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Economic Development
Incentives, investment and growth plans.
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Latest in Economic Development
Developers close on major Houston-area mixed-use project
14+ hour, 7+ min ago (431+ words) Developers officially closed on a 120-acre site in a fast-growing suburb south of Houston, set to become a sprawling live-work-play hub. Planned Community Developers (PCD) plans to turn the 120-acre site at Highway 288 and Beltway 8 in Pearland into The Orchard…...
Sprawling Texas ranch headed for a 3,800-home transformation
20+ hour, 48+ min ago (369+ words) A Google Maps view shows Old Weatherford Road near the proposed Brown Ranch development in far west Fort Worth. Developers purchased nearly 1,500 acres in the region for a 3,800-home development. A recent sale puts another sprawling Texas ranch on track…...
OECD forecasts a sharp economic slowdown and higher inflation in the U.S., citing tariffs
4+ day, 1+ hour ago (360+ words) June 3, 2025 / 8:32 AM EDT / CBS News U.S. economic growth is likely to hit the brakes this year, with GDP dramatically slowing due to the impact of the Trump administration's tariffs and uncertainty around its economic policies, the Organization for Economic Cooperation and…...
Starbucks strike expands to more cities over the weekend, just days before Christmas
4+ day, 4+ hour ago (839+ words) Updated on: December 23, 2024 / 12:45 PM EST / CBS/AP Starbucks workers' strikes expanded on Saturday to include stores in Denver; Philadelphia; Pittsburgh and Columbus, Ohio, Union leaders said. Starbucks Workers United, the union that has organized workers at 535 company-owned U.S. stores since 2021, launched…...
Tax season is here — don't fall for these common scams
4+ day, 11+ hour ago (346+ words) January 28, 2026 / 10:44 AM EST / CBS News With the IRS now accepting people's tax returns for 2025, a federal watchdog is warning Americans to beware of so-called phishing and smishing scams designed to trick people into unwittingly handing over their personal information. The…...
The federal government is heading toward a shutdown. Here's what economists say would be the impact.
4+ day, 11+ hour ago (886+ words) Updated on: September 29, 2025 / 9:12 AM EDT / CBS News A government shutdown could begin on Wednesday, halting pay for hundreds of thousands of federal workers and delaying services, as lawmakers remain deadlocked over funding past Sept. 30. The financial impact of a shutdown…...
Americans are paying 62% more for water than a decade ago. Here's where costs have risen the most.
4+ day, 12+ hour ago (375+ words) October 7, 2026 / 11:07 AM EDT / CBS News Americans aren't only paying more for food amid stubbornly high inflation — the cost of washing it down has also surged. Water costs have shot up across the U.S., with a new study by the nonprofit…...
Generosity Crisis
1+ week, 2+ day ago (157+ words) Why Feeling Busy Doesn’t Have to Be a Barrier Bauer College Associate Professor of Marketing and Entrepreneurship, Melanie Rudd, shares reasons why it might feel like we have no time to give back. “Between work, family, errands, and all else…...
Texas seniors are getting a huge property tax break. Everyone else is picking up the tab.
1+ week, 4+ day ago (1696+ words) These days, property taxes are just about the only thing Jane Lindsley is saving money on. For the 72-year-old, the cost of everything — from gas and groceries to homeowners insurance and healthcare — have gone up. So it was a welcome…...
Texas oil, gas production increases slightly in third quarter as Iran War uncertainty remains
1+ week, 4+ day ago (390+ words) Survey respondents said it’s hard to make long term plans as oil prices continue to fluctuate. Texas oil and gas companies reported increased activity in the third quarter but remain uncertain about the impacts of the Iran War, according to…...