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Texas has old, new candidates to offer as presidential hopefuls

The Republican Party has long been riven between its establishment and conservative wings, a split that plays out every four years in the race for the White House.

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Fort Worth draws closer to deal with Lancaster developer

City staff are planning to introduce the developer Feb. 3 at a meeting of the City Council's Housing and Economic Development Committee.

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Two from Fort Worth appointed by Gov. Abbott to university boards

Steve Hicks, a University of Texas System regent who has been a vocal opponent of regents who have criticized the system’s flagship campus in Austin, was reappointed to the board by Gov. Greg Abbott on Thursday. 

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Compass BBVA names Happel CEO for Fort Worth

BBVA Compass has appointed Brian Happel, most recently the Fort Worth city president, its chief executive officer of Fort Worth.

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Two Fort Worth Baylor medical properties acquired

Baylor Surgical Hospital of Fort Worth and Baylor Surgical Hospital Integrated Medical Facility are among three facilities acquired by Carter Validus Mission Critical REIT II Inc.

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Oil near $97 before week of data, Fed meeting

BANGKOK (AP) — Oil hovered above $97 a barrel Monday, consolidating ahead of a week littered with U.S. economic reports and a Federal Reserve policy meeting.

Benchmark U.S. crude for December delivery was down 27 cents at $97.58 a barrel at midafternoon Bangkok time in electronic trading on the New York Mercantile Exchange.

The contract gained 74 cents to $97.85 on Friday but closed out the week with a 2.9 percent loss, largely due to signs of oversupply and muted demand.

U.S. data releases this week include September industrial production, retail sales, inflation and consumer confidence as well as a Fed policy meeting that could reinforce expectations that the central bank won't begin reducing its mammoth monetary stimulus until well into next year.

The expansion of the U.S. money supply is aimed at supporting economic recovery and reducing high unemployment but has also been a boon for investors in stocks and commodities. The timing of the stimulus withdrawal has become a matter of intense speculation in markets.

Brent crude, a benchmark for international crude also used by U.S. refineries, was up 47 cents at $107.40 on the ICE futures exchange in London.

In other energy futures trading on the Nymex:

— Wholesale gasoline was up 0.7 cent at $2.57 a gallon.

— Natural gas fell 0.8 cent to $3.628 per 1,000 cubic feet.

— Heating oil rose 0.9 cent to $2.918 a gallon.

 

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