More payments, extended benefits:  Inside the GOP's COVID stimulus proposal

The framework is expected to extend — but reduce substantially — just-expired expanded unemployment benefits, send a fresh round of $1,200 stimulus check to American adults earning less than $75,000 in August and funnel tens of billions of dollars in aid to schools and universities.

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.

Many Americans should be getting $1,200 checks in August, Treasury Secretary says

Treasury Secretary Steve Mnuchin says that many Americans will be getting another $1,200 stimulus check in August. But, he says that the GOP is determined to cut down the $600/week in extra federal unemployment benefits that millions have been getting for months.

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.

Ann Taylor, Lane Bryant owner files for bankruptcy protection, will close some stores

Ascena Retail Group, the parent company of Lane Bryant, Ann Taylor and Justice, announced Thursday that it has filed for Chapter 11 bankruptcy protection after its business was "severely disrupted by the COVID-19 pandemic."

Remote jobs during coronavirus hiring for six-figure salaries now

Remote job roles in engineering, communications and marketing are hiring at these companies during the COVID-19 pandemic.

Coronavirus prompts Country Time to offer lemonade stand stimulus checks for kids

The powdered beverage company Country Time is issuing stimulus checks to children who have had to shutter their summertime lemonade stands due to the current coronavirus pandemic.

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 budget deficit hits all-time high of $864 billion in June

The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax revenues.

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.