Texas markets

Cheba Hut brings its cannabis and deli theme to new markets | Franchise News

Cannabis-themed sandwich brand Cheba Hut opened its 50e location recently in Washington, marking the company’s continued growth outside of its Southwestern origins. Founded in 1998, Cheba Hut was born in Arizona, and in the years since the brand has grown there, into Colorado and New Mexico. Cheba Hut has overtaken this region in recent years, […]

Texas markets

Daily Markets: Markets Rise on Global Rate Hikes

The big picture today Asia-Pacific stock indices ended today’s session ahead as the Japanese Nikkei gained 0.53%, Australia’s ASX All Ordinaries rose 0.76%, China’s Shanghai Composite rose rose 0.82% and the Indian Sensex gained 2.31%. Hong Kong’s Hang Seng closed up 2.69% on a broad rally led by non-energy minerals and health-tech names. South Korean […]

Texas capital

Texas Capital Bancshares, Inc. (NASDAQ:TCBI) Expected to Earn $1.21 Per Share in Q3 2022

Texas Capital Bancshares, Inc. (NASDAQ:TCBI – Get Rating) – Equity researchers DA Davidson cut their third-quarter 2022 earnings estimates for Texas Capital Bancshares shares in a research note released to investors Thursday, 8 september. DA Davidson analyst G. Tenner now expects the bank to post earnings per share of $1.21 for the quarter, down from […]

Texas economy

Governor Abbott talks about new jobs and economic growth at the PE

EL PASO, Texas (KTSM) – Governor Gregg Abbott held a press roundtable today at WestStar Bank in downtown El Paso. Governor Abbott spoke about the booming economy, growing businesses and new job opportunities. According to Abbott, a new Schneider electrical plant will create 400 new jobs in El Paso and says it will become the […]

Texas markets

GLOBAL MARKETS- Stocks and bond yields rise after ECB’s record rate hike, comments Powell

Global stocks and government bond yields rose on Thursday after the European Central Bank raised interest rates by a record 75 basis points and Federal Reserve Chairman Jerome Powell said that the US central bank was “strongly determined” to control inflation. The ECB also signaled further hikes to fight inflation, even as the bloc’s economy […]

Texas capital

BofA Securities downgrades Texas Capital Banc shares to underperform from neutral, adjusts price target to $55 from $57

Newswires MT 2022 All the news from TEXAS CAPITAL BANCSHARES, INC. TEXAS CAPITAL BANCSHARES, INC. Analyst Recommendations 2022 sales 965 million – – Net income 2022 172M – – Net debt 2022 – – – PER 2022 ratio 15.4x 2022 return – Capitalization 2,991 […]

Texas capital

Texas Capital Bancshares (NASDAQ:TCBI) rating downgraded to underperform Bank of America

Texas Capital Bancshares (NASDAQ:TCBI – Get Note) was downgraded by Bank of America research analysts from a “neutral” rating to an “underperforming” rating in a research note released Thursday to investors, reports The Fly. They currently have a price target of $55.00 on the bank’s stock. Bank of America’s price target points to a potential […]

Texas markets

Recession fears and supply issues in Europe weigh on North American natural gas markets ahead of winter

With a U.S. recession looking more likely in 2023 and uncertainty surrounding natural gas flows from Russia to Europe, natural gas markets could experience a bumpy ride heading into the shoulder and winter seasons. “Our baseline is that you will see a recession in 2023,” Macquarie Group Ltd chief economics officer David Doyle told NGI. […]

Texas capital

Baker Botts Ranks No. 1 in Texas Capital Markets Transactions for H1 2022 | New

HOUSTON, September 7, 2022 – The Texas Law Book ranked Baker Botts as the top legal counsel – both by number and deal value – for capital markets transactions conducted by Texas-based attorneys in the first half of 2022. According to the publication, Baker Botts led all law firms with 17 deals worth $10.5 billion […]

