American Airlines posts $2.2 billion loss during COVID-19 pandemic

American Airlines reported a staggering loss of $2.24 billion for the first quarter, when the coronavirus pandemic triggered a sharp drop in air travel. The Fort Worth-based carrier is looking at significant downsizing.

US jobless claims soar past 30 million as 3.8 million more workers seek aid

More than 3.8 million laid-off workers applied for unemployment benefits last week as the U.S. economy slid further into a crisis that is becoming the most devastating since the 1930s.

Stocks wrap best month since 1987 as coronavirus recovery continues

The S&P and the Dow Jones Industrial Average wrapped the best month since 1987 despite sliding on Thursday as total job losses related to the coronavirus shutdown topped 30 million.

Do you need mortgage insurance?

Mortgage insurance can offer protection for your lender but it isn't always necessary.

Tyson doubling bonuses, increases healthcare benefits for frontline workers

The 'Thank You Bonuses' total $120 million for the company's 116,000 U.S. frontline workers and truckers, up from the $60 million announced in early April.

The basics of no-closing cost mortgage refinancing

So-called “no-cost” mortgage refinancing deals are a good deal for some consumers – but you’re paying the closing costs either way.

Refinance student loans now and you'll likely save money — here's why

The Federal Reserve's emergency rate cut makes now an ideal time to refinance student loans, but refinancing isn't right for everyone.

North Texas malls to re-open with varied safety rules for customers

Malls across North Texas are working to re-open as safely as possible and help businesses and customers follow the rules set by Gov. Greg Abbott.

Stocks surge on Gilead’s coronavirus drug and Fed’s pledge to keep rates near zero

The Dow Jones Industrial Average gained 449 points, or 1.86 percent, in the opening minutes of trading while the S&P 500 and the Nasdaq Composite rose 2.04 percent and 2.03 percent, respectively.

US economy shrank at 4.8% rate last quarter as coronavirus struck

The U.S. economy shrank at a 4.8% annual rate last quarter as the coronavirus pandemic shut down much of the country and began triggering a recession that will end the longest expansion on record.