CVS to lay off 5,000 employees as it seeks to cut costs

The Rhode Island-based pharmacy giant said in a statement that it is eliminating "a number of non-customer facing positions" throughout the company

US trucking giant Yellow shutting down operations amid standoff with Teamsters union

The end of the road comes after the company earlier this month averted a strike by some 22,000 Teamsters-represented workers, saying the company will pay the more than $50 million it owed in worker benefits and pension accruals.

Austin city budget: Where is the money going?

The Austin City Council recently heard from concerned citizens wanting the city budget to include funding for areas of need across the city. Mayor Pro Tem Paige Ellis joins FOX 7 Austin's Mike Warren to discuss.

Facebook users have one month left to apply for share of $725M settlement

U.S. Facebook users have one more month to apply for their share of a $725 million privacy settlement that parent company Meta agreed to pay late last year. Here's how.

Mega Millions lottery jackpot nears $1B ahead of Friday drawing

The Mega Millions lottery jackpot is approaching $1 billion ahead of Friday’s drawing, driving first-time buyers and other hopefuls to stock up on tickets.

Federal Reserve raises key interest rate for 11th time by a quarter-point in effort to slow inflation

The Federal Reserve raised its key interest rate Wednesday for the 11th time in 17 months, a streak of hikes that are intended to curb inflation but that also carry the risk of going too far and triggering a recession.

Auto-loan rejections are up as Federal Reserve raises key interest rate

The Federal Reserve's decision Wednesday to raise its benchmark rate for the 11th time, by a quarter-point, could once again send ripple effects across the economy.

Mega Millions jackpot soars to $910 million after no one wins top prize

The new $910 million prize for Friday night's drawing is among the largest in U.S. lottery history. The largest jackpot was a $2.04 billion Powerball prize won in November 2022.

BBB releases report on most common, costly scams

$4 million has already been lost by Texans in just the first half of 2023. That amount is more than consumers lost in an entire year from 2018-2022.

NFL suspends Broncos' Eyioma Uwazurike indefinitely for gambling on games

The NFL indefinitely suspended Denver Broncos defensive end Eyioma Uwazurike on Monday for betting on league games during the 2022 season.