U.S. stocks are sinking after a report said inflation is unexpectedly getting worse for Americans. The S&P 500 fell 0.9% in early Wednesday trading.

In an effort to keep Texas "Texas," the Lone Star State will now have two dueling stock exchanges to call its own. The New York Stock Exchange announced on Wednesday that it will launch an exchange in Texas,

In a move that serves to counter the planned launch of the Texas Stock Exchange, the NYSE said it will reincorporate NYSE Chicago in Texas and rename it NYSE Texas, with headquarters in Dallas. The news set both Wall Street and Y'all Street buzzing,