Articles by Joe Lovinger

Tariff ‘Chaos’ Drags Key Texas Manufacturing Gauge to Worst Since 2020

A widely followed measure of Texas manufacturing activity weakened significantly as executives used words like “chaos” and “insanity” to describe the turmoil spurred by President Donald Trump’s tariffs, according to a report by the Federal Reserve Bank of Dallas. A …

Dallas Fed Warns of Slowing Growth in Trade-Reliant Texas

Texas, the nation’s top trading state, is facing a weakening economic outlook as the Trump administration’s sweeping trade and immigration policies fuel worries among businesses about higher costs, reduced demand and labor shortages, according to the Federal Reserve Bank of …

NYSE Plans Texas Exchange as Financial Firms Flock to State

The New York Stock Exchange plans to start an equities exchange in Texas, the latest firm seeking a slice of the financial services industry in a state where the taxes are lower and regulation looser. NYSE said it will reincorporate …

Texas Lawmaker Sees California Fire Aid Tied to Conditions

As deadly wildfires continue to rage in Los Angeles, a Republican congressman from Texas says federal lawmakers will consider tying relief funding for California to policy changes in the state. “California has some disastrous policies that led to mismanagement of …

Texas Economy Will Top France’s Thanks to Trump, Abbott Says

Texas Governor Greg Abbott has a new ambition for the Lone Star State: surpassing France as one of the world’s largest economies. Abbott predicted that economic output in Texas would soon exceed that of the struggling European nation thanks to …