Tax policy is messy. Here are a few tips to help you understand what the recent voter-approved tax cuts mean for your mortgage.
Economy
Get the latest on jobs, business, growth, and policy shaping the state’s economy with in-depth reporting from The Texas Tribune.
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Economy
Tim Dunn, the powerhouse GOP donor, to sell his West Texas oil company for $12 billion
Tim Dunn has used his wealth to establish a network of organizations that push his ultraconservative views across Texas. The deal comes amid a time of consolidation in the Permian Basin.
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Economy
Austin will now allow more homes to be built on single-family lots
City officials hope that allowing up to three units per lot will increase supply and slow the explosive increase in housing costs. The measure was approved by Austin City Council in a 9-2 vote late Thursday night.
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Economy
As offices sit empty and housing costs soar, some Texas developers are converting workspaces into apartments
Not every downtown high-rise is a good fit for an office-to-housing conversion, but some officials and developers see benefits in turning unused space into new residential units.
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Economy
In this East Texas town, a 45-foot tall oil pump is a holiday symbol and connection to the past
Rudolph the Red-Nose Pumping Unit has long been a holiday tradition in Lufkin. The machinery, now used worldwide to extract oil from the ground, was invented by a local businessman.
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Climate Change in Texas
Texas will have to cut methane emissions from oil fields under new federal climate rule
The Biden Administration announced a crackdown on methane emissions, a major driver of climate change. Major oil and gas companies also signed on to a voluntary net-zero commitment.
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Demographics
More than 765,000 older Texans are struggling to cover housing costs
A new Harvard University study found an increase in the number of Texas households headed by people 65 or older spending more than 30% of their income on housing. Advocates say keeping older adults housed will require substantial public investment and reforms.
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Economy
A Texas politician wants to provide emergency services to constituents who don’t have them. Will they let him?
In unincorporated West Odessa, residents relish their freedom. And they also go without basic services. Ector County Judge Dustin Fawcett, a young Republican with Ronald Reagan good looks and politics, wants to change that.
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Climate Change in Texas
Climate change, costly disasters sent Texas homeowner insurance rates skyrocketing this year
Texas rates have increased 22% on average so far in 2023, twice the national rate. More billion-dollar disasters have occurred in Texas this year than any other year on record.
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Demographics
Despite strong economy, Texas cities grapple with excess office space
As remote and hybrid working become the new normal, major Texas cities are facing a decline in office tenants. It’s too soon to tell what that means for the vitality of downtowns.