Gas prices drop amid recession fears, pre-summer lull: AAA

Gas prices drop amid recession fears, pre-summer lull: AAA

Gas prices decreased last week, but rising interest rates have raised concerns of a recession, according to AAA.

Gas prices decreased last week, but rising interest rates have raised concerns of a recession, according to AAA.

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

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. 

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. 

TurboTax customers to receive checks in $141 million settlement

TurboTax customers to receive checks in $141 million settlement

The company was ordered to pay $141 million to low-income consumers who were tricked into paying TurboTax to file their federal returns — despite being eligible for free tax services.

The company was ordered to pay $141 million to low-income consumers who were tricked into paying TurboTax to file their federal returns — despite being eligible for free tax services.

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

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.

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

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.

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.

Here’s why consumers' credit scores got a boost in March: Report

Here’s why consumers' credit scores got a boost in March: Report

Consumer credit scores increased from last year to an average of 701, and the percentage of consumers scored in the subprime credit

Consumer credit scores increased from last year to an average of 701, and the percentage of consumers scored in the subprime credit

Applications open through June for Austin Ed Fund grant program

Applications open through June for Austin Ed Fund grant program

Up to $2,500 will be awarded for projects impacting individual classrooms and up to $10,000 will be awarded for collaborative project with a team- or campus-wide impact.

Up to $2,500 will be awarded for projects impacting individual classrooms and up to $10,000 will be awarded for collaborative project with a team- or campus-wide impact.

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

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.

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

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.

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.

Bank deposits fell by more than $76 billion

Bank deposits fell by more than $76 billion

Bank deposits fell by $76.2 billion in April, following the highly publicized closures of Silicon Valley Bank (SVB) and other tech-focused financial institutions. Moreover, high interest rates continue to put pressure on both banks and consumers.

Bank deposits fell by $76.2 billion in April, following the highly publicized closures of Silicon Valley Bank (SVB) and other tech-focused financial institutions. Moreover, high interest rates continue to put pressure on both banks and consumers.

First Republic Bank seized by regulators, sold to JPMorgan Chase

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.

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.