Austin, Texas
Coverage of Austin, Texas in the Nexus archive.
- From 3 Years to 65 Years: New Data Reveals the Radical Down Payment Divide Between U.S. Cities
A Rocket Mortgage analysis reveals a stark geographic divide in the U.S. for first-time homebuyers, with households in New York City needing 65 years to save for a median down payment, while those in Warren, Michigan, require just 3 years. The disparity stems from varying home prices, median incomes, and down payment percentages across cities.
- Angela Paxton endorses three candidates in runoffs, but not her estranged husband.
Angela Paxton, a state senator, endorsed three candidates in the upcoming runoffs but did not support her estranged husband. The article references a photo of her in her Austin office from last year.
- Unchained and Bitcoin Park Hit the Road For Bitcoin Pizza Day With “The New Rules of Bitcoin”
Unchained and Bitcoin Park are hosting screenings of "The New Rules of Bitcoin" film across ten major US cities to celebrate Bitcoin Pizza Day on May 22, 2026. The roadshow aims to educate communities about Bitcoin's distinction as a long-term wealth preservation asset through grassroots peer-to-peer adoption.
- Boomers have the space. Millennials have the kids
Boomer empty nesters own nearly twice the share of homes with three-plus bedrooms compared to millennials with kids, making the housing market tighter. Millennial parents own 16% of large homes, while Gen Z parents own less than 1%. The highest shares of millennial families who own large homes are in Austin, Texas, and Columbus, Ohio.
- Waymo driverless cars overrun Atlanta neighborhood, circling cul-de-sacs and alarming families with kids
Waymo's driverless cars have been circling cul-de-sacs in an Atlanta neighborhood, causing traffic and alarm among families with kids. The issue is due to a routing behavior problem, and Waymo has admitted to the problem and is working to address it. The company has faced other issues recently, including a recall of nearly 4,000 vehicles and investigations into safety incidents.
- SpaceX has a $55 billion plan to build AI chips in Texas
SpaceX plans to invest $55 billion in its Terafab chip plant in Austin, Texas, with potential total investment of $119 billion. The project aims to produce AI chips to support up to 200 gigawatts per year of computing power. Elon Musk announced the project in March with ambitious goals.
- US Gasoline Supplies on Way to Seasonal Low, Morgan Stanley Says
US gasoline supplies are expected to reach a seasonal low, according to Morgan Stanley. This prediction is based on current trends and market analysis. The news may impact fuel prices and consumer behavior.
- 5 killed in Texas plane crash, officials say
Five people were killed when a Cessna 421C crashed 30 miles south of Austin, Texas, according to investigators. The incident occurred in a remote area, and the cause is under investigation.
- Small plane crashes near Austin, killing all 5 aboard, county official says
A small plane crashed near Austin, Texas, killing all five people aboard, according to a county official. The incident occurred in a small city close to Austin, resulting in no survivors.