Life after graduation

When Dez Hood started her freshman year at Texas Tech, she expected that four years later, she would graduate and head to grad school. Now with graduation around the corner and an economy still on the downturn, Hood is being forced into the job market that barely hires even the most qualified people. “I was originally [...]

Blockbuster announces possible bankruptcy

The Texas based Blockbuster Inc. has been in operation for over 20 years, but it is now facing the possibility of filing for Chapter 11 bankruptcy protection. “The increasingly competitive industry conditions under which we operate has negatively impacted our results of operations and cash flows and may continue to in the future;” Blockbuster Inc. [...]

Alcohol sales rise during sporting events, holidays

Now that people can purchase alcohol inside the city limits, sporting events and holidays have a larger impact on alcohol sales in Lubbock. John Jameson, store director at United Supermarkets on 50th and Indiana,  said alcohol sales represent 4 to 5 percent of the overall sales. “Our best days for alcohol sales are Tech games,” [...]

Spending Continues Despite Economic Downturn

Home sales dropped 18.4 percent in August 2009, according to the Lubbock Economic Index, and the amount of money spent on automotive sales dropped 25 percent, but even during these economic times, most people are still finding ways to spend money on the things they love.

Economy affects student loans

With the economy in a slump, there are numerous problems with the markets in the United States. With the credit markets practically frozen, it is making it much more difficult for students to get approved for student loans. Nearly 90 percent of students rely on loans and financial aid to get through college. Joseph Tsai, [...]

Local agriculture’s current economic impact

Local farmers fight the weather and sagging national economy as the harvesting season comes to a close.  A study by The Texas Tech University Cotton Economics Research Institute estimates a possible 28 percent reduction for this years local cotton crop due to early-season high winds and late-season cool temperatures.  According to the study such a [...]

Weather affects gas prices

    Meterologist Troy Christensen said bad weather can affect gas prices.   People don’t have a lot of options when filling up their gas tank; expensive, more expensive, most expensive. Most of people’s pay checks are going into their gas tank and they’re getting fed-up. OPEC collects gas prices from every city in the United [...]