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    Stock Market News

    Nasdaq to open regional headquarters in Dallas to serve Texas

    Raven Jordan
    Mar 24, 2025 | 10:14 am
    Dow Jones

    Nasdaq hits Texas.

    Photo by David Dee Delgado/Getty Images

    On the heels of the New York Stock Exchange, another stock market player is joining Texas’ Wall Street soon: The financial institution Nasdaq is coming to Dallas, where it will set up a regional headquarters office.

    The company, currently based in New York, is the third to join Texas’ so-called economic hub Y’all Street, which features both the New York Stock Exchange (NYSE) and Texas Stock Exchange.

    According to a release, Nasdaq made the announcement during a luncheon on March 18 honoring Ross Perot Jr. for his contributions to the Texas economy with Governor Greg Abbott, Ross Perot Jr. in attendance.

    Nasdaq is a stock market and global technology company that serves investment managers, banks, and brokers. They chose Dallas because out of their 2,000 clients, 800 are located in Texas, plus they have 200 listed companies that operate within the state contributing to $1.98 trillion in market capital.

    Texas is especially ideal, boasting the eighth largest economy in the world valued at $2.6 trillion, according to the Texas Office of the Governor.

    “Nasdaq is deeply ingrained in the fabric of the Texas economy, and we look forward to maintaining our leadership as the partner of choice for the state’s most innovative companies,” says Adena Friedman, Chair and CEO of Nasdaq, in a statement. “Beyond our listings franchise, we are proud to support a wide network of clients who trust us to help solve their most complex challenges.”

    This announcement comes one month after the NYSE made its move known and six months after the Texas Stock Exchange was announced. The Texas Stock Exchange will begin trading in Dallas in 2026, pending approval from the U.S. Securities and Exchange Commission.

    “Under the leadership of Governor Abbott, the Texas Miracle has made Texas synonymous with innovation-led growth and smart regulation,” says Executive Vice Chairman of Nasdaq Ed Knight in a statement. “We share his commitment to these principles and will continue to advocate passionately on our clients’ behalf. As a result, we will take any action needed to ensure our clients enjoy the same benefits as all other companies in the state.”

    The Nasdaq, like the rest of the stock market, will operate electronically.

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    Jobs report

    Texas ranks among 10 best states to find a job, says new report

    John Egan, InnovationMap
    Nov 28, 2025 | 9:15 am
    Job interview
    Photo by Christina @ wocintechchat.com on Unsplash
    You have a better chance of landing a job in Texas than in most other states.

    If you’re hunting for a job in Texas amid a tough employment market, you stand a better chance of landing it here than you might in other states.

    A new ranking by personal finance website WalletHub of the best states for jobs puts Texas at No. 7. The Lone Star State lands at No. 2 in the economic environment category and No. 18 in the job market category.

    Massachusetts tops the list, and West Virginia appears at the bottom.

    To determine the most attractive states for employment, WalletHub compared the 50 states across 34 key indicators of economic health and job market strength. Ranking factors included employment growth, median annual income, and average commute time.

    “Living in one of the best states for jobs can provide stable conditions for the long term, helping you ride out the fluctuations that the economy will experience in the future,” WalletHub analyst Chip Lupo says.

    In September, Gov. Greg Abbott announced Texas led the U.S. in job creation with the addition of 195,600 jobs over the past 12 months.

    While Abbott proclaimed Texas is “America’s jobs leader,” the state’s level of job creation has recently slowed. In June, the Federal Reserve Bank of Dallas noted that the state’s year-to-date job growth rate had dipped to 1.8 percent, and that even slower job growth was expected in the second half of this year.

    The August unemployment rate in Texas stood at 4.1 percent, according to the Texas Workforce Commission. Throughout 2025, the monthly rate in Texas has been either four percent or 4.1 percent.

    By comparison, the U.S. unemployment rate in August was 4.3 percent, according to the U.S. Bureau of Labor Statistics. In 2025, the monthly rate for the U.S. has ranged from 4 percent to 4.3 percent.

    Here’s a rundown of the August unemployment rates in Texas’ four biggest metro areas:

    • Austin — 3.9 percent
    • Dallas-Fort Worth — 4.4 percent
    • San Antonio — 4.4 percent
    • Houston — 5 percent

    Unemployment rates have remained steady this year despite layoffs and hiring freezes driven by economic uncertainty. However, the number of U.S. workers who’ve been without a job for at least 27 weeks has risen by 385,000 this year, the Bureau of Labor Statistics reported in August. That month, long-term unemployed workers accounted for about one-fourth of all unemployed workers.

    An August survey by the Federal Reserve Bank of New York showed a record-low 44.9 percent of Americans were confident about finding a job if they lost their current one.

    This story originally was published on our sister site, InnovationMap.
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