Business News - News of Austin

Abandoned electric vehicle charging station standing with moss-covered metal poles and a protest sign reading Justice for EV

States Sue Trump Administration Over $2B in EV Charging Funds

Isaac Y. Thornwell December 23, 2025

In a move that could reshape the U.S. electric‑vehicle landscape, sixteen states and the District of Columbia have filed a federal lawsuit against...

Shoppers stroll along holiday‑lit promenade with twinkling lights and colorful storefronts

Business News Consumer News Local News

Barton Creek Square Launches Simon+ Rewards Program for Holiday Shoppers

Isaac Y. Thornwell December 23, 2025

This holiday season, Barton Creek Square is rolling out a new rewards program that lets shoppers earn cash back, points and perks both in‑store and...

For Sale by Owner sign displays listing with wooden rocking chair and warm sunset glow.

Business News Local News

Austin’s Housing Market Sees Sharp Decline: Zillow and ABoR Report Falling Home Values

Isaac Y. Thornwell December 23, 2025

Austin’s housing market sees a sharp decline: Zillow reports a 6.6% drop in average home value to $490,209, the steepest month‑to‑month decline among...

Person sits at desk studying laptop with Texas map and background cityscape showing tax dollars for civic engagement.

Business News Government News Local News

Texas Launches New Database to Track Local Bond Spending and Tax Rates

Julia N. Fairmont December 23, 2025

Texas has just launched a new tool that lets voters see exactly how their tax dollars are spent on local projects. What the Database Offers The...

Business News Entertainment News Tech News

Oscars to Move to YouTube in 2029, Ending 68-Year ABC Run

Aiden V. Crossfield December 23, 2025

In a seismic shift for one of television’s marquee events, the Academy Awards will depart ABC and begin streaming on YouTube beginning in 2029, the...

Tanker ship unloading oil barrels onto truck with sunset sky and looming oil rig

Business News Market News

Oil Prices Drop to Lowest Since 2021 as WTI Slips to $55 a Barrel

Isaac Y. Thornwell December 23, 2025

Oil prices on Tuesday fell to their lowest level since early 2021, with U.S. benchmark West Texas Intermediate trading at about $55 per...

Mail sorting machine moves parcels with USPS truck beside a modern commercial building.

Business News Government News Industry Update

USPS Opens Last-Mile Delivery to All Shippers in Bid for New Revenue

Julia N. Fairmont December 23, 2025

The U.S. Postal Service announced Wednesday that it will open its most expensive delivery segment—last‑mile—to shippers of all sizes, a move that...

Oil wellhead standing tall with sunset glow over desert rocks and ledgers on a worn table

Business News Local News Political News

New Mexico Faces $1.7 Billion Revenue Loss as Federal Royalty Rate Drops

Brianna Q. Lockwood December 23, 2025

A federal law signed by President Donald Trump in July has lowered the minimum royalty rate for oil and gas drilling on public lands from 16.7% to...

Tesla Model S parked with a note on its passenger seat about self-driving claims and autopilot and a blue glow

Business News Tech News

California Regulators Threaten Tesla Sales Suspension Over Self-Driving Marketing Claims

Fiona Z. Merriweather December 23, 2025

California regulators have warned that Tesla’s California sales license could be suspended early next year unless the automaker revises its marketing...

Business News Corporate News Entertainment

Warner Sharesholders Urged to Reject Paramount’s $77.9B Offer in Favor of Netflix’s $72B Bid

Hannah E. Clearwater December 23, 2025

Warner Bros. Discovery shareholders are being asked to reject Paramount Skydance’s $77.9 B all‑cash bid in favor of a $72 B cash‑and‑stock offer from...