TYLER — It’s deja vu all over again. Tyler used to have a coffee shop in town, Break Time, but it closed a number of years ago. Now there will be another place to enjoy a cup of freshly-brewed java on main street, Deja Brew, which had its grand opening July 22. The new business is ...
WASHINGTON (AP) — The U.S. economy slowed sharply in the April-June quarter even as consumers stepped up their spending. The gross domestic product, the economy's total output of goods and services, grew at a 2.1% annual rate last quarter, down from a 3.1% gain in the first quarter, the Commerce Department estimated Friday. But consumer spending, which drives about 70% of economic activity, accelerated to a sizzling 4.3% growth rate after a lackluster 1.1% annual gain in the January-March quarter, boosted in particular by auto sales. The resurgent strength in household spending was ...
NEW YORK (AP) — U.S. stocks pushed to record heights Friday following strong profit reports from Google’s parent company, Twitter and other big corporations. Companies are nearly midway through earnings reporting season, and results have generally been better than the dismal expectations that analysts had coming into it. A government report on Friday also showed that U.S. economic growth slowed in the spring, but it was still better than economists expected. All the reports are emblematic of an economy that's strengthening but still shadowed by a pile of concerns, which only ...
MARSHALL — The Frankie’s Hot Dogs cart was a big hit Thursday at Marshall Crazy Days. People were lined up to get a hot dog, chips and a soda in-between hunting for bargains. “This is our first event,” said Chad Kisner, who co-owns Frankie’s Hot Dogs with his wife, Sarah ...
BILLINGS, Mont. (AP) — A U.S. appeals court panel sided with the Trump administration Friday in a mining pollution dispute, ruling that state and federal programs already in place ensure that companies take financial responsibility for future cleanups. The ruling came after the administration was sued by environmental groups for dropping an Obama-era proposal that would have forced companies to put up money to show they have resources to clean up pollution. The mining industry has a legacy of bankrupt companies abandoning polluted sites and leaving taxpayers to cover cleanup ...
NEW YORK (AP) — U.S. stocks pulled further back from their records on Friday to cap the weakest week for the S&P 500 since May. Indexes sloshed between small gains and losses for much of the day before turning lower in the afternoon after Iran said it seized a British oil tanker, the latest escalation of tensions between Tehran and the West. Reined-in expectations for how deeply the Federal Reserve will cut interest rates at its next meeting also weighed on stocks. The S&P 500 fell 18.50 points, or 0.6%, to 2,976.61. After setting its record high on Monday, the index see-sawed ...
