July 15 tax filing deadline: A look at IRS penalties

The postponed tax season deadline is July 15, which means some last-minute filers need to take action in order to avoid being penalized by the IRS.

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.

American Airlines to begin booking flights to full capacity

American Airlines will start booking flights to full capacity this week, ending any effort to promote social distancing on its planes while the United States sets records for new reported cases of the coronavirus.

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.

Pandemic takes a bite, Chuck E Cheese files for bankruptcy

Chuck E. Cheese - where kids could be kids while parents nursed headaches - is filing for bankruptcy protection.

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.

Eskimo Pie to rename its 'derogatory' brand name

The owner of Eskimo Pie is changing its name and marketing of the nearly century-old chocolate-covered ice cream bar, the latest brand to reckon with racially charged logos and marketing.