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

President Donald Trump has opened up a new front in his attack on the Federal Reserve and its chair, Jerome Powell: He says ...

Trump's call for a minimum 15-20% tariff on imports from the European Union, as reported by the Financial Times, is a ...

US stocks close mixed after the FT says Trump wants an at least 15%-20% tariff on all EU goods. S&P 500 and Nasdaq come off Nasdaq record highs.

American housebuilding weak everywhere except in one pocket; US sentiment stabilises at low level; eyes on Japan; Malaysia ...

On Friday, breakeven inflation rates that reflect expectations of future long-run price gains climbed back to levels not seen since February or April, the latter of which was when fears over President ...