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KABB Fox News 29 San Antonio provides local news, weather forecasts, traffic updates, investigations, notices of events and items of interest in the community, sports and entertainment programming for San Antonio and nearby towns and communities in South Central Texas, including Bandera, Boerne, Carrizo Springs, Castro
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Fact Check Team: Why one inflation report can move Wall Street
4+ week, 1+ day ago (615+ words) WASHINGTON (TNND) — The latest inflation report is out — and while the numbers may seem like just another set of economic statistics, they can have an immediate impact on Wall Street, interest-rate expectations and, eventually, borrowing costs for Americans. The report…...
Report warns blue-state renewable mandates drive higher power bills, raising affordability fears
4+ week, 2+ day ago (571+ words) by TATE ROSENTRETER | The Center Square Contributer (THE CENTER SQUARE) — Energy prices are higher on average in Blue states than in Red states — a gap two energy groups blame on policies that favor wind and solar at the expense of…...
Home sales surge in July, but Zillow warns listings pipeline might be drying up
1+ mon, 6+ day ago (358+ words) (TNND) — Home sales posted their strongest annual gain of the year in July, but Zillow warned that higher mortgage rates and weaker pending sales point to slower housing activity in the months ahead. Home sales rose 7% annually last month, but…...
Pressure builds inside Fed for another rate increase
1+ mon, 1+ week ago (807+ words) WASHINGTON (TNND) — Calls for another interest rate increase are growing within the Federal Reserve as officials weigh renewed inflation risks from the Middle East conflict after more than five consecutive years of above-target inflation. The mounting uncertainty has exposed a…...
May jobs report beats expectations, but wages continue to lose the race to inflation
3+ mon, 1+ week ago (749+ words) Scattered showers and thunderstorms continue today, bringing periods of rain, brief heavy downpours with possible flood conditions (TNND) — Labor market growth again came in hotter than expected in May, with American employers adding 172,000 jobs to their payrolls. The Bureau of…...
Americans are moving less, staying closer to home amid high housing costs: BofA report
3+ mon, 1+ week ago (615+ words) (TNND) — Americans aren't moving as much these days, and they're more likely to stick to their current cities if they do change addresses, according to a new report from the Bank of America Institute. The number of people who moved…...
Fact Check Team: Private equity firms face growing scrutiny over housing market impact
3+ mon, 4+ week ago (504+ words) by MORGAN STEPHENS and EMMA WITHROW WASHINGTON (TNND) — As the U.S. housing market continues to cool in some areas, lawmakers and housing experts are increasingly scrutinizing the role private equity firms and large institutional investors play in America’s housing supply....
Oil spike complicates Fed’s rate path forward with cuts less likely
5+ mon, 3+ week ago (722+ words) WASHINGTON (TNND) — Federal Reserve officials are widely expected to stand pat when they decide on interest rates Wednesday as the war in Iran complicates the inflation outlook and clouds the path forward. Officials were already facing a challenging backdrop for…...