The Texas Tribune

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Global Markets & Equities Just now (03:47 AM IST)

Data Centers Pour $340 Million Into Rural Texas as Industry Seeks Social License

Data center operators and their backers are channeling roughly $340 million into rural Texas projects as the industry faces mounting criticism over land use, power demand, and local disruption. The spending is part of a broader effort to soften opposition and improve the sector’s standing with communities that increasingly see the facilities as both economic opportunity and infrastructure burden.

By RDU Global Wire6 min read

World Politics & Diplomacy8m ago

White House Bars CNN From Air Force One Trip as Trump Escalates Media Clash

The White House has barred CNN from travelling with President Donald Trump on Air Force One for a trip to Tennessee, intensifying an already volatile confrontation between the administration and major news organizations. The move comes days after a federal judge said Trump's restrictions on some outlets were likely unconstitutional and after the White House briefly restored access to regular television coverage.

4 min readRead →

World Politics & Diplomacy22m ago

South Africa's New U.S. Ambassador Rejects Trump's White Genocide Claim as Refugee Debate Escalates

South Africa's new ambassador to Washington, Roelf Meyer, has flatly rejected Donald Trump's claim that white Afrikaners face genocide, saying the notion of a mass attack on the minority "does not exist." Meyer, a former apartheid-era mediator and self-described Afrikaner, says violence in South Africa has been misrepresented as the Trump administration expands a refugee pathway for white South Africans.

5 min readRead →

World Politics & Diplomacy57m ago

US Supreme Court Lets Trump Use Controversial Citizenship Database in Voter Roll Checks

The US Supreme Court has allowed the Trump administration to continue using a disputed federal database to verify voter citizenship, overturning lower-court restrictions that had blocked the expanded system. The decision intensifies a national fight over election integrity, privacy rights and the risk that eligible voters could be wrongly flagged or removed from voter rolls ahead of the midterm elections.

6 min readRead →

Global Economy & Central Banks7h ago

Federal Reserve Ends Enforcement Actions Against United Texas Bank and Quontic Affiliates

The Federal Reserve Board said Friday it has terminated enforcement actions against United Texas Bank in Dallas and against Quontic Bank Acquisition Corp. and Quontic Bank Holdings Corp. in Astoria, New York. The move closes out supervisory orders issued in 2024 and 2023, signaling that the central bank considers the institutions to have met the conditions required to exit formal enforcement.

5 min readRead →

Global Economy & Central Banks8h ago

Federal Reserve Approves Coastal Bend Bancshares' Acquisition of First National Bank in Port Lavaca

The Federal Reserve Board has approved Coastal Bend Bancshares, Inc.'s application to acquire First National Bank in Port Lavaca, marking a significant consolidation move in Texas community banking. The decision, announced Tuesday, clears the way for the Corpus Christi-based bank holding company to expand its footprint in the Gulf Coast region.

5 min readRead →

World Politics & Diplomacy8h ago

Trump Rejects Iran Ceasefire Offer as Gulf Tensions Flare and Oil Markets Swing

President Donald Trump has rejected Iran's conditional proposal to reopen the Strait of Hormuz and restart nuclear talks, according to The Wall Street Journal, even as U.S. and Iranian officials continue indirect negotiations through mediators. The development comes amid renewed Houthi attacks in Yemen and sharp moves in oil prices, underscoring how quickly the conflict is reverberating through global energy markets.

5 min readRead →

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