US new home sales drop to lowest level in 2 years

New single-family home purchases tumbled 8.1% to a seasonally adjusted annual rate of 590,000 units, the lowest level since April 2020.

New temp-service expanding into Houston, offering to make gig economy more secure for workers

One of the most significant changes to the job market, since the start of the pandemic, has been the massive growth in gig work. Whether by necessity, or convenience, temporary and freelance jobs have become very popular.

Enjoy Life expands recall of baked goods and snacks due to potential plastic pieces

Enjoy Life Natural Brands, sold in many major U.S. grocery stores, has expanded its recall of certain soft-baked cookies, chewy bars, and brownie bites due to potential plastic pieces.

IRS working to increase audit rates for high-earning Americans

The IRS announced it will begin increasing audit rates for high-earning Americans making more than $100,000 a year.

Houston housing markets cooling down despite inflation
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FOX 26 Consumer Reporter Heather Sullivan has some smart sense about why the Houston housing market is cooling down.

Fed set to impose another big rate hike to fight inflation

Federal Reserve Chairman Jerome Powell Wednesday will address the Fed's plans to raise interest rates until inflation falls, even if it possibly slows economic growth.

Tow truck drivers upset about Harris County contract

Nearly two dozen tow truck drivers from Harris County showed up to Commissioner's Court complaining about Autroreturn - a company based out of San Francisco that manages towing jobs with local law enforcement.

Interest rates expected to go up again next week
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FOX 26 Consumer Reporter Heather Sullivan has some smart sense on what you should do before the possible announcement next week.

FCC orders phone companies to block auto warranty robocalls

The group behind the "car warranty" robocalls has been conducting its operation since 2018, the FCC said, making over 8 billion calls.