Texas capital

Stocks to watch: Texas Capital Bancshares sees RS rating rise to 87

Wednesday, Texas Capital Bancshares (TCBI) got an upgrade in its Relative Strength Rating (RS), from 78 to 87. When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength. This proprietary rating identifies technical performance by showing how a stock’s price movement over the past 52 weeks […]

Texas markets

Asia-Pacific markets are trading lower; China’s trade data in August beats expectations

The yen could exceed 150, 160 in the “coming months”, says Jesper Koll The Japanese yen could weaken even further, Monex Group Director Jesper Koll told CNBC’s “Street Signs Asia.” “I think the parabolic overshoot is still on track, so I think we’re going to see 150, 160 at some point in the next two […]

Texas capital

Texas Capital strikes $3.4 billion deal that gives wind to its flagship

Texas Capital Bancshares Inc. is selling its insurance premium financing subsidiary in a $3.4 billion deal that gives it cash to invest in ‘creating the flagship full-service financial services company in Texas,” the company announced Tuesday. The Dallas-based parent company of Texas Capital Bank has agreed to sell its BankDirect Capital Finance business, including a […]

Texas markets

Russia’s oil price cap is no ‘panacea’ for global energy markets, experts warn

The Group of Seven (G7) plan to impose a price cap on Russian crude oil is not a “panacea” for international energy markets and could worsen conditions, experts say. G7 finance ministers recently agreed to institute a price cap on Russian oil in a bid to cripple the country’s revenues that help pay for its […]

Texas capital

Texas Capital Bancshares, Inc. Announces More

Expected to be financially accretive and offer significant capital generation, improved liquidity profile, greater funding flexibility Improves financial resilience to support the growth of our Texas-based commercial customer strategy Consistency with transformation initiatives to reallocate our balance sheet and improve customer relevance DALLAS, Sept. 06, 2022 (GLOBE NEWSWIRE) — Texas Capital Bancshares, Inc. (“Texas Capital”) […]

Texas markets

Mostly higher inventories; RBA hikes interest rates

The Reserve Bank of Australia building in Sydney, Australia, Monday, September 6, 2021. David Gray | Bloomberg | Getty Images Stocks in the Asia-Pacific region traded mostly higher on Tuesday as Australia’s central bank raised interest rates again. Mainland China Shanghai composite added 1.36% to 3,243.56 and the Shenzhen Component rose 1.037% to 11,799.81 after […]

Texas markets

Live updates: Asian markets fall as interest rate concerns persist

The long hot summer is coming to an end. And as resolutions to the current economic and political conflicts seem far from resolved – the UK’s summer of discontent, for example, turns into an autumn of industrial unrest – we will enter a new season of leadership in the next seven days. The election for […]

Texas markets

Key data points to strong economy Markets are better informed

Housing affordability and mortgage payments as a percentage of income Refinitiv The reaction and direction of the market was always going to be on the jobs numbers. At first glance, the BLS salary survey’s +315K looked “solid,” and stocks were up more than 1% early Friday. But, as the analysis progressed, the markets ended the […]

Texas economy

Ray Perryman: Low Literacy Rates Hurt Texas Economy | Columnists

Literacy is essential to many daily activities, and its importance to individual well-being can hardly be overstated. At a time of labor shortages, it is quickly becoming an economic imperative. The Program for the International Assessment of Adult Competencies defines five levels of proficiency. Adults who are “Below Level 1” can, at best, read brief […]

Texas markets

11 payers entering and exiting markets

Jacob Emerson- Friday, September 2, 2022 From Cigna’s new ACA plans to several states awarding Medicaid contracts, here are 11 recent payer moves to exit or enter markets since August 10: UPMC Health Plan will be available to Medicaid members across Pennsylvania beginning September 1, Philadelphia Business Journal reported. Iowa said Aug. 31 […]

Texas markets

U.S. jobs report, interest rate hike outlook

Fri Sep 2, 20229:33 a.m. EDT Stocks open higher after strong August jobs report Stocks jumped at the open on Friday, extending last-minute gains from the previous session after the August jobs report came in about as expected. The Dow Jones Industrial Average jumped about 140 points, or 0.5%, while the S&P 500 and Nasdaq […]

