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Economy

Is tipping getting out of control? Most consumers say yes

Is tipping getting out of control? Most consumers say yes

As more businesses adopt digital payment methods, consumers are prompted to leave a tip at places they typically wouldn’t. Some feel it has become more frustrating as the price of items has risen because of inflation.

4 days ago
Texas economy doing well despite high inflation, concerns about recession

Texas economy doing well despite high inflation, concerns about recession

According to the numbers released, the Dallas-Fort Worth metro area has the fastest job growth in the state right now. And the Texas economy as a whole had the second-strongest job growth on record.

January 20
US debt limit: US Treasury buys time for Biden and House GOP on deal

US debt limit: US Treasury buys time for Biden and House GOP on deal

The Treasury Department says it has started taking “extraordinary measures” as the government has run up against its legal borrowing capacity of $31.381 trillion.

January 19
How inflation is changing the way people use payment apps

How inflation is changing the way people use payment apps

A recent survey by Forbes finds that some young adults are using payment apps to cover the costs of restaurant tabs, groceries, and rent.

January 17
US inflation slows to 6.5% over past 12 months, easing some pressure

US inflation slows to 6.5% over past 12 months, easing some pressure

The softer readings add to growing signs that the worst inflation in four decades is gradually waning.

January 12
Biden, López Obrador, Trudeau show unity during summit, downplay tensions

Biden, López Obrador, Trudeau show unity during summit, downplay tensions

President Joe Biden, Mexican President Andrés Manuel López Obrador and Canadian Prime Minister Justin Trudeau are seeking to downplay their frustrations with one another on migration and trade as they meet for the North American Leaders Summit.

January 10
Record number of Americans are paying $1000 a month or more for monthly car payments, data shows

Record number of Americans are paying $1000 a month or more for monthly car payments, data shows

More than 15% of consumers who financed a new vehicle toward the end of 2022 committed to paying more than $1,000 a month, the highest percentage ever recorded.

January 6
Holiday sales increase 7.6% despite the squeeze of inflation

Holiday sales increase 7.6% despite the squeeze of inflation

U.S. sales between Nov. 1 and Dec. 24, a period that is critical for retailers, were fueled by spending at restaurants and on clothing.

December 26, 2022
Wall Street may get much worse in 2023 before it gets better

Wall Street may get much worse in 2023 before it gets better

Many analysts expect stocks to end 2023 around their current range, if not a bit higher. But before that, much of Wall Street is also forecasting stock prices to fall sharply in the interim.

December 15, 2022
How Federal Reserve’s series of rate hikes could affect your finances

How Federal Reserve’s series of rate hikes could affect your finances

As interest rates increase, many economists say they fear a recession could happen — and with it, job losses that may cause hardship for households already badly impacted by inflation.

December 15, 2022
US lawmakers announce 'framework' on bill to avoid government shutdown

US lawmakers announce 'framework' on bill to avoid government shutdown

Congress faces a midnight Friday deadline to pass a spending bill to prevent a partial government shutdown.

December 14, 2022
Fed raises key interest rate by half a point, signals more to come

Fed raises key interest rate by half a point, signals more to come

The latest move will further heighten the costs of many consumer and business loans and increases the risk of a recession.

December 14, 2022
Americans say holiday gifts harder to afford

Americans say holiday gifts harder to afford

More than half of U.S. adults say it’s harder to afford the holiday gifts they want to give this year.

December 14, 2022
US inflation slowed to 7.1% over past 12 months

US inflation slowed to 7.1% over past 12 months

This is the fifth straight month with a slowdown.

December 13, 2022
Job growth spikes in November, interest rates expected to continue rising

Job growth spikes in November, interest rates expected to continue rising

The economy added more than 260,000 jobs in November and wages increased, but economic uncertainty is still a concern for many Americans. Here’s how to manage your finances today.

December 6, 2022
Rail workers say deal to avoid strike won't resolve quality-of-life concerns

Rail workers say deal to avoid strike won't resolve quality-of-life concerns

Workers and their unions say the deal doesn't do enough to address their quality-of-life concerns and doesn't add any sick days.

December 3, 2022
Experts: Dallas-Fort Worth home prices expected to fall in 2023, but not by much

Experts: Dallas-Fort Worth home prices expected to fall in 2023, but not by much

The number of homes sold in the 100 largest housing markets this October was half of last year, according to the Knock Buyer-Seller Market Index. While that may start to give home buyers more power, experts say high-interest rates are preventing a true buyer's market.

December 1, 2022
Senate moves to avert rail strike; bill heads to Biden's desk for signature

Senate moves to avert rail strike; bill heads to Biden's desk for signature

Shortly before Thursday's votes, Biden defended the contract that four of the rail unions had rejected.

December 1, 2022
House passes bill to avert railroad strike, impose deal on unions

House passes bill to avert railroad strike, impose deal on unions

If an agreement wasn't reached before a Dec. 9 deadline, the unions threatened to strike -- which would have devastating effects on the U.S. economy.

November 30, 2022
Cyber Monday deals lure in shoppers amid high inflation

Cyber Monday deals lure in shoppers amid high inflation

Consumers are hopping online to find more discounts on gifts that have increased in price due to inflation. The popular online shopping day is projected to rake in more than $11 billion in sales.

November 28, 2022
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New details released about 46 arrested in prostitution sting, including Lewisville ISD coach, youth pastor

New details released about 46 arrested in prostitution sting, including Lewisville ISD coach, youth pastor

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