The latest economy news from The Texas Tribune.
While President Trump's order sending National Guard to address a "crisis" to the border has garnered national attention, those living in the Rio Grande Valley see a gap between perception and reality. Full Story
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A new report that looks at the growing socioeconomic gap between the rich and poor in Dallas County found that African-American and Hispanic residents continue to bear the brunt of falling incomes, and all 11 of the county's poorest census tracts are majority-minority neighborhoods. Full Story
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A brewing trade war between the United States and China is making Texas cattle ranchers nervous about potential tariffs on their beef exports. Full Story
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As the future of NAFTA remains in flux, Gov. Greg Abbott on Wednesday asked the country's top trade representative to retain two long-standing provisions of the trade pact that have boosted the Texas economy. Full Story
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Without an infusion of new money to cover mounting liabilities, Hegar warned, credit agencies are likely to downgrade Texas’ credit rating, which would make it more expensive for the state to borrow money — and perhaps damage the state's business climate. Full Story
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In his pitch to attract Amazon's second headquarters, Austin Mayor Steve Adler has asked the tech giant to see Austin's "challenges as an opportunity." Dallas Mayor Mike Rawlings has emphasized that his city is already "easy." Full Story
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Despite a high demand for workers and attractive wages, few Americans sign up to do the grueling work at the JBS USA meatpacking plant in deep-red Cactus. Full Story
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The Bois d'Arc Creek Reservoir was recently approved for its second $500 million loan as the project nears the beginning of construction in North Texas. The dam and accompanying man-made lake will be Texas' first new major reservoir in almost two decades. Full Story
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For the fourth time in as many election cycles, state Rep. Mary González is battling it out on the campaign trail. Her opponent, MarySue Femath, hopes to make history by being the first Native American elected to the Texas Legislature. Full Story
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Texans prefer the direction the state’s leaders are navigating than federal ones, but they're more bullish on the nation’s economy than the state’s, according to the latest University of Texas/Texas Tribune Poll. Full Story
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State lawmakers are already saying they will overturn an Austin ordinance passed Friday that requires paid sick leave for private employees. Full Story
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While visiting his alma mater on Thursday, U.S. Secretary of State Rex Tillerson said the North American Free Trade Agreement is due for an update. Full Story
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After the release of a framework of the White House's plan on immigration and border security, President Donald Trump's State of the Union speech will preview how much he is willing to compromise to get something to his desk. Full Story
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Though unemployment is low and tax revenue is on the rise, big bills coming due for the state’s highways and health care programs are giving Texas lawmakers some heartburn. Full Story
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Gov. Greg Abbott released his second "Report to the People of Texas," which chronicles the state's victories in 2017. But it skims over a few major challenges Texas faced during the past year. Full Story
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In an amicus brief filed with the U.S. Supreme Court, Texas Attorney General Ken Paxton on Thursday stated that if the 2012 Deferred Action for Childhood Arrivals program still exists in June, his office would consider filing suit to eliminate the program. Full Story
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Some cities fighting to house Amazon's coveted second headquarters have offered up billion-dollar financial incentives. If a Texas city lands the headquarters, experts don't expect incentives to be the main reason. Full Story
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Austin and Dallas are among 20 North American cities being considered for a second headquarters for Amazon, the online retail giant announced Thursday morning. Full Story
A shutdown is poised to take place unless Congress passes a new spending bill and President Donald Trump signs it into law by Jan. 19. That could mean closed parks, furloughed workers and the temporary closure of NASA in Texas. Full Story
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Republican U.S. Rep. Will Hurd, R-Helotes, on Tuesday said he would file legislation to protect young undocumented immigrants from deportation and beef up border enforcement. The move comes as federal lawmakers face a Friday deadline to pass a measure to keep the federal government functioning. Full Story
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