Texas adds 72,000 new jobs in July
Texas has added more jobs this year than any year since 1990. But the types of jobs people are attracted to post-pandemic appear to be changing.
Lowe’s to pay $55 million in bonuses for hourly frontline workers amid high inflation
Lowe’s gave seven similar bonuses after the pandemic began in 2020 and 2021.
What's in the Inflation Reduction Act? Health care, climate change goals become law
President Joe Biden arrived at the White House promising to “build back” America, and now he has signed into law legislation with a slimmer version of that idea.
Inflation Reduction Act: Biden signs massive climate and health care bill
President Joe Biden is preparing to sign Democrats’ landmark climate change and health care bill, which includes the most substantial federal investment in history to fight climate change.
‘Rich’ people reportedly head to Applebees, IHOP during high inflation
“We perform well during tough times like this,” said parent company Dine Brands chief executive John Peyton told the Post on how inflation has impacted its business.
US inflation slips from 40-year peak but remains high at 8.5%
Consumer prices jumped 8.5% in July compared with a year earlier, the government said Wednesday, down from a 9.1% year-over-year jump in June.
US added surprising 528K jobs in July despite inflation, recession fears
The American job market has repeatedly defied skeptics this year. Economists had expected only 250,000 new jobs this month.
Tarrant Area Food Bank giving away half the regular groceries due to low food supply
The Tarrant Area Food Bank is burning through more than $1 million every month, and it's now giving people less food because donations are down. Each car receives a 50-pound box of food with essentials like milk, bread and fruit. But it’s roughly half of what the food bank would typically provide.
How to recession-proof your life
If you think a recession could destabilize your finances, here are some things you can do to prepare.
North Texas parents thankful for school supplies giveaway amid soaring prices
With inflation being the highest in decades, on the minds of parents is dealing with rising prices and back-to-school shopping. That’s where the Texas Rangers Youth Academy and Buckner International stepped in.
Southwest Airlines posts record revenue but warns of rising costs
Air travel has bounced back this year from pandemic depths, and that is particularly true for Southwest’s strength in leisure travel within the United States. The Dallas carrier said ticket demand has continued in the third quarter. But costs are rising sharply, too.
Man opens up about leaving teaching for better-paying Walmart job
The 28-year-old man said the chance to move up without getting an advanced degree was one of the motivating factors for him to leave the education field.
Recession or not, North Texas business owners struggling with inflation prices
Six straight months of a shrinking economy historically has equaled recession. Yet, people are still spending money and jobs seem strong. Local business owners seem more worried about inflation than recession.
Are we in a recession? The definition of recession explained
Is the U.S. headed for a recession? It depends on who you ask.
Recession fears rise after US economy shrinks for second straight quarter
The latest figures are raising fears that the nation may be approaching a recession.
Fed hikes interest rate by 0.75 percentage points in bid to curb inflation
The Federal Reserve raised its benchmark interest rate by a hefty three-quarters of a point for a second straight time in its most aggressive drive in three decades to tame high inflation.
US new home sales drop to lowest level in 2 years
New single-family home purchases tumbled 8.1% to a seasonally adjusted annual rate of 590,000 units, the lowest level since April 2020.
Fed set to impose another big rate hike to fight inflation
Federal Reserve Chairman Jerome Powell Wednesday will address the Fed's plans to raise interest rates until inflation falls, even if it possibly slows economic growth.
Used cars costing consumers $10,000 more than 'normal' as inflation rages
It's a bad time for consumers looking to buy a used car.
Nearly half of Americans will take on debt this year despite higher borrowing costs: survey
Even with the Federal Reserve expected to raise borrowing rates again next week, adding debt is “not necessarily a bad sign," analysts say.