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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 rises after earlier drop; awaiting job data


The Associated Press

The price of oil recouped some of its recent losses Friday as the market awaited the release of U.S. jobs data that could signal an economic recovery.

Benchmark U.S. crude oil for June delivery added 8 cents to $99.50 a barrel on the New York Mercantile Exchange, after losing ground a day earlier when the U.S. Energy Department said oil supplies rose by 1.7 million barrels last week. That pushed the U.S. supply to a record 399.4 million barrels.

Brent crude, an international oil benchmark, added 19 cents to $107.95 on the ICE Futures exchange in London.

Markets are closely awaiting the release of U.S. nonfarm payroll data, expected later Friday, as a key indicator of the health of the American economy.

In other energy futures trading on Nymex:

— Wholesale gasoline was unchanged at $2.94 a gallon.

— Heating oil rose 1 cent to $2.92 a gallon.

— Natural gas added 2 cents to $4.74 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?