Originally Published: 23 DEC 25 08:33 ET Updated: 23 DEC 25 09:05 ET By Elisabeth Buchwald, CNN (CNN) — An initial reading of third-quarter gross domestic product showed the US economy expanded at an inflation-adjusted annualized rate of 4.3%, a far faster pace than the 3.8% recorded in the second quarter, according to Commerce Department
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Originally Published: 18 DEC 25 08:33 ET By Alicia Wallace, CNN (CNN) — Inflation slowed in November, a welcome change for Americans weighed down by the persistently high cost of living. The Consumer Price Index measured 2.7% from a year earlier, after hitting 3% in September, according to Bureau of Labor Statistics data released Thursday.
Continue ReadingOriginally Published: 16 DEC 25 05:00 ET Updated: 16 DEC 25 08:38 ET By Alicia Wallace, CNN (CNN) — Unemployment rose to a four-year high of 4.6% in November and the economy added 64,000 jobs, new data from the Bureau of Labor Statistics showed Tuesday. Last month’s job total comes after a 105,000-job loss in
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CIUDAD JUÁREZ, Chihuahua (KVIA) — Mexican farmers and agricultural workers south of the border protested across the country and in Chihuahua against the proposed new National Water Law, which will ultimately take water away from the courtside and reassign it for discretionary use. They argued that it threatens their livelihoods and the work they do
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EL PASO, Texas (KVIA)— Nov. 29 is small business Saturday, tradition which started in 2010 by American Express and was officially sponsored by the Small Business Association in 2011. The annual day is placed in between Black Friday and Cyber Monday to give shoppers a chance to shop local during the holiday season. According to the
Continue Reading EL PASO, Texas (KVIA)— Dozens of local stores are preparing for a rush of customers this Christmas season, including DOC’s Unique Collectibles. Business advocates encourage holiday shoppers to shop local and support locally owned businesses. DOC’s Unique Collectibles is described as a collector’s dream shop, with thousands of items available. It specializes in high-end products,
Continue ReadingOriginally Published: 20 NOV 25 05:00 ET Updated: 20 NOV 25 09:09 ET By Alicia Wallace, CNN (CNN) — A long-awaited jobs report offered a mixed picture of the US labor market. The economy added 119,000 jobs in September, an unexpected rebound for the labor market — but it comes as the overall economy shows
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EL PASO, Texas (KVIA)— Ahead of the Christmas shopping season, Borderland financial experts are providing advice to stay within your budget and avoid a financial nightmare. According to the National Retail Federation, this year, consumers will spend on average $890.49 on food, decorations, holiday gifts, and other seasonal items. The association found that $627.93 will
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EL PASO, Texas (KVIA) — City of El Paso officials say warehouse development continues to expand, particularly on the East Side, driven by border trade and manufacturing. Roberto Tinajero, Director of International Bridges, and Karina Brasgala, Director of International and Economic Development, joined ABC-7’s noon newscast to discuss El Paso’s continued growth and expanding warehouse
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EL PASO, Texas (KVIA) — The Armed Services YMCA of El Paso is partnering with Feed the Children and Teleperformance Group to support military and local families affected by the government shutdown. The community distribution event will take place Thursday, Nov. 6, from 10 a.m. to noon at the Junior Enlisted Family Center, 2004 Sheridan
Continue ReadingOriginally Published: 24 OCT 25 08:34 ET Updated: 24 OCT 25 09:01 ET By Alicia Wallace, CNN (CNN) — The cost of living got even more expensive for Americans last month, with prices rising at the fastest pace since the start of the year. Consumer prices rose 0.3% in September, which drove the annual rate
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EL PASO, Texas (KVIA) — City-owned ports of entry, such as Ysleta-Zaragoza, Stanton, and the Paso Del Norte bridges, continue to undergo improvements and planning for future expansions. ABC-7 reported on Tuesday that the El Paso City Council approved a $5 million investment for a feasibility study at the Zaragoza Bridge to expand commercial traffic
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SANTA TERESA, New Mexico (KVIA) — U.S. Senator Ben Ray Luján (D-N.M.) announced last Friday the passage of the International Bridge and Port of Entry Modernization Act, which will speed up the presidential permitting process for all international bridges and land ports of entry, according to a news release. Ports of entry and international bridges
