Join The Discussion

 

Trademark closes on 63-acre Waterside site in Fort Worth

Construction begins Oct. 20 on the development, to be anchored by a Whole Foods Market.

read more >

UPDATE: $215M hotel, indoor ski project planned for Grand Prairie

Officials in Grand Prairie are expected later today to announce a $215 million project that will include a Hard Rock Hotel and an indoor ski facility.

read more >

Two Fort Worth council members propose temporary single-family moratorium around TCU

The moratorium would apply to new permits for single-family homes around TCU, and give the city time to figure out what to do with a controversial proposed overlay in several neighborhoods around the university.

read more >

Fresh Ebola fears hit airline stocks

DALLAS (AP) — News that a nurse diagnosed with Ebola flew on a plane full of passengers raised fear among airline investors that the scare over the virus could cause travelers to avoid flying.

read more >

Landscape architect behind several TCU landmarks acquired

The Dallas design firm behind several Texas Christian University projects, as well as Globe Life Park in Arlington and AT&T Stadium, has been acquired by Rvi Planning + Landscape Architecture.

read more >

Oil extends losses below $97 on high supplies, Fed

BANGKOK (AP) — Oil extended losses below $97 a barrel Thursday, dragged down by plentiful supplies and the prospect of less U.S. monetary stimulus.

Benchmark U.S. crude for December delivery was down 16 cents at $96.61 a barrel at midafternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The contract dropped $1.43, or 1.5 percent, to close at $96.77 on Wednesday.

The drop followed an Energy Department report which showed an increase of 4.1 million barrels in crude oil stocks last week. Over five weeks, supplies have risen by more than 25 million barrels, suggested muted demand.

The outcome of a two-day meeting of the Federal Reserve's policy committee added to the pressure on oil prices. The Fed kept its mammoth monetary stimulus in place. But the central bank's positive tone on the economy indicated that it might be prepared to slow its bond purchases by early next year, sooner than some have assumed.

The withdrawal of stimulus would result in higher interest rates and a stronger U.S. dollar, making oil more expensive for holders of other currencies.

Brent crude, a benchmark for international crude also used by U.S. refineries, was down 25 cents to $109.61 on the ICE exchange in London.

In other energy futures trading on Nymex:

— Wholesale gasoline fell 1 cent to $2.612 a gallon.

— Heating oil shed 0.5 cent to $2.9722 a gallon.

— Natural gas rose 3.2 cents to $3.652 per 1,000 cubic feet.

 

 

 

< back

Email   email
hide
Ebola
How worried are you about Ebola spreading?