Business

Former U.S. Treasury secretary says unemployment rate needs to rise to curb inflation

The unemployment rate needs to rise in order to ease the effects of inflation, former U.S. Treasury Secretary Larry Summers…

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Texas unemployment rate continued to fall in May, more industries experience full recovery

"Texas continues to set records for employment growth with more than 250,000 jobs added from the beginning of this year…

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Alliance Industrial Company & Kyle Economic Development host groundbreaking for Kyle/35 Logistics Park

Alliance Industrial Company, in partnership with Kyle Economic Development, will be holding a groundbreaking for the Kyle/35 Logistics Park...

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Welcome to Texas! No pandemic pause for companies moving to and expanding in the Lone Star State

By Peggy Fikac During a pandemic that brought the global economy to a crawl, Texas not only held on to…

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Poll: Small businesses say they are worse off than a year ago

Small businesses say they are worse off than they were at the same time last year, according to newly released polling…

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Nearly $5 billion in production taxes paid by Texas oil and natural gas industry to date this fiscal year

Texas oil producers paid a record $666 million to the state in oil production taxes in April – the highest…

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Inflation and the Economy: Steep rise in prices puts inflation in the spotlight

Inflation is a word most of us don’t like to hear because it correlates to higher prices. But it is…

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TWC provides additional support for creation and expansion of child care businesses in Texas

TWC) is offering start-up funding to support three goals — the expansion of child care in areas of the state…

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U.S. adds 390,000 jobs in May, unemployment rate remained at 3.6%

Notable job gains occurred in leisure and hospitality, professional and business services, and in transportation and warehousing...

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State sales tax revenue totaled $3.7 billion in May

On Wednesday, Texas Comptroller Glenn Hegar said state sales tax revenue totaled $3.69 billion in May, 8.6 percent more than…

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