The Odessa
ODESSA, Texas (KMID/KPEJ)- For many people, their wedding day is the biggest day of their life. A gathering of loved ones celebrating a special connection. For the past 29 years, Carol Lopez has been providing the Permian Basin with those special days with Bride Smart. For Lopez,...
By STAN CHOE AP Business Writer NEW YORK The U.S. stock market rose to an all-time high Thursday following the latest sign that inflation is getting less bad. Stocks also got a lift from easing oil prices in their latest yo-yo move. The S&P 500 climbed 0.7% and topped its prior r...
ABILENE On Tuesday, August 18, at 10 a.m., the Texas State Veterans Cemetery at Abilene will conduct an Unaccompanied Veteran Burial for U.S. Navy Veteran Hospital Corpsman Third Class (HM3) Michael Lynn Bishop. Born on April 12, 1947, HM3 Bishop served from July 1966 to April 19...
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON Wholesale inflation dropped last month as gas prices reversed some of their Iran war spike and other costs also cooled, a sign that consumer inflation could grind lower in the months ahead. The Labor Department’s producer pric...
The City of Odessa received its August sales tax check in the amount of $7,650,758. This amount includes the Economic Development sales tax of one quarter cent. According to a City of Odessa news release, the city will receive $6,120,606.40 and the Odessa Development Corporation ...
By STAN CHOE AP Business Writer NEW YORK Wall Street finished just shy of a record Wednesday after several AI stocks reported better growth for the spring than analysts expected, while a report showed inflation across the United States was slightly less bad last month. The S&P 50...
Following a supplier-initiated recall by Ron’s Home Style Foods, Albertsons Companies has voluntarily recalled 59 store-made items due to possible salmonella contamination. The affected products contain Pico De Gallo made with jalapeños that were recalled in association with the ...
News Release from Albertsons Companies and The United Family Albertsons Companies Voluntarily Recalls 59 Store-Made Items Containing Pico de Gallo Made with Recalled Jalapeños Following a Supplier Recall Due to Possible Salmonella Contamination Following a supplier-initiated reca...
By STAN CHOE AP Business Writer NEW YORK U.S. stocks slipped a bit further from their records Tuesday, while oil prices kept swinging on uncertainty about when the war with Iran will allow crude to flow freely again. The S&P 500 fell 0.3% for a second modest drop since setting it...
PECOS COUNTY (KMID/KPEJ) - Customers travel from near and far to pick up these famous West Texas melons, the combination of the returning customers and loyal workers is a big reason why the company is thriving. The hot, dry Pecos County climate plays a major role in helping these...
NEW YORK (AP) — The president's media company has tried its hand at a half-dozen new lines of business to lift its stock, but nothing has worked. Now it's getting back to its roots. In a conference call with investors Monday, the company behind Truth Social said it will be unwind...
MIDLAND, Texas (KOSA) - Midland County is moving forward with a major drainage project aimed at reducing flooding in west Midland County. The plan would move stormwater away from homes, businesses, and roads in an area that has seen repeated drainage problems during heavy rain. T...
By STAN CHOE AP Business Writer NEW YORK The U.S. stock market edged down from its all-time high on Monday, while oil prices rose on uncertainty about when the Strait of Hormuz could reopen and get the global flow of crude going again. The S&P 500 slipped 0.1% from its record set...
By MICHELLE CHAPMAN AP Business Writer Taylor Fresh Foods, parent company of Taylor Farms, is voluntarily recalling some products that include jalapeños because of worries about a possible salmonella contamination. The announcement comes a few weeks after Taylor Farms voluntarily...
We are accustomed to Texas topping virtually every ranking relating to the economy — most major corporate locations and expansions, top CEO perceptions, highest investment, and many others. By one measure, however, the results are more of a mixed bag. The list of top states for b...
NEW YORK (AP) — Reports on inflation and retail sales are the central updates for Wall Street this week. The reports help give investors and economists a better sense of where prices are moving on a wide range of goods and services, while also providing a clearer picture on the i...
By DAMIAN J. TROISE AP Business Writer NEW YORK Stocks rose on Wall Street Friday and Treasury yields fell after the government reported that employers unexpectedly cut 23,000 jobs last month. Every major index notched a second straight week of gains, which included several fresh...
More than 50 bodies were found improperly stored and decomposing Thursday at a Chicago funeral home run by a couple who previously operated a crematory that was similarly shut down because of mishandled remains, authorities said. Illinois state officials, meanwhile, suspended the...
By PAUL WISEMAN AP Economics Writer WASHINGTON U.S. employers unexpectedly cut 23,000 jobs last month, and Labor Department revisions shaved 103,000 jobs off payrolls in May and June. The unemployment rate dipped to 4.1% only because Americans left the job market. The June jobs n...
ODESSA, Texas (KOSA) - Many residents across the Permian Basin rely on well water for their homes and businesses, but experts warn that clear water does not always mean clean water. The Texas A&M AgriLife Extension Service hosted its annual “Water Matters” conference at the Ector...
