State Texas Financial News

Investing.com — Oil prices slumped on Tuesday, as traders fretted over the diminishing prospect of an impending pivot in Federal Reserve interest rate policy early next year.

By Alex Lawler

Oil prices held steady on Tuesday ahead of key interest rate policy and inflation data announcements, and amid doubts that production cuts by OPEC+ next year would offset crude oversupply and weaker fuel demand growth. Brent crude futures for February were flat at $76.03 a barrel as of 0103 GMT, while U.S.

New Mexico is bracing for the possibility that a bonanza in oil income for the nation's No. 2 oil producing state will end if the world's thirst for oil falters

Occidental is buying oil and gas company CrownRock in a cash-and-stock deal valued at about $12 billion

David Kowach’s new firm, &Partners, continues to add management talent from his former employer, Wells Fargo & Co., where he was head of the brokerage group until 2019.

A suspect accused of murdering a 16-year-old cheerleader whose body was found days earlier in her bathtub has been arrested.

With just three weeks left to the year, nearly all corners of global markets are on track to post gains for 2023, based on a set of index ETFs. The US stock market is still leading the field by a wide margin. Meanwhile, commodities are the downside outlier.

Investing.com — Oil prices settled slightly higher Monday, attempting to steady from the longest drop in five years as investors awaited further catalysts this week as central banks including the Federal Reserve are set to deliver updates on monetary policy.

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By Paul Carsten

Investing.com — Oil prices rose from a near six-month low in early trade on Wall Street on Friday, as investors gauged how stronger than expected U.S. jobs figures could factor into demand in the world's largest crude consumer.

(Reuters) — Activist investor Elliott Investment Management said on Friday that the exit of Crown Castle (NYSE:CCI) CEO Jay Brown, who will be leaving in January, was a step in the «right direction» but more changes were needed at the wireless tower owner.

By Paul Carsten

McDonald's (MCD) announced that it is set to launch the inaugural CosMc's location in Bolingbrook, Illinois, this week.

By Ahmad Ghaddar

Brent crude futures rose 27 cents, or 0.4%, to $74.56 a barrel by 0613 GMT on December 7. US West Texas Intermediate crude futures rose 24 cents, also 0.4%, to $69.62 a barrel, according to a report by Reuters. Oil prices settled on December 6 at the lowest level since June, falling around USD 25 from their September highs amid concerns over oversupply and weaker demand.

House Republicans have approved a bill to block strict new tailpipe pollution limits proposed by the Biden administration, calling the plan a back-door mandate for electric vehicles

Yellowstone" creator Taylor Sheridan and show's star Cole Hauser. Sheridan's coffee company Bosque Ranch is suing Hauser's Free Rein Coffee Company for trademark infringement, unfair competition and false advertising. As per a November 21 suit filed in the Northern District of Texas' federal court in San Angelo, Sheridian has accused Free Rein of using a «strikingly similar» brand mark to Bosque Ranch in order to «mistake or to deceive as to the affiliation, connection, or association» of the company with Bosque Ranch, according to court documents. Bosque Ranch contends that both brands utilize logos composed of intertwined letters, with BR representing Bosque Ranch and FR representing Free Rein. The claim is that these logos are too similar, potentially causing confusion among customers. Bosque Ranch serves as both the name of Sheridan's coffee company, launched in June, and the designation for his multipurpose ranch where productions like «Yellowstone» and its spinoffs are filmed.

A conglomerate of unions in Norway says it will take action against Tesla in solidarity with its Swedish colleagues

Security filings show the Federal Trade Commission is investigating ExxonMobil’s $60 billion deal to acquire a Texas oil company, potentially one the largest energy industry mergers in two decades