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After a slight tick upward last week, local gas prices fell back down below the $3 range at many stations across Cedar Park and Leander. The Austin metro area average fell 4 cents to $3.12 per … more
Applications for U.S. unemployment insurance ticked up from an almost four-month low, suggesting demand for workers remains healthy despite an increasingly uncertain economic outlook.Initial … more
August electricity bills for U.S. consumers jumped the most since 1981, gaining 15.8% from the same period a year ago, according to the U.S. Bureau of Labor Statistics.Natural gas bills, which crept … more
Mortgage rates jumped to a shocking 6% as homeownership grows even more unaffordable for many homebuyers.The average rate for a 30-year-fixed mortgage hit a level not seen since the 2008 housing … more
Librarians and their legislative allies are pushing publishers of electronic books to lower their prices and relax licensing terms, an effort that could make it easier for millions of library users … more
Why are you getting virtually no interest on your savings?After all, mortgage interest rates are nearly twice as high as they were at the start of the year, thanks largely to the Federal Reserve’s … more
U.S. consumer prices were resurgent last month, dashing hopes of a nascent slowdown and likely assuring another historically large interest-rate hike from the Federal Reserve.The consumer price index … more
Queen Elizabeth II, who wasn’t expected to ascend to the throne when she was born but went on to become the longest-lived and longest-reigning monarch in British history, has … more
Lawmakers return to Washington this month to wrestle with a White House request for $47.1 billion in emergency supplemental funds and the need to pass a stopgap spending bill to avoid a partial … more
The next generation of COVID-19 booster shots — tailored specifically to combat the highly infectious family of omicron subvariants — could roll out early next month.The long-in-the-works … more
After privacy concerns arose, three Republican senators, including Texan John Cornyn, introduced legislation to repeal a provision that would mandate the development of advanced … more
Average gasoline prices in the Austin area fell another 2.8 cents per gallon in the last week, with some Cedar Park and Leander stations reporting an even further drop with prices as low as $3.16 … more
Applications for U.S. unemployment insurance fell for the second week, suggesting that employers are holding on to workers despite growing economic uncertainty. Initial unemployment claims … more
Marijuana and hallucinogen use in the past year reported by young adults increased significantly in 2021 compared to five and 10 years ago, reaching historic highs, according to the Monitoring the … more
Pfizer Inc.’s COVID-19 vaccine was 73.2% effective against the disease in a trial of children 6 months through 4 years old, reinforcing results that led to the shot’s authorization in young kids … more
Data this week generated a mixed report card of the U.S. economy, showing both resilience in the face of high inflation and signs of troubles ahead.Consumers continue to spend, albeit … more
President Joe Biden and congressional Democrats are touting the “Inflation Reduction Act” as their big election year triumph, a major way of getting soaring prices to come down.But … more
Nothing has been able to kill scam robocalls — not federal regulation, not individual state lawsuits, not private software. Each effort has made a dent, but the unwanted calls keep on coming, … more
For more than two full months, drivers have seen a steady drop in gasoline prices — something that seemed unfathomable earlier in the summer when the average price nationally approached $5 a … more
San Francisco Fed President Mary Daly suggested a 50 basis-point rate increase isn’t locked in at the U.S. central bank’s next policy meeting, saying the Federal Reserve is “far from done … more
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