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85fa6666-d00d-4b9e-b2a1-df0234c8075d
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Southwest Airlines hints at international expansion

Southwest Airlines has filed with the U.S. Transportation Department for authority to fly to any country with which the U.S. has an Open Skies aviation agreement, signaling the carrier intends to expand its small international route network. Approval of the request could allow Southwest to fly to countries in Europe, the UK, much of Latin America and parts of Asia and Africa. The Dallas-based airline also sought the ability to transport “persons, property and mail” to countries that enter aviation agreements with the US in the future, according to the...

Student loans drive US delinquency rate to highest since 2020

The share of outstanding U.S. consumer debt that’s in delinquency rose in the first quarter to the highest in five years, reflecting an end to the pandemic-era pause on reporting delinquent student loan payments on credit reports. Some 4.3% of debt was delinquent in the first three months of this year, the most since 2020 and up from 3.6% in the prior quarter, the New York Fed said Tuesday in its Quarterly Report on Household Debt and Credit. Outside of student loans, however, transition to early delinquency held steady for...

Egg prices have fallen, but still 79% higher than last year

U.S. retail egg prices fell in April from the record-high prices they hit earlier this year, according to government data released Tuesday. The average price for a dozen Grade A eggs declined to $5.12 last month after reaching a record $6.23 in March, according to the Consumer Price Index. It was the first month-to-month drop in egg prices since October 2024. Overall, the average price of eggs of all sizes fell 12.7%, the steepest monthly decline since March 1984. While wholesale egg prices have been coming down for a while,...

Dallas homebuilding firm Landsea sold for $1.2 billion

A Dallas homebuilding firm has been acquired for $1.2 billion and will go private. Dallas-based Landsea Homes was acquired by California-based New Home Co. for $11.30 per share — roughly 61% higher than Landsea’s closing price. It was an all-cash transaction, the firms announced Monday afternoon. The combined company will be a privately held, top-25 homebuilder with properties in some of the nation’s fastest-growing markets in Arizona, California, Colorado, Florida, Oregon, Texas and Washington. The new firm will generate nearly 4,000 annual closings, the company said.

Beloved fire captain dies in Mother's Day car crash after his child's birth

A beloved Killeen, Texas, fire captain died in an off-duty car accident shortly after the birth of his fifth child over the weekend, according to officials. The tragedy involving Captain Marvin Taylor III occurred on Mother's Day, May 11, after he left the hospital in Austin. According to a statement, Taylor was driving to pick up his other children when "his vehicle was struck from behind." Austin police in the area assisted Taylor while waiting for first responders. However, he was pronounced dead at the scene. The other driver was...

National Hurricane Center tropical outlooks start Thursday. Why they're important to Texas

The 2025 hurricane season is less than a month away. Later this week, on May 15, the National Hurricane Center will begin issuing daily "tropical outlooks," highlighting areas showing potential for tropical development over the next seven days. Last week, AccuWeather forecasters warned that the first tropical storm of the year could develop as early as this week, ahead of the official start of the 2025 Atlantic hurricane season. However, the Central American Gyre near Central America had low chances for development and is not currently an event of concern....