4:28 PM Dec 22, 2020 CST

Here's what small businesses should know about the second round of the Paycheck Protection Program

A second round of the Paycheck Protection Program has been approved by Congress and aims to continue distributing financial relief to small businesses. Here is everything you need to know about the second round of the loan program.


Texas Gov. Greg Abbott addresses COVID-19 vaccine, economic effects

The governor explained what Texas has learned from the pandemic and how that will affect legislative priorities.


Army Futures Command wants problems for soldiers to be solved at Texas university campuses

A new $130 million combat development complex in at Texas A&M’s campus in Bryan will break ground Oct. 12



Texas shoppers to save millions during tax-free weekend, Aug. 9-11

Editor's note: This post has been updated to clarify the 8.25% sales tax charge refers to the state and local charges.


City of Austin, Travis County prepare for property tax revenue cap

In June, Texas Gov. Greg Abbott signed into law a bill that will limit local governments from raising their property tax revenue more than 3.5% year-over-year—excluding new construction and debt obligations—without triggering an election.


Facing revenue caps, majority of Austin City Council members support re-evaluating active corporate tax breaks worth millions

As the revenue caps handed down by the Texas Legislature shape the future reality of Austin, City Council is weighing its options for backing out of active multimillion-dollar tax breaks given to developers and companies in economic development deals.


'State of Downtown' report highlights decade’s development boom but shows depletion of creative industry

Downtown Austin is thriving as the region’s economic engine, boasting real estate and job markets that have continued to flourish since the city moved out of the recession nearly a decade ago, according to a report released April 30.



Texas shoppers pay no sales tax on emergency preparedness supplies this weekend, April 27-29

As hurricane season approaches in Texas, state Comptroller Glenn Hegar announced a statewide sales tax holiday this weekend, April 27-29, on emergency preparedness supplies.


Austin metro has sixth-highest concentration of STEM jobs in U.S., report says

Sitting behind metros such as San Francisco, Seattle and San Jose, and ahead of Denver and Boston, the Austin-Round Rock Metropolitan Statistical Area has the sixth-highest concentration of science, technology, engineering and math, or STEM, jobs in the country, according to new data from the U.S. Bureau of Labor Statistics.


Report shows charitable giving increased in 2018 among Central Texas businesses

Nearly 75% of Central Texas businesses supported local nonprofits in 2018.


Report: Austin’s economic growth is leaving black and Latino communities behind

New research from a Washington, D.C.-based nonprofit shows Austin’s growing economy has also led to a widening of the wealth gap between white residents and people of color in Austin.



Tech is king at South by Southwest, and the event's growth is mirroring Austin's economy

Editor's note: This story has been updated to reflect a new opening date estimate for the East Austin Hotel.


Economist: Austin projected to sustain strong economy and job growth into 2019

Austin is on track to sustain its “exceptionally strong” economy and job-growth rate despite projections of slowed GDP growth nationally, said Sarah House, a senior economist for Wells Fargo who presented at the Greater Austin Chamber of Commerce’s annual economic outlook event Dec. 6.


Austin weighs $1.5 million Democracy Dollars voucher program

The city of Austin is considering a Democracy Dollars program that would provide eligible residents up to four $25 vouchers each election cycle, according to a May 7 report to City Council by the Charter Review Commission.


DATA: How much is Austin's median homeowner paying in property taxes?

As the median value of a home in Austin continues to sharply rise, so too do property tax bills within the city.



City of Austin will appeal injunction delaying implementation of paid sick leave policy

The city of Austin plans to appeal a temporary injunction blocking its paid sick leave policy. According to a spokesperson, the city expects to file the appeal by the end of the day.


H-E-B signs lease for 81,000-square foot office in East Austin

Statewide grocery store chain H-E-B will locate its Austin-based digital employees in a renovated industrial warehouse in East Austin.


Army Futures Command officially begins operations in Austin after activation ceremony

In July, the U.S. Army announced it would bring its Army Futures Command to Austin–using the educational and innovative resources present in the Texas capital city to help the Army bring modernized weapons to its forces.


DATA: Austin solidifies spot among top 10 tech cities in North America, report indicates

Austin may be cementing its place among North America’s top tech cities, according to new research from commercial real estate firm CBRE.



Questions linger from Austin City Council over proposed terms for MLS stadium

Austin City Council members raised questions Wednesday afternoon over transportation, the termination clause and actual costs to the city in their ongoing discussion  whether to allow a Major League Soccer stadium to be constructed on city-owned land.


HomeAway continues to grow its presence in Austin, add jobs

On Tuesday, vacation rental company HomeAway announced the opening of its latest office in the Austin market.


Following Texas Supreme Court ruling, Austin area retailers grapple with plastic bag policy

In June, the Texas Supreme Court ruled that a single-use plastic bag ban in Laredo, Texas, violated a state law regulating solid waste disposal. In response, the city of Austin announced that it would no longer enforce its own single-use plastic bag ban, raising questions about how retailers would respond.


Army chooses Austin for new Futures Command HQ

WASHINGTON (AP) - U.S. officials say Army leaders will announce on Friday that they've chosen Austin, Texas, as the location for a new command headquarters that will focus on how to modernize the service and prepare for future wars.