Join The Discussion

 

Ex Rangers manager Washington apologizes for 'breaking wife's trust'

IRVING, Texas (AP) — Former Texas Rangers manager Ron Washington says he is embarrassed for 'breaking his wife's trust.'

read more >

Troubled RadioShack files SEC form, talks with 'major vendor'

RadioShack Corp.’s latest filing with the U.S. Securities and Exchange Commission describes recent discussions that “could be beneficial to the financial restructuring of the company.”

read more >

Road Show: City leaders prepare campaign to corral votes for $450 million arena

Fort Worth’s biggest backers of a new arena at the Will Rogers Memorial Center are leaving little to the chance of a “no” vote in a citywide election Nov. 4 to decide on new fees that would fund 15 percent of the $450 million project.

read more >

Texas Health Southwest breaks ground on $40M expansion

A $40 million expansion of Texas Health Harris Methodist Hospital Southwest Fort Worth is under way, with groundbreaking ceremonies held this week.

read more >

Overland Sheepskin opening Sundance Square store in Fort Worth

The store is expected to open by the holidays, Sundance said.

read more >

Oil hovers near $100 on hopes of US recovery


The Associated Press

Oil hovered near $100 a barrel Monday on hopes that the U.S. economic recovery can be sustained despite January's poor payrolls report.

Benchmark U.S. crude for March delivery was down 9 cents to $99.79 a barrel at 0830 GMT in electronic trading on the New York Mercantile Exchange. Oil gained $2.04 to close at $99.88 on Friday.

The Labor Department reported that 113,000 jobs were created in January, far below market expectations of 175,000 jobs. This followed a weak 75,000 jobs created in December.

But unemployment dipped to 6.6 percent, the lowest rate since the global financial crisis hit in late 2008, and more people sought jobs. It suggested that people are feeling better about their prospects and that hiring was depressed by the bad weather.

The mixed data also saw some investors hoping that the Federal Reserve may put off plans to further reduce its stimulus.

Brent crude, used to set prices for international varieties of crude, fell 53 cents to $109.04 a barrel on the ICE Futures exchange in London.

In other energy futures trading in New York:

— Wholesale gasoline added 0.6 cent to $2.743 a gallon.

— Heating oil shed 1.2 cents to $3.039 a gallon.

— Natural gas lost 6.5 cents to $4.71 per 1,000 cubic feet.

 

< back

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