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Dallas Fed's Fisher, Philadelphia Fed leaders to retire in 2015

WASHINGTON — The outspoken president of the Federal Reserve Bank of Philadelphia will step down in March, shortly before the central bank is expected to raise interest rates for the first time since the recession, the regional bank said Monday.

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RadioShack sees stock jump on investment report

Fort Worth-based RadioShack saw its stock increase as much as 45 percent on Friday as investor Standard General LP said it was continuing talks on new financing for the electronics retailer.

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Fort Worth couple gets in 'Shark Tank,' comes out with deal

A Fort Worth couple who started a business when they couldn’t sleep, were the first entrepreneurs to get a deal on ABC’s Shark Tank in the season premiere on Sept. 26.

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Internal audit says EPA mismanaged Fort Worth project

FORT WORTH, Texas (AP) — An internal audit by the U.S. Environmental Protection Agency reveals the agency mismanaged an experiment using new ways to demolish asbestos-ridden buildings.

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Weatherford's Wild Mushroom to open in Fort Worth's Ridglea Village

Weatherford restaurant staple The Wild Mushroom Steak House & Lounge will be coming to Fort Worth in November, moving into the former site of Ray’s Steakhouse at to 3206 Winthrop Ave. in the Ridglea Village Shopping Center.

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Oil price steady above $98 ahead of supply data
 


The Associated Press

The price of oil was steady above $98 a barrel Wednesday ahead of a report on U.S. crude stockpiles.

Benchmark crude for January delivery was down 5 cents to $98.46 in electronic trading on the New York Mercantile Exchange. The contract jumped $1.17 to $98.51 on Tuesday, its highest level in six weeks, on optimism that the U.S. Energy Department's report Wednesday would show supplies fell for the second week in a row.

Data for the week ending Dec. 6 is expected to show a draw of 2.8 million barrels in crude oil stocks and a draw of 2.1 million barrels in gasoline stocks, according to a survey of analysts by Platts, the energy information arm of McGraw-Hill Cos.

Oil has fallen from $110 in September on high supplies, muted demand and a lessening of Middle East tensions. It sank to nearly $92 late last month but has since crept higher as the U.S. and Chinese economies show signs of sustained recovery.

Brent crude, a benchmark for international oils, was up 3 cents to $109.41 a barrel on the ICE Futures exchange in London.

In other energy futures trading on Nymex:

— Wholesale gasoline was down 1.1 cent to $2.672 a gallon.

— Heating oil was flat at $3.017 a gallon

— Natural gas rose 1.2 cents to $4.249 per 1,000 cubic feet.

 

 

 

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Arena
What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?