Texas economy

HEGAR: Strong Texas Economy Pushes State Sales Tax Revenue Up 13% From August 2021 | texasinsider

“Economic growth and inflation have led to higher sales tax collections as demand remains strong and businesses and consumers continue to pay high prices for goods.” Texas Insider Report: AUSTIN, Texas – Sales tax revenue for the three months ending August 2022 was up 14.7% from the same period a year ago, and “revenue continues […]

Texas markets

GLOBAL MARKETS – Stocks forecast 3% weekly loss, dollar soars ahead of US jobs data

Global stocks were heading for a 3% loss on the week as the dollar hit 24-year highs against the yen for a second day on Friday ahead of key US jobs data, as investors prepare for aggressive rate hikes from the Federal Reserve. Further lockdowns in China are also fueling concerns about global growth, […]

Texas markets

Austin’s Best Food and Drink Events This Week: Dinner Parties, Farmers’ Markets, Beer, Wine and More for the Week of September 1, 2022

thursday 1 AUSTIN RESTAURANT WEEKS Great food, good business and community enrichment are on the menu – Everybody‘s menu – at this tasty ten-day annual fundraising event, a culinary odyssey that includes lunches, dinners and cocktails at special prices in Austin restaurants. The Vixen’s Wedding! At Uncle Nicky’s! grocery! Distant relatives! Intero! bangers! fresh thai! […]

Texas markets

Global stocks in trouble as markets bet on rising borrowing costs

GLOBAL CAPITALS: With markets betting that the US Federal Reserve and the ECB will both raise their key borrowing costs by 75 basis points when they meet next month, stock markets struggled to recover on Wednesday after a three-day losing streak, as stubborn inflation that has central banks on both sides of the Atlantic preparing […]

Texas markets

AZ Big Media Metro Phoenix Moves to Top 10 Buyer’s Market

Struckthe fast-growing fintech that is turning all homebuyers into Power Buyers, today announced the launch of the Knock bid-ask market indexwhich revealed that the U.S. real estate market began shifting to buyers in July for the first time since 2017 — and Metro Phoenix now ranks among the top 10 buyers’ markets. The new index […]

Texas economy

Texas economy slows, in manufacturing and services

The Texas economy is showing signs of slowing, especially in manufacturing and retail. That’s the gist of two new reports from the Federal Reserve Bank of Dallas, which show declining manufacturing, service-sector and statewide retail activity in August. Reports point to ongoing supply chain issues, rising prices and employment challenges across all sectors of the […]

Texas economy

Texas economy is increasingly service oriented

Twenty years ago, services accounted for about 63% of employment and nearly 55% of real gross product (RGP) in Texas. By 2021, we estimate it had risen to 69% of employment and around 60% of RGP. Image for illustrative purposes – Advertising – Texas Border Affairs Dr. M. Ray PerrymanPresident and CEO of the Perryman […]

Texas capital

Texas Capital Bank appoints head of private banking

Texas Capital Bank, the Dallas-based subsidiary of Texas Capital Bancshares Inc., has named Bryan Kucholtz as executive vice president, head of private wealth, the company said. Kucholtz will be responsible for managing all aspects of Texas Capital Bank’s private wealth business across the firm’s footprint, including estate and wealth planning strategies, investment management, trust and […]

Texas economy

The economy of Collin County, Texas is changing and diversifying as new business users emerge

Pictured is a rendering of one of the amenity centers in a subdivision of Legacy Hills, a 3,200-acre development in Celina. In addition to 7,000 single-family homes, the development will house over 4,000 multi-family units, 100 acres of commercial space, and multiple other outdoor features and uses, all designed to meet the needs of Collin […]

Texas capital

Stocks show renewed technical strength: Texas Capital Bancshares

Wednesday, Texas Capital Bancshares (TCBI) got a positive adjustment to its Relative Strength Rating (RS), from 75 to 82. X When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength. IBD’s unique RS Rating measures market leadership using a score from 1 (worst) to 99 (best) […]

