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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 prices ease after sharp gains

KUALA LUMPUR, Malaysia (AP) — Oil prices eased Thursday but remained above $94 a barrel after sharp gains a day earlier on improved demand in the U.S.

Benchmark U.S. crude oil for February delivery was down 8 cents at $94.09 a barrel at midafternoon Kuala Lumpur time in electronic trading on the New York Mercantile Exchange. The contract surged $1.58 to settle at $94.17 in New York on Wednesday.

Brent crude, used to set prices for international varieties of crude, was down 44 cents at $105.83.

The U.S. Energy Department reported that oil supplies fell bigger than expected by 7.7 million barrels last week, the seventh straight decline. It was sharply above market expectations of a 1.6 million barrels decline.

The news pushed oil above $94 a barrel on Wednesday for the first time in two weeks. Oil prices have been weak this year amid concerns that ample crude supplies could put pressure on prices.

In other energy futures trading in New York:

— Wholesale gasoline was down 0.86 cent at $2.6334 a gallon.

— Natural gas rose 4.6 cents to $4.371 per 1,000 cubic feet.

— Heating oil shed 0.44 cent to $2.975 a gallon.

 

 

 

 

 

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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?