TOP STORY
North Texas roads remain icy after weekend storm
After a weekend winter storm, many parts of North Texas are still covered with ice, sleet, and snow. The Texas Department of Public Safety urges drivers to stay cautious, avoid unnecessary travel, and prepare emergency kits due to hazardous conditions expected through Tuesday morning.
If you need to get around North Texas today, expect slower commutes and slippery streets that require extra care. Roads like SH 114 in Grapevine are reopening, but icy patches on bridges and overpasses can catch you off guard. Make sure your car is stocked with warmth and emergency supplies, stay updated with road closures, and consider postponing trips if possible to stay safe.
Source: Fox 4 News Dallas-fort Worth
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Markets
Oil (WTI) | 61.1700 | ▼ 0.11% |
Gas (Nat.) | 3.8230 | ▼ 0.18% |
Cotton | 0.6351 / lb | ▼ 0.31% |
Cattle | 2.3490 / lb | ▼ 0.02% |
S&P 500 | 6915.16 | ▲ 0.05% |
Dow Jones | 49095.50 | ▲ 0.04% |
Nasdaq | 23498.53 | ▲ 0.05% |
Last Time the Market Was This Expensive, Investors Waited 14 Years to Break Even
In 1999, the S&P 500 peaked. Then it took 14 years to gradually recover by 2013.
Today? Goldman Sachs sounds crazy forecasting 3% returns for 2024 to 2034.
But we’re currently seeing the highest price for the S&P 500 compared to earnings since the dot-com boom.
So, maybe that’s why they’re not alone; Vanguard projects about 5%.
In fact, now just about everything seems priced near all time highs. Equities, gold, crypto, etc.
But billionaires have long diversified a slice of their portfolios with one asset class that is poised to rebound.
It’s post war and contemporary art.
Sounds crazy, but over 70,000 investors have followed suit since 2019—with Masterworks.
You can invest in shares of artworks featuring Banksy, Basquiat, Picasso, and more.
24 exits later, results speak for themselves: net annualized returns like 14.6%, 17.6%, and 17.8%.*
My subscribers can skip the waitlist.
*Investing involves risk. Past performance is not indicative of future returns. Important Reg A disclosures: masterworks.com/cd.
Texas Grid & Weather Snapshot
Statewide Outage Count — today (from start of day to now): None.
City | High (°F) | Low (°F) |
|---|---|---|
Dallas | 29.5 | 7.7 |
Houston | 40.5 | 24.6 |
Austin | 35.8 | 18.1 |
San Antonio | 39.7 | 19.8 |
Alerts
Dallas: An Extreme Cold Warning is in effect from January 25 to January 27, issued by NWS Fort Worth.
Houston: An Extreme Cold Warning remains active from January 25 to January 27, issued by NWS Houston/Galveston.
Austin: An Extreme Cold Warning is active through January 26, along with Special Weather Statements highlighting continued hazardous conditions, issued by NWS Austin/San Antonio.
San Antonio: An Extreme Cold Warning is in effect through January 26, issued by NWS Austin/San Antonio.
Politics and Economy
Dallas Debates Convention Center and Rail Plans
Dallas residents voice concerns over a convention center expansion plan that overlooks critical infrastructure and debt obligations. Letters also discuss the challenges of implementing high-speed rail in the region and highlight political rhetoric and inflation debates affecting the state.
When city leaders push for flashy projects without addressing basics like parking and finances, it’s your tax dollars at risk. This debate shows how important it is to demand transparency and smart spending from Dallas officials. Meanwhile, discussions about rail plans affect your travel options and regional growth, so understanding these proposals helps you weigh their potential impact on everyday commutes and local economies. Political messages and inflation talk also shape the climate in which Texans plan their families' futures and budgets.
Source: Dallas News
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What else is happening:
Some Republicans criticize federal immigration tactics after a Border Patrol agent fatally shot a man, prompting questions about oversight and enforcement policies.
Analysts warn U.S. taxpayer-backed support for Venezuelan oil could funnel profits to major oil companies while reshaping global markets and U.S. foreign-policy calculations.
A Dallas Morning News editorial cartoon about Greenland open house satirizes presidential interest and fuels debate over U.S. territorial ambition and diplomatic implications.
Tech and Business
AI Shapes How Texas Teens Learn About Relationships
Texas teens increasingly turn to AI chatbots for information on sex and relationships, with nearly one-third interacting daily. Parents often remain unaware of these exchanges. As Texas faces high teen birth rates and rising STIs, experts urge schools and families to provide accurate sexual health education alongside stronger AI oversight.
If you have teens or work with youth in Texas, this trend means AI chatbots are now a major source of their sexual health information. That puts a premium on teaching them how to spot misinformation and navigate online advice critically. Supporting schools and pushing for safer AI tools helps protect your loved ones from harmful content and builds healthier futures for young Texans.
Source: Dallas News
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Six Steps to Revitalize Downtown Dallas' Business Core
Dallas is booming with job growth, but its historic downtown struggles to keep tenants compared to newer districts. A six-part plan proposes moving City Hall downtown, improving connectivity, and supporting private partners to revitalize the area. The goal: make downtown Dallas vibrant and competitive for the future.
If you live or work in Dallas, these strategies could soon reshape your daily commute and where you shop, dine, and socialize. Revitalizing downtown means more jobs and amenities closer to home, plus better bike lanes and parks. Supporting this vision boosts local economy and makes Dallas an even more attractive place for talent and families.
Source: Dallas News
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What else is happening:
A federal plan to draft regulations raises questions about transparency, bias, and how Texans' rights, services, and enforcement could be affected.
Researchers find top AI tools complete only a small fraction of workplace tasks, yet many workers still fear permanent job displacement and economic disruption.
Sports
No. 14 Baylor Hosts Houston After Tough Loss
Baylor, ranked 14th and strong at home, faces Houston, which is still winless in Big 12 play. Houston recently fell 69-65 to Kansas State despite Kyndall Hunter's 20 points. This is their first matchup this season, with Baylor holding a solid 7-1 conference record.
If you follow Texas college basketball, this game highlights the clash between a dominant Baylor team and a Houston squad striving to turn its season around. Baylor's home advantage and strong defense will test Houston’s resolve, making this a must-watch for fans eager to see if the Cougars can snap their Big 12 losing streak.
Source: AP News
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Sports Spotlight:
Houston aims to break its four-game skid as Memphis visits seeking redemption after dropping the last meeting 124-109, raising stakes for the Rockets' season momentum.
Several Dallas-Fort Worth high school standouts on Super Bowl LX rosters spotlight the region’s continued role as a pipeline for NFL talent and community pride.
The Dallas Stars host the St. Louis Blues as both teams try to halt losing streaks, with playoff positioning and local fan morale hanging in the balance.
Texas Infrastructure Insight
Texas operates the only independent power grid in the continental United States. Managed by ERCOT (Electric Reliability Council of Texas), most of the state’s electricity runs separately from the Eastern and Western U.S. grids — a system designed to avoid federal regulation and give Texas greater control over its energy market.