The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

Wall Street closed flat on Friday, hovering near the previous session's record-high close for the Dow and S&P 500, while the ...

The Federal Reserve didn’t just cut interest rates at its September meeting. It cut BIG, opting for a 50-basis point move.

Canada's main stock index was essentially unchanged Friday, while U.S. markets were mixed to end the week, with the Dow eking ...

The S&P 500 slipped 0.2% on Friday, Sept. 20, receding from the record high it printed after this week's interest-rate cut by ...

New York Community Bancorp isn't realistically poised for sudden and dramatic improvement. The bank expanded too quickly in ...