Day
U.S. equity markets slipped Friday but registered solid weekly gains as investors focused on the reopening of the American economy while also keeping tabs on Chinese President Xi JInping's efforts to tighten his grip over Hong Kong ahead of the Memorial Day weekend.
U.S. equity markets slipped Friday but registered solid weekly gains as investors focused on the reopening of the American economy while also keeping tabs on Chinese President Xi JInping's efforts to tighten his grip over Hong Kong ahead of the Memorial Day weekend.
NC man wins $1 million in lottery after asking family members to each pick a number
In order for Jonathan Gonzalez, a North Carolina resident, to win the lottery, his own luck wasn’t enough. So he called upon his entire family to each pick a number, a decision which would win him $1 million.
In order for Jonathan Gonzalez, a North Carolina resident, to win the lottery, his own luck wasn’t enough. So he called upon his entire family to each pick a number, a decision which would win him $1 million.
Nearly 39 million have sought US jobless aid since virus hit
Roughly 38.6 million people have now filed for jobless aid since the coronavirus forced millions of businesses to close their doors and shrink their workforces, the Labor Department said Thursday.
Roughly 38.6 million people have now filed for jobless aid since the coronavirus forced millions of businesses to close their doors and shrink their workforces, the Labor Department said Thursday.
Stocks rally as more states reopen economies
U.S. equity markets maintained gains Wednesday even though the Federal Reserve, in the April minutes, warned the coronavirus may carry 'considerable risk' for the U.S. economy.
U.S. equity markets maintained gains Wednesday even though the Federal Reserve, in the April minutes, warned the coronavirus may carry 'considerable risk' for the U.S. economy.
Houston businesses join forces to help struggling small businesses
Houston business groups are working to small business owners who barely staying afloat during the COVID-19 pandemic.
Houston business groups are working to small business owners who barely staying afloat during the COVID-19 pandemic.
Coronavirus causes mortgage concerns, but many Americans did not need to pause payments
More than 4 million Americans have entered into forbearance agreements.
More than 4 million Americans have entered into forbearance agreements.
WHO’S HIRING: Thousands of Houston-area job openings
If you're out of a job, the good news is that there are thousands of current openings in the Houston area and beyond. Here’s a list of where to apply now.
If you're out of a job, the good news is that there are thousands of current openings in the Houston area and beyond. Here’s a list of where to apply now.
Where’s my stimulus check? IRS adds phone operators to answer relief payment questions
The IRS is adding 3,500 phone representatives to handle a flood of calls from taxpayers waiting for their stimulus checks.
The IRS is adding 3,500 phone representatives to handle a flood of calls from taxpayers waiting for their stimulus checks.