News
Nearly 80% of Houstonians worry about the cost of living outpacing wages, survey finds
2+ hour, 14+ min ago (660+ words) A survey published by the University of Houston Hobby School of Public Affairs collected responses from residents of Houston and Chicago to gauge the economic perceptions of those living in the nation's third- and fourth-largest cities. Nearly 80% of Houstonians listed…...
Trump thinks a weaker dollar is great for America. Is he right?
1+ week, 5+ day ago (754+ words) The president said this week that the value of the dollar is "great" despite a sharp tumble since last year. That may be true for certain parts of the economy " but not others. The dollar continues to sink " but is…...
How have prices changed in a year? NPR checked 114 items at Walmart
4+ week, 12+ hour ago (1209+ words) We found the effects of tariffs and extreme weather, relief (finally!) in the egg cooler, plus one case of shrinkflation. LIBERTY COUNTY, Ga. " What brings Greg Reyes to this Walmart south of Savannah are the low prices. He and his…...
China's trade surplus hits $1 trillion for first time ever
2+ mon, 3+ day ago (405+ words) China's exports to the United States dropped sharply this year in the face of President Trump's tariffs " but the country is still finding plenty of customers elsewhere around the world. Customs data on Monday showed the country's trade surplus for…...
Small businesses feel more uneasy ahead of the holidays after a year of slow sales and high costs
2+ mon, 1+ week ago (1378+ words) A national survey found the smallest business owners are feeling less confident as they close out the year. Inflation, tariffs and shifts in consumer spending are some of the reasons why. Melissa Fabian opened Simply Nourished Market & Mercantile four years…...
Hilton Americas-Houston workers’ strike extended through mid-October as officials postpone events
4+ mon, 3+ week ago (419+ words) In a significant extension of their "historic" strike, workers at the downtown hotel plan to stay on the picket line for an additional 22 days. The Houston mayor and controller's office as well as the Harris County Democrats postponed events scheduled…...
Trump’s tariffs likely will lead to rise in car prices, Rice University economist says
5+ mon, 3+ day ago (515+ words) The idea behind automobile tariffs is to prioritize the manufacturing of American-made cars over imported cars. But customers in Houston and elsewhere across the U.S. could at some point see a $5,000 increase in imported car prices due to tariffs, according to…...
The U.S. economy rebounds to 3% growth in second quarter — but tariffs skew picture
6+ mon, 1+ week ago (313+ words) Houston Matters is on the air now! Join the conversation: Email [email protected] | Listen Live | Call or Text: 713.440.8870 The U.S. economy grew this spring after a slowdown earlier this year. A report from the Commerce Department shows the nation's GDP grew at…...
Inflation heats up in June as President Trump's tariffs start to bite
6+ mon, 3+ week ago (775+ words) Consumer prices were up 2.7% from a year ago " a larger annual increase than the month before. Inflation picked up steam last month amid early signs that President Trump's tariffs are beginning to have an effect on the prices shoppers see…...
Prime Day — er, Days — tests deal hunters' will to spend amid tariffs
7+ mon, 3+ day ago (662+ words) Electronics and back-to-school supplies are expected to top many shoppers' lists. Out: Amazon's Prime Day that's actually one day. In: Prime Day that's stretched to a four-day affair, in hopes of enticing both shoppers and sellers at a time of…...