Economics reporter at the @HoustonChron. Ex-@washingtonpost, @TNR, @WCP. Texan in progress. Email:

Payday lenders retreat locally as new restrictions put heat on industry — Anyone in need of a quick buck - and willing to pay exorbitant interest rates - could choose between Cash America, Loan Star Title Loans, TitleMax, EZ Money Loan Services, Ace Cash Express, two First Cash Advance outlets and several independent operators.

Payday lenders retreat in the face of new restrictions — Photo: Melissa Phillip, Staff Two years ago, on a 2½-mile stretch of Westheimer between Gessner and Voss, strip malls lining the roadway had no fewer than 11 storefronts hawking payday and auto title loans.

Are corporate incentives wise investments? — The second highest ACT scores in the state, a high school graduation rate 10 points above the state average, a host of teaching accolades. Even people who are retired say that school system needs to do well, so my property values will do well, and it attracts families, because they know their kids are going to be well-educated.

Louisiana floods are just another blow for a state battered by economy, fiscal crisis — Five days after being plucked with her 8-year-old son from an attic by police in a fishing boat, Leslie Grover was picking through the remains of her one-story house on a cul-de-sac in Baton Rouge, La., looking for serial numbers on appliances that would all need to be replaced.

Floods worsen battered economy

Houston job market shows signs of a turnaround — Employment in grew slightly in Greater Houston over the past year as moderating job losses in oil and gas were offset by gains in services such as health care, hotels and restaurants, the Labor Department reported.

(R)age against the machine — Sign up for one of our email newsletters. By and large, Dale Kleber had a pretty straightforward trip up the economic ladder. He went to law school and worked his way up to general counsel of a major food distributor in Chicago and then chief executive of a dairy trade organization.

Texas adds 23,600 jobs in July, while unemployment rate ticks up — The Texas economy continued to grow at a rate far below its oil-boom highs, with Labor Department data showing a seasonally adjusted increase of 23,600 jobs last month and an uptick in the unemployment rate to 4.6 percent. The year-over-year job growth rate remained the same as it has been since May, at 1.5 percent.

Imperial Sugar and the town it helped create — The sugar business a few miles outside the young town of Houston in the new state of Texas grew by consolidation in the years following the Civil War as E.H. Cunningham accumulated 12,500 acres that were leased to tenant farmers.

To beat payday lenders, an alternative needs banks to help out — Photo: Melissa Phillip, Houston Chronicle Back in June, when a federal regulator unveiled first-of-their-kind rules for the small-dollar loan industry, we learned that local ordinances had already had a dramatic effect in Houston and other Texas cities.
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Aug 23, 2016

@conorsen @TheStalwart it has its charms. But i can understand why urbanist types stick to NYC, DC, SF etc.

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