Treasury Secretary Scott Bessent praised Texas during a speech at the New York Federal Reserve building, suggesting that Wall Street could become “Y’all Street in Dallas” in the future. Dallas has seen a rise in financial services workers, with Goldman Sachs unveiling new renderings of its Dallas campus and JPMorganChase being one of the largest employers in the Dallas-Fort Worth area. Dallas is becoming a key player in the financial services industry, rivaling New York City in its growth and presence.

Read more at 1. “Tech Stocks Soar to Record Highs Amid Surge in Earnings Reports” – CNBC
2. “Unemployment Rate Drops to 4% as Job Market Continues to Improve” – Wall Street Journal
3. “Apple Announces Launch of New iPhone with 5G Technology” – Reuters
4. “Federal Reserve Raises Interest Rates in Effort to Curb Inflation” – Barron’s
5. “Tesla Reports Record Profits in Fourth Quarter, Exceeding Expectations” – CBS MarketWatch: Bessent Gives Shoutout to ‘Y’all Street’