Rising credit costs are squeezing homebuyers. Here’s what it means for you
Buying a home already means saving for a down payment, shopping for a good mortgage rate and covering closing costs.
Business News
New cars cost nearly $50K. Here are 5 affordable car brands under $40K
Only five major car brands averaged sales prices under $40,000 in the United States in June 2026 as average new car prices remain close to $50,000 and car shoppers are feeling the pinch....
Report: Josh Kushner, Bob Iger to buy Lakers for record $12.5B
American businessman Josh Kushner and former Disney executive Bob Iger are purchasing the Los Angeles Lakers for a record-breaking price of $12.5 billion, ESPN reported on Wednesday....
Lakers sold to Josh Kushner, Bob Iger for record-breaking $12 billion
Ramona Shelburne: The Los Angeles Lakers are being sold to American businessman Josh Kushner and Bob Iger for a record breaking price over $12 billion, multiple sources told ESPN....
Uber Freight says its investigating cyber incident following hacker claims
Aug 11 (Reuters) - Uber Freight is investigating a data security incident involving unauthorized access to a portion of its systems and repositories, a company spokesperson said on Tuesday....
How managers can create effective leaders
In today’s job market, the challenge for managers isn’t just hiring talent — it’s figuring out how to keep people growing once they’re inside the company....
New retailer opens on busy corridor in Wichita Falls
A Skechers shoe store has opened in Wichita Falls at 3127 Lawrence Road.
Senior OpenAI executive Brad Lightcap to leave for new venture
Aug 11 (Reuters) - Senior OpenAI executive Brad Lightcap said on Tuesday he would leave the company to start a new venture, as the ChatGPT maker gears up to go public amid growing AI demand....
Inflation is the biggest problem, Fed's Goolsbee says
Aug 11 (Reuters) - Federal Reserve Bank of Chicago President Austan Goolsbee, in a video that was primarily Economics 101 and did not explicitly include his monetary policy views, indicated he is more...
AI startup Manus to resume independent operations as deal with Meta unwinds
BEIJING, Aug 11 (Reuters) - AI startup Manus said on Tuesday it will resume operating as an independent company and some user data will be deleted as part of its separation from U.S. tech giant Meta....
I'm a 12-year grocery store veteran. 9 ways it changed the way I shop
Ever wondered how grocery store employees shop for themselves? After earning a degree in nutrition, I worked at a food co-op for four years.
A pay cut for a steady job? Economic anxiety fuels forever jobs
Work-life what?
No audit for planned Nueces County data center under Abbott's order
Hut 8, the company developing a planned 525-acre data center in Nueces County, will not require an audit under a directive by Gov.
European shares edge higher as energy stocks climb on elevated oil prices
Aug 11 (Reuters) - European shares edged higher on Tuesday, lifted by energy stocks as Middle East uncertainty kept oil prices elevated, while investors awaited a slate of economic data later this...
FlightAware sues Kalshi over flight-cancellation markets
Aug 11 (Reuters) - Flight-tracking service FlightAware is suing prediction markets giant Kalshi accusing the company of using its data and name to run "gambling markets on flight cancellations"...
It's not just Taco Bell. Taylor Farms supplies many restaurants, stores
Taylor Farms produces much of the lettuce and many of the jalapeño peppers sold in America’s supermarkets and fast-food restaurants. Right now, many consumers would like to know which ones....
Moldy ice, chemical violations in Abilene restaurant inspections
The city of Abilene Environmental Health Division regularly monitors restaurants and food establishments for compliance with state food safety requirements....
Retail investors sold SpaceX shares for first time on Friday
By Shashwat Chauhan Aug 10 (Reuters) - Retail investors who spent weeks defending SpaceX through its post-IPO run turned net sellers on Friday, marking the first such instance since the company's...
Euro zone investor morale turns positive in August, Sentix survey shows
BERLIN, Aug 10 (Reuters) - Investor morale in the euro zone returned to positive territory in August and rose for a fourth consecutive month, helped by a sharp improvement in current economic...
Trading platform Plus500 reports higher core profit as US business gains traction
Aug 10 (Reuters) - Trading platform Plus500 reported a rise in half-year core profit on Monday, aided by higher trading activity as the company expanded its U.S. business and rolled out more products,...
Sony, TSMC to spend $6.3 billion to jointly make image sensors, Nikkei says
TOKYO, Aug 10 (Reuters) - Sony Group and Taiwan's TSMC plan to spend around 1 trillion yen ($6.32 billion) to jointly make next-generation microchips used in image sensors, the Nikkei business daily...
