Commerce locks up and retail sales plunge unprecedented 8.7%

U.S. retail sales plummeted 8.7% in March, a record drop as the viral outbreak closed down thousands of stores and shoppers stayed home.

Coronavirus relief checks won’t have to be repaid, feds say

In recent days, social media posts have falsely claimed there’s one catch to this money -- that you’ll eventually have to pay it back.

Texas Workforce Commission speeds up unemployment claim processing

The governor said that over the weekend the Texas Workforce Commission processed three times the number of claims that it had processed as of Friday. But there are still stories of frustration from people who cannot get through to TWC.

Most COVID-19 stimulus deposits to be received by Wednesday, Mnuchin says

For those who don’t get their money by Wednesday, Mnuchin said the IRS will have a website available that would allow people to plug in information.

Amazon plans to hire 75,000 more employees, raise hourly wages amid COVID-19 demand

Amazon has announced that it plans to hire an additional 75,000 workers as well as raise the hourly wage due to the surging demand created by the COVID-19 crisis.   

Mark Cuban discusses economic recovery in America

Dallas Mavericks owner Mark Cub predicts good things will come out of the coronavirus pandemic. And he is again hinting at his political plans.

Grocery store workers are key during the virus. And they’re afraid

From South Africa to Italy to the U.S., grocery workers — many in low-wage jobs — are manning the frontlines amid worldwide lockdowns, their work deemed essential to keep food and critical goods flowing.

Texas Workforce Commission adding additional hours, staff at call centers

The Texas Workforce Commission is adding staff and increasing its hours to help the overwhelming number of people trying to file for unemployment benefits.

Stocks surge on Fed's $2.3T stimulus

The Fed's initiative undergirds government efforts to combat fallout from the economic shutdown imposed to curb the spread of the COVID-19 pandemic.

Record 16.8 million have sought US jobless aid since virus

More than 1 in 10 American workers have lost jobs amid the coronavirus, underscoring the growing damage the crisis is taking on the world’s economy.

Georgia bar removes over $3,000 worth of bills stapled to walls to give to unemployed staff

As restaurants and bars across the country remain closed due to the coronavirus pandemic, one bar owner in Georgia is going to extraordinary measures to donate money to her staff.

Another 6.6 million Americans filed for unemployment benefits last week

The United States Department of Labor released a report Thursday with the latest weekly filings for unemployment benefits. Everyone knew it would be grim and it's living up to the billing.