In an annual study on racial progress, Texas falls slightly behind in the employment and wealth category, ranking No. 13 overall. Photo via Getty Images

In honor of Martin Luther King Jr. Day, personal finance website WalletHub is revisiting its annual report "States with the Most Racial Progress." Texas comes out near the top for 2024, but has room for improvement in several areas.

The report measures the gaps between Black and white residents across 22 key indicators of equality in all 50 states and the District of Columbia to determine the rankings. States are scored in four major categories: employment and wealth, education, social and civic engagement, and health. For the purpose of the study, "adults" include people aged 25 and older.

Texas ranks No. 2 overall in racial progress, placing just behind Georgia (No. 1). But in the study's separate ranking of states with the most racial integration, Texas lands farther down the list, at No. 8.

The racial progress report highlights the Lone Star State's efforts to reduce health insurance coverage gaps between white and Black residents – stating that the divide has reduced more than 13 percent within the last three decades. Improving higher education is another major milestone for the state, the study says.

"Texas has made some of the best progress in the nation when it comes to the share of [B]lack vs. white residents who have at least a bachelor’s degree," the report's author writes. "In fact, it’s one of the only states where the gap has decreased rather than increasing since 1970."

Texas earns top-five rankings in the the categories of education (No. 4) and health (No. 4), and ranked No. 6 in the study's social and civic engagement category. The state falls slightly behind in the employment and wealth category, ranking No. 13 overall.

Texas scores high in the following measures:

  • No. 7 – Change in median annual household income gap
  • No. 10 – Change in poverty rate gap
  • No. 8– Change in gap in the percentage of adults with at least a high school diploma
  • No. 4 – Change in gap in the percentage of adults with at least a bachelor's degree
  • No. 11 – Change in standardized test scores gap
  • No. 10 – Change in voter turnout gap during the 2020 presidential election

According to a 2023 survey by the Pew Research Center, 44 percent of Americans say they feel pessimistic about the nation's "ability to ensure racial equality for all people" in the future, regardless of race or ethnicity. That's compared to 28 percent who feel optimistic."Although our country has made a lot racial progress since the Civil Rights Movement, we still need to do better to ensure equality for everyone," the WalletHub report says. "As we think about ways to improve equality in the future, though, we can also recognize the steps toward racial harmony we’ve already achieved — in our workplaces, in our schools and in our voting booths."Following behind Texas to round out the top 10 states with the most racial progress in 2024 are Mississippi (No. 3), New Mexico (No. 4), Wyoming (No. 5), Connecticut (No. 6), New Jersey (No. 7), Maryland (No. 8), Florida (No. 9), and North Carolina (No. 10).

The report and its methodology can be found on wallethub.com.

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This article originally ran on CultureMap.

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Axiom Space tops $525M in oversubscribed round, announces Swiss subsidiary

funding boost

Axiom Space tacked on an additional $175 million to a previously announced capital raise, bringing the oversubscribed round to a total of more than $525 million.

Axiom shared in February that it had secured $350 million in a financing round led by Type One Ventures and Qatar Investment Authority. In the latest release from the company, Axiom reports that Japan-based MUFG Bank Ltd. joined the round as a new investor, in addition to continued participation from existing backers.

The funding will go toward developing the company's commercial space station, known as Axiom Station, and the production of its Axiom Extravehicular Mobility Unit (AxEMU) under its NASA spacesuit contract.

“Investor interest in this round outpaced what we set out to raise, which speaks to the moment we’re in,” Jonathan Cirtain, CEO and president of Axiom Space, said in the news release. “Our partners see what is possible in low-Earth orbit, and they see who is positioned to lead it.”

Axiom announced last month that it planned to open a Japanese subsidiary July 1. Earlier this week, it also shared plans to establish Axiom Space Switzerland, a wholly owned subsidiary based in Lucerne that is also expected to begin operations this summer.

The Switzerland subsidiary aims to establish Axiom's presence in Europe and help it partner with the European Space Agency and other space organizations and companies on the continent.

“Europe is a founding leader in the creation of the commercial space economy, and Switzerland is uniquely positioned to convene the government agencies, research institutions, and industrial entities that will shape its next decade,” Cirtain added in a separate release. “Axiom Space Switzerland facilitates the scaling of development and deployment of the infrastructure that will succeed the International Space Station.”

Texas cashes in among 10 best U.S. state economies in 2026 report

State Economics

A new study gauging the success or decline in economic performance in every state has revealed Texas' economy remains stable in 2026 after it dropped out of the top five to No. 8 last year.

Texas boasts the No. 8 best state economy in the U.S. this year, according to WalletHub's annual "Best & Worst State Economies" report. The personal finance website's analysts ranked all 50 states and the District of Columbia across 28 relevant metrics to measure each state's economic activity and health status, and its "innovation potential."

Notably, Texas leads the nation for the most exports per capita in the U.S. in a five-way tie with Louisiana, Kentucky, North Dakota, and Indiana. Across the study's three main categories, Texas ranked highly for its economic activity (No. 7) and economic health (No. 11), and the state's "innovation potential" rank is the 24th best in the nation.

This is how WalletHub ranked Texas' economic performance, where No. 1 is considered the best and No. 25 is considered average:
  • No. 6 – Change in non-farm payrolls
  • No. 8 – Change in GDP
  • No. 8 – Startup activity
  • No. 11 – Annual median household income
  • No. 18 – Government surplus/deficit per capita
  • No. 21 – Percentage of jobs in high-tech industries
  • No. 30 – Unemployment rate
WalletHub previously ranked Texas one of the top three states to start a business in 2026, with Houston earning its own entrepreneurial acclaim in separate rankings of the best big cities for new businesses and for starting a career.

"U.S. economic growth depends heavily on the performance of individual states, and some contribute more than others," the report's author wrote. "For example, California, Texas, New York and Florida have economies so large that if they were countries, they would rank in the top 20 in the world."

The five states with the worst state economies in 2026 are Rhode Island (No. 47), Maine (No. 48), Louisana (No. 49), Kentucky (No. 50), and West Virginia (No. 51).

The top 10 best state economies for 2026 are:

  • No. 1 – Massachusetts
  • No. 2 – Washington
  • No. 3 – Utah
  • No. 4 – California
  • No. 5 – Delaware
  • No. 6 – North Carolina
  • No. 7 – New York
  • No. 8 – Texas
  • No. 9 – Colorado
  • No. 10 – Florida

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This article originally appeared on CultureMap.com.

Houston lab explores how AI bots can help the elderly

AI for aging

The University of Houston’s Empathetic Lifespan AI & Robotics for Aging (ELARA) Lab is currently conducting research into how AI bots may be able to help the elderly live more social and independent lives through several ongoing initiatives.

The lab officially launched last month as part of the Gerald D. Hines College of Architecture & Design under the leadership of Assistant Professor Chorong Park. Part of the lab’s mission is tackling ongoing problems with aging, such as dealing with disabilities and social isolation. Researchers’ current work is focused on designing a new AI companion bot specifically tailored to the needs of older people.

“We need to take all the needs of older adults seriously,” Park said in a news release. “They won't use the robot if they don't feel at ease or if they feel they are being constantly watched.”

The field testing of new AI bots in this population hopes to overcome several traditional obstacles in technology use among the elderly. A study by Park shows that many older people have a fear of overt surveillance when using advanced AI. There is also ageism to consider. Most new technologies are designed with younger and employed buyers in mind, not retirees who may need help remembering daily tasks or accessing important information.

“The more older adults are excluded from technology development, the worse those technology gaps will become,” Park said. “AI and the majority of technologies are created for younger people, so my research method integrates older adults directly into the design process.”

ELARA recently collaborated with the Mamie George Community Center in Richmond, Texas, to track seniors’ response to desktop AI bots like Emo and Cupboo. Researchers also had participants use air-dry modeling clay to create their ideal robotic companion.

While the eventual AI bot may be able to help the elderly feel less isolated and more supported, there are concerns to consider. A study published in the Asian Journal of Psychology charted the development of delusional thinking in a 72-year-old woman who became convinced the empathic-response bot was in love with her. The rise of “AI psychosis” has the potential to exacerbate mental health problems, particularly in socially isolated people, which a quarter of Americans over the age of 65 are.

ELARA’s research is focused on creating “pet-like” AI models with enhanced trust cues. If it can overcome the dangers of socially isolated people relying on AI for companionship, it could be a big step forward for independent aging.