Possible job cuts by Tesla could cut into deal with Travis County

Travis County officials are also keeping a close watch. The multi-million dollar incentive package that brought Tesla to Austin does not require a job cut notification.

Go-broke dates pushed back for Social Security, Medicare

Social Security retirees got a 5.9% boost in benefits this year, the biggest cost-of-living adjustment in 39 years.

May jobs report: US added 390,000 jobs last month as hiring remained robust

U.S. employers added a healthy 390,000 jobs in May 2022, extending a streak of solid hiring that has bolstered an economy under pressure from high inflation and interest rates.

Walmart to create 4,000 jobs with 4 new fulfillment centers

The first of the four new new fulfillment centers will open this summer in Illinois. These centers will provide faster shipping of items to customers.

US gas prices could top $5 a gallon by mid-June, analyst predicts

With gas prices exceeding $4 nationwide, one expert believes there’s a way you can save a few dollars at the pump by changing your driving habits.

Economist projects interest rates to surpass 2007 levels as inflation slows

Economists from Credit Union National Association (CUNA) predict that the Federal Reserve's fight against inflation could send interest rates soaring and also spur a recession as soon as next year.

Georgetown is the fastest-growing city in the nation, report says

According to new data from the U.S. Census Bureau, Georgetown is the fastest growing city or town of more than 50,000 people in the country.

Amazon tests package deliveries directly from shopping malls

Amazon’s new service gives customers a convenient option to have merchandise delivered to their homes faster.

Key inflation measure slowed in April for the first time since 2020

High inflation is still causing hardships, but any slowing of price increases, if it can be sustained, will provide some modest relief.

More Memorial Day travel expected, despite high gas prices

AAA estimates that millions of people will travel 50 miles or more during the holiday weekend with the majority of them driving their cars.

Bank of America to raise minimum wage to $22 an hour

It’s part of the bank’s phased approach to raising its minimum wage to $25 an hour by 2025.

Baby formula shortage: 78,000 pounds of formula arrives in US

The flight was the first of several to provide “some incremental relief in the coming days” as the government tries to address a critical baby formula shortage.

House approves bill to take aim at gasoline 'price gouging'

A bill backed by House Democrats would give President Joe Biden authority to declare an energy emergency and ban excessive or exploitative fuel prices.

Nestle flies baby formula to US from Europe to ease shortage

Nestle is shipping Gerber baby formula from the Netherlands and Alfamino formula from Switzerland to the United States to help with a formula shortage crisis that has left parents struggling to find supplies in stores.