State Texas Financial News

Severe weather threat, including tornado, is expected to expand its reach on Monday, stretching further eastward and encompassing approximately 19.5 million individuals across the Southern region in the US. Severe weather threat includes Texas cities such as Austin, San Antonio, Waco, Houston and Corpus Christi. Apart from Texas and its areas, Shreveport, New Orleans, and other parts of Louisiana are under weather watch. Southern Arkansas, and Mississippi will also inclement weather. The weather comes on the heels of a stormy April in which the US had 300 confirmed tornadoes, the second-most on record for the month and the most since 2011. Both the Plains and Midwest have been hammered by tornadoes this spring, as per an AP report.

University of Texas at Austin (UT Austin) and Rice University in Houston have been recognized by Forbes magazine as being among the top universities in the United States, similar to the prestigious Ivy League institutions. Forbes developed their own criteria for this ranking, excluding the traditional Ivy League schools and other well-known universities. Schools were evaluated based on factors like attracting high-achieving students, employer satisfaction, and admissions selectivity. UT Austin and Rice University are joined on the Forbes' list by other well-respected public universities like the University of Michigan and University of Virginia, along with private institutions like Johns Hopkins University and Carnegie Mellon University.

Ivy League university was a guaranteed ticket to success. However, a recent Forbes survey suggests this trend is fading. Employers are increasingly looking beyond the Ivy League for talented graduates. The survey revealed a growing dissatisfaction with Ivy League graduates, with 33% of hiring managers indicating a decreased preference for them compared to five years ago. This shift coincides with concerns about recent campus controversies and the perceived value of an Ivy League education. In contrast, public universities and select private schools are gaining favor. The survey found that 42% of employers are more likely to hire graduates from public universities, and 37% expressed a preference for graduates from top private non-Ivy League colleges.

The U.S. banking industry won a key victory in its effort to block the implementation of a Consumer Financial Protection Bureau rule that would've drastically limited the fees that credit card companies can charge for late payment.

A Colorado abortion fund said Thursday it’s helped hundreds access abortion in the first months of 2024, the majority arriving from Texas where abortion is restricted

A federal judge in Texas temporarily halted a plan by the Biden administration to lower late fees on credit cards to $8 that was slated to go into effect next week

PTI. Shah during his interaction also added that there has been no precedent of having different coaches for different formats.

Oil prices rose on Friday, continuing upwards trend on the signs of improving economy in China and as negotiations to halt hostilities in the stand-off between Israel and Hamas yielded no results. Brent futures rose 37 cents, or 0.4%, to $84.24 a barrel, while U.S. West Texas Intermediate crude grew 41 cents, or 0.5%, to $79.64 at 0003 GMT.

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Stocks that traded heavily or had substantial price changes on Tuesday: Kenvue, Crocs rise; Disney, Teradata fall

Steward Health Care says it plans to sell off all its hospitals after announcing this week that it filed for bankruptcy protection

Remember the days when the price of oil would go up and the loonie would follow suit?

Oil prices fell in early Asian trading hours on Wednesday after market sources said that data from the American Petroleum Institute showed an increase in U.S. crude and fuel stockpiles, an indicator of weak demand. Brent crude oil futures fell 21 cents, or 0.3%, to $82.95 a barrel by 0020 GMT. U.S. West Texas Intermediate crude futures fell 13 cents, or 0.2%, to $78.25 a barrel.

The recently completed Trans Mountain pipeline expansion will boost Canadian oil prices for “years” to come, an executive with oilsands producer MEG Energy Corp. said Tuesday.

SINGAPORE–When Elon Musk made a surprise visit last month to Beijing, the Tesla chief executive brought along a trusted lieutenant: Tom Zhu, the company’s former China head who had skyrocketed through the ranks as a turnaround guru. Now, Zhu—one of just three senior executives including Musk currently named on Tesla’s website—is getting deployed from Tesla’s Texas headquarters back to China at a vulnerable time for the world’s most valuable automaker, according to a person familiar with the matter. Zhu, who was born in China and educated in the U.S.

The New York Times and The Washington Post were awarded three Pulitzer Prizes apiece for work in 2023 that dealt with everything from the war in Gaza to gun violence, and The Associated Press won in the feature photography category for coverage of glob...

Home health care provider Elara Caring is being sued by the husband of a Connecticut visiting nurse who was killed during an appointment with a convicted rapist

Struggling to give teachers meaningful raises, some school districts are adding a new perk — subsidized, on-site child care for their kids

Brad Parscale, the digital guru behind Donald Trump's surprise 2016 presidential victory, has become an evangelist about the power of artificial intelligence to transform how Republicans campaign for office

Hospital operator Steward Health Care has filed for bankruptcy protection, but pledged to maintain the eight hospitals it operates in Massachusetts

Oil prices ticked up early on Tuesday after Israel struck Rafah in Gaza while negotiations for a ceasefire with Hamas continued without resolution. Brent crude futures were up 46 cents, or 0.55%, at $83.79 per barrel at 0010 GMT, while U.S. West Texas Intermediate (WTI) crude futures rose 46 cents, or 0.59%, to $78.94 a barrel.