economy

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San Antonio Water System officials are in talks to find a supply of water in addition to the Edwards Aquifer to meet growth demands over the next few decades.

The San Antonio Chamber of Commerce has joined the discussion with a new study, the Impact of Potential Water Shortages on San Antonio’s Economy, which illustrates the link between long-term water needs and San Antonio’s economy.

In another sign of a recovering economy, larger loans to new small businesses are on the rise.

Acción Texas, Inc. has announced its best fourth quarter to date for Small Business Administration 504 lending. The nonprofit small business lender this week announced its SBA 504 lending division had a record fourth quarter of $12.9 million in loans, a figure 77 percent higher than the previous year.

Bob Schraitle, vice-president of the 504 division, credits several factors, including pulling out of the recession, for the marked increase in new loans.   

President Barack Obama is in Mexico today for a day of trade talks with the other North American Free Trade Agreement partner nations. But while the expectations are low for the summit, the stakes remain ever high.

This is the seventh time that the three leaders of the NAFTA nations have gathered for a summit. This time Mexican President Enrique Peña Nieto is hosting in Toluca with President Obama and Canadian Prime Minister Stephen Harper attending.

Jude Joffe-Block / Fronteras

Fronteras: Long-awaited rail connection linking large Mexican ports in Sinaloa and Michoacan to Texas will break ground in 2015. Arizona’s Maricopa County Sheriff’s Office is under a court order to prevent racial profiling. By some measures, Mexico might have some of the fastest Internet speeds in Latin America, but for Tijuana's ambitious tech entrepreneurs and aspiring professional gamers, it's still painfully slow.

Immigration reform, while not at the forefront of President Barack Obama’s State of the Union address, is believed by some members of the administration to take shape this year.

Labor Secretary Thomas Perez said he believes an altered migration system could shape the country’s labor force for the better.

Immigration reform got a hearty nod from Obama during his speech. The president went as far as to say it would shrink deficits by $1 trillion in the next two decades.

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