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EL PASO, Texas (KVIA) — The government shutdown has been ongoing for 10 days now, and local businesses near Fort Bliss report that customer flow and services are changing, with fewer people going out to pay for services. Pumping Ink and Dreadful Things tattoo shops in Northeast El Paso have experienced fewer clients during this
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JUÁREZ, Chihuahua (KVIA) — A new round of sweeping tariffs was announced by President Trump last week, aimed at enforcing “National Security purposes,” something borderland business and industry leaders say will not only raise prices, but also economic uncertainty as well. ABC-7 spoke with the national vice president of the Mexican Cargo Transportation Chamber (CANACAR),
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EL PASO, Texas (KVIA) — President Trump announced last week a new round of sweeping tariffs, including 25% on all heavy-duty trucks and 30% on furniture imported into the U.S. All trucks not manufactured in the U.S. will be subject to a 25% tariff once imported into the country. “In order to protect our Great
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JUÁREZ, Chihuahua (KVIA) — The Mexican National Association of Importers and Exporters (ANIERM) in Juárez reports that the Transformation Sector (manufacturing side) continues its downward trend of job losses, with 834 eliminated in August alone. According to the Mexican Social Security Institute (IMSS), Ciudad Juárez lost 155 jobs last month, dropping from 488,368 in July
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EL PASO, Texas (KVIA) — The FBI El Paso Field Office will host a public recruitment event Friday, Sept. 5, at the University of Texas at El Paso to encourage community members to explore careers with the bureau. Officials say attendees will be able to speak with special agents, intelligence analysts, linguists, IT staff and
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JUÁREZ, Chihuahua (KVIA) — The Juárez Food Bank has been operating south of the city for several years now, under Mexico’s Food Bank network and funded by several private groups, along with local and Chihuahua state government departments. The Food Bank is located south of the city on Av. Miguel de la Madrid 8715, 32696.
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TEQUILA, JALISCO (MEXICO) — Recent negotiations between U.S. President Donald Trump and Mexican President Claudia Sheinbaum resulted in a 90-day extension for the existing 25% tariffs already in for exports to the US. After that period, the tariffs are expected to go up to 30%. One of Mexico’s most beloved exports, tequila, will not be immune
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EL PASO, Texas (KVIA) — The City of El Paso held a special session today, during which the mayor, council members, and city staff proposed reducing the property tax rate for Fiscal Year 2026. Lowering the tax rate doesn’t mean El Pasoans will pay less in taxes, because property taxes have continued to rise. The
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EL PASO, Texas (KVIA)– El Paso is the only stop in Texas for Coldplay’s “Music of the sphere world tour”. The band has the most tour tickets sold, as of June 2025, which sold over 10.9 million tickets sold world wide. “We’re going to see, a lot of movement around campus here in the city
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JUÁREZ, Chihuahua (KVIA) — President Trump’s tariffs on steel and aluminum took effect on Wednesday, a move that could increase prices and costs on electronics, cars and home goods, among other things. Since the start of President Trump’s second term, he has threatened countries with imposing tariffs on various goods, with a focus on steel
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EL PASO, Texas (KVIA)– As egg prices continue to rise across the U.S., many are turning to other alternatives. One woman is selling fresh chicken eggs from her own backyard. Cassandra Hockman told ABC-7 she was able to turn her love of animals into a side business. She said she started with the objective of
Continue ReadingOriginally Published: 21 APR 25 18:00 ET Updated: 21 APR 25 22:28 ET By Piper Hudspeth Blackburn, CNN (CNN) — The Department of Education announced on Monday that it will restart collecting federal student loans in default on May 5, ending a pandemic-era pause that began roughly five years ago. More than 5 million borrowers are in default,
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The financial markets went on a roller-coaster ride this week, powered by President Donald Trump’s tariff pronouncements. The latest came Wednesday, when Trump’s administration said it would pause tariffs on many countries it had targeted for 90 days to let negotiations play out. Tariffs had been set to start this week against scores of countries.
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