Economic News
The New Year and the New Presidency Could Have Major Effects On the Economy
It was a dismal holiday for retailers.
Job Cuts Take A Toll On The Educations Of East Texans
EAST TEXAS—The snapshot of the ailing economy became more apparent last month when almost half a million Americans lost their jobs.
Local retailers making one last holiday push
TYLER - Retailers are making one last massive push in the final days before christmas and they're cranking up the deals.
Low Gas Prices for the Holidays
TYLER - Drivers are getting an early Christmas present: cheap gas prices.
Gas tax could go up 50 percent
TYLER — Gas prices may soon go up a few cents and you can't blame the company for it.
ECONOMY PM
WASHINGTON D. C. - The Federal Reserve Board has lowered a key interest rate to near zero pledged to buy up billions in bonds.
US stocks continue to tumble
WASHINGTON, D. C. - Today the Bush Administration is scouring the balance sheets of General Motors, Chrysler and Ford trying to figure out how the government can help automakers avoid bankruptcy.
Fed expected to cut interest rate
WASHINGTON - The Federal Reserve is expected to cut a key interest rate— possibly to an all-time low.
New Report: Bad Economy Means More Thefts
A new report says, internal thefts at businesses are up and companies are finding their "trusted employees" are the ones who often commit the crimes.
Senate rejects auto bailout
WASHINGTON - Senate rejects emergency $14 billion loan bailout for U.
Bush and Obama push billion dollar bailout.
WASHINGTON, D. C. - President Elect Obama on Thursday urged the Senate to act quickly to bail out the auto industry but that plan is in trouble in the Senate.
U.S. Congressman Louie Gohmert is Pushing For a Tax Holiday
U. S. Congressman Louie Gohmert is pushing for a 2 month tax holiday.
Collect Unemployment or Take Less than Perfect Job?
TYLER - Last month more than half a million jobs were lost in the United States.
Congress angry over financial bailout
WASHINGTON D. C. - In Washington, Congress is losing patience with how the Bush Administration is spending the 700 billion dollar bank bailout.
Gas to dip below $1 in Texas?
TYLER - It's Christmas come early for James Hawkins' wood cutting business set up at the corner of Kinsey and Loop 323 across the street from Fina.
East Texans struggling to pay tickets
TYLER - Precinct Four Justice of the Peace Mitch Shamburger says Smith County judges are seeing an unsettling trend.
