Debt ceiling: Biden 'confident' there will be no default

Negotiators are racing to beat a deadline of June 1, which is when the Treasury Dept. said the U.S. could begin defaulting on its debts for the first time in history and risk financial catastrophe.

Housing market could tumble into a 'deep freeze' if US defaults on its debt

A new analysis from Zillow projected that home-buying costs could surge by a stunning 22% if Congress fails to raise the debt limit by June 1.

Renters get some relief as rent burdens plummet, but low-income families still struggle: new report

Renters in the U.S. are experiencing some relief from rental burdens, according to a new report by Moody’s Analytics. The number of metros experiencing higher rent burdens dropped 91% from last quarter.

Number of new American business applications hits an all-time high

According to data from the U.S. Census Bureau, 5.4 million new business applications were filed in 2021, the highest of any year on record. 

United planning to hire 15K workers ahead of expected summer travel surge

The hiring sign is out at United Airlines. The airline said Wednesday that it plans to add 15,000 workers this year, and hired 7,000 in just the past four months.

Feds raise key interest rate to highest level in 16 years

The Federal Reserve reinforced its fight against high inflation Wednesday by raising its key interest rate by a quarter-point to the highest level in 16 years.

Central Texans have a couple of weeks left to protest their property's tax assessment

House Bill 2 would tighten up the cap on yearly assessments. Senate Bill 3 would raise the state’s homestead exemption — the amount of a home’s value that can’t be taxed by school districts.

AOC, Matt Gaetz unite to introduce lawmaker stock trading ban

Members of Congress and their families are frequently accused of illegal trading practices, allegedly using their knowledge of upcoming legislation to make informed decisions on the stock market.

First Republic Bank seized by regulators, sold to JPMorgan Chase

San Francisco-based First Republic is the third midsize bank to fail in two months and is the second-biggest bank failure in U.S. history.

These are the cities you can earn six figures in and still be broke

A new study found that in 16 of the 100 largest U.S. metros, a family of three earning a $100,000 annual income would spend more on the basics than what they earn. California cities made up half of the list.

Texas: The Issue Is — State Rep. James Talarico pitches inflation relief bills

State Rep. James Talarico joins FOX 7 Austin's Rudy Koski to discuss his inflation relief bills, which would pause collection of several state-related fees for a year.

The best time to sell your home is this week, data reveals

According to the research, the week of April 16-22 offers higher-than-average prices and a lower-than-average time on the market, while also offering a higher-than-average number of buyers.