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Southeast Texas's Leading Local News: Weather, Traffic, Sports and more | Southeast Texas, Texas | 12NEWSNOW.com
Gas Prices
Gas prices don’t always decline before midterms
Economy
No, Biden executive order won’t replace paper money with digital currency
Some people on social media have claimed that an executive order signed in March 2022 would make paper money “worthless.” That’s false.
Money
No, Biden’s executive order won’t replace paper money with digital currency
The Biden administration has tasked the Federal Reserve with looking into the potential creation of a central bank digital currency. But a CBDC wouldn’t replace cash
Money
How to spot mobile payment app scams on Zelle, Venmo, PayPal and Cash App
Mobile peer-to-peer payment app scams are on the rise as more Americans use contactless payment options. Here are a few ways to identify and avoid payment app scams.
Gas Prices
No, gas prices don’t always go down before elections
Some have speculated gas prices tend to drop before big elections like the upcoming midterms, but historical data doesn’t support that claim.
Gas Prices
Election gas price trends, 1994-2020
U.S. Energy Information data showing the trends in gas prices during election seasons, since 1994.
Economy
No, there isn’t a limit to how many times the Federal Reserve can adjust interest rates
The Federal Reserve can raise rates as many times as needed in an effort to help solve problems that the U.S. economy faces, such as inflation, experts told VERIFY.
Economy
No, there isn’t a limit to how many times the Federal Reserve can adjust interest rates
The Federal Reserve can raise rates as many times as needed in an effort to help solve problems that the U.S. economy faces, such as inflation, experts told VERIFY.
Money
A bill proposes an extra $2,400 per year in Social Security benefits, but it hasn’t passed
The Social Security Expansion Act proposes an extra $2,400 per year, on top of the annual cost-of-living adjustment or COLA. Here’s where the bill stands.
Money
The claim that hospitals are legally required to provide an itemized bill upon request needs context
A viral social media video claims hospitals are required to provide an itemized bill upon request. But this requirement varies from state to state and by hospital.
Money
No, there is no federal law that requires businesses to accept cash
There is no federal law mandating that a private business accept cash as payment for goods or services, as some social media posts claim.
National
Support for labor unions has increased, but union membership is at an all-time low
A new poll shows more Americans support labor unions than have in decades. But data also shows union membership remains at historic lows.
Economy
No, Biden executive order won’t replace paper money with digital currency
Some people on social media have claimed that an executive order signed in March 2022 would make paper money “worthless.” That’s false.
Money
No, Biden’s executive order won’t replace paper money with digital currency
The Biden administration has tasked the Federal Reserve with looking into the potential creation of a central bank digital currency. But a CBDC wouldn’t replace cash
Money
How to spot mobile payment app scams on Zelle, Venmo, PayPal and Cash App
Mobile peer-to-peer payment app scams are on the rise as more Americans use contactless payment options. Here are a few ways to identify and avoid payment app scams.
Gas Prices
No, gas prices don’t always go down before elections
Some have speculated gas prices tend to drop before big elections like the upcoming midterms, but historical data doesn’t support that claim.
Gas Prices
Election gas price trends, 1994-2020
U.S. Energy Information data showing the trends in gas prices during election seasons, since 1994.
Economy
No, there isn’t a limit to how many times the Federal Reserve can adjust interest rates
The Federal Reserve can raise rates as many times as needed in an effort to help solve problems that the U.S. economy faces, such as inflation, experts told VERIFY.
Economy
No, there isn’t a limit to how many times the Federal Reserve can adjust interest rates
The Federal Reserve can raise rates as many times as needed in an effort to help solve problems that the U.S. economy faces, such as inflation, experts told VERIFY.
Money
A bill proposes an extra $2,400 per year in Social Security benefits, but it hasn’t passed
The Social Security Expansion Act proposes an extra $2,400 per year, on top of the annual cost-of-living adjustment or COLA. Here’s where the bill stands.
Money
The claim that hospitals are legally required to provide an itemized bill upon request needs context
A viral social media video claims hospitals are required to provide an itemized bill upon request. But this requirement varies from state to state and by hospital.
Money
No, there is no federal law that requires businesses to accept cash
There is no federal law mandating that a private business accept cash as payment for goods or services, as some social media posts claim.
National
Support for labor unions has increased, but union membership is at an all-time low
A new poll shows more Americans support labor unions than have in decades. But data also shows union membership remains at historic lows.
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