Dallas-Fort Worth is becoming the nation’s new hub for finance. The exodus of financial firms to North Texas has reshaped the local job landscape and helped transform the DFW metroplex into the...
Airbnb Will No Longer Hide Cleaning Fees
Airbnb Inc. will make cleaning fee costs more transparent earlier in the search process, potentially solving some of the longstanding customer complaints. Starting sometime in December, the company...
Dallas Hosting Luxury Fashion Show on Saturday
Louis Vuitton's next fashion show will take place in Dallas at the Perot Museum of Nature and Science on Saturday, as reported by NBC. The November 12 show will exhibit the Louis Vuitton Cruise 2023...
261,000 Jobs Added in October, Inflation Stays High
U.S. employers brushed off some of the economic fear in October to produce another strong month of hiring, despite current restrictive conditions and decades-high inflation. The U.S. economy added...
Service Industry Experiences Slowest Growth Pace in 2.5 Years
Not since the beginning months of the COVID-19 pandemic has the U.S. service industry grown so slowly. In October, the Institute for Supply Management's (ISM) non-manufacturing PMI dropped to 54.4...
Visa’s Stock Soars Amid Uncertainty
While consumers have been wrestling with soaring costs of living and unprecedented inflation, Visa reported a jump in revenue that topped growth estimates for the quarter. Payments volume increased...
Coltala Holdings Aims to Grow Pond Robinson
A new investment from Coltala Holdings aims to grow the Dallas-based Pond Robinson firm while bringing more job opportunities to the D-FW region. The firm works to help institutional clients acquire...
Largest Ever Buc-ee’s to Open in Small Texas Town
The largest Buc-ee's family travel center in the country will soon be constructed in Luling, Texas, 50 miles south of Austin. This new facility will replace an older Buc-ee's that has been in...
ExxonMobil Boasts Earnings Record in Q3, Boosting Dividends
ExxonMobil ended Q3 with record-setting profits, making it one of the best quarters for earnings in the company's history closing at $19.7 billion. This marks the 40th consecutive year of boosted...
Is a Recession Looming?
The Leading Economic Index (LEI), a monthly national economic gauge, fell 0.4% month-over-month in September, signaling a possible recession ahead. The index helps “summarize and reveal common...
Amazon Q3 Earnings Lower than Expected, Same Expected for Q4
The world's largest online retailer, Amazon, reported lower-than-expected earnings for Q3. The tech giant has many revenue streams, including Prime Day and now NFL Thursday Night Football -- both of...
Electric Vehicles Coming to Local County
A fleet of electric vehicles (EVs) could soon make their way to Tarrant County as part of a new pilot program that hopes to “electrify” the county’s transportation. Tarrant County officials...
Tesla under Criminal Probe over Self-Driving Claims
Tesla is allegedly under an open Department of Justice criminal investigation over claims that the company’s electric vehicles (EVs) can drive themselves. Last year, the DOJ launched a criminal...
Tesla May Exceed Apple in Growth, Musk Says
Tesla CEO Elon Musk recently stated that Tesla could eventually be worth more than Apple and Saudi Aramco combined. The statement came as a bit of a surprise, considering the Q3 earnings report...
Dallas Attorney Allegedly Hid Client’s $1B from IRS
A Dallas tax attorney was arrested last Tuesday on charges relating to hiding money from the IRS, authorities said. The charges against Joseph Garza, 79, revealed to the public on Thursday, included...
Texas Tourism, Travel, and Hospitality Industry Gets Relief
Texas businesses in the tourism, travel, and hospitality industry negatively impacted by the COVID-19 pandemic can now apply for additional tax-payer-funded financial relief. The Texas Travel...
PayPal Reintroduces $2,500 ‘Misinformation’ Fine
PayPal users have noticed that the online financial hub is once again assessing a $2,500 fine against users for every violation of the Acceptable Use Policy. The revelation comes just weeks after a...
Meta Stock Plummets After $24.6M Legal Fine
Meta, formerly Facebook, is feeling intense pressure financially from a $24.6 million lawsuit and failure to reach quarterly expectations after three consecutive quarters showing revenue decline....
Federal Reserve Issues Fourth 0.75% Rate Hike
The Federal Reserve raised interest rates by another 75 basis points on Wednesday, the latest sign that monetary policymakers are serious about combating the upward pressure on inflation. The...
Mary Kay Ash’s Grandson to Assume CEO Role
The grandson of the co-founder of Addison-based cosmetics brand Mary Kay Inc. is set to become the new CEO. Ryan Rogers, Mary Kay's chief investment officer, grandson of Mary Kay Ash, and son of...
Shell and TotalEnergies Report Record Profits
Shell and TotalEnergies, two European oil giants, have gained profits to the tune of nearly $20 billion. Total, based in Paris, posted adjusted profits of $9.9 billion. At the same time, Shell,...