Business News - News of Austin

Wegovy pill container glows in glass window with Austin skyline in background and symbolizes medical innovation

FDA Approves First Oral Wegovy Weight-Loss Pill, Set for 2026 Launch

Julia N. Fairmont December 24, 2025

The U.S. Food and Drug Administration has given the green light to Novo Nordisk’s first oral version of its popular Wegovy weight‑loss pill, marking...

Broker standing at desk looking up trade map with customs agents around and a phone screen in background

Business News Industry Update Political News

Customs Brokers Grapple with Trump-Era Tariffs, Facing Chaos and Recognition

Morgan J. Carter December 24, 2025

In 2025, U.S. customs brokers find themselves in the eye of a trade storm, juggling shifting tariffs and an increasingly opaque administration. A...

Crowd of diverse traders celebrating at NYSE dawn with bright sunlight and AI screens

Business News Market News Tech News

2025 Markets: Tariffs, AI Frenzy, and Fed Tension Drive Record Gains

Morgan J. Carter December 24, 2025

S&P 500 index funds returned more than 18% in 2025 through Dec. 11 and set a record high that day, marking the third straight year of strong...

Investors gathering around a screen with champagne flutes and bright ticker in focus

Business News Market News World News

World Markets Mixed as S&P 500 Reaches Record High on Strong US Growth Data

Aiden V. Crossfield December 24, 2025

World shares were mixed on Wednesday after the benchmark S&P 500 closed at another record high, buoyed by a report that the U.S. economy grew at an...

Person reviews paycheck with larger tax section and a relieved smile near blurred receipts.

Business News Finance News

Tax Bracket Adjustments in 2026 Could Mean More Take-Home Pay

Hannah E. Clearwater December 24, 2025

As 2026 approaches, taxpayers may notice a bump in their paychecks even if they don’t receive a formal raise. The change comes from a series of tax...

Flickering lamp casts shadows over carpet in Hotel lobby with

Business News Local News

Grand Gateway Hotel Owner Held Liable for Banning Native Americans

Hannah E. Clearwater December 24, 2025

SIOUX FALLS, S.D. (AP) — A federal jury has found the owner of the Grand Gateway Hotel in Rapid City liable for discriminating against Native...

Crowd gathers around a street performer on San Francisco streets at night with streetlamp and looming substation in backgroun

Business News Local News

PG&E Restores Power to San Francisco After Saturday Substation Fire Leaves 17,000 Customers Without Electricity

Aiden V. Crossfield December 24, 2025

When a fire erupted at a PG&E substation in San Francisco on Saturday afternoon, more than 130,000 homes and businesses lost power, leaving the city...

Jared Kushner standing before an ornate door with Miami skyline visible through glass and palm trees in background.

Business News Political News World News

Jared Kushner Returns to the Diplomatic Front, Teaming Up with Steve Witkoff in Trump’s Foreign Policy Push

Fiona Z. Merriweather December 24, 2025

On the first day of President Donald Trump’s second term, a key player from his first administration quietly stepped back from daily duties to focus...

Electric space heater glowing alone in dusty living room with winter gloom and gray shadows

Business News Consumer News Energy News

Electric Heating Costs Rise 10% Nationwide; Natural Gas Flat Except in Midwest

Hannah E. Clearwater December 24, 2025

Millions of cash‑strapped Americans are about to see their heating bills climb this winter, according to two recent analyses of national energy data....

Crowd raising cocktail glasses with neon lights and wet pavement reflecting a bustling nighttime cityscape

Business News Consumer News

Alaska Leads U.S. in Alcohol Spending per Adult, $1,250 on Average, Study Finds

Brianna Q. Lockwood December 24, 2025

Americans poured a staggering $228 billion into alcohol last year, according to data released by the U.S. Department of Commerce’s Bureau of Economic...