Business News - News of Austin

Crumbling skyscrapers looming over streets with flickering streetlights and cracked apartment complex in distance

Vanke Evades Default as China’s Property Crisis Deepens

Fiona Z. Merriweather January 3, 2026

At a Glance Vanke narrowly avoided defaulting on a 2 billion yuan bond last week. Bondholders extended repayment of 3.7 billion yuan debt to...

Worker assembling machinery parts with red lanterns and a golden banner celebrating Lunar New Year on a busy factory floor.

Business News World News

China’s Manufacturing PMI Expands for First Time in Eight Months

Gavin U. Stonebridge January 3, 2026

At a Glance Manufacturing PMI rose to 50.1 in December, first expansion in eight months. High-tech PMI climbed to 52.5, up 2.4 points from the prior...

Toddler lying on small hospital bed with medical equipment window showing Ukrainian flag over Odesa cityscape

Business News Political News World News

Odesa Drone Attack Injures Six; Putin Confident; Secures $4.3B Fund

Morgan J. Carter January 3, 2026

At a Glance Russian drones struck Odesa, injuring six people, including a toddler President Putin remains confident of victory in the war Ukraine's...

Figure holding a briefcase looks down under a dim skyscraper with a faint job market chart and jobless claims headline

Business News Economic News

US Jobless Claims Drop 16,000 as Unemployment Rises to 4.6%

Isaac Y. Thornwell January 3, 2026

At a Glance U.S. jobless claims fell 16,000 to 199,000 for the week ending Dec. 27. Four-week average of claims rose 1,750 to 218,750. Unemployment...

Cluttered desk shows papers and a calculator with a calendar page highlighting Dec 31 and a handwritten tariff promise.

Business News Political News Trade Policy

Trump’s Major Tariff Promises Remain Unfulfilled

Aiden V. Crossfield January 3, 2026

At a Glance Trump's 200% wine tariff threat never materialized. No 100% tariff on foreign films has been imposed. The proposed External Revenue...

DAZN broadcast team operating equipment with fans holding signs and LED lights illuminating packed stadium

Business News Sports News

DAZN to Keep Broadcasting Belgian Soccer Amid Arbitration

Julia N. Fairmont January 3, 2026

At a Glance DAZN will keep broadcasting Belgian soccer until the end of the season after emergency arbitration. The platform had to let its contract...

Patients walking toward a reception desk with Blue Cross Blue Shield and Ascension Texas logos in a calm hospital lobby

Business News Health News

Blue Cross and Ascension Reach Deal to Keep Texas Patients In-Network

Julia N. Fairmont January 3, 2026

At a Glance Blue Cross Blue Shield Texas and Ascension Texas struck a deal to keep many facilities in-network. The agreement avoids a Jan. 1...

Leather‑bound book resting on wooden desk with cigar smoke and warm golden background echoing Warren Buffett legacy

Business News Corporate News

Buffett Steps Down After 6 Decades; Greg Abel Takes the Helm

Brianna Q. Lockwood January 3, 2026

At a Glance Buffett's last day as CEO Wednesday. Greg Abel will lead Berkshire Hathaway; Buffett stays chairman. Buffett shares timeless investment...