The Federal Reserve Bank of Dallas covers the Eleventh Federal Reserve District, which includes Texas, northern Louisiana and southern New Mexico, a district sometimes referred to as the Oil Patch. Read More
Wall Street fell for a third straight week as fears of aggressive interest rate hikes by a Federal Reserve eager to break the back of the worst US inflation in 40 years led to an investor exodus from stocks and even safe-havens such as gold. ...
Wall Street tumbled on Wednesday as the Federal Reserve coalesced around a plan to double down on interest rate hikes to fight inflation at 40-year highs, sending Big Tech stocks down more than 2% for a second day in a row. ...