Business economists sketch a more hopeful outlook

In the past three months, the outlook for the U.S. economy has improved in the eyes of business economists. However, the optimism is couched somewhat by the resurgence of the coronavirus.

US new home sales jump 13.8% in June

The Commerce Department reported Friday that the June gain pushed sales of new homes to a seasonally adjusted annual rate of 776,000. The increase follows a 19.4% jump in May.

Texas Restaurant Association: Next 45 days critical for locally-owned restaurants

Restaurants are struggling during the pandemic and many may not survive. Some say the next 45 days are critical for restaurant survival in North Texas.

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.

Missed the tax deadline? Take these steps now

Here are some steps you can take to keep your penalties to a minimum if you were unable to file by July 15.

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.

US wholesale prices fell 0.2% in June as food costs plunged

U.S. wholesale prices fell 0.2% in June as food costs dropped sharply, offsetting a big increase in energy prices.

US adds 4.8 million jobs as unemployment falls to 11.1%

While the jobless rate was down from 13.3% in May, it is still at a Depression-era level. And the data was gathered during the second week of June, just before a number of states began to reverse or suspend the reopenings of their economies to try to beat back the virus.

Dallas to distribute $500,000 for immigrant families impacted by COVID-19

The city of Dallas has received $500,000 to distribute to families who have been impacted by the COVID-19 pandemic, prioritizing those who aren’t eligible for federal relief programs, including immigrant workers.

Another 1.48 million laid-off workers seek US jobless aid

The number of laid-off workers who applied for unemployment benefits fell to 1.48 million last week, the 12th straight drop and a sign that layoffs are slowing but are still at a painfully high level.

US GDP fell at 5.0% rate in Q1; worse is likely on the way

It was the sharpest quarterly decline since an 8.4% fall in 2008 during the depths of the financial crisis.

Only 47% of Americans are losing sleep over money despite pandemic: Study

For the 47 percent who are worried about money issues currently, 23 percent said their cause of stress revolved around everyday expenses, which Bankrate noted was down from the 32 percent who said the same last year.

US new home sales rise surprisingly strong 16.6% in May

Sales of new homes rose a surprisingly strong 16.6% in May suggesting that the reopening of major parts of the country were giving a boost to the housing market.

1.5 million more laid-off workers seek unemployment benefits

About 1.5 million laid-off workers applied for U.S. unemployment benefits last week, evidence that many Americans are still losing their jobs even as the economy appears to be slowly recovering with more businesses partially reopening.