An economic cyclone is ripping through Midland and the rest of Texas, the leading oil-producing state in the US. The Covid-19 outbreak has led to government stay-at-home orders that turned busy roads into empty blacktop. The ensuing collapse in fuel demand has halved the value of Texas crude amid an all-out price war between Saudi…

The coronavirus is slamming the U.S. economy, and is likely to hit the Texas economy pretty hard as well. With plunging oil prices and shuttered businesses across the state, the pandemic has threatened two of Texas’ biggest budget sources—oil revenues and sales taxes. State Comptroller Glenn Hegar has already signaled he may revise the budget downward for…

The merciless carnage ravaged on the economy by the efforts to stymie the spread of the new coronavirus and a parallel crash in oil prices promise to choke revenue streams for Texas cities and the state government.

As oil prices slump amid the coronavirus pandemic, industry advocates are seeking to assure the public that production in Texas should continue without disruption.

When Major League Baseball postponed the opening of its season, teams also closed their spring training camps. That’s a $25 million hit to the Arizona economy, where many clubs train, local experts say. Meantime, every NBA game that the Chicago Bulls don’t play because the league has suspended its season will cost the Windy City…