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8:18am

Fri May 3, 2013
Economy

165,000 Jobs Added In April, Jobless Rate Fell To 7.5 Percent

Originally published on Fri May 3, 2013 9:05 am

Credit Spencer Platt / Getty Images

(Most recent update: 10 a.m. ET.)

The nation's jobless rate edged down to 7.5 percent in April from 7.6 percent in March and employers added 165,000 jobs to their payrolls last month, the Bureau of Labor Statistics reported Friday morning.

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5:50pm

Mon April 8, 2013
Business

Casinos in Texas? It Might Happen Sooner Than You Think

Credit Bobby Blanchard, KUT News

Texas voters would decide whether or not casinos would be allowed in the state, if state lawmakers approve a referendum that would amend the state Constitution.

State Senator John Carona (R-Dallas) said his proposal would allow 21 casinos to be distributed throughout the state, and would create a gambling commission. Carona, the author of the bill, said it is time Texas allows for casinos and slot machines, so the state doesn't fall behind other states economically.

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8:03am

Fri February 8, 2013
Business

Seeing Fewer Cars on the Road Today? Here's Why

Credit flickr.com/_fabio

If you’re going into work today, you must not have gotten the memo.

Today, many City of Austin employees and employees from some local business are partaking in Austin’s first “Work from Home Day." It's a citywide initiative to reduce the environmental impact of thousands of people driving to work.

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5:42pm

Wed February 6, 2013
Business

Lawmakers Focus on Eagle Ford Shale

Credit Eddie Seal, Texas Tribune

In the latest report on state sales tax revenues, some towns are reporting huge increases in sales tax collections.

Asherton, for example, saw its January sales tax grow by 191 percent. Asherton is near the Eagle Ford Shale, an area being transformed by the oil and gas drilling boom.

As Mose Buchele reports for StateImpact Texas, a new bipartisan group of state lawmakers hoping to guide that transformation hosted its first meeting today at the Capitol.

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7:15am

Wed February 6, 2013
National

Reports: Postal Service Will Move To Halt Saturday Mail

Originally published on Wed February 6, 2013 2:57 pm

Credit Justin Sullivan / Getty Images

(We updated the top of this post at 10:37 a.m. ET.)

Calling it "absolutely necessary" if the U.S. Postal Service is going to stop losing billions of dollars a year and reach anything close to financial stability, Postmaster Gen. Patrick Donahoe confirmed Wednesday morning that USPS is moving to eliminate Saturday delivery of first-class mail.

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4:40am

Fri January 18, 2013
Economy

Austin’s Economic Incentive Payments: $19 Million & Counting

Credit Economic Growth and Redevelopment Services Office, City of Austin

Austin got a look at the return on its investments Thursday. 

The city currently has 11 active economic incentive agreements in place – deals with companies like Visa and Apple stipulating that as long as a company meets negotiated hiring and spending goals, they’ll receive annual benefits from the city, often in the form of tax breaks.  Total incentives, if honored over the course of their entirety, approach $73 million.

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