I Squared wins bidding war for Australia's oOh!media with $735 million deal
Aug 10 (Reuters) - Australian outdoor advertising company oOh
West of 61st: Three Million Square Feet and the Remaking of Galveston Island
A condominium market reopened after nearly two decades, a $540 million project approved on fifteen acres, and 118 units of workforce housing written into the program. What is actually being built, project by project....
Two Front Yards: Inside the $800 Million Canal Community on North Padre Island
Ashlar Development and PLACE Designers have built 240 acres and five miles of navigable canals on the old Waves Resort site. The homes are designed with two fronts — one on the street, one on the water....
Jinbeh to close Frisco restaurant
Jinbeh to close Frisco restaurant communityimpact.com
Private credit roundup: Weaker results but redemption pressures ease
LONDON, Aug 7 (Reuters) - In private credit markets this week, Apollo Global reported easing redemption requests, business development companies BCP Investment and Morgan Stanley Direct Lending Fund...
Canada's Ivey PMI hits four-month low in July
TORONTO, Aug 7 (Reuters) - Canadian economic activity expanded at a slower pace in July as a measure of employment declined and price increases accelerated, Ivey Purchasing Managers Index (PMI)...
Trump says Congress wants to regulate AI industry 'out of business'
By Courtney Rozen WASHINGTON, Aug 7 (Reuters) - U.S. President Donald Trump said the U.S.
Report alleges Kawhi Leonard had second undisclosed partnership
Kawhi Leonard and the Los Angeles Clippers are still under investigation for an alleged “no-show” agreement with a now defunct company, Aspiration, to funnel extra compensation to the player in a deal...
Volkswagen to overhaul US strategy with planned pick-up truck, source says
BERLIN, Aug 7 (Reuters) - German auto group Volkswagen plans to overhaul its U.S. strategy with new management and a revised product offering, including a new pickup truck, a company source told...
Is tax-free weekend online too? What Texas shoppers should know
Tax-free weekend in now underway — the sales tax holiday is expected to bring millions of savings to Texas families. The sales tax holiday runs from Friday, Aug. 7, through midnight Sunday, Aug. 9....
Under Armour forecasts steeper annual sales decline
Aug 7 (Reuters) - Under Armour forecast a steeper annual decline in revenue on Friday, as the athletic apparel maker struggles with weak consumer spending amid macroeconomic uncertainty in its key...
Levi Strauss reveals cybersecurity breach amid wider wave of attacks
Aug 7 (Reuters) - Levi Strauss on Friday disclosed a recent cybersecurity incident in which an unauthorized third party gained access to the company's systems through a social engineering attack...
Salad chain Sweetgreen shares slide as cyclosporiasis fears prompt forecast cut
Aug 7 (Reuters) - Shares of Sweetgreen slumped 15% in premarket trading on Friday, a day after the salad chain slashed its annual same-store-sales projections as consumers grew wary of fresh produce...
Retailers tap AI shopping traffic but fight to keep customer data
By Arriana McLymore NEW YORK, Aug 7 (Reuters) - As shoppers increasingly turn to ChatGPT and Google's Gemini for product recommendations, retailers are racing to appear in chatbot results while...
Norway's sovereign fund opposes US plan to scrap company climate reporting
COPENHAGEN, Aug 7 (Reuters) - Norway's sovereign wealth fund, the world's largest, said on Friday it does not recommend the U.S.
Stack-stealing Cowboys look to realize potential Raiders missed
One of the most important tenets of building out a roster is to know the store you're shopping at.
Airbus reports stable July deliveries, confirms China orders
PARIS, Aug 7 (Reuters) - Airbus needs to deliver an average of 90 jets a month between now and the rest of the year to meet its target after posting flat deliveries in July, company data showed on...
American Airlines changes elite upgrades on select routes
An upcoming policy change at American Airlines means elite status may no longer earn you a direct upgrade to business class.
Mini mart sued by Buc-ee's receives support with merch
A popular Cincinnati apparel company is rallying behind a corner store facing a lawsuit from gas station chain Buc-ee's.
Factbox-US restaurant chains hit by foodborne illness outbreaks
Aug 6 (Reuters) - Foodborne illness outbreaks have repeatedly disrupted U.S. restaurant chains, triggering recalls, lawsuits and heightened regulatory scrutiny while pressuring customer traffic and...
Restaurant Brands beats quarterly same-store sales estimates on Burger King strength
Aug 6 (Reuters) - Restaurant Brands International beat overall same-store sales growth expectations for the second quarter, helped by resilient demand at its Burger King chain in the U.S....
