Economist discusses industry sector declines
Economic recovery in the U.S. and Texas may not be quick and painless. And many businesses are worried about hanging in there until it does. Dr. Anil Kumar, a senior economist at the Federal Reserve Bank of Dallas, joins Good Day to talk about the declines in Texas. Few industries are being spared. More: www.dallasfed.org/research/economics/2020/0618
Economic recovery in the U.S. and Texas may not be quick and painless. And many businesses are worried about hanging in there until it does. Dr. Anil Kumar, a senior economist at the Federal Reserve Bank of Dallas, joins Good Day to talk about the declines in Texas. Few industries are being spared. More: www.dallasfed.org/research/economics/2020/0618
Texas to begin requiring unemployed to search for jobs in July
The Texas Workforce Commission said people on unemployment will need to apply for three jobs a week beginning July 6 and will need to be able to accept a job if it is offered, or their benefits will end.
The Texas Workforce Commission said people on unemployment will need to apply for three jobs a week beginning July 6 and will need to be able to accept a job if it is offered, or their benefits will end.
US mortgage rates fall; 30-year at all-time low of 3.13%
Long-term U.S. mortgage rates fell this week as the benchmark 30-year home loan reached a new all-time low.
Long-term U.S. mortgage rates fell this week as the benchmark 30-year home loan reached a new all-time low.
With more North Texas locations reopening with limited capacity, will they make enough to stay open?
A few of the places known to be packed around summertime are now allowing a fraction of customers as usual.
A few of the places known to be packed around summertime are now allowing a fraction of customers as usual.
Dallas County business owners have mixed feelings on potential mask mandate
Dallas County Judge Clay Jenkins wants the county to follow the path laid in Bexar County and order businesses to mandate employees and customers wear masks. The businesses must tell customers they must comply.
Dallas County Judge Clay Jenkins wants the county to follow the path laid in Bexar County and order businesses to mandate employees and customers wear masks. The businesses must tell customers they must comply.
1.5 million more laid-off workers seek unemployment benefits
The latest figure from the Labor Department marks the 11th straight weekly decline in applications since they peaked at nearly 7 million in March.
The latest figure from the Labor Department marks the 11th straight weekly decline in applications since they peaked at nearly 7 million in March.
'Adapt or die' -- Restaurants find ways to evolve amid coronavirus
The virus has decimated the restaurant industry, leaving millions unemployed and shuttering countless spots for good. Many dine-in restaurants have turned to delivery or takeout. Some have become food banks or trading posts.
The virus has decimated the restaurant industry, leaving millions unemployed and shuttering countless spots for good. Many dine-in restaurants have turned to delivery or takeout. Some have become food banks or trading posts.
Coronavirus pandemic gives businesses lessons in survival, innovation
The pandemic is prompting business owners to find innovative ways to keep afloat.
The pandemic is prompting business owners to find innovative ways to keep afloat.
SBA unveils new, 'borrower-friendly' forgiveness application for PPP loan recipients
The new application released by the Small Business Administration on Wednesday is just five pages long.
The new application released by the Small Business Administration on Wednesday is just five pages long.
Study: COVID-19 impacts women in Texas financially more than men
The demographic of a typical Texas woman is a 36-year-old woman of color making $35,000 a year or less. In a webinar Tuesday, the Texas Women’s Foundation covered their new economic report about issues women in Texas are facing in 2020.
The demographic of a typical Texas woman is a 36-year-old woman of color making $35,000 a year or less. In a webinar Tuesday, the Texas Women’s Foundation covered their new economic report about issues women in Texas are facing in 2020.
Report: Next stimulus package could include $4,000 vacation credit, second check
The president brought up the “Explore America” Tax Credit during a White House roundtable last month.
The president brought up the “Explore America” Tax Credit during a White House roundtable last month.
Businesses ask patrons to waive right to sue if they get ill
As businesses reopen across the U.S. after coronavirus shutdowns, many are requiring customers and workers to sign forms saying they won’t sue if they catch COVID-19.
As businesses reopen across the U.S. after coronavirus shutdowns, many are requiring customers and workers to sign forms saying they won’t sue if they catch COVID-19.
Fed Chairman Jerome Powell warns that long downturn would mean severe damage
“The longer the downturn lasts, the greater the potential for longer-term damage from permanent job loss and business closures,” Powell said. “Long periods of unemployment can erode workers’ skills and hurt their job prospects.”
“The longer the downturn lasts, the greater the potential for longer-term damage from permanent job loss and business closures,” Powell said. “Long periods of unemployment can erode workers’ skills and hurt their job prospects.”
Extra $600 in unemployment benefits ends next month, what happens then?
Lawmakers are at odds over additional aid for the tens of millions of Americans who are still unemployed.
Lawmakers are at odds over additional aid for the tens of millions of Americans who are still unemployed.
24 Hour Fitness files for bankruptcy as it closes more than 130 US gyms
The California-based company is the latest casualty of the outbreak, announcing the Chapter 11 bankruptcy filing on June 15.
The California-based company is the latest casualty of the outbreak, announcing the Chapter 11 bankruptcy filing on June 15.
Sales tax receipts for Dallas show big drop in April
The sales tax receipts for the city of Dallas show more than a 20 percent drop in April compared to last April.
The sales tax receipts for the city of Dallas show more than a 20 percent drop in April compared to last April.
Dow sinks 1,800 as virus cases rise, deflating optimism
Stocks are falling sharply on Wall Street Thursday as coronavirus cases increase again, deflating recent optimism that the economy could recover quickly as lockdowns ease.
Stocks are falling sharply on Wall Street Thursday as coronavirus cases increase again, deflating recent optimism that the economy could recover quickly as lockdowns ease.
Trump administration opposes $600 unemployment benefits extension
The Trump administration opposes a Democratic proposal to extend a $600 per week federal unemployment benefit approved in response to the coronavirus pandemic, Labor Secretary Eugene Scalia said Tuesday.
The Trump administration opposes a Democratic proposal to extend a $600 per week federal unemployment benefit approved in response to the coronavirus pandemic, Labor Secretary Eugene Scalia said Tuesday.
'We need help': Small cities face fiscal calamity from coronavirus
“This is not a downtown Allentown problem,” Santo Napoli said. “This is a Main Street everywhere problem.”
“This is not a downtown Allentown problem,” Santo Napoli said. “This is a Main Street everywhere problem.”
US employers laid off 7.7 million workers in April
U.S. employers laid off 7.7 million workers in April _ a sign of just how deep the economic hole is after the closure of thousands of offices, restaurants, stores and schools during the pandemic.
U.S. employers laid off 7.7 million workers in April _ a sign of just how deep the economic hole is after the closure of thousands of offices, restaurants, stores and schools during the pandemic.