By DAMIAN J. TROISE AP Business Writer NEW YORK Stocks edged further away from their recent records on Thursday as Wall Street faced pressure from rising oil prices and mixed company earnings. Wall Street opened the week soaring higher and notching records, but has calmed over th...
By DEE-ANN DURBIN AP Business Writer WK Kellogg said Thursday that it will remove artificial colors from all its cereals by the end of this year. The change comes a year ahead of schedule. Kellogg said last August that it would remove synthetic dyes from its cereals by the end of...
By CATHY BUSSEWITZ The Associated Press NEW YORK The matching blazer and pants Dani McEwen wore to a job interview at an insurance company felt like a smart choice, until she noticed most of the employees had on T-shirts and jeans. “The first thing that went through my mind was t...
Attorney General Ken Paxton, the Republican nominee for U.S. Senate, speaks at his “Rally in the Valley” at University Draft House in McAllen on July 14, 2026. Credit: Aiden Gonzalez/The Texas Tribune By Gabby Birenbaum, The Texas Tribune WASHINGTON Attorney General Ken Paxton la...
By DAMIAN J. TROISE AP Business Writer NEW YORK Stocks meandered to a mixed finish on Wall Street Wednesday and remained close to their records, while oil prices held steady. The uncertain trading on Wall Street followed two days of big gains that gave the week and August a stron...
Talker News | Talker A third of Americans say they’re cooking at home much more than they did a year ago (31%), and squeezed budgets are the culprit. A survey of 2,000 Americans found that higher grocery prices and increased home cooking are reshaping grocery shopping habits, wit...
Texas Tech University Health Sciences Center (TTUHSC) and Texas Tech Physicians (TTP) announced they have reached an agreement with UnitedHealthcare (UHC) Insurance Company. There will be no lapse in participation under the commercial and Medicare Advantage participation agreemen...
By STAN CHOE AP Business Writer NEW YORK The U.S. stock market rallied to records on Tuesday as profits kept piling up for companies and as oil prices eased. The S&P 500 shot up 1.8%, and the main measure of Wall Street’s health topped its prior all-time high set a couple months ...
By BERNARD CONDON AP Business Writer NEW YORK SpaceX reported it lost more than half a billion dollars in its first quarterly report as a public company, but the loss was less than Wall Street expected and revenue soared. The company run by Elon Musk reported a loss of $541 milli...
By WYATTE GRANTHAM-PHILIPS AP Business Writer CHICAGO Chipotle Mexican Grill said Tuesday that it had removed jalapeños from some of its restaurants after determining the peppers could potentially be tied to a salmonella outbreak public health officials are investigating. In a br...
NEW YORK (AP) — Investors in Elon Musk's space company get a chance to question him Tuesday after SpaceX issues its first quarterly earnings since going public. SpaceX shares are down by half from their June peak as investors worry Musk may have oversold them on its future prospe...
ODESSA, Texas (KOSA) - Data centers could be coming to Odessa, but community leaders want to make sure they’re a good fit. The Odessa Chamber of Commerce is in talks with data center companies interested in developing in the area. Tom Manskey, director of economic development, sa...
ODESSA, Texas (KOSA) - A family-owned bakery and restaurant in Odessa is approaching its two-year anniversary in September, but rising product costs tied to tariffs and inflation have forced the owner to make adjustments to stay in business. Daniel Morales, owner of Masa Bakery, ...
By STAN CHOE AP Business Writer NEW YORK The U.S. stock market rallied to the edge of its all-time high on Monday after easing oil prices helped calm Wall Street’s worries that inflation could get even worse. The S&P 500 jumped 1.5% and is just 0.1% below its record set earlier t...
The state of Texas has one of the largest economies in the world. In fact, if it were a country it would rank as the eighth-richest in the world. Its gross domestic product, perhaps he most popular measure of economic activity, tops $2.9 trillion, placing it ahead of most countri...
TWIN FALLS, Idaho (AP) — An employee was among three people killed in a shooting at an In-N-Out Burger restaurant in southern Idaho, the fast-food chain’s owner said. “My heart is broken, my chest is heavy, my eyes burn from the tears I've shed. We lost one of our beautiful Assoc...
ISLAMABAD (AP) — Renowned British-Nepali climber Nirmal Purja and nine other climbers swept away by an avalanche in Pakistan are confirmed to have died, and search teams are trying to recover their bodies, Purja's expedition company said Saturday. “The world has lost one of mount...
TOKYO (AP) — Authorities ended a massive dayslong search-and-rescue operation Saturday at a collapsed shopping mall in southwest Japan following a powerful earthquake that killed 34 people earlier this week. The magnitude 7.1 earthquake hit Kumamoto Prefecture on Japan’s southern...
MIDLAND, Texas (KOSA) - AST SpaceMobile’s expansion project is expected to bring more than 1,000 new jobs to Midland, including positions in assembly, touch labor and engineering. The company’s new 400,000-square-foot production facility is set to begin construction in approximat...
