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 ...

US stock futures rose slightly on Friday (July 18) after the S&P 500 closed at a record high in the previous session, with ...