Economy
6 articles

August brings new businesses, uneven growth to region
Edna, the ambitious culinary destination by Michelin-starred chef Jeremy Fox, opened its doors in early August at 2585 Biddle Ranch Road in San Luis Obispo.

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 .

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.

Iran conflict pushes mortgage rates higher through 2026
The 30-year mortgage rate surged to 6.

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.

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.