Business
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For the past decade, American homeowners grew accustomed to mortgage rates that once would have been unthinkably low. The rate on a 30-year loan started with a three or a four, maybe even a … more
America’s drivers are being squeezed at the pump, and the root cause is surging oil prices. But that’s not the whole story. Gasoline prices rise and fall with the price of crude, … more
Elon Musk refiled the disclosure of his stake in Twitter Inc. to classify himself as an active investor, making the change after taking a seat on the social media company’s board. Musk, a … more
Greater Texas Credit Union recently named Sidney Henderson vice president of marketing.The organization said Henderson will orchestrate the marketing and public relations strategy for the 80,000 … more
Gov. Ron DeSantis continued escalating his battle against The Walt Disney Co. this week, calling for a new era in Florida where the company no longer gets to wield its mighty … more
The fracking revolution revived the energy industry in Texas and the U.S., ushering in years of cheap oil and gas. But don’t count on frackers riding to the rescue this time. Despite oil … more
The U.S. added close to half a million jobs in March and the unemployment rate fell by more than expected, highlighting a robust labor market that’s likely to support aggressive Federal Reserve … more
The House might vote next week on a small-business pandemic aid package that would provide $42 billion for additional restaurant relief and $13 billion for other “hard … more
OAN will soon be O-F-F. A programming notice posted by DirecTV shows that the far right-wing media outlet OAN will no longer be broadcast to subscribers after Monday. The notice states that OAN … more
The pandemic spurred a historic change in consumer demand, pushing up wages and reshuffling America’s workforce in a way that’s unlikely to reverse anytime soon. Two years after the … more
Gov. Ron DeSantis expressed his support Thursday for ending Disney’s “special privileges” in Florida, saying the entertainment giant’s political sway is waning. DeSantis … more
Applications for U.S. state unemployment insurance rose by more than forecast last week, likely a blip in what’s otherwise a tight and recovering labor market. Initial unemployment claims … more
Employment growth at U.S. companies in March advanced strongly, indicating higher wages are helping firms fill a near-record number of vacancies. The broad-based 455,000 gain in payrolls followed … more
How many times have you unwrapped a fast-food burger and noticed that it bears little resemblance to what’s shown in advertisements? Consumers suing Miami-based Burger King Corporation share … more
The unemployment rate fell last month in more than half of U.S. states, including in 12 where jobless rates dropped to record lows. Nebraska and Utah, with unemployment at 2.1%, tied for the … more
Workers use an excavator to clear demolition debris on March 18 from the site of a former retail and office center on Bell Boulevard in Cedar Park to make way for the Bell District Redevelopment … more
Wall Street is getting a major reprieve from tougher oversight after President Joe Biden’s pick to be the top U.S. banking regulator ran aground. Progressives had pinned their hopes on Sarah … more
U.S. hiring boomed in February while wage growth slowed, showing a strong labor market that likely keeps the Federal Reserve on track to raise interest rates this month while offering some respite … more
Federal Reserve Chair Jerome Powell backed a quarter-point interest-rate hike this month to commence a series of increases and didn’t rule out a larger move at some stage, despite uncertainty … more
What’s the difference between socialism and communism? How does global warming occur? What’s an economy of scale? Easily Google-able questions — and parents’ own unhappy … more
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