Category: Business & Economy

The Chapter 313 program was designed to draw business to the state, but critics say it lacks accountability and unduly burdens taxpayers. Tesla and other companies hope to take advantage of the tax incentive ahead of the program’s expiration at the end of the year.

Texas had more houses on the market in July than any time since late 2020 as home sales declined in the state’s major metros. Sellers have had to cut prices to entice buyers.

A concerning survey of 700 US executives reveals that half of them are either actively reducing headcount, or plan to – while 52% have implemented hiring freezes, according to Bloomberg.