US economy shrank at 4.8% rate last quarter as coronavirus struck

The U.S. economy shrank at a 4.8% annual rate last quarter as the coronavirus pandemic shut down much of the country and began triggering a recession that will end the longest expansion on record.

Stock rally takes breather ahead of Starbucks, Google earnings

The Dow Jones Industrial Average rose as many as 378 points, or 1.57 percent, while the S&P 500 and the Nasdaq Composite gained as much as 1.48 percent and 1.15 percent, respectively.

Hair salons, gyms & bars still not allowed to open in Texas under Gov. Abbott's new guidelines

Governor Greg Abbott said now is not the time to reopen places where people are naturally closer together or sharing the same space and equipment, such as bars, salons and gyms.

Historic Fort Worth neighborhood receives $35 million HUD grant

The city of Fort Worth announced a federal grant injecting tens of millions of dollars into a longtime troubled community.

Small business loan program plagued by outages, delays as second wave of aid begins

E-Tran, the Small Business Administration's electronic system used to help process applications for government-backed aid, has suffered glitches amid the first wave of applicants.

Mark Cuban discusses PPP loan program, investments during FOX Business town hall

Dallas Mavericks owner Mark Cuban answered questions from viewers for an hour on Thursday during a FOX Business Network town hall on the economy and COVID-19.

New home sales plunge 15.4% in March as virus hits

Sales of new single-family homes dropped to a seasonally adjusted annual rate of 627,000 last month, according to the U.S. Department of Commerce.

Dallas council approves rental relief fund, eviction pause, small businesses assistance

The city of Dallas plans to distribute nearly $10 million to people in danger of being evicted after losing their jobs from the COVID-19 crisis or to small businesses needing help.

IRS stimulus check rollout continues to be riddled with mistakes

Last week, FOX 4 told you about economic stimulus checks being deposited into temporary accounts set up by tax prep services.

Dow tumbles 631 points as oil selloff deepens

The Dow Jones Industrial Average tumbled 515 points, or 2.18 percent, in the opening minutes of trading. The S&P 500 and Nasdaq Composite dropped 1.76 percent and 1.2 percent, respectively.

Coronavirus stimulus checks are on their way: Here's how it works

With payments from the coronavirus stimulus package expected to reach American individuals and families as soon as this week, here is a breakdown of who will get them and how.

Making the most out of your stimulus money
video

Financial Planner Cathy Dewitt Dunn offers advice on how to get the most out of your stimulus money once it arrives.

Stimulus Check Questions Answered
video

Derrick Kinney is a certified financial educator who breaks down what you need to know about the stimulus check to help families during the economic downturn.

Changes to FICO credit score calculations could make it harder to get a loan: report

FICO, the most widely-used credit score in the United States, is changing the way it calculates consumers' scores and that could make it more difficult for some Americans to get a loan.

Getting Financially Fit
video

Financial Planner Cathy Dewitt Dunn shares a few tips so you can get your finances in shape at the beginning of the year.