Category Archives: Business & Economy

Governor Abbott Expands Business Openings In Texas

Gov Greg Abbott

Governor Greg Abbott today held a press conference where announced that he will be issuing an Executive Order to expand openings of certain businesses and activities. The Governor also announced new guidance from the Texas Education Agency (TEA) on graduation ceremonies and the creation of Surge Response Teams to combat any COVID-19 flare ups in Texas. 

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CARES Act Loans Explained [VIDEO]

cARES act

Matthew Wehring with the Small Business Development Center at Blinn College and Tammy Hall from The Sealy Chamber of Commerce joined us in the Austin County News Online studio to talk about the application process for both the EIDL and the PPP Loans to help small businesses survive during COVID-19, as well as answer questions that were sent in by the community.

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Who Bought The $1.3 Trillion In Debt The US Government Added In 2019?

Who Bought The $1.3 Trillion In Debt The US Government Added In 2019?

The US Gross National Debt spiked by $1.3 trillion over the past 12 months, to $23.3 trillion. These days, trillions fly by so fast it’s hard to see them. This debt exists in the form of Treasury securities, and each of these securities was bought by some entity in the US or in some other country. So, who owns all this debt? Let’s see…

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FICO Changes To Dramatically Affect Credit Scores In Effort To Reduce Defaults

FICO Changes To Dramatically Affect Credit Scores In Effort To Reduce Defaults

Fair Isaac, the company behind FICO credit scores, announced the rollout of a new scoring method that will dramatically shift credit scores for millions of Americans in either direction. The changes come as consumers are accumulating record levels of debt that has worried some economists but has shown no sign of slowing amid a strong economy.

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