State Texas Financial News

Automotive News executive editor Jamie Butters discusses the expansion of the UAW strikes and its impact on car buyers.

Key players in the cryptocurrency space are pivoting toward InQubeta ($QUBE) and The Graph ($GRT) as analysts dub them two of the best altcoins to invest in. InQubeta takes on traditional investment giants by providing an alternative way to invest in artificial intelligence (AI). It’s one of the new DeFi projects launched this year and has the potential to become a top crypto coin in a few years. 

Investing.com — Investors who rushed into oil thinking it could be a hedge to the Israel-Hamas war are beginning to find out that black gold isn’t quite the haven as gold itself is reputed to be.

The White House says the dozens of U.S. technology hubs President Joe Biden is announcing will help communities across the country become centers of innovation critical to its competitiveness

By Joseph White

U.S. Representative Tom Emmer, a Republican from Minnesota known for his support of cryptocurrencies and criticism of regulators, has announced his bid for House Speaker.

Investing.com-- Oil prices rose on Tuesday, recovering a measure of steep losses as traders continued to seek new developments in the Israel-Hamas war, while a swathe of upcoming readings on business activity also came into focus.

By Yuka Obayashi

Investing.com — US stock futures were trading higher during Monday's evening deals, with investors bracing for fresh earnings results from major tech companies.

(Reuters) -Elon Musk's tunneling enterprise, The Boring Company, has sold shares owned by employees and investors at a price over 22% higher than in a funding round for the company last year, The Information reported on Monday.

Investing.com — The “no free lunch” metaphor is becoming clearer for the long-oil community that had doubled down on the crisis in Gaza to send the market higher than probably warranted. 

Tesla (NASDAQ:TSLA) confirmed in its quarterly SEC report that the electric automaker has received requests for documents from United States Department of Justice (DOJ) including subpoenas regarding certain matters associated with personal benefits, related parties, vehicle range and personnel decisions.

By Mohi Narayan

Max Verstappen sweat. Even if it was just a little bit. Verstappen had to work through the field after starting sixth instead of from pole position, then held off the charging Mercedes of Lewis Hamilton over the final laps in the Texas heat to win the United States Grand Prix on Sunday at the Circuit of the Americas.

Oil prices eased on Monday as aid convoys started to arrive in the Gaza Strip over the weekend amid diplomatic efforts to contain a conflict between Israel and the Palestinian Islamist group Hamas from spreading to the wider oil-rich region. Brent crude futures fell 60 cents to $91.56 a barrel and U.S. West Texas Intermediate crude futures lost 61 cent to trade at $87.47 a barrel at 0038 GMT. For the past week, contracts rose more than 1% for a second consecutive weekly jump, on fear of potential supply disruption if the Israel-Hamas war grows into a wider confrontation in the Middle East, the world's biggest oil-supplying region. «Israel agreed to hold off its attack on Hamas following pressure from the U.S.,» ANZ Research said in a client note.

Prince Harry was seen in a jovial mood during his visit to a race track in Austin, Texas, in anticipation of the upcoming US Grand Prix. The Duke of Sussex, sporting a relaxed black polo shirt and jeans, appeared to be thoroughly engaged as he interacted with the Mercedes team, although his wife Meghan Markle was notably absent from the excursion. Eager fans caught glimpses of Harry, who wore a pair of sleek black sunglasses, smiling and waving during the visit on Saturday.

WASHINGTON (Reuters) -The top job in the U.S. House of Representatives remained vacant on Saturday, after hardline Republican Jim Jordan failed in his third bid for the gavel and dropped out of the race.

Houston’s next mayor will tackle many challenges similar to ones faced by other large U.S. cities: crime, crumbling infrastructure, budget shortfalls and a lack of affordable housing

Sequoia Financial Group is acquiring M Capital Advisors, a Nashville, Tennessee-based RIA that oversees $930 million in assets, the firm announced Friday.

Cybertruck is anticipated to come in three versions. These will include a single-motor, rear-wheel drive variant as the most budget-friendly option, a dual-motor version featuring all-wheel drive, and a top-tier tri-motor version, which will be the most powerful choice. According to Tesla, the Cybertruck boasts a cargo bed capable of accommodating up to 1,580 kg, and the bed measures 3.2 meters in length for reference.

Rivian Automotive has confirmed that it will move ahead with construction on a factory in Georgia early next year