texas

Oil Prices Plunge 7% to One Year Low

Oil Prices Plunge 7% to One Year Low

Oil prices plunged by 7% on Friday, falling to its lowest levels in over a year. Oil price concerns have caused the stock market to decline heavily into bear territory over the recent months.Friday’s decline was pressured by OPEC’s antic..

The Road to the 2018 Midterm Elections

The Road to the 2018 Midterm Elections

America stands before a historic Midterm election on November 6th. With Democratic candidates polling strongly in deep-red states like Texas, Georgia, and Arizona, many pollsters are predicting a blue wave to sweep the elections. Today, it’s n..

Exxon Mobil Reported Third Quarter Earnings

Exxon Mobil Reported Third Quarter Earnings

Exxon Mobil Corp. (NYSE: XOM) on Friday reported third-quarter earnings and revenue that beat analysts’ expectations on higher prices received for its oil and natural gas and improved performance in its drilling operations and fuel refining se..

Chip Stocks Fall After Texas Instruments, STMicro Report Slowing Demand

Chip Stocks Fall After Texas Instruments, STMicro Report Slowing Demand

Semiconductor stocks slumped on Wednesday after Texas Instruments Inc. (NASDAQ: TXN) and Franco-Italian chipmaker STMicroelectronics NV (NYSE: STM) warned of slowing demand.While TI shares were down 6% in premarket trading, STMicro's stock ..

Oil Price Rises to Two-Year High

Oil Price Rises to Two-Year High

Oil price was little changed on Thursday. But it still traded near the highest level since May 2015.U.S. West Texas Intermediate (WTI) crude futures for February delivery were trading at $59.54 a barrel in the early trading on Thursday. WTI broke th..

U.S Jobless Claims Fall 23,000 to 259,000

U.S Jobless Claims Fall 23,000 to 259,000

The number of Americans filing for unemployment benefits fell unexpectedly last week as the impact of Hurricane in Texas and Florida continues to fade.Initial claims for unemployment benefits decreased by 23,000 to a seasonally adjusted 259,000 in t..