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Sunday, August 25, 2019

Shootings raise level of alarm at small businesses

NEW YORK (AP) — At a four-hour meeting last month, Michelle Abdow's staffers got to experience some of the sights, sounds and even smells they could encounter if someone invaded their office and began...

Report shows federal deficit to exceed $1 trillion next year

WASHINGTON (AP) — The federal budget deficit is expected to balloon to more than $1 trillion in the next fiscal year under the first projections taking into account the big budget deal that President...

After Harvey surprised thousands with unexpected flooding, new law aims to better inform homebuyers

The law, written by Sen. Joan Huffman, R-Houston, requires homeowners to disclose if their properties lie in a flood-prone area, have flooded before, or could flood in the future. It's an effort to expand notification after many homes unexpectedly flooded during Hurricane Harvey.

Trump flip-flops on tax cuts, citing ‘strong economy’

WASHINGTON (AP) — A day after considering cutting taxes to promote economic growth, President Donald Trump on Wednesday changed course and said he would abandon the idea because the nation already had "a strong...

Target thrives in intense retail environment

NEW YORK (AP) — Target topped expectations in just about any way measureable during the second quarter as it pushed faster delivery for customers and invested heavily in new private label brands. Comparable store sales,...

Fed officials widely divided on rates at July meeting

WASHINGTON (AP) — Federal Reserve officials were widely divided at their meeting last month when they decided to cut rates for the first time in a decade, with some arguing for a bigger rate...

Retailers’ results show sharp divide between losers, winners

NEW YORK (AP) — The divide between retail winners and losers is widening. That became even more evident Wednesday with the latest batch of earnings reports: Big-box stores and off-price retailers have been responding faster...

US stocks climb after major US retailers post solid earnings

Strong earnings reports from several big retailers helped drive stocks broadly higher on Wall Street Wednesday as the market bounced back from its first loss in four days. Target notched its biggest-ever gain, while Lowe's...

US home sales rose 2.5% in July, aided by low mortgage rates

WASHINGTON (AP) — U.S. home sales increased 2.5% in July, a sign that lower mortgage rates have produced a spurt of home-buying. The National Association of Realtors said Wednesday homes sold last month at a...

Council Report: Members hear briefing on possible 19-story high-rise development

At Tuesday's work session, the Fort Worth City Council was given a presentation on a proposed economic development program agreement with MWG Enterprises for construction of a high-rise residential tower to be located at...