Texas markets

Drew Brees Opens First Everbowl® Franchises in LA and IN Markets

Enter Wall Street with StreetInsider Premium. Claim your one week free trial here. SAN DIEGO, Aug. 30, 2022 (GLOBE NEWSWIRE) — California-based artisan superfood chain Everbowl® (www.everbowl.com) is teaming up with future Hall of Fame quarterback Drew Brees to open its first stores in Baton Rouge, LA, and West Lafayette, IN. The openings mark Brees’ […]

Texas markets

Stocks mixed after steep falls in previous session

Pedestrians cross a road past an electronic quotation board displaying company stock price numbers on the Tokyo Stock Exchange in Tokyo on May 13, 2021. KAZUHIRO NOGI | AFP via Getty Images Asia-Pacific stocks were mixed on Tuesday after falling sharply earlier in the week following Fed Chairman Jerome Powell’s hawkish speech in Jackson Hole. […]

Texas markets

Oil rises on prospect of OPEC+ supply cut – Markets

LONDON: Oil rose nearly 1% on Monday as potential OPEC+ production cuts and the conflict in Libya helped offset a strong US dollar and a dire outlook for US growth. Saudi Arabia, the de facto leader of the Organization of the Petroleum Exporting Countries (OPEC), last week raised the possibility of production cuts, which sources […]

Texas markets

THIS WEEK IN THE ARTS | Live Music, Farmers Markets, K-State Sports and More | Area

Kansas Children’s Day Outdoors, 10 a.m. Free event hosted by the Tuttle Creek State Park Friends Group. Magic at the Farm, 4 p.m. Jack the Magician will perform. A&H Farm, 1374 Collins Lane. Paint and Sip: Moonlit Seascape, 6:00 p.m. Also Paint and Sip: Misty Mountains at 4 p.m. Sunday; Hand-made clay pottery at 6 […]

Texas markets

Suburban Philly is one of the most competitive rental markets in the United States

Suburban Philadelphia is one of the most competitive rental markets in the country – more competitive than the city of Philadelphia. Suburban Philadelphia ranks 17th in most competitive rental markets, according to a RentCafe Online Rental Market Report. The analysis took into account occupancy rates, rental supply, the number of tenants competing for each rental […]

Texas markets

OPEC+ member states back Saudi Arabia’s stance on balancing oil markets

A statement by Saudi Energy Minister Prince Abdulaziz bin Salman on balancing oil markets was met with an outpouring of support from OPEC+ member states. The UAE is aligned with Saudi Arabia’s thinking on crude oil markets, a source with knowledge of the matter told Reuters on Friday. The minister on Monday raised the possibility […]

Texas markets

GLOBAL MARKETS – Stocks slide, dollar rises as Powell warns of economic woes

A global stock market index fell as short-term US Treasury yields jumped on Friday after Federal Reserve Chairman Jerome Powell said the US economy will need tight monetary policy “for a while” before inflation is under control. The dollar erased early losses to turn positive against a basket of currencies, while gold, which is losing […]

Texas economy

Fighting ESG Efforts to Destroy the Texas Economy

AUSTIN — Texas is leading the fight to curb the expansion of the environmental, social and governance (ESG) movement, a woke investing strategy that prioritizes subjective environmental and social metrics over financial metrics that guarantee returns quality for investors. ESG is estimated to have withdrawn 90% of investment in reliable power over the past five […]

Texas markets

European stock markets end with mixed numbers

(MENAFN) European stocks ended mixed on Wednesday. The STOXX Europe 600, which contains almost 90% of European market capitalization in 17 countries, rose 0.70 points, or 0.16%, to end at 432.05. France’s CAC 40 was the day’s best performer, climbing 24.7 points, or 0.39%, to end at 6,386. Italy’s FTSE MIB jumped 51.4 points, or […]