How to watch Indiana Fever vs. Las Vegas Aces: Time, stream
The Indiana Fever will get back to business by playing host to the Las Vegas Aces on Thursday, Aug. 6, at Gainbridge Fieldhouse in Indianapolis.
No kids. But dogs are in when it comes to dining out
Leave the kids at home, but dogs are welcome – outside and indoors at restaurants – according to a recent study of U.S. diners.
Trump makes economic case in Las Vegas amid affordability woes
LAS VEGAS – President Donald Trump returned to Las Vegas on Wednesday, Aug. 5, to make a familiar pitch: that his economic policies are lowering costs for Americans and putting more money back in...
South Korea says the chance of 3% economic growth has risen sharply
SEOUL, Aug 6 (Reuters) - South Korea's Finance Ministry said on Thursday that the possibility has increased greatly of economic growth rising to the 3% level for the first time in five years....
Galveston seeks community input for Comprehensive Plan
The workshop will take place from 10 a.m. to 1 p.m. in the Abe and Annie Seibel Wing at Galveston College, 4015 Ave. Q, and aims to incorporate community input about policy and development decisions for the next decade and…...
Corpay lifts annual forecasts, to sell non-core UK vehicle payments business
Aug 5 (Reuters) - Business payments platform Corpay raised its full-year forecasts and reported higher second-quarter profit on Wednesday, helped by continued growth in its corporate and vehicle...
ECB says investment shift towards AI helps ease drag of uncertainty on euro zone growth
FRANKFURT, Aug 5 (Reuters) - Uncertainty created by wars and trade friction will continue to weigh on euro zone economic growth this year, but a shift in business investment towards intangible assets...
Global Payments cuts annual forecasts as Middle East conflict hits travel spending
Aug 5 (Reuters) - Payment technology company Global Payments cut its annual net revenue and profit forecasts on Wednesday amid economic uncertainty linked to the war in the Middle East....
Thomson Reuters reports higher second-quarter revenue
Aug 5 (Reuters) - Thomson Reuters reported a 9% rise in second-quarter revenue on Wednesday, boosted by its big three legal, corporates and tax and accounting businesses....
Disney's 'Toy Story 5' fuels streaming business and merchandise sales for June quarter
By Dawn Chmielewski LOS ANGELES, Aug 5 (Reuters) - Disney said the blockbuster success of "Toy Story 5" extended beyond the box office for the June quarter, as the hit film fueled sales of merchandise...
Circle's quarterly revenue rises as stablecoin circulation accelerates
Aug 5 (Reuters) - Circle reported higher second-quarter revenue on Wednesday, helped by increased adoption of its USDC stablecoin as businesses and institutions expanded its use beyond crypto trading....
Euro zone services revival drives activity in July but outlook clouded by Iran war, PMI shows
LONDON, Aug 5 (Reuters) - Euro zone business activity jumped to an eight-month high in July as a rebound in services joined a strengthening manufacturing sector, but the uncertain trajectory of the...
German services downturn eases in July as demand picks up, PMI shows
BERLIN, Aug 5 (Reuters) - Germany's service sector contracted only marginally in July as demand picked up slightly and new business rose for the first time in five months, a business survey showed on...
Foxconn's monthly revenue hits record in July on AI demand
TAIPEI, Aug 5 (Reuters) - Monthly revenue for Foxconn hit a record in July, surpassing T$900 billion ($27.93 billion) for the first time on strong AI demand, the Taiwanese company said on Wednesday....
Spain services growth hits 40-month high in July, PMI shows
Aug 5 (Reuters) - Spain's service sector expanded at its fastest pace since March 2023 in July as stronger demand drove a marked rise in new business, a business survey showed on Wednesday....
Indonesia Q2 GDP slows to 5.29% y/y, but beats forecast
JAKARTA, Aug 5 (Reuters) - Indonesia's year-on-year economic growth hit 5.29% in the second quarter, slower than the previous quarter but better than expected, official data showed on Wednesday....
Lockup expiry will offer the next test of investor appetite for SpaceX shares
By Suzanne McGee and Akash Sriram PROVIDENCE, Rhode Island, Aug 4 (Reuters) - The next test for SpaceX investors following its first earnings report as a public company comes on Thursday, when as many...
China services growth hits slowest since September 2024, private PMI shows
BEIJING, Aug 5 (Reuters) - China's services sector in July expanded at its slowest pace since September 2024 as growth in activity and new business moderated, a private business survey showed on...
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