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COVID-19 and the Economy

What you need to know about the COVID-19 pandemic's effects on America's economy, and what it means for your finances.

Stress rises for unemployed as extra $600 benefit nears end

Stress rises for unemployed as extra $600 benefit nears end

A major source of income for roughly 30 million unemployed people is set to end, threatening their ability to meet rent and pay bills and potentially undercutting the fragile economic recovery.

July 17, 2020 1:53pm CDT
Downtown Dallas businesses take economic hit with few visitors during pandemic

Downtown Dallas businesses take economic hit with few visitors during pandemic

Many business owners are keeping a close eye on budgets and the future.

July 16, 2020 4:44pm CDT
Another 1.3 million Americans sought unemployment aid last week

Another 1.3 million Americans sought unemployment aid last week

The number of laid-off workers seeking unemployment benefits remained stuck at 1.3 million last week, a historically high level that indicates many companies are still cutting jobs as the viral outbreak intensifies.

July 16, 2020 3:26pm CDT
American Airlines sending 25,000 WARN letters to employees regarding potential layoffs and furloughs

American Airlines sending 25,000 WARN letters to employees regarding potential layoffs and furloughs

“We hate taking this step, as we know the impact is has on our hardworking team members,” said Doug Parker and Robert Isom in a statement.

July 15, 2020 4:57pm CDT
Most PPP recipients expect to run out of money by August, study finds

Most PPP recipients expect to run out of money by August, study finds

A majority of small businesses that tapped the taxpayer-funded Paycheck Protection Program expect to run out of money by the first week of August, according to a Goldman Sachs survey released Tuesday.

July 15, 2020 7:28am CDT
You may be owed interest on your tax refund, IRS says

You may be owed interest on your tax refund, IRS says

If you haven't received your tax refund from the IRS, the wait may be worth it.

July 14, 2020 6:14pm CDT
Spiking cost of gasoline pushes June consumer prices up 0.6%

Spiking cost of gasoline pushes June consumer prices up 0.6%

Over the past 12 months, consumer prices have increased a modest 0.8% while core inflation is up just 1.2%.

July 14, 2020 12:17pm CDT
Additional $600 a week in jobless benefits about to expire

Additional $600 a week in jobless benefits about to expire

The additional $600 a week in jobless benefits that became available to those collecting unemployment amid the coronavirus pandemic is slated to expire at the end of the month.

July 14, 2020 10:05am CDT
Kroger stops giving customers coins as change

Kroger stops giving customers coins as change

Grocery store Kroger has stopped giving coin change due to a shortage caused by the COVID-19 pandemic.

July 13, 2020 10:21am CDT
Costco to keep coronavirus senior hours indefinitely after planning to reduce them

Costco to keep coronavirus senior hours indefinitely after planning to reduce them

Wholesale chain will maintain its special operating hours at five days a week.

July 13, 2020 4:58am CDT
Who might be eligible for a second stimulus check and for how much money?

Who might be eligible for a second stimulus check and for how much money?

Another round of stimulus payments could be distributed to people earning less than $40,000, Senate Majority Leader Mitch McConnell has said.

July 10, 2020 7:22am CDT
Texas Restaurant Association hosts town hall with lawmakers to discuss ways to help restaurant industry

Texas Restaurant Association hosts town hall with lawmakers to discuss ways to help restaurant industry

As thousands of Texas restaurants continue to take a hit during the COVID-19 pandemic, industry leaders are looking to elected officials to push for more money to help business owners keep their doors open.

July 8, 2020 6:01pm CDT
Mesquite woman successfully halts eviction from complex that received CARES Act funds

Mesquite woman successfully halts eviction from complex that received CARES Act funds

A Mesquite woman went to court on Wednesday to halt an eviction she said never should’ve been attempted.

July 8, 2020 5:26pm CDT
Paycheck Protection Program deadline extended for small business owners

Paycheck Protection Program deadline extended for small business owners

Small business owners still have time to cash in on big money.

July 8, 2020 4:26pm CDT
Brooks Brothers, worn by Lincoln and Kennedy, goes bankrupt

Brooks Brothers, worn by Lincoln and Kennedy, goes bankrupt

Brooks Brothers, the 200-year-old company that dressed nearly every U.S. president, is filing for bankruptcy protection.

July 8, 2020 4:22pm CDT
Small business aid went beyond hard-hit companies, data show

Small business aid went beyond hard-hit companies, data show

The government handed out $521 billion through the paycheck protection program, a crucial piece of the government's $2 trillion rescue package.

July 6, 2020 7:42pm CDT
Kanye West’s Yeezy apparel company received between $2 million and $5 million in COVID-19 PPP funds

Kanye West’s Yeezy apparel company received between $2 million and $5 million in COVID-19 PPP funds

Data for Paycheck Protection Program beneficiaries was released to the public by the Small Business Administration on July 6.

July 6, 2020 6:07pm CDT
Community Kitchen providing 200 meals per day in Downtown Dallas

Community Kitchen providing 200 meals per day in Downtown Dallas

An amazing effort to provide meals to restaurant workers and others who are out of a job during the pandemic starts Monday.

July 6, 2020 8:27am CDT
Closing bars to stop coronavirus spread is backed by science

Closing bars to stop coronavirus spread is backed by science

Authorities are closing honky tonks, bars and other drinking establishments in some parts of the U.S. to stem the surge of COVID-19 infections.

July 2, 2020 7:55am CDT
Cinemark pushes ahead with phased reopening of movie theaters amid worsening COVID-19 pandemic

Cinemark pushes ahead with phased reopening of movie theaters amid worsening COVID-19 pandemic

The world’s largest movie theater company will be showcasing Hollywood classic films to mark their reopening, according to a Cinemark news release.

July 1, 2020 12:58pm CDT
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North Texas Winter Weather Outlook 2025-2026: Will it snow in Dallas?

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Elderly Texas couple missing since Thanksgiving found dead

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Hospital fires employee after viral video shows mother giving birth in waiting room

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Will US Rep. Jasmine Crockett run for Senate? What it could mean

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Porch pirate wearing No. 88 jersey steals package in Fort Worth

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This Texas city will host the first-ever college football Xbox Bowl

This Texas city will host the first-ever college football Xbox Bowl

Original 'Star Wars' returning to theaters for 50th anniversary

Original 'Star Wars' returning to theaters for 50th anniversary

Dallas World Cup 2026 tickets schedule: When more go on sale & how to sign up

Dallas World Cup 2026 tickets schedule: When more go on sale & how to sign up

FIFA World Cup group schedule: Full list of matchdays

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FIFA World Cup schedule 2026: Teams for Houston group-stage games revealed

Which FIFA World Cup teams will be playing group-stage games in Houston?

Ohio mother reunites with responders who helped after roadside childbirth

Ohio mother reunites with responders who helped after roadside childbirth

World Cup draw is over: What's next

Now that the World Cup draw is over, what's next?

World Cup schedule 2026: Full list of teams to play at Dallas Stadium

World Cup schedule 2026: Full list of teams to play at Dallas Stadium

DOT halts enforcement of key airline rule after carriers' request

DOT halts enforcement of key airline rule after carriers' request

Michael Annett, former NASCAR driver, dies at 39

Michael Annett, former NASCAR driver, dies at 39

2025 FOX Holiday Gift Guide
GIFT GUIDE
Need gift ideas? Check out the 2025 FOX Holiday Gift Guide

FOX 4 Consumer reporter Steve Noviello gets more than 1,000 product pitches each year. He shares the greatest gifts of the season in his 2025 FOX Holiday Gift Guide.

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