Texas Railroad Commission passes on putting cap on oil production

The price of oil fell again on Tuesday as the Texas Railroad Commission, which regulates oil, was divided about what to do.

Dow tumbles 631 points as oil selloff deepens

The Dow Jones Industrial Average tumbled 515 points, or 2.18 percent, in the opening minutes of trading. The S&P 500 and Nasdaq Composite dropped 1.76 percent and 1.2 percent, respectively.

Business expert reacts to the collapse in oil prices
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Bruce Bullock is the director of the Maguire Energy Institute at SMU's Cox School of Business.He talks to Good Day about the shocking negative oil prices.

Ilhan Omar introduces bill to cancel rent, mortgage payments during coronavirus pandemic

Legislation has been introduced that would cancel rent and mortgage payments for Americans during the coronavirus pandemic. This would be available to all Americans regardless of income or employment.

Report: Neiman Marcus could file for bankruptcy this week

Luxury retailer Neiman Marcus may file for bankruptcy this week, according to reports. The coronavirus may have been the last blow.

Shake Shack to return $10M government loan

Shake Shack Inc will return the small business loan it received from the U.S. government, the burger chain's chief executive said on Monday, making it the first major firm to hand back money aimed at helping small businesses ride out the coronavirus impact.

Mayor Betsy Price: Fort Worth not on track to reopen just yet

Fort Worth's mayor says the city is not yet ready to begin the early phases of reopening the economy. New cases continue to rise.

Dow spikes 700 points as stocks notch second straight week of gains

The Dow Jones Industrial Average soared by as many as 612 points, or 2.6 percent while the S&P 500 and Nasadaq Composite climbed by 2.2 percent and 1.5 percent, respectively.

IRS glitch sends taxpayers’ stimulus checks to tax prep companies instead

If you use a tax prep service and can't quite track your stimulus payment, your direct deposit information may be the reason for the delay.

Layoffs and pay cuts are now striking more white collar jobs

The record-setting flood of layoffs unleashed by the viral outbreak is extending beyond the services industries that bore the initial brunt and are still suffering most.

Land O' Lakes drops 'racist' Native American image from packaging after nearly 100 years

The logo, which has been the company’s label for nearly 100 years since it was founded in Minnesota in 1921, has been called “racist” and criticized for its use of the “butter maiden.”