Stay-at-home order having long-lasting effects on Dallas County businesses

With federal stimulus loans hard to come by and the stimulus checks still weeks away, many business owners and people who were laid off continue to struggle with what lies ahead.

Texas Workforce Commission asks people to stagger unemployment calls

The Texas Workforce Commission is trying to find a way to help an overwhelming number of callers as other parts of state government are sending extra staffers.

Dallas City Council working to fast-track relief for renters, small business owners

Dallas city council members are working to fast track relief for small businesses that may not be able to get federal relief.  The city is also looking to provide rent assistance for people who have lost their income.

Stocks give up gains on oil's sharp reversal

The S&P 500, which was close to exiting its bear market, ended the session modestly lower. 

Small businesses hit hard by coronavirus locked out by downtown McKinney landlord

At a time when city and county leaders are asking everyone to show patience and compassion, a small business owner in McKinney says her landlord is doing anything but that.

Dow pops over 1,600 points on coronavirus slowdown, new stimulus hopes

The number of new cases over the weekend in New York City, the U.S.’s epicenter for the virus, rose by 30.4 percent versus last week, down from a 46.1 percent jump the week prior.

US sheds 701,000 jobs, ending a record-long hiring streak

A record-long streak of U.S. job growth ended suddenly in March after nearly a decade as employers cut 701,000 jobs because of the viral outbreak that’s all but shut down the U.S. economy.

US unemployment claims hit record 6.6 million amid coronavirus outbreak

More than 6.6 million Americans applied for unemployment benefits last week - doubling a record high set just one week earlier - a sign that layoffs are accelerating in the midst of the coronavirus.

Kroger announces 'Hero Bonus' for all hourly frontline workers

Grocery store chain Kroger has announced it will pay all hourly frontline employees extra during the COVID-19 pandemic.

Stocks stumble as US coronavirus cases top 200,000

The Dow Jones Industrial Average plunged 877 points, or 4 percent, in the opening minutes of trading while the S&P 500 and Nasdaq Composite fell 3.7 percent and 3.08 percent, respectively.

Target, Trader Joe's to close on Easter to give employees working during coronavirus a break

On their website, Trader Joe's said, "All Trader Joe's Stores will be CLOSED on Easter Sunday, April 12th to give our incredible Crew Members a much needed day of rest."

Federal Reserve Bank of Dallas issues report on economic downturn
video

Sudden and sharp is how the Federal Reserve Bank of Dallas describes the economic downturn hitting Texas. Senior economist Pia Orrenius joins Good Day with a look at the bank's latest report. Unemployment claims in the state have jumped 690%.