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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 fall as market awaits US inventory data

The Associated Press

Oil prices edged lower in Asia Wednesday as market players tried to assess U.S. demand with the approach of warmer weather.

Anticipation of a buildup in U.S. crude inventories also helped send prices lower. Benchmark U.S. crude for April delivery was down 11 cents to $101.74 a barrel at 0650 GMT in electronic trading on the New York Mercantile Exchange. The contract fell 99 cents to close Tuesday at $101.83.

Investors are waiting for a weekly fuel inventories report from the U.S. Energy Department for clues about the strength of demand. It is due later Wednesday.

An especially harsh U.S. winter this year has boosted energy demand but that impulse will fade as warmer weather starts to prevail.

The world has already grown jittery lately about a possible economic slowdown in China. The economy is still expanding at faster rates than Western nations but may be losing momentum, which would have significant effect on energy demand.

Brent crude, which is used to set prices for international varieties of crude, was down 16 cents to $109.35 on the ICE exchange in London.

In other energy futures trading on Nymex:

— Wholesale gasoline was almost unchanged at $2.97 per gallon.

— Heating was also little changed at $3.031 a gallon.

— Natural gas lost 13.8 cents to $4.958 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?