State Texas Financial News

LPL Financial has gained a team of five advisors previously with Ameriprise, managing approximately $550 million in client assets.

By Jeslyn Lerh

Investing.com-- Oil prices steadied in Asian trade on Friday after a weakened dollar and easing concerns over the Israel-Hamas war spurred wild swings over the prior sessions, although they were still set to close lower for a second straight week.

Oil prices were little changed on Friday, heading for their second straight week of losses as the U.S. central bank left the door open for possible future rate hikes and worries that the Middle East conflict would disrupt supply eased. Brent crude futures rose 6 cents to $86.91 a barrel by 0010 GMT, while U.S.

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Marathon Digital has begun mining Bitcoin (BTC) using power generated from methane gas siphoned off a landfill. The 280-kW off-grid pilot project is operating in Utah.

Jamie Dimon said Texas risks undermining its business-friendly reputation with laws designed to punish Wall Street banks for policies that limit work with the gun and fossil fuel industries.

A professor from the Texas A&M University School of Law recently published research exploring blockchain technology use cases in the world of copyright administration. According to their findings, blockchain has the potential to radically alter the way intellectual property is handled both “domestically and internationally.” 

Charles Schwab laid off about 5% to 6% of its workforce this week.

Federal officials say their investigation into a Colorado coal train derailment that killed a truck driver and shut down a major highway is focused on whether inspection and maintenance practices at BNSF Railway contributed to the accident

US Federal Reserve kept benchmark interest rates on hold. Brent crude futures were up 91 cents, or 1.08 per cent, at $85.54 a barrel, while US West Texas Intermediate crude futures gained 83 cents, or 1.03 per cent, to $81.27 a barrel.

Texas Rangers on Wednesday scripted history by clinching their maiden World Series championship. Leading 3-1 and on the verge of finishing the series away from home, Texas secured a 5-0 victory over the Arizona Diamondbacks, winning the World Series 4-1. Maintaining their impressive MLB postseason streak, the Rangers extended their record to 11-0 on the road in a single postseason. Seager bagged the MVP award, becoming fourth player in the history of the sport to win multiple World Series MVP Awards after multiple clutch plays throughout. The rival Diamondbacks clocked more hits than Texas in the both the last two games but were not able to capitalise.

Six Flags and Cedar Fair, two of the largest amusement park companies in the United States and Canada, are merging to combine forces in a transaction valued at $8 billion. The firms, collectively, have influence over 27 theme parks and 15 water parks in the United States of America, Canada, and Mexico. Both Six Flags and Cedar Fair are located in separate regions of North America; therefore, a unified firm could assist them in better managing seasonal attendance fluctuations at their theme parks. Cedar Fair also owns Knott's Berry Farm in Buena Park, California; Schlitterbahn water park in Texas; and Canada's Wonderland in Ontario, in addition to Cedar Point, which is located in Sandusky, Ohio and serves as the company's main amusement park.

Charles Schwab Corp. finished cutting as much as 6% of its 35,900 member workforce, amid efforts to curb costs as it continues to integrate TD Ameritrade, according to a company spokesperson. 

By Robert Harvey

Investing.com-- Oil prices jumped from a one-month low in Asian trade on Thursday as weak U.S. economic readings and middling comments from the Federal Reserve saw traders pricing in a diminished chance of more interest rate hikes, denting the dollar.

Oil prices edged higher in early trade on Thursday as the conflict in the Middle East kept investors on edge about whether it could disrupt oil supplies around the region. Brent crude futures rose 38 cents at $85.01 a barrel by 0000 GMT, while U.S. West Texas Intermediate crude futures gained 46 cents at $80.90 a barrel. Iran's Supreme Leader Ayatollah Ali Khamenei called on Muslim states to cease oil and food exports to Israel, demanding an end to its bombardment of the Gaza Strip, state media reported. Iran, a member of the Organization of the Petroleum Exporting Countries (OPEC), produced around 2.5 million barrels per day of crude in 2022, according to U.S.

Hawaii has been convicted of conspiracy, passport fraud and identity theft for stealing the names of dead babies.A jury in Hawaii deliberated for about two hours before handing down a guilty verdict to Walter Glenn Primrose and Gwynn Darle Morrison, who had been living under the names Bobby Fort and Julie Montague, respectively, for decades.Prosecutors argued during the trial that Primrose and Morrison assumed the stolen identities in order to dodge substantial debts they had accrued. Primrose went on to spend 20 years working for the U.S.

Investing.com — The oil bull has come up for gasping for air after October’s sinking of crude prices — and isn’t finding relief from a Federal Reserve indicating that current US interest rates may not be high enough to effectively curb inflation.

Investing.com — US crude stockpiles grew by less than half of forecast levels while gasoline and distillate balances saw modest changes as well in one of the least consequential weekly inventory reports for the year, released on Wednesday by the government.

The operator of the Keystone pipeline system and the U.S. Environmental Protection Agency say that the company has finished cleaning up a massive December 2022 oil spill in northeast Kansas