By STAN CHOE AP Business Writer NEW YORK U.S. stocks rose Friday to finish a wild July for Wall Street as Amazon leaped, Apple sank and rising oil prices worsened worries about inflation staying high. The S&P 500 climbed 0.7% after veering between gains and losses through the day...
The World Trade International Bridge between Texas and Mexico on April 9, 2026. Credit: Monse Guajardo for The Texas Tribune By Andrew Schneider, Houston Public Media, The Texas Tribune It’s hard to overstate just how much Texas has riding on a successful renegotiation of the Uni...
By CATHY BUSSEWITZ AP Business Writer NEW YORK American oil and gas giants raked in massive spring profits while fighting between Iran and the U.S. impeded petroleum shipments and consumers around the world paid more for fuel and confronted shortages. The conflict, now in its six...
By John Stossel I’ve failed! I make the case for free markets … young people elect socialists! What are they thinking? Do they even think? Do they pay any attention to history? Or economics? Socialism always fails. Only markets create environments that let people prosper. “Gettin...
By STAN CHOE AP Business Writer NEW YORK A monster day for Microsoft’s stock following signals that its big spending on AI is translating into profits led a powerful rebound on Wall Street Thursday, while computer-chip companies regained some of their sharp recent losses. In the ...
By ALEX VEIGA AP Business Writer The average long-term U.S. mortgage rate rose for the fourth consecutive week to its highest level in a year, another setback for prospective homebuyers hoping for a break from elevated home loan borrowing costs. The benchmark 30-year fixed rate m...
Individual packages of THC-A flower are seen in a display case at a smoke shop in Austin on May 13, 2026. Credit: Kaylee Greenlee for The Texas Tribune By Katlyn Ma, The Texas Tribune Texans’ access to a variety of hemp-derived THC products will significantly narrow on Friday. Te...
By DEE-ANN DURBIN AP Business Writer It’s been a choppy year for restaurants that lean into lettuce. Lettuce prices rose sharply in the first half of 2026 due to hot weather in Arizona, where about one-third of America’s lettuce is grown. Now, restaurants are dealing with the fal...
By PAUL WISEMAN AP Economics Writer WASHINGTON The U.S. economy expanded at a sluggish 1.5% pace from April through June as rising imports weighed on growth. But consumer spending rose. And the Federal Reserve’s favored measure of inflation grew more slowly last month, but remain...
By STAN CHOE AP Business Writer NEW YORK Oil prices got back to jumping on Wednesday, while sinking technology stocks dragged Wall Street lower amid uncertainty about what the Federal Reserve will do to get high inflation under control. The S&P 500 fell 1.5% after swinging sharpl...
By Emily Foxhall, The Texas Tribune Kerr County residents are cleaning out homes and businesses this month after the second devastating flood in as many years — but this time, some nonprofits and community leaders say they’re facing more destruction with less financial assistance...
KYIV, Ukraine (AP) — Ukrainian forces hit two of Russia’s biggest oil refineries overnight in its latest long-range strikes, officials said, as Kyiv deepened its economic, military and diplomatic pressure on Moscow. Ukraine’s almost daily long-range drone and missile strikes usin...
MONAHANS, Texas (KOSA) - Eastbound Interstate 20 traffic is being diverted at Mile Marker 76 near the West Interchange in Monahans. Motorists are being directed onto Business I-20 through Monahans and can re-enter I-20 at the East Interchange. Drivers should expect delays, use ca...
Local video game stores in the Permian Basin are seeing a shift in clientele and product demand as more and more games are sold digitally. This comes after Sony, the Japanese tech company behind the PlayStation line of game consoles, announced via their blog the company would no ...
ODESSA, Texas (KOSA) - On Friday, President Trump announced new tariffs on 60 countries. The tariff policy creates uncertainty for businesses large and small, but that is just one part of the struggle for small businesses. An Odessa chocolate shop owner says he got a refund after...
What’s for dinner? Lately, at Apral Jack’s house, it’s whatever is on sale. Jack, 50, scouts an app for deals at her local supermarket before she buys groceries. When she reaches the store, she looks in the weekly circular for coupons she might have missed. If shelf prices look t...
ODESSA, Texas (KOSA) - Maribea says the price of cacao beans has increased by as much as $10 compared to previous prices, with global instability and ongoing supply concerns driving up the cost of one of the business’s most important ingredients. Sourcing from multiple regions De...
MIDLAND, Texas (KMID/KPEJ)- This Thursday, Permian Basin Hiring Events hosted a hiring event with a multitude of companies and even more candidates. These events happen monthly with extremely strong turnouts on both sides. The event is a strong way for local businesses to put a f...
ODESSA, Texas (KOSA) - A jury in the 358th District Court found a man guilty of theft, following a trial stemming from an August 2024 incident at a convenience store in Odessa. According to Ector County District Attorney, Michael Gilmore was sentenced to 180 days in the Ector Cou...
MCALLEN, Texas (ValleyCentral) — For the first time, a sitting secretary of the U.S. Department of Commerce visited the Rio Grande Valley. Howard Lutnick was in McAllen on Monday to announce a $6 million grant from the Economic Development Administration (EDA). “You guys have the...
