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The latest in news, weather and sports for San Antonio and Central and South Texas.
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News
Wall Street week ahead: Federal Reserve decision on interest rates, retail sales update
1+ day, 17+ hour ago (260+ words) NEW YORK – The Federal Reserve and its interest rate policy will be the main focus for Wall Street this week. The central bank will close out its two-day meeting on Wednesday and could raise its benchmark interest rate in an…...
US issues sanctions on Turkish bank that it calls a 'critical financial lifeline' for Iran
1+ week, 2+ day ago (269+ words) WASHINGTON – The U.S. Treasury announced Friday it has imposed sanctions on a Turkish financial institution as part of its latest effort to sever “critical financial lifelines” for the Iranian government. The actions against Golden Global Yatirim Bankasi Anonim Sirketi come…...
US oil giant Chevron confirms it will expand operations in Venezuela
1+ week, 4+ day ago (358+ words) NEW YORK – Oil giant Chevron is confirming that it will expand its operations in Venezuela, just days after President Donald Trump announced an ambitious deal to develop the nation’s oil reserves and give the Pentagon a stake in the profits....
US plans to sanction another bank in effort to clamp down on Iran transactions, Bessent tells AP
2+ week, 12+ hour ago (175+ words) ASHEVILLE, N.C. – The Trump administration plans to impose sanctions on another bank this week in an effort to clamp down on Iran transactions, Treasury Secretary Scott Bessent said Sunday. “This is going to be financial violence if we have to,” Bessent…...
Juul gets OK to sell updated vaping device with age-gating technology
2+ week, 2+ day ago (405+ words) WASHINGTON – Vaping company Juul Labs on Friday received federal permission to sell an updated version of its e-cigarette, which includes an optional age-verification system designed to prevent underage use. The decision from the Food and Drug Administration allows the company…...
US economy expands at sluggish 1.5% pace in second quarter, but consumer spending stayed strong
2+ week, 4+ day ago (57+ words) KSAT Maryland court rules Democratic-backed redistricting amendment cannot go on November ballot Tim Curry, iconic character actor and 'Rocky Horror Picture Show' star, dies at 80 For over 100 years, travelers have checked into US motel rooms and found the Gideon Bible...
US economy expanded at sluggish 1.5% pace in second quarter, on par with earlier estimate
2+ week, 4+ day ago (193+ words) WASHINGTON – The U.S. economy grew at a sluggish 1.5% pace from April through June. But consumer spending stayed strong. The Commerce Department reported Wednesday that growth in gross domestic product — the nation's output of a goods and services — decelerated from a…...
New economic report shows Texas restaurants struggling with immigration enforcement, insurance costs
2+ week, 5+ day ago (120+ words) KSAT New economic report shows Texas restaurants struggling with immigration enforcement, insurance costs The restaurant industry is struggling, and a new economic report shows just how much. Texas Attorney General Ken Paxton makes campaign stop in Universal City KSAT Q…...
US consumer confidence falls to lowest level in 7 months with gas stuck above $4
2+ week, 5+ day ago (359+ words) WASHINGTON – Americans’ confidence in the economy declined again this month as the ongoing conflict in Iran continued to push U.S. gasoline prices above $4 per gallon. The Conference Board said Tuesday that its consumer confidence index dipped to 89.4 in August…...
US unemployment claims dropped to 206,000 last week with layoffs still sparse
3+ week, 3+ day ago (46+ words) KSAT Trump keeps embracing data centers even as they become toxic in midterm races San Antonio Housing Trust approves 28-month plan to address homelessness in Cattleman Square Triple-digit streak climbing, heat advisories posted...