The U.S. economy shrank last quarter. Is a recession next?
Six in 10 Americans are worried that a sharp economic downturn could be around the corner. Here's what economists say.
Economy
More Texans look to 'side hustles' as cost of living increases
Side hustles are becoming more and more popular among North Texans as prices climb.
AAA Texas: Statewide Average Gas Price Falls Amid Demand Concerns
AAA Texas said on Mar. 17 that the statewide gas price average in Texas had fallen to $3.96 per gallon - a drop of $0.04 since last week - but warn the relief may only be temporary.
Federal Reserve Raises Interest Rates For First Time In More Than 3 Years
For the first time since 2018, the Federal Reserve is raising interest rates.
High Gas Prices Hurting Local Businesses Reliant On Delivery
The pain at the pump continues as people shell out more and more money at gas stations, and it's impacting local businesses that rely on delivery drivers.
DFW Ranks As The 20th Least Affordable City In The Country
Real estate website RealtyHop has just compiled a list of least affordable US cities according to their data, and DFW ranks in as the 20th least affordable city in the country.
In Frisco, 3 Post-Season College Football Games Add Up To 1 Economic Win For North Texas Businesses
City leaders and business owners say the games add up to an economic win for not only the city, but the North Texas region.
'All-Out' Race For Commercial Real Estate In North Texas Could Stay Just As Hot In 2022
Experts say 2021 was a big year for commercial real estate in DFW, and 2022 will likely stay just as hot.
Economists Predict 'Modest' Damage To US Economy From Hurricane Ida
The hurricane is expected to inflict a less severe financial impact than Hurricane Katrina did 16 years ago, thanks in part to a lower storm surge and New Orleans' improved levee system.
'Not Just Stupid, Anti-American,' Texas Rep. Dan Crenshaw Criticizes Biden Administration's Push For OPEC To Increase Production
Rep. Dan Crenshaw, R-Texas is calling out the Biden administration on Twitter for asking OPEC to increase crude oil production.
Exxon Posts $4.7B In Q2 Profit As Demand For Fuel Rebounds
Exxon Mobil swung back to a profit and topped expectations on profit and revenue during the second quarter as demand for fuel recovered from lows reached earlier in the pandemic.
When Unemployment Ended Early, Workers Sued And Some Are Winning
Twenty-six governors across the U.S., including Texas' Greg Abbott, have announced they are shutting off enhanced unemployment benefits. In several states, workers are suing to restore those benefits.
Texas Leaders Among Those Pressuring Biden Administration To Lift Restrictions At US Borders
A group of mayors, including some from Texas, recently pressed US immigration officials on COVID-19-related travel restrictions that they say threaten to further hurt their local economies.
The Ones For Real Estate: Is DFW In A Bubble Effect?
With the skyrocketing prices of real estate in North Texas and homes selling faster than they can get on the market, many are asking if what we are seeing in DFW is a bubble effect.
Tesla 1Q Sales Of 185K More Than Double Last Year's Numbers
Tesla delivered nearly 185,000 electric vehicles in the first quarter despite a shortage of computer chips that has hit the global auto industry.
Texas Gov. Abbott Visits Dallas To Talk About Support For Small Businesses
Texas Gov. Greg Abbott held a roundtable discussion at Ruibal's Plants of Texas in Dallas to talk about small businesses' affects on the economy.
COVID-19 Pandemic Dominates Gov. Greg Abbott's State Of The State Address
Gov. Greg Abbott also outlined five emergency items including expanding broadband access and no defunding of police.
Economist Predicts Texas Will Add 518,000 Jobs This Year
Economists at the Federal Reserve Bank of Dallas predicted Friday that Texas will see 4.2% job growth this year, which amounts to the state adding 518,000 jobs.
'I Think It's Going To Impact Us For Decades': Women Bearing Brunt Of Job Losses During Pandemic
Many of the industries dominated by women – service jobs like healthcare, retail and tourism – have been hardest hit by the pandemic.
North Texas Financial Expert Says 'Have A Plan' For COVID-19 Relief Money Headed Your Way
The government will send $600 for individuals making up to $75,000, and $1,200 for married couples who file jointly and make up to $150,000.
Second $1,200 Stimulus Check Still Possible This Year, But Chances Are Fading
President Trump ha said he wants to see direct payments to Americans. The White House proposed a $600 payment in its COVID-19 relief plan.
Unemployed Texans Must Once Again Search For Work To Keep Benefits
For most receiving unemployment benefits, this means recipients will need to prove they've done at least three job searches per week in order to remain eligible for benefits.
Mixed Messages On COVID-19? Governor Tweets, Bars Still Closed
For the moment, bars remain closed; but, Governor Greg Abbott has ramped up speculation about a possible reopening.
Mark Cuban Suggests Giving Americans $1000 Stimulus Checks Every Other Week For 2 Months
Dallas Mavericks owner Mark Cuban said more stimulus money is needed for the economy to recover amid COVID-19 and suggested that households receive $1,000 stimulus checks every two weeks for the next two months.
Tortilla Maker Mission Foods Expanding To Indianapolis Area
Irving-based Mission Foods says it will establish a manufacturing plant in suburban Indianapolis, creating up to 544 new jobs by the end of 2026.
CBS News DFW — Watch Live 24/7
Latest News
Shooter left 1 dead, 2 injured on Jerome Street in Dallas
Police received calls saying that several people had been shot in the 3200 block of Jerome Street.
Smart move for Dallas couple who reinvented themselves as bakers
Baking each day to the backdrop of his crafty Oak Cliff neighborhood, Tyler Rooney began realizing a dream he always had.
4 dead after wrong-way crash on I-45 in Dallas County
Officers found 3 people in the vehicle that was going the wrong way, and 3 people in the vehicle that was hit head-on.
11 things to know about CBS 11 Anchor Nicole Baker
Nicole Baker is Doug Dunbar's new co-anchor weeknights at 5, 6 and 10.
Dog sneaks into Byron Nelson High School, police looking for owners
Police said the good boy followed some kids from the Country Acres neighborhood before heading inside the school.
Mavericks fans say 'It Ain't Over 'til It's Over'
It's not just the eyes of Texas but the eyes of the basketball world on Dallas.
Man found shot dead in Dallas homeless encampment, police say
The victim -- who has not been identified at this time -- was pronounced dead at the scene.
7 years after charges, still no trial for Texas AG Ken Paxton
The twists and turns of how Republican Ken Paxton has yet to have his day in court after being indicted on securities fraud charges in 2015 has little comparison in American politics.
Court ruling extends uneven treatment for asylum-seekers
President Biden wanted to end the rules known as Title 42, but a federal judge issued a nationwide injunction that keeps them intact.
Latest News
More Latest News
Shooter left 1 dead, 2 injured on Jerome Street in Dallas
Police received calls saying that several people had been shot in the 3200 block of Jerome Street.
Smart move for Dallas couple who reinvented themselves as bakers
Baking each day to the backdrop of his crafty Oak Cliff neighborhood, Tyler Rooney began realizing a dream he always had.
4 dead after wrong-way crash on I-45 in Dallas County
Officers found 3 people in the vehicle that was going the wrong way, and 3 people in the vehicle that was hit head-on.
11 things to know about CBS 11 Anchor Nicole Baker
Nicole Baker is Doug Dunbar's new co-anchor weeknights at 5, 6 and 10.
Dog sneaks into Byron Nelson High School, police looking for owners
Police said the good boy followed some kids from the Country Acres neighborhood before heading inside the school.
The I-Team
More The I-Team
Gruesome new details emerge in Ira Tobolowsky murder case
Gruesome new details have emerged in the high-profile murder of Dallas attorney Ira Tobolowsky.
I-Team: Texas father and son accountants convicted in $6M Ponzi scheme
Dozens of North Texas families found their retirement accounts empty after falling victim to a multi-million-dollar Ponzi scheme.
I-Team Exclusive: Dallas sons reveal what led to arrest in murder of their father
In the group setting, they all agree that no one had given up hope. And they all believe the man recently arrested is "100%" the killer.
North Texas business steps up to help desperate mothers
A North Texas business is stepping up to help desperate mothers across the state after seeing an I-Team investigation.
I-Team Update: Ira Tobolowsky's family reacts to murder arrest
Ira Tobolowsky's sons said investigating their father's murder over the past six years has been a full-time job.
Politics
More Politics
7 years after charges, still no trial for Texas AG Ken Paxton
The twists and turns of how Republican Ken Paxton has yet to have his day in court after being indicted on securities fraud charges in 2015 has little comparison in American politics.
Military plane carrying 39 tons of baby formula arrives in U.S.
The shipment was the first of several flights carrying infant formula from Europe expected this weekend to relieve the deepening shortage in the U.S.
Democratic runoff for Texas AG: Garza, Jaworski discuss abortion, state lawsuits
Both Democratic candidates for Texas Attorney General Joe Jaworski and Rochelle Garza support abortion rights and Roe v. Wade.
Judge: COVID asylum restrictions must continue on southern U.S. border
A judge has ruled COVID-19 asylum restrictions must continue on the southern US border; effectively blocking the government's plan to end them.
Last day of early voting for primary runoff elections
Today is your last chance to cast a ballot early for the primary runoff elections.
Consumer News
More Consumer News
North Texas homebuyers face high prices, low inventory
North Texas homes are expensive and in short supply. Local experts discuss how buyers can improve their chances.
Texas sets gas price record just before summer travel season
Of the major metropolitan areas surveyed in Texas, drivers in Arlington, Dallas and Fort Worth are paying the most for gasoline.
Ford issues 3 recalls including one for engine fire risk
The company says fires can happen even while the engines are off and is recommending that they be parked outdoors.
ERCOT reassuring Texans that power grid will not fail this summer
The CEO of the power grid operator says they are taking proactive steps and to ensure the grid will hold up.
Baby formula maker Abbott reaches deal, will restart production
Baby formula maker Abbott says it has reached a deal with regulators to restart production at the factory tied to the current shortage.
Health
More Health
Jif peanut butter recalled over salmonella concerns
At least 14 people across 12 states have become sick, and two were hospitalized, according to the Centers for Disease Control and Prevention.
FDA approves Pfizer COVID booster shots for kids 5 to 11
Tuesday's decision means anyone 5 years of age and older is now eligible for at least one COVID booster dose.
Can meditation and mindfulness exercises reduce stress?
Recent survey found more Americans are meditating - and that's a good thing, experts say.
Texas court allows some investigations into families of transgender youth to resume
Texas high court allows state to resume some abuse investigations into gender-confirming care for transgender youth.
TPC Craig Ranch designer Tom Weiskopf gets 'Major' support during cancer battle
Weiskopf's passion (post career) became designing golf courses. He now has around 80 to his name, including TPC Craig Ranch.
Business News
More Business News
Smart move for Dallas couple who reinvented themselves as bakers
Baking each day to the backdrop of his crafty Oak Cliff neighborhood, Tyler Rooney began realizing a dream he always had.
Non-profit DreamSpring backing small business owners
Many North Texas small businesses struggled to stay alive during the pandemic, others did not survive.
North Texas homebuyers face high prices, low inventory
North Texas homes are expensive and in short supply. Local experts discuss how buyers can improve their chances.
Texas sets gas price record just before summer travel season
Of the major metropolitan areas surveyed in Texas, drivers in Arlington, Dallas and Fort Worth are paying the most for gasoline.
Ford issues 3 recalls including one for engine fire risk
The company says fires can happen even while the engines are off and is recommending that they be parked outdoors.
Sports
More Sports
Mavericks fans say 'It Ain't Over 'til It's Over'
It's not just the eyes of Texas but the eyes of the basketball world on Dallas.
Mavericks lose in Dallas, Warriors take 3-0 series lead
It's something that's never been done in NBA history. The Dallas Mavericks are hoping to pull out of a 3-0 hole in the playoffs.
Justin Thomas wins PGA Championship
Thomas added a second Wanamaker Trophy to the one he captured in 2017 at Quail Hollow.
Students with disabilities show off football skills in 2022 Buddy Bowl
Highland Park High school students are once again teaming up with students who have disabilities for one of the most fun-filled games of the year.
BREAKING: Bowness stepping down as Stars Head Coach
Rick Bowness is stepping away as head coach of the Dallas Stars.
Weather
Entertainment
More Entertainment
Pete Davidson confirms he's leaving "Saturday Night Live"
"It's crazy to think that today I'll be doing my last one," Davidson wrote on Instagram prior to Saturday's season finale.
Red Power Ranger charged with defrauding paycheck protection program
The actor who played the Red Power Ranger has been charged with wire fraud conspiracy related to the federal PPP program.
Grapevine kicks off the 38th annual Main Street Fest
The city is hoping to get a major economic boost with more than 80 local shops, restaurants and boutiques open to visitors.
CBS unveils 2022-2023 primetime lineup
CBS announced its 2022-2023 primetime programming lineup of CBS Originals, featuring four new dramas and more.
Kendrick Lamar's latest music video features iconic North Texas locations
You may recognize a few iconic North Texas locations in Kendrick Lamar's latest music video.
Latest Videos
More Latest Videos
Latest Videos
11AM weather update with Anne Elise Parks
Tonight will be mostly cloudy with a chance of rain and storms. Some could be strong overnight with heavy rain and gusty winds.
Wrong-way crash in Wilmer leaves 4 dead
Police are still working to figure out if alcohol was a factor in a late-night wrong-way crash along a highway in Dallas County that left 4 people dead and 2 others hospitalized.
Your Monday Afternoon Headlines, May 23rd, 2022
Here are your Monday Afternoon Headlines for May 23rd, 2022!
'Kidd’s Kids Trip' is back for sick children
Since 1991, Kidd’s Kids has taken children with life-altering or life-threatening conditions and their families on an all-expense-paid trip to Walt Disney World,
Dallas couple who lost jobs during COVID have reinvented careers as bakers
Inside Tyler Rooney's home kitchen, he and his wife gather ingredients, test recipes, and churn out more bread than you can imagine.
Latest Galleries
More Latest Galleries
CBS 11 Bike To Work Week!
CBS 11 staffers took the roads early morning May 20 for Bike to Work Week! Want to be featured on air or online? Share your photos of you biking to work using #CBS11BiketoWork on social media!
Easter bunny hops into Cook Children's NICU
All dressed up for their first Easter, these precious snuggle bunnies are ready for the holiday weekend.
March 14 Fannin County Storm Damage Near Leonard, Texas
The storm that moved through North Texas on the evening of March 14 was fast-moving but left a lot of damage behind in some places. Here are images from Fannin County, west of the town of Leonard, where many believe a tornado touched down.
Community Watching After Wind Topples White Rock Lake Eagles' Nest
The wind robbed Nick and Nora, The White Rock Lake eagles, of their nest and at least one egg. Now, the neighborhood is watching; hoping for the best for the beautiful pair.
North Texans Share Pictures Of Wintry Weather
Send your photos our way using the hashtag #FirstAlertDFW on Twitter and Instagram to be featured on air and on our website!
