Can Y’all Street outflank Wall Street?

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  NPR.

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  A few months ago, I found myself in the middle of a construction site in Dallas.

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  It was full of dust and wind and workers in hard hats going up and down in freight elevators.

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  This is the new Dallas office for Goldman Sachs.

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  Or it will be in 2028 when it's fully built and has thousands of employees working there.

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  Goldman is spending more than half a billion dollars to build this 14-story campus right in the heart of Dallas.

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  And Goldman is in good company.

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  The New York Investment Bank is one of several financial companies

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  that are all setting up shop or expanding in the Dallas area.

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  This is what Texas is calling