Texas capital

Dinosaur Tracks in Texas – Capital Gazette

As a punishing drought hits parts of the world this summer, bodies of water have dried up exposing submerged relics from World War II in Europe, multiple sets of human remains at Lake Mead outside Las Vegas , and even an entire village in Spain. The latest discovery as the water level drops: dinosaur tracks […]

Texas economy

Rapidly declining economy, more data, FOMC, markets, student debt, OXY trading

People look at me and say Is the end near, when is the last day? What is the future of humanity? How do I know, I’ve been left behind Everyone goes through changes Seeking to find the truth don’t look to me for answers Don’t ask me. I do not know. – Osbourne, Rhoads, Daisley […]

Texas capital

Texas Capital Bank Review: Lots of Banking Options and Low Monthly Fees

GOBanking Rates Score Quick take: Texas Capital Bank offers one-stop banking services for customers due to its variety of offerings. It offers products for personal banking, business needs and wealth management. Its CDs are particularly noteworthy, ranking #20 on GOBankingRates’ Best CD Accounts list. The following Texas Capital Bank review breaks down the bank’s products […]

Texas capital

Texas Capital Bancshares, Inc. (NASDAQ: TCBI) given average brokerage “hold” recommendation

Shares of Texas Capital Bancshares, Inc. (NASDAQ:TCBI – Get Rating) received a consensus recommendation of “Hold” by the ten brokerages that cover the company, reports MarketBeat Ratings. One research analyst rated the stock with a sell recommendation, three gave the company a hold recommendation, one gave the company a buy recommendation and one gave the […]

Texas economy

Loan forgiveness could hurt economy, says UTEP professor

EL PASO, Texas (KTSM) — The Biden administration is expected to make a decision on blanket student debt forgiveness before the self-imposed Aug. 31 deadline. The president reiterated that if he used his authority for loan forgiveness, it would not be for more than $10,000 per person. Nathan Ashby, professor of economics at UTEP, explained […]

Texas economy

Texas Tech students return, bringing much-needed boost to Lubbock’s economy

LUBBOCK, Texas (KCBD) — More than 42,000 Texas Tech students are returning this week, bringing revenue to local businesses and traffic to the streets of Lubbock. Local business leaders say these students are having a huge impact on Lubbock’s economy. They make up a large part of the workforce and help generate revenue for many […]

Texas markets

Crude Oil Price Forecast – Oil Markets Collapse

WTI Crude Oil Technical Analysis The West Texas Midsize Crude Oil market rallied a bit during Tuesday’s trading as Saudi Arabia suggested it may have to readjust or rethink crude oil production as prices have dropped quite sharply. That being said, on the other side of the equation, you have the possibility of the Iranians […]

Texas capital

Swiss National Bank acquires 8,100 shares of Texas Capital Bancshares, Inc. (NASDAQ: TCBI)

The Swiss National Bank increased its holdings of shares in Texas Capital Bancshares, Inc. (NASDAQ: TCBI – Get Rating) by 7.3% in Q1, according to its most recent Form 13F filing with the SEC. The company held 119,650 shares of the bank after purchasing an additional 8,100 shares during the period. The Swiss National Bank […]

Texas economy

Slowing economy and increased production drive down milk prices

Milk prices are falling. Class III price peaked in May at $25.21, fell to $22.52 in July and August will be around $20. Class IV price peaked in June at $25.83, declined to $25.79 in July and August will be around $24.70. Slightly higher milk production and inflation, as well as a slowing economy that […]

Texas markets

These vacation home markets have the highest demand

Judi Bottoni AP file While the old saying on location and real estate can to be changing for those who work remotely, this has never been truer for those who to rent out vacation properties – a house just steps from South Beach or a condo in West Hollywood can fetch hundreds of thousands of […]

Texas economy

UK economy shrinks the most since 1709 during pandemic as figures are revised again | app

Britain’s economy has shrunk the most in three centuries in 2020, according to new statistics which highlight the devastating economic damage caused by the Covid-19 pandemic. In its annual Blue Book reviews released on Monday, the Office for National Statistics said the economy had contracted by 11%, down from the 9.3% it had previously estimated. […]

Texas capital

Texas Capital Bancshares, Inc. (NASDAQ:TCBI) Shares Acquired by Teacher Retirement System of Texas

Teacher Retirement System of Texas increased its stake in Texas Capital Bancshares, Inc. (NASDAQ:TCBI – Get Rating) by 5.3% during the first quarter, HoldingsChannel reports. The company held 10,322 shares of the bank after purchasing an additional 516 shares during the quarter. The Teacher Retirement System of Texas holdings in Texas Capital Bancshares were worth […]

Texas markets

Asia-Pacific markets were mixed as concerns about the Fed’s aggressive hikes resurfaced; China cut be

Japan -0.50%. China +0.40%. The Chinese central bank lowered its one-year key rate by 5 basis points to 3.65% (instead of 3.7%) and its five-year rate by 15 basis points to 4.3% (instead of of 4.45%). hong kong -0.17%. Australia -0.93% India -1.00%. South Korean exports +3.9% so far in August. On On Tuesday, Australia […]

Texas economy

Political Economy of the Alex-Jones

A Texas civil court has found that Alex Jones defamed the parents of a young child killed in the 2012 Sandy Hook massacre. He was ordered to pay $49 million in damages, including damages- punitive interests. Among other things, Jones had claimed that the massacre was a hoax, a fake shooting organized by the government. […]

Texas economy

GOP governors make a paradoxical argument about the US economy

TALLAHASSEE, Fla. — Gov. Greg Abbott, R-Texas, often hits out at President Joe Biden for high inflation and a looming recession — a standard GOP argument ahead of the November election. But inflation is even worse in major cities in Texas than in the country as a whole. Government figures show inflation is 10.2% in […]

Texas economy

For Republican governors, all economic success is local. “The ‘national economy’ is this nebulous thing that none of us really know about,” says expert

WASHINGTON — Gov. Greg Abbott, R-Texas, often hits out at President Joe Biden for high inflation and a looming recession — a standard GOP argument ahead of the November election. But inflation is even worse in major cities in Texas than in the country as a whole. Government figures show inflation is 10.2% in the […]

Texas capital

Robert W. Stallings buys 8,000 shares of Texas Capital Bancshares, Inc. (NASDAQ: TCBIO)

Texas Capital Bancshares, Inc. (NASDAQ: TCBIO – Get Rating) Director Robert W. Stallings purchased 8,000 shares of the company in a trade that took place on Tuesday August 16th. The shares were purchased at an average cost of $65.35 per share, with a total value of $522,800.00. Following the purchase, the director now directly owns […]

Texas economy

USMCA energy consultations could hurt Mexico’s economy, expert lawyer says

Mexico must reach an agreement during the consultation period with its trading partners under the United States-Mexico-Canada Agreement (USMCA) in an energy policy dispute, said Teresa Gallegos, expert lawyer in the Mexican energy industry. NGI IPS from Mexico. If not, “Mexico will be in a very unfavorable position which will undoubtedly have a negative impact […]

Texas markets

Crude Oil Price Forecast – Crude Oil Markets Attempt to Recover

WTI Crude Oil Technical Analysis The West Texas Intermediate Crude Oil market initially retreated during the trading session to fall below the $90 level. However, we have turned around to show signs of life, and now it looks like we will go higher, perhaps the 200-day EMA just below the $95 level. The 50-day EMA […]

Texas markets

CarMax plans hiring event in 15 markets

CarMax wants to increase its workforce, so the used-vehicle retailer is set to hold a major hiring event Thursday at 15 of its locations nationwide. The company said in a press release that it will interview candidates for a variety of positions, including technicians, draftsmen, painters, supply associates, and more. CarMax said there will be […]

Texas markets

Periodic updates on grain and livestock futures markets

(Illustration by Nick Scalise) By DTN analysts OMAHA (DTN) – After Friday’s open at 8:30 a.m. CDT, wheat prices are starting with small gains after the National Weather Service’s rain forecast shifted a little southerly, limiting the benefits of conditions fall sowing for winter wheat. KC September wheat is up 3 1/4 cents and Minneapolis […]

Texas markets

Global markets fall after Wall Street gains on jobs data | app

BEIJING (AP) — Global stock markets and Wall Street futures fell on Friday after unexpectedly strong U.S. jobs data gave way to further interest rate hikes to calm the economy. ‘inflation. London, Shanghai, Tokyo and Frankfurt fell. Oil prices fell slightly but remained above $90 a barrel. × This page requires JavaScript. Javascript is required […]

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Victory Capital Management Inc. sells 843 shares of Texas Capital Bancshares, Inc. (NASDAQ: TCBI)

Victory Capital Management Inc. reduced its holdings of Texas Capital Bancshares, Inc. (NASDAQ: TCBI – Get Rating) stock by 6.8% in the first quarter, the company said in its latest 13F filing with the Securities and Exchange Commission. . The fund held 11,517 shares of the bank after selling 843 shares during the quarter. Victory […]

Texas economy

UK’s Liz Truss says the defining mission will be to revive the economy

US crude inventories fall 7.1 million barrels, much more than expected US oil refiners aim to operate at full capacity, avoiding fears of recession OPEC chief says he blames policymakers and lawmakers for price hikes (overhauls, price updates) SINGAPORE: Oil prices fell on Friday after two days of gains as market participants weighed concerns about […]

Texas markets

GLOBAL MARKETS – Stocks choppy, US yields fall as investors digest Fed minutes

Global equity markets were choppy and U.S. Treasury yields fell on Thursday as uncertainty over the pace of interest rate hikes prevailed among investors after Federal Reserve meeting minutes were released. showed that officials were determined to curb rising prices. Markets have been volatile amid worries about a looming recession, even though Fed officials said […]

Texas capital

Texas Capital Bancshares, Inc. (NASDAQ:TCBI) Director Robert W. Stallings buys 8,000 shares

Texas Capital Bancshares, Inc. (NASDAQ:TCBI – Get Rating) Director Robert W. Stallings acquired 8,000 shares of the company in a transaction that took place on Tuesday August 16th. The shares were acquired at an average cost of $65.35 per share, with a total value of $522,800.00. As a result of the transaction, the administrator now […]

Texas economy

US arms companies under pressure from Mexican lawsuit | Business and Economy News

Mexico City, Mexico – As a wave of gun violence, including the elementary school massacre in Uvalde, Texas, continues to unfold across the United States, the Mexican government has not missed the opportunity to address the historic trial that he sued a year ago in Massachusetts District Court. against 10 American arms manufacturers and distributors. […]

Texas markets

Austin’s Best Food Events This Week: Dinner Parties, Farmers’ Markets, Beer, Wine and More for the Week of August 18, 2022

thursday 18 GATEWAY TO THE DESERT: MARGARITA CONTEST The Desert Door margarita craze continues, with champions vying for top honors with their best margarita recipe featuring this delicate yet potent spirit called sotol. Note: These parenthetical battles continue throughout August, and the final two winners will be added to the permanent DD drink menu. Round […]

Texas economy

A broken immigration system is creating a ‘death economy’

Our friend, a pastor who serves migrants along the Texas-Mexico border, was kidnapped in June by a drug cartel and held for $40,000 ransom. For the past five years, he has delivered food to the people of Nuevo Laredo. He does this for free, thanks to the generous support of our church and groups like […]

Texas capital

C-suite hires at former National Bank, Texas Capital Bank

Former National Bank — Brent Tischler was named CEO of Community Banking at the Chicago-based Old National Bank. Tischler will be responsible for all consumer and retail banking segments across the company’s footprint in the Midwest and will be part of the leadership team. Tischler has 24 years of experience in finance and consumer banking. […]

Texas economy

Ron Paul Insists ‘Collapse Will Come’ From US Economy, Ex-Congressman Says Liquidation ‘Absolutely Necessary’

Just recently, retired American author, economist and politician Ron Paul discussed the growing tensions between China and Taiwan in an interview and he also talked about the US economy. Paul insists that “the collapse of the American economy will come” and he further stressed that “the debt must be liquidated”. ‘End The Fed’ Evangelist Ron […]

Texas markets

Homebuyers turn to New England bargains in hottest US markets

Goodbye Austin, Texas. Hi…Hooksett, New Hampshire? Sun Belt cities, including the Texas capital, have topped various lists of major housing markets in recent years. Now, with higher mortgage rates starting to chill southern and western boomtowns, a new region is heating up. Six of the top 10 spots on Realtor.com’s list of the most popular […]

Texas economy

Stock market updates and economic news

Madeline McIntosh, Managing Director of Penguin Random House.Credit…Erik Tanner for The New York Times WASHINGTON — Madeline McIntosh, chief executive of Penguin Random House US, spoke out Monday to defend her bid to buy rival publishing house Simon & Schuster. The Justice Department filed a lawsuit to stop the $2.18 billion acquisition on antitrust grounds, […]

Texas markets

Underwater snow gives clues to Europa’s icy shell

Beneath the thick icy crust of Europe lies a huge global ocean where snow floats upward on inverted ice peaks and submerged ravines. Bizarre underwater snow is known to occur under ice shelves on Earth, but a new study shows the same is likely true for Jupiter’s moon, where it could play a role in […]

Texas economy

New Mexico records cannabis sales that help the economy

AMARILLO, Texas (KFDA) — New Mexico hit a cannabis sales record for the month of July, with more than $40 million in total sales in the state. MEDICAL SALES ADULT SALES TOTAL SALES TOTALS $16,813,947.36 $23,491,184.55 $40,305,131.90 The state of New Mexico recorded more than $40 million in sales in the month of July, more […]

Texas markets

Uber Charter expands to 3 Florida markets

Uber Charter expanded into a second regional market in August, setting up shop in three of Florida’s major metropolitan areas. “We are delighted to announce the launch of Uber Charter in Miami, Orlando and Tampa Bay,” said Javi Correoso, Uber’s public policy and communications manager for the South. “Whether it’s a wedding, a visit to […]

Texas economy

Perryman Group study details importance of Permian energy to global economy

Economist Ray Perryman has long studied the importance of energy to state, national and global economies. He has also long studied the importance of the Permian Basin for these economies. As energy concerns – concerns about supplies and high prices – have taken center stage globally this year, Perryman and his team of analysts and […]

Texas markets

Cboe Global Markets, Inc. (NASDAQ:CBOE) shares sold by Texas Permanent School Fund

The Texas Permanent School Fund reduced its holdings in Cboe Global Markets, Inc. (NASDAQ: CBOE – Get a rating) by 6.0% during the first quarter, according to the company in its latest filing with the Securities and Exchange Commission. The fund held 13,832 shares of the company after selling 878 shares during the period. The […]

Texas capital

Apple Inc. (NASDAQ: AAPL) is the 7th largest position of Texas Capital Bank Wealth Management Services Inc.

Texas Capital Bank Wealth Management Services Inc. increased its stake in Apple Inc. (NASDAQ:AAPL – Get Rating) by 3.1% during the first quarter, according to its latest filing with the Securities and Exchange Commission. The institutional investor held 171,034 shares of the iPhone maker after buying an additional 5,222 shares during the quarter. Apple accounts […]

Texas economy

Xcel Energy’s Local Spending Supports Region’s Economy | KLBK | KAMC

The FHere is a press release from Xcel Energy: AMARILLO, Texas (PRESS RELEASE) – Xcel Energy not only powers the regional economy with clean, reliable electricity, but also supports local jobs and economic development through hundreds of millions of dollars spent with Texas businesses and from New Mexico. In 2021, Xcel Energy purchased nearly $745 […]