News
The Supreme Court struck down Trump’s tariffs. Now comes the hard work of issuing refunds
2+ hour, 59+ min ago (1078+ words) The Supreme Court on Friday struck down President Donald Trump's biggest and boldest tariffs. But the justices left a $133 billion question unanswered: What's going to happen to the money the government has already collected in import taxes now declared unlawful?...
Murky outlook for businesses after tariff ruling prompts countermoves by Trump
15+ hour, 57+ min ago (1167+ words) Businesses face a new wave of uncertainty after the Supreme Court struck down tariffs imposed by President Donald Trump under an emergency powers law and Trump vowed to work around the ruling to keep his tariffs in place. The Trump…...
Mortgage rates dip to 6.01%, lowest level in more than 3 years
2+ day, 11+ hour ago (621+ words) The average long-term U.S. mortgage rate slipped this week to its lowest level in more than three years, but remains around 6% in the same narrow range it has been in this year. The benchmark 30-year fixed rate mortgage rate fell to…...
America’s vanishing cattle herd drives 15% price hikes for beef
3+ day, 22+ min ago (855+ words) While US inflation has cooled from its pandemic-era peak, prices at grocery store meat counters are skyrocketing with no relief in sight. The blame game for what's behind the beef price surge has pressured the White House to respond. US…...
Texas’ Main Street sector more optimistic than the rest of U.S., data shows
3+ day, 10+ hour ago (684+ words) Everything is bigger in Texas " and small business optimism is no exception, according to new data. Released on Tuesday, the National Federation of Independent Business (NFIB) small business economic trends report ranked the Lone Star State high when compared to…...
Inflation falls to five-year low as prices for fuel, housing slow growth
1+ week, 1+ day ago (578+ words) WASHINGTON " A key measure of inflation fell to nearly a five-year low last month as apartment rental price growth slowed and gas prices fell, offering some relief to Americans grappling with the sharp cost increases of the past five years....
US retail sales stalled in December as consumers pulled back on spending
1+ week, 4+ day ago (607+ words) US retail sales unexpectedly stalled in December, suggesting consumers provided less firepower for the economy as the year drew to a close. The disappointing figures indicate the burst of activity at the start of the holiday-shopping season proved to be…...
D-FW home prices continue fall and other real estate news
3+ week, 2+ day ago (497+ words) Dallas-Fort Worth home prices in November dropped 1.42% compared to the previous year. That's below the national average, which saw home prices jump 1.36%, according to the latest S&P Cotality Case-Shiller Home Price NSA Index. Of the 20 major metros tracked in…...
Economists say the country has entered a ‘K-shaped economy.’ What about D-FW?
3+ week, 5+ day ago (1433+ words) North Texas Business Trends Reporter On a weekday last August, a few dozen men and women in business attire crowded atop a podium set up at the 50-yard-line of AT&T Stadium for the opening celebration of New York Stock…...
Dallas Fed: Texas employment growth ‘around zero’ in 2025
1+ mon, 21+ hour ago (699+ words) North Texas Business Trends Reporter Texas gained "around zero" net jobs in 2025, according to a recent projection by the Federal Reserve Bank of Dallas, suggesting a downward shift from the state's prolonged high employment growth trajectory. "It is a big…...