WASHINGTON (AP) — U.S. home sales increased 2.5% in July, a sign that lower mortgage rates have produced a spurt of home-buying.
WASHINGTON (AP) — President Donald Trump acknowledged Tuesday his aggressive China trade policies may mean economic pain for Americans but insisted they're needed for more important long-term benefits. He contended he does not fear a recession but is nonetheless considering new tax cuts to p…
WASHINGTON (AP) — A strong majority, 74%, of U.S. business economists appear sufficiently concerned about the risks of some of President Donald Trump's economic policies that they expect a recession in the U.S. by the end of 2021.
The "shareholder comes first" has for years been the mantra of the Business Roundtable, a group that represents the most powerful CEOs in America and their thinking.
NEW YORK (AP) — Looking across the stock market, it's hard to find a company that isn't vulnerable in some degree to the U.S.-China trade war.
You're not the only one confused about where the economy is headed. Just look at the stock market, where perplexed investors have been sending stocks on a wild ride in August.
WASHINGTON (AP) — U.S. long-term mortgage rates remained near historically low levels this week against a backdrop of volatile financial markets around the globe.
NEW YORK (AP) — The Dow Jones Industrial Average sank 800 points after the bond market flashed a warning sign about a possible recession for the first time since 2007.
WASHINGTON (AP) — President Donald Trump is not letting up on his attacks on the Federal Reserve, calling for "substantial" Fed rate cuts to allow the dollar to fall in value against foreign currencies.
WASHINGTON (AP) — U.S. long-term mortgage rates fell sharply this week, with the benchmark 30-year loan touching its lowest level since November 2016.
WASHINGTON (AP) — Consumer borrowing slowed in June to the smallest increase in three months as a jump in auto loans and student loans was offset by a big drop in borrowing on credit cards.
The first day of the 2018-2019 academic year is just around the corner and students across the country are preparing for it. And, so are the parents, whom retailers are trying to pursue as back-to-school shoppers.
NEW YORK (AP) — U.S. stocks plunged to their worst loss of the year Monday and investors around the world scrambled to sell on worries about how much President Donald Trump's worsening trade war will damage the global economy.
WASHINGTON (AP) — U.S. long-term mortgage rates were flat to slightly higher this week, hovering around three-year lows as financial markets anticipated the Federal Reserve's cut in its benchmark interest rate for the first time in a decade.
SEATTLE (AP) — The 33-year-old former Amazon software engineer accused of hacking Capital One made little attempt to hide her attack. In fact, she effectively publicized it.
Data breaches can be stunningly expensive for companies both in terms of actual expense but also in loss of consumer confidence. And the attacks are frequent, and increasingly more sophisticated.
WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for the first time in a decade to try to counter threats ranging from uncertainties caused by President Donald Trump's trade wars to chronically low inflation and a dim global outlook.
SEATTLE (AP) — A security breach at Capital One Financial, one of the nation's largest issuers of credit cards, compromised the personal information of about 106 million people, and in some cases the hacker obtained Social Security and bank account numbers.
Spirit of Texas Bancshares, Inc. (NASDAQ: STXB), the holding company for Spirit of Texas Bank, announced July 24 that it is acquiring through a series of mergers Chandler Bancorp Inc. and its subsidiary, Citizens State Bank of Tyler.
DALLAS (AP) — Prosecutors say a third former bank executive in Texas has pleaded guilty in a $1.2 million expense reimbursement scam involving flights, lavish meals and limousines.
WASHINGTON (AP) — White House hopeful Elizabeth Warren is proposing new regulations on the private equity industry, pitching constraints designed to end what she decries as "legalized looting" by investment firms that take over troubled companies.
NEW YORK (AP) — U.S. stocks moved lower in early trading on Wall Street Thursday after Netflix reported a slump in new subscribers and dragged down communications companies.
NEW YORK (AP) — Stock indexes were posting slight losses in midday trading on Wall Street Wednesday as a sharp drop for railroad operator CSX pulled industrial companies broadly lower.
WASHINGTON (AP) — Under sharp criticism from senators, a Facebook executive on Tuesday defended the social network's ambitious plan to create a digital currency and pledged to work with regulators to achieve a system that protects the privacy of users' data.
Kasper & Associates (K&A), a longtime Fort Worth-based merger and acquisition firm, has announced its alliance with Christie’s International Real Estate – Ultrre.
WASHINGTON (AP) — Chairman Jerome Powell signaled Wednesday that the Federal Reserve is likely to cut interest rates late this month for the first time in a decade in light of a weakening global economy and rising trade tensions.
WASHINGTON (AP) — Many of the economic policies being pitched by Democratic presidential candidates are rooted in the ideas pioneered by Joseph Stiglitz, a Nobel Prize-winning economist who teaches at Columbia University.
NEW YORK (AP) — Eleven years after letting Jeffrey Epstein off lightly with a secret deal, federal prosecutors made another run at putting the billionaire financier behind bars on sex charges, accusing him Monday of abusing dozens of underage girls as young as 14.
BERLIN (AP) — The radical and painful restructuring of Germany's Deutsche Bank, which is cutting 18,000 jobs, is the end of a long, failed attempt to compete with the global investment banking giants that left it overextended.
Banks got a big boost last week from the Federal Reserve, which gave the go-ahead to the nation’s biggest banks to buy back more of their stock and pay out more to investors. The Fed announced the results of this year’s so-called stress tests last week, which showed that JPMorgan, Wells Farg…
NEW YORK (AP) — Investors extended a rally through a holiday-shortened day and pushed the S&P 500 index to its third straight record high close on Wednesday. Other major indexes also closed at record highs.
The exhibit Monet: The Late Years, opened on June 16 at the Kimbell Art Museum. Within it is a special work that, though not Monet's, will highlight one particular piece within the collection.
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Tuesday the economic outlook has become cloudier since early May, with rising uncertainties over trade and global growth causing the central bank to reassess its next move on interest rates.
The Board of Trustees for the Fort Worth Employees’ Retirement Fund has unanimously appointed Benita Falls Harper as Executive Director.
JACKSONVILLE, Florida – Fortegra Financial Corporation, an international specialty insurer and subsidiary of Tiptree Inc., has announces a new partnership with LifeSpring, an organization focused on making fertility treatment affordable.
SAN FRANCISCO (AP) — Facebook is getting a taste of the regulatory pushback it will face as it creates a new digital currency with corporate partners.
Extraco Banks of Waco sold its commercial insurance operation to Higginbotham, the companies announced today. Extraco Insurance is a group of five property/casualty insurance professionals operating in Waco, Temple and Hamilton, Texas, for 19 years. They will continue doing business under th…
A North Texas bank that has total reported assets of $9.3 billion completed a merger with a Houston-based financial holding company, expanding its reach.
WASHINGTON (AP) — Jerome Powell has tantalized the financial world with the prospect that the Federal Reserve he leads may soon cut interest rates for the first time in over a decade.
Whataburger announced June 14 that Chicago-based BDT Capital Partners LLC, a merchant bank that advises and invests in family and founder-led companies, has acquired a majority interest in the San Antonio-based, family-run business.
WASHINGTON (AP) — President Donald Trump says he has no intention of ending his public attacks on the Federal Reserve's interest rate policies even though he knows he has made Chairman Jerome Powell's job more difficult.