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Another study looking at how income compares to housing prices in the 25 largest cities in the United States shows how even in San Antonio, which is in the bottom five lowest income cities, the lower income levels mean many families can't afford median priced homes. The Interest.com study shows that San Antonio's median income falls below the income required to purchase a median priced home, but only slightly. This .55 percent difference earns San Antonio a C- in the Income.com study. ------------------- Just to compare, Detroit is also in the bottom five cities with the lowest income and finds itself in a much better position because of how the median income compares to the price of a median priced home. The percent that Detroit's median income exceeds the income required for a median priced home is 45 percent.

Eileen Pace / Texas Public Radio

San Antonio Mayor Julián Castro and CPS-Energy are responding to a CNN news story about a solar energy deal that casts the political rising star in a negative light.

When Mayor Julian Castro stepped onto the stage of the Democratic National Convention he was also stepping into a more critical arena of national politics where nearly every move is scrutinized.

And on Friday, a story on the CNN program "Erin Burnett’s Out Front" covered a CPS-Energy solar energy deal that Castro was involved in that went to a South Korean company and not a company in the United States.

Texas Workforce Commission

The seasonally adjusted unemployment rate in Texas fell to 6.8 percent in September, down more than one point from last year.

Andres Alcantar, chairman of the Texas Workforce Commission, said the Texas economy has been showing steady job growth for the past two years and seven major industries expanded in September.

"The highest growth came from the Professional and Business Services industry, which grew by 13,600 jobs in September. This industry has added 47,200 jobs over the past year," Alcantar said.

Drivers looking for a bargain will want to buy gas in San Antonio this week. AAA reports that prices fell a nickel per gallon in the Alamo City, more than the decrease statewide. A gallon of gas is averaging $3.46 in San Antonio, comparing to the national average of $3.74 per gallon and the statewide average of $3.51.

Nationwide Ribbon Cutting
Joey Palacios/TPR / Texas Public Radio

Nationwide Insurance is opening a new green building in San Antonio near Sea World with the hopes of hiring an additional 500 employees in the coming years. 

Nationwide previously had four call centers in San Antonio. Now the insurance provider is opening a single 280,000 sq ft. building for its 1,400 San Antonio employees. Regional Vice President Terrance Williams says the company chose to stay in San Antonio due to a friendly business climate and the skills job seekers here have to offer.

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