Texas delays work search requirement for unemployment benefits

The state of Texas will hold off on asking people to begin looking for work in order to keep their unemployment benefits.

Fauci, CDC chief raise concerns about full airline flights

The government’s top experts in infectious diseases on Tuesday criticized American Airlines' decision to pack flights full while the coronavirus outbreak continues to grow across much of the United States.

Bars sue to block Texas governor’s shutdown order

Several Texas bars are now suing to block Gov. Greg Abbott’s order to shut them down. And more legal action could follow.

Chesapeake Energy files for bankruptcy protection

Chesapeake Energy, a shale drilling pioneer that helped to turn the United States into a global energy powerhouse, has filed for bankruptcy protection.

Texas Bar and Nightclub Association sues state over latest shutdowns

The Texas Bar and Nightclub Association (TBNA) is responding by announcing they are suing the state while encouraging other bars to join in and contest the closures. 

US consumer spending up 8.2%, partly erasing record plunge

Friday’s Commerce Department report showed that Americans stepped up their spending in May despite a 4.2% decline in personal income, which had soared by 10.8% the previous month.

Texas bars ordered to close, restaurants limited to 50% capacity

Gov. Greg Abbott shut down bars in Texas again on Friday and scaled back restaurant dining, the most dramatic reversals yet as confirmed coronavirus cases surge to record levels after the state embarked on one of America's fastest reopenings. 

Some North Texas businesses begin scaling back as coronavirus pandemic worsens

Governor Greg Abbott announced Thursday he is putting a pause on any efforts to further reopen the economy. However, some North Texas businesses have already started scaling back.

Will Americans get a second coronavirus stimulus check? Your top questions answered

President Trump signaled this week that he supports sending a second round of direct cash payments to Americans still reeling from the coronavirus pandemic and subsequent economic lockdown.

IMF downgrades outlook for global economy in face of virus

The International Monetary Fund has sharply lowered its forecast for global growth this year because it envisions far more severe economic damage from the coronavirus than it did just two months ago.

Existing home sale plunge 9.7% in 3rd straight monthly drop

The National Association of Realtors said Monday that the monthly decline pushed sales down to a seasonally adjusted annual rate of 3.91 million, the slowest pace since a home buyers tax credit expired in October 2010.