San Marcos Mercury | Local News from San Marcos and Hays County, Texas
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Wednesday, September 2nd, 2015

Plummeting peso hurts Texas border economy

The Mexican peso is well below its exchange rate against the dollar compared to a year ago, and store owners on the border are bracing for a prolonged drought of Mexican shoppers. In some cities that could mean a loss of up to 45 percent of business.

Thursday, August 28th, 2014

Local debt climbs as Texas cities deal with population growth

WITH DATA FOR YOUR CITY | Texas cities, counties and school districts are relying more on debt to maintain services in a fast-growing state. While critics argue communities need to work harder to live within...

Thursday, August 21st, 2014

Brad Rollins’ Blog: Following the money in Central Texas banks

Banks in four Interstate 35 corridor counties — Hays, Caldwell, Guadalupe and Comal — maintained deposits that amount to about 40 percent of all the money in all the banks in oil-rich Alaska.

Saturday, July 19th, 2014

Driver surcharge program relies on lender hit with $10M fine by feds

Texas sends people who want to make cash payments under the Driver Responsibility Program to ACE Cash Express, which last week agreed to pay $10 million to settle allegations that it harassed borrowers.

Saturday, April 19th, 2014

Dripping Springs man gets 15 years for bank robbery spree

A month after he lost his Hays County house in foreclosure, Randall Reed began a series of heists scattered across three Central Texas counties. He didn't kill — or even hurt — anyone, but the last of...

Saturday, April 19th, 2014

Texas banking chief issues rules for Bitcoin

Texas will not treat Bitcoin and other virtual currencies as legal money, according to a new memo from the Texas Department of Banking. Yet some companies that deal in Bitcoin transactions could draw state oversight, even if...

Wednesday, March 19th, 2014

Atlanta tech firm may move headquarters to San Marcos

Upland Logic Inc., a startup straddling the financial services and information technology sectors, is considering relocating its headquarters from Atlanta to San Marcos.

Wednesday, January 15th, 2014

Fight over payday loans, from capitol to campaign trail

In Texas, where payday and auto-title lending is a $4-billion-a-year industry with some 3,500 businesses, there are no limits on fees or loan sizes. Texans take out larger loans and pay higher fees than consumers in the...

Saturday, December 7th, 2013

Dallas Fed: Let free market solve Texas water issues

A report from the Federal Reserve Bank of Dallas says that Texas' water problems could impede economic growth and that the best way to address them is a free-market approach to water allocation.

Monday, October 21st, 2013

Reverse mortgage plan’s fate is in voters’ hands

Currently the only state that doesn’t let seniors use reverse mortgages for purchasing homes, Texas could switch course if voters approve a constitutional amendment in the Nov. 5 election.

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