WASHINGTON (AP) — The Federal Reserve extended its fight against high inflation by raising its key interest rate a quarter-point, its eighth hike since March. And the Fed signaled that even though inflation is easing, it remains high enough to require further rate hikes. At the same time, Chair Jerome Powell said at a news … Read more
Several businesses forced to shutdown due to weather conditions The wintry weather forced the shutdown of several business throughout San Antonio. From car dealerships to restaurants, many businesses had to make the difficult choice of closing their doors for safety. Among them, owner and chef Elizabeth Johnson of Pharm Table decided the night before that … Read more
SAN FRANCISCO (AP) — Facebook parent company Meta posted lower fourth-quarter profit and revenue on Wednesday, hurt by a downturn in the online advertising market and competition from rivals such as TikTok. But the company’s stock soared in extended trading, as its revenue beat Wall Street’s muted expectations and the Menlo Park, California-based company announced … Read more
Will your store be closing early?
H-E-B announced in a press release that the Bulverde H-E-B Plus! at 20725 Hwy 46 W., Spring Branch, TX 78070 – which was originally set to reopen on Wednesday morning, February 1 – will be closed until further notice due to a power outage. MySA confirmed that the Bulverde and 1604 H-E-B at 17238 Bulverde … Read more
SAN ANTONIO – Widespread power outages, reportedly brought on by icy conditions, caused thousands of people across the region to start their day in the dark Wednesday. At one point in the early morning hours, a CPS Energy power outage map was showing about 40,000 power outages across the area. A post on CPS Energy’s … Read more
FedEx, Rivian Automotive, and DraftKings have joined a growing list of U.S. corporations announcing job cuts. FedEx sent an announcement to employees Wednesday informing them that the package delivery company is reducing the size of its officer and director team by more than 10% and consolidating some teams and functions. “Unfortunately, this was a necessary … Read more