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Saturday, October 31, 2020
Banking Stocks gain, but still end the week lower

Stocks gain, but still end the week lower

Other News

Exxon’s oil slick

Exxon Mobil is slashing its capital spending budget for 2020 by 30% due to weak demand caused by the COVID-19 pandemic and a market...

Folk music’s Mark Twain: 7 Essential tracks from John Prine,

NEW YORK (AP) — Some people, the songs just come out of them. For nearly half a century, they tumbled out of John Prine...

Tarrant County records another COVID-19 death

Tarrant County Public Health (TCPH) on Wednesday, April 8 reported that a resident of Euless has died as the result of the COVID-19 virus....

Tradition stymied: A year unlike any since WWII for Augusta

The Masters is so intertwined with Augusta, they added an extra day to spring break.You see, the first full week of April isn't just...

NEW YORK (AP) — Stocks clawed back Friday to regain some of the ground they lost in a two-day rout but still suffered their biggest weekly loss in six months.

Even with Friday’s moderate gains, major U.S. indexes lost about 4 percent for the week. A recent spike in interest rates has spooked investors who fear higher borrowing costs could slow down the economy.

Longtime market favorites like Amazon and Apple came roaring back with gains of about 4 percent each.

Several major banks including PNC Financial fell, however, and small-company stocks lagged far behind the rest of the market.

The S&P 500 index rose 38 points, or 1.4 percent, to 2,767.

The Dow Jones Industrial Average rose 287 points, or 1.1 percent, to 25,339. The Nasdaq tech-heavy composite rose 167 points, or 2.3 percent, to 7,496.

Latest News

FWHS picks demolition contractor for Stop Six Choice Neighborhood Initiative

Fort Worth Housing Solutions has awarded a $2.8 million contract for the abatement and demolition of the former Cavile Place public housing...

Pelosi, Trump administration trade blame over virus aid

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Goosehead: 3Q Earnings Snapshot

WESTLAKE, Texas (AP) _ Goosehead Insurance Inc. (GSHD) on Thursday reported third-quarter net income of $3.3 million.On a per-share basis, the Westlake,...

Developer tied to Texas AG says feds tampered with warrants

By JAKE BLEIBERG Associated PRESSDALLAS (AP) — On a summer morning last year, FBI agents arrived at the home of a prominent...

Three Republicans file to run for speaker of the Texas House

By Cassandra Pollock, The Texas Tribune Oct. 29, 2020 "Three Republicans file to run...