Exxon Mobil CEO Rex Tillerson expects the price of oil to remain low over the next two years because of ample global supplies and relatively weak economic growth.
The U.S. has so much crude that it is running out of places to put it, and that could drive oil and gasoline prices even lower in the coming months.
The Republican-controlled Congress approved a bill Wednesday to construct the Keystone XL oil pipeline, setting up a confrontation with President Barack Obama, who has threatened to veto the measure.
U.S. employers hired at a stellar pace last month, wages rose by the most in six years, and Americans responded by streaming into the job market to find work.
City of Fort Worth sources say approval of a deal to move an aviation company into the massive hanger left vacant at Alliance Airport is a “slam dunk” that will add hundreds of jobs.
The Texas unemployment rate slipped to 4.6 percent in December for a fourth straight month of declines.
The first legislative session under Republican Gov.-elect Greg Abbott will begin with lawmakers having a so-called budget surplus of $7.5 billion.
Gov. Rick Perry would like to run for president in 2016 as a proven job-creator who molded Texas’ strong economy in his own political gunslinger image.
The U.S. Department of Labor is investigating how RadioShack manages its retirement plan for employees, according to a regulatory filing.
Around the country, areas with the strongest job markets increasingly have some of the costliest homes. And areas with the most affordable homes lack a solid base of middle class jobs that attract workers.
The Texas Food and Beverage Commission approved bitcoin as an acceptable form of payment for food and alcohol, and Gov.-elect Greg Abbott accepted bitcoin campaign donations.
Retail gasoline prices across Texas have dropped again as motorists take to the road for the Thanksgiving holiday.