Credit: City of Carrollton DALLAS — Severe thunderstorms hit North Texas early Tuesday morning, knocking out power for thousands of homes and businesses. By Wednesday afternoon, fallen power lines were continuing to complicate efforts to restore electricity, according to Oncor. At the storm’s peak, Oncor reported over 335,000 customers without power as the storms stretched…… MORE
According to the Labor Department, the number of initial jobless claims fell by 21,000 to 221,000 for the week ending March 1, well below analysts’ expectations of 236,000 new claims. Weekly jobless claims are seen as an indicator of layoffs, which have largely remained between 200,000 and 250,000 for several years. The four-week moving average,…… MORE