HOUSTON, Texas (KTRK) -- Economists say the first phase of reopening businesses in Texas is the first step in a long road to economic recovery.
"What we're doing is just sticking our toe in the water to test the temperature....
LONDON — The world is almost certainly ensnared in a devastating recession delivered by the coronavirus pandemic.
Now, fears are growing that the downturn could be far more punishing and long lasting than initially feared — potentially enduring into next...
With President Trump saying he wants “the country opened” by Easter to salvage the U.S. economy, a fierce debate is now raging among policymakers over the necessity of shutting down vast swaths of American society to combat the novel...
WASHINGTON – Treasury Secretary Steven Mnuchin outlined a variety of potential proposals to Senate Republicans Tuesday as part of a legislative package to help Americans and industries that are reeling from the coronavirus.
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Confirmed cases of the novel coronavirus (COVID-19), which first appeared in China at the end of last year, now exceed 115,000 as of March 10 and are likely to climb significantly higher. While over two-thirds of the total confirmed cases are...
Unemployment claims skyrocketed more than 1,000 percent last week to 3.3 million, the Labor Department reported Thursday, as the coronavirus pandemic and government measures to limit its devastation brought huge swaths of the U.S. economy to a halt.
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The initial $349 billion pool for emergency loans for small businesses derailed by the coronavirus pandemic has run dry as Republicans and Democrats squabble over how to replenish the relief program.
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Bob Giaimo, founder of the Silver Diner restaurant chain, is hoping to receive emergency funding in the coming days through a federal loan program. But he doesn’t want to spend the money right away.
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For many Americans right now, the scale of the coronavirus crisis calls to mind 9/11 or the 2008 financial crisis—events that reshaped society in lasting ways, from how we travel and buy homes, to the level of security and...
Even as the U.S. small business relief program is set to reopen Monday with fresh funding, the full extent that public companies tapped the emergency facility is only now becoming clear.
More than 245 public companies applied for at least $905 million from the...
