State Texas Financial News

03.07 / 02:47

UPS Target Reuters Manufacturing RIG Oil prices Oil prices slip on global economic slowdown fears

Oil prices slipped in early Asian trade on Monday as global macroeconomic headwinds and possible further interest rate hikes from the U.S. Federal Reserves offset forecasts of tighter supplies amid OPEC+ cuts. Brent crude futures dropped 20 cents, or 0.3%, to $75.21 a barrel by 0044 GMT after settling up 0.8% on Friday.

02.07 / 12:33

UPS Lowe's Target Reuters CEO Platform Action Weekly Energy & precious metals - weekly review and outlook

Investing.com — It’s here: The July oil bulls have been waiting for. The July the Saudi oil minister plans to make a difference with, via an additional million barrels per day in output cuts. The July where some of the most optimistic forecasters for crude think it could set highs of $90 or more for a barrel of Brent.

01.07 / 19:05

UPS Target Extreme Southern Mercantile Natural Gas Bulls Bet on July Revival as Heat, Grills Turn Up

Geert Rouwenhorst, the Yale professor who grandfathered the theory of commodity index investing, used to get plenty of laughs from his audience when he’d tell them that many didn’t know the correlation between pork belly futures and natural gas until they began barbecuing.

01.07 / 17:59

Citi FIVE BLOCK Parke Shell events Weekend Fourth of July weekend planner: Check upcoming events throughout the upcoming long-weekend

place. Meanwhile, those eyeing Fireworks Spectacular ahead, the DCR Hatch Shell on the Esplanade in Boston will host the 2023 edition of the Boston Pops Fireworks Spectacular. The much-anticipated annual concert will commence at 8 pm, followed by a 30-minute fireworks show starting at 10:30 pm.

01.07 / 11:27

FIVE Reuters Aware Manufacturing CEO Tesla Highways Standard EV charging firms oppose Texas' 'premature' plan to mandate Tesla standard

Tesla technology in charging stations, saying it is «premature,» according to a document seen by Reuters and a source aware of the matter. Reuters reported last week that Texas would require charging companies to include both Tesla's North American Charging Standard (NACS) as well as the nationally recognized rival Combined Charging Standard (CCS) technology to be eligible for a state program to electrify highways using federal dollars.

30.06 / 09:05

UPS Manufacturing Oil prices Oil prices muted after weak Chinese PMIs, Brent set for positive June

Investing.com — Oil prices kept to a tight range on Friday as soft Chinese data pointed to persistent economic headwinds in the world’s largest oil importer, although Brent was still on course for its first positive month in 2023.

30.06 / 09:05

UPS Reuters Manufacturing RIG Oil heads for fourth straight quarterly decline

By Ron Bousso

28.06 / 09:23

Bitcoin miners Texas Bitcoin Miners Scale Back Operations Amidst Heat Wave

Bitcoin (BTC) miners in Texas have halted operations after a heat wave and subsequent surge in elcetricity price put the state's power grid under pressure.

27.06 / 16:31

Manufacturing CEO JPMorgan Platform Airlines Software Kellogg Delta Stocks making the biggest moves midday: Lordstown Motors, Walgreens Boots Alliance, Delta and more

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27.06 / 06:51

business Blockchain Adoption Mining Bitcoin Riot 2024 Riot Platforms Riot Platforms to add 33,000 Bitcoin miners ahead of 2024 halving

Riot Platforms — one of the world’s largest Bitcoin (BTC) mining companies — has bought 33,280 “next-generation” Bitcoin miners for its Texas facility, costing $162.9 million.

22.06 / 18:51

Mining Core Scientific Bitcoin Bitcoin Miner Bankrupt Bitcoin Miner Core Scientific Presents Chapter 11 Plan, Optimistic of Successful Revival

The troubled US-based Bitcoin (BTC) miner Core Scientific has filed its reorganization plan under Chapter 11 of the US bankruptcy law, and now plans to convert debt to equity for creditors.

22.06 / 14:49

Law regulation SEC FTX lawmaker Fried Sam US lawmaker demands answers from SEC on docs related to Sam Bankman-Fried's arrest

Michigan Representative Bill Huizenga, who chairs the United States House Oversight and Investigations Subcommittee, has called out the Securities and Exchange Commission (SEC) for its failure to produce appropriate documents related to the timing of the charges and arrest of former FTX CEO Sam Bankman-Fried.

21.06 / 09:01

business Technology Mining Bankruptcy Bitcoin Bitcoin Miner Bitcoin miner Core Scientific files its Chapter 11 plan

A Chapter 11 plan for bankrupt Bitcoin (BTC) miner Core Scientific has been filed in line with its Chapter 11 proceedings.

20.06 / 17:09

Mobile Chevron Nike UBS Intel Stocks making the biggest moves midday: Goldman Sachs, Avis, Rivian, Nike and more

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20.06 / 00:37

Provident CBDC Digital Citizens CEO IMF IMF Is Working Hard on a Global CBDC Concept, Director Georgieva Said: Bloomberg News

International Monetary Fund Managing Director Kristalina Georgieva said that the agency is “working hard on a concept of global infrastructure” to make sure there is interoperability of settlements between digital currencies that are issued by national central banks, according to Bloomberg News.

16.06 / 22:19

business Blockchain Ethereum defi regulation Scams Fraud On-chain sleuth ZachXBT sued for libel after claiming plaintiff drained funds from project

Blockchain investigator ZachXBT has been sued for libel by one of the people he accused of fraud, according to a June 16 social media post. According to the post, Jeffrey Huang, known as “MachiBigBrother” on Twitter, has accused ZachXBT of damaging his reputation through false allegations.

16.06 / 14:11

regulation ABRA Texas State Securities Board Takes Enforcement Action Against Crypto Firm Abra and CEO Bill Barhydt – What's Going On?

The Texas State Securities Board has issued an emergency cease-and-desist order against crypto lender Abra, claiming that it has been insolvent since at least March 31, 2023.

16.06 / 04:27

business Law regulation ABRA Crypto lender Abra has been insolvent since March, says Texas regulator

Crypto lending firm Abra, which once handled more than $116 million in assets, had allegedly committed securities fraud and has been insolvent since March 31, according to Texas regulators.

16.06 / 02:45

CBDC Adoption Digital Currency privacy Privacy should be considered in ‘potential retail CBDC’ — Treasury official

Privacy and the ability to transact anonymously should be considerations in the design of a digital dollar, a United States Treasury official has said.

13.06 / 20:13

CBDC Digital Treasury The US Treasury Is Looking Into Privacy in Studying the Potential of a CBDC, Official Says

The US Department of the Treasury is looking into privacy behind the potential of a future retail central bank digital currency, a Treasury official said on Tuesday.

30.05 / 14:39

Government Law regulation us government Bitcoin What the ‘anti-mining bill’ means for the crypto industry in Texas

In late April, over a hundred people gathered near the Texas Capitol building to protest.

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