Just outside Austin, in Georgetown, Texas, brand new planned communities sprawl out as far as the eye can see, which is pretty far in this part of the country.
Category Archives: business
One of Wall Street’s biggest bulls cuts his S&P 500 outlook, blaming Trump’s tariffs
Widely followed strategist Ed Yardeni, one of the biggest bulls on Wall Street, lowered his market forecast, saying President Donald Trump’s tariffs raise the risk of stagflation.
Dollar General CEO warns consumers are cash-strapped and says 2025 won’t be better
Dollar General CEO Todd Vasos said on Thursday that inflation continues to hurt the discounter’s customers and that the macroeconomic environment won’t improve this year.
Spirit Airlines, fresh from bankruptcy, is ready to take on the new Southwest, CEO says
Spirit Airlines is out of bankruptcy, hitting its target to emerge in the first quarter, after a crippling few years.
Tampa Bay Rays withdraw from planned $1.3 billion ballpark, citing storms and delays
The Tampa Bay Rays on Thursday withdrew from a $1.3 billion ballpark project, citing hurricanes and delays that likely will drive up the proposal’s cost.
Trump administration directs military to develop options for Panama Canal
NBC News’ Courtney Kube reports on the Trump administration directing the U.S. military to begin developing options for the Panama Canal, according to two U.S. officials familiar with the matter.
Wall Street turmoil rattles retirement savers, turning financial planners into therapists
Turmoil on Wall Street is keeping financial planners’ phones ringing as 401(k) holders watch their retirement account balances fall with the stock markets they’re tied to.
Donatella Versace steps down as head of Italian fashion house
Donatella Versace announced Thursday that she is stepping down as chief creative officer of Versace, ending her nearly 30-year-long stint at the Italian luxury fashion empire’s helm.
Trump threatens 200% tariff on E.U. wine and liquor
President Donald Trump threatened Thursday to impose 200% tariffs on alcohol from the European Union in response to the region’s retaliatory 50% tariff on U.S. whiskey, further escalating tensions between two longtime trading partners.
With mortgage rates dropping, is now the time to buy a house?
Mortgage rates just dropped for a sixth week in a row, leading some to wonder if now is the right time to buy a house. NBC’s Vicky Nguyen joins TODAY with where the levels are now and where the easiest and toughest places to buy are in the United States.