Federal Reserve cuts interest rates, but how will it impact Austin?
The Federal Reserve cut interest rates this week, but what will the impact be on Austin's real estate market? Olivia Vale with Roots Residential Group joins FOX 7 Austin's John Krinjak to break it down in this FOX 7 Focus.
Would Harris or Trump do a better job on the economy? Voters spilt in new poll
About 4 in 10 registered voters say Trump would do a better job handling the economy, while a similar number say that about Harris, according to a new AP-NORC poll.
Will the Fed's rate cut bring down mortgage rates?
While the federal funds rate is not what consumers pay directly, it affects borrowing costs for home equity lines of credit, auto loans and credit cards. Mortgage rates are linked to moves in the 10-year Treasury yield.
Poll shows Americans take dim view of grocery industry amid recalls, inflation
A recent Gallup poll reveals a shift in Americans' opinions of the grocery industry, with more negative than positive views for the first time. Concerns over inflation and food safety have contributed to declining confidence in a once highly-rated sector.
Where is inflation the highest? Chicago, New York rank near top
New data released by the Labor Department revealed which cities have the highest inflation rates.
Inflation continues to cool, latest numbers show
The prices of gas, groceries and cars are either falling or rising at slower rates than before the pandemic. That’s after peaking at a 40-year high in mid-2022.
US inflation hits 3-year low as Federal Reserve set to cut interest rates
With the cost of goods and services experiencing a slight decline in August, the Federal Reserve may consider cutting its key interest rate soon.
Here's how much the typical American household earned last year
The inflation-adjusted median income of U.S. households rebounded last year to roughly its 2019 level.
Company plans to track workers' locations in return-to-office crackdown
One of the world's biggest consulting and accounting firms plans to monitor its employees' locations to ensure compliance with a stricter return-to-office policy set to take effect next year.
August jobs report shows job losses for US-born workers, gains for foreign-born
The August jobs report reveals a sharp contrast in the U.S. job market, with US-born workers losing over 1.3 million jobs in the past year, while foreign-born workers gained more than 1.2 million jobs.
US economy adds 142,000 jobs as unemployment rate falls slightly, Dept. of Labor reports
Hiring in the U.S. grew slightly in August compared to last month as the unemployment rate dipped for the first time in a few months.
Americans turn to sausage as economic pressures persist, survey finds
A new survey reveals that more Americans are opting for sausage over pricier meats.
Texas Gas Service proposes residential rate hike for Austinites
Texas Gas Service has proposed a rate hike for residents, while businesses could get a reduction.
Where Trump, Harris stand on easing childcare costs
On this topic, Trump and Harris have one main commonality: Both have supported a higher child tax credit. Here’s what they’ve said.
The US added 818,000 fewer jobs this year than originally estimated
Over 800,000 fewer jobs were added by employers in the last few months, but consumer sentiment about the economy is still strong.
Waiting for mortgage rates to fall? Why experts say it won't make a difference
Potential U.S. home buyers and sellers have kept a sharp eye on mortgage rates, which have contributed to the affordability crisis in the market.
Here's how much money you need to feel 'rich' in 2024
Fewer than one in five Americans surveyed said they are currently on top of their finances.
Report: Millennials have gained wealth faster than their parents did at same age
Inflation-adjusted wealth for younger Americans surged 49% since right before the COVID-19 pandemic.
Gen Z cynical about future as majority call cost of living the number one election issue
Gen Z young adults are "struggling to remain optimistic" about their economic futures, a new report says, as rising costs of living and unaffordable housing prices make them re-evaluate their dreams.
Inflation eases in July, but these cities are dealing with the worst of it: Study
Inflation fell in July to the lowest level in more than three years.