State Texas Financial News

03.08 / 05:11

markets UPS economy CME President reports rate cut bets Dollar hits four-month low as weak US jobs data boosts rate cut bets

employment report for July raised expectations that the Federal Reserve will cut interest rates by 50 basis points in September as the economy sours. Employers added 114,000 jobs, below expectations for an increase of 175,000. The unemployment rate rose to 4.3%, above economists expectations that it would be unchanged on the month at 4.1%.

03.08 / 04:53

markets UPS Reuters Manufacturing economy Research show Oil settles at 8-month low after disappointing US job numbers

Oil prices fell on Friday, settling at their lowest since January after data showed the U.S. economy added fewer jobs than expected last month, and weak Chinese economic data added more pressure. Brent crude futures settled down $2.71, or 3.41%, to $76.81 a barrel. U.S. West Texas Intermediate crude futures settled down $2.79, or 3.66%, at $73.52.

02.08 / 21:49

CEO Mobile Chevron wellness Trade reports Exxon Mobil second-quarter profit rises on Pioneer acquisition and surging production

Exxon Mobil’s second-quarter profit rose and was its second-highest for the period of the past decade as it achieved record quarterly production from its Permian and Guyana assets

02.08 / 21:13

WhatsApp community President show Slip of tongue or gaffe? Kamala Harris calls herself 'president', crowd applauds her wildly

Kamala Harris called herself 'president', the crowd went crazy and cheered her wildly. It shows how her popularity is soaring and how Democrat voters and local leaders think about her. It happened when Kamala Harris was delivering a eulogy for the late Rep. Sheila Jackson Lee (D-Texas) Thursday. Standing beside stalwarts like Bill Clinton and former First Lady Hillary Clinton, Kamala Harris recalled that Jackson Lee introduced legislation to make Juneteenth, the day marking the end of slavery in the US – a federal holiday.

02.08 / 21:02

Citi FIVE BAY community 2020 Updates Protecting against floods, or a government-mandated retreat from the shore? New Jersey rules debated

New Jersey officials are defending proposed building rules designed to limit damage from future storms and steadily rising seas in coastal areas

02.08 / 20:58

markets UPS economy pandemic show reports Unemployment rise spurs fears of slowdown, yet recession signals have been wrong — so far

A surprising rise in the unemployment rate last month has rattled financial markets and set off new worries about the threat of a recession — but it could also prove to be a false alarm

02.08 / 18:19

Platform Election TikTok President social pop 2020 Will Taylor Swift endorse Kamala? Here's all about the Swifties' movement to elect Harris

Taylor Swift has not yet indicated whether she would support Democrat presumptive nominee Kamala Harris, but her fans have come out in the open and backed the first black vice president of the country. They have set up a group called 'Swifties for Kamala', which has taken the shape of a movement with hundreds of thousands of people joining it and dominating the social media space. It started when Texas college student Emerald Medrano took to X and wrote in a post that he feels like U.S swifties should mass organize and help campaign for Kamala Harris and spread how horrendous Project 2025 would be.

02.08 / 16:20

markets UPS economy Research President reports Department rate cut bets Dollar hits four-month low as weak jobs data boosts rate cut bets

02.08 / 15:25

markets economy President show country reports Department US job growth slows to 114K in July while unemployment unexpectedly jumps

Construction is booming in states like Arizona, California, Florida and Texas.

01.08 / 22:01

BLOCK Boeing Death Justice Department Courts Lawyers for families of passengers killed in 737 Max crashes ask court to block Boeing plea deal

Families of some of the people killed in Boeing Max crashes are asking a judge to reject a plea agreement that the aircraft maker struck with the prosecutors

01.08 / 18:41

Bitcoin Not All Bitcoin Miners Will Host HPC/AI Data Centers: Here’s Why

Some of the largest Bitcoin ( BTC) miners in the world are using their infrastructure to host high-performance computing (HPC) data centers .

01.08 / 17:24

UPS FIVE Swimming Universities Olympics The American mastermind behind France’s Olympic sensation

NANTERRE, France—As the Marseillaise blared around the arena and a French swimmer soaked in the adulation of his home crowd, a middle-aged American stood off to the side of the starting blocks beaming with pride. He may not have been applauding a countryman, but he was reveling in his handiwork. Bob Bowman is the most successful coach in the history of U.S.

01.08 / 16:09

CEO Dreams wellness Captrust chief says $1T AUM milestone is a ‘surreal achievement’

It was 1997 when Captrust launched as an independent registered investment advisor. Just over a quarter of a century later and it has surpassed a major milestone of $1 trillion in assets under management as of June 30, 2024.

01.08 / 13:46

markets COST Reuters trends show reports Department jobless claims US weekly jobless claims rise to 11-month high

unemployment benefits increased to an 11-month high last week, suggesting some softening in the labor market, though claims tend to be volatile around this time of the year. Initial claims for state unemployment benefits increased 14,000 to a seasonally adjusted 249,000 for the week ended July 27, the highest level since August last year, the Labor Department said on Thursday. Economists polled by Reuters had forecast 236,000 claims for the latest week. Claims have been on an upward trend since June, with part of the rise blamed on volatility related to temporary motor vehicle plant shutdowns for retooling and disruptions caused by Hurricane Beryl in Texas.

01.08 / 12:43

IPO Target CEO Bill Trade social reports Bill Ackman backtracks on Pershing Square US fund

Retail investors who were looking forward to investing in Bill Ackman’s proposed US closed-end fund have been disappointed as the founder and CEO of Pershing Square withdraws from his planned IPO.

01.08 / 11:27

Williams security hospital Features Courts Mistress of Texas Ponzi schemer and ex-advisor gets life in prison

The mistress of a Texas Ponzi schemer who advertised on Christian radio programs was sentenced on Tuesday to life in prison, according to a statement from the district attorney of Tarrant County, which includes Fort Worth and Arlington.

31.07 / 21:28

Citi Provident security Latin information reports Interviews Extortion and gang violence are hitting even big corporations and business leaders in Mexico

Even Mexico's largest corporations are now being hit by demands for protection payments from drug cartels, and gangs are increasingly trying to control the sales, distribution and pricing of certain goods

31.07 / 17:11

UPS CEO Strategy wellness reports Focus eyes next phase with C-suite addition

RIA aggregator Focus Financial appears set for a new chapter in its development as it elevates a key contributor to its intra-network consolidation strategy to C-suite status.

31.07 / 07:07

UPS Google security Photos reports Features Meta agrees to $1.4B settlement with Texas in privacy lawsuit over facial recognition

Officials say Meta has agreed to a $1.4 billion settlement with Texas in a privacy lawsuit over allegations that the tech giant used biometric data of users without their permission

31.07 / 03:10

UPS FIVE track country Oil claws back some losses after Israel retaliates against Hezbollah

Oil futures clawed back some losses on Wednesday, recovering from 7-week lows as geopolitical tensions rose after Israel retaliated against an attack by Hezbollah, although prices remained under pressure from concerns about demand in China. Brent crude futures climbed 39 cents, or 0.5%, to $79.02 a barrel by 0020 GMT ahead of expiry on Wednesday, while the more active October contract was at $78.54, up 47 cents.

30.07 / 22:25

UPS Waters Parke country reports Updates 103 earthquakes in 80 days in Texas! Are oil and gas extractions responsible for this? Details here

Texas has experienced 103 earthquakes in 80 days with some of them measuring about 5 on the Richter scale? Justin Rubinstein, a geophysicist with the U.S. Geological Survey in Menlo Park, California, has said Texas has experienced a total of 103 earthquakes, including 12 of magnitude three or more, reports 'USA Today'. He also said that the state is not a seismically active part of the country and these earthquakes are not occurring naturally. Explaining the phenomenon, Rubinstein said it is «almost 99% likely» to be linked to local oil fields.

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