Economy

5 articles

A split image showing a closed restaurant on one side and a bustling new restaurant on the other, representing the contrasting trends in the US dining industry.

US restaurant scene: Closures hit some, new ventures emerge

Dallas-Fort Worth, a major US metropolitan area, recently ranked third nationally in restaurant closures, trailing only New York and Chicago, according to Dallas News .

Kurt Schneider·July 30, 2026

Former PillarCo employees looking dejected outside the company's weathered building after its sudden closure due to an innovation gap.

Wellness Row

PillarCo Closes Operations Due to Innovation Gap

After 75 years, PillarCo, a manufacturer whose specialized concrete pillars literally held up major state highway expansions, announced its immediate business cessation.

Evan Holloway·June 13, 2026

A visual representation of rising mortgage rates influenced by geopolitical conflict, with a graph showing an upward trend superimposed over a map of the Middle East.

The Weekender

Iran conflict pushes mortgage rates higher through 2026

The 30-year mortgage rate surged to 6.

Evan Holloway·June 8, 2026

A visual contrast between a single, quiet local restaurant in Humble, Texas, and the overwhelming, bright lights of a booming urban restaurant scene.

Fresh on Main

Humble's Singular Opening Contrasts Urban Restaurant Boom

In Philadelphia alone, over 110 new restaurants are slated to open in 2025, a stark contrast to the singular, rebranded local eatery making headlines in Humble, Texas.

Dmytro Petrenko·June 4, 2026

An empty, sunlit hotel lobby in New York City, symbolizing the failure of World Cup tourism to attract guests.

The Table Guide

World Cup tourism bubble fails to boost U.S. city hotel bookings

In New York City, Mayor Zohran Mamdani just launched a six-week program: $26 dining and drinking specials at hundreds of restaurants.

Kurt Schneider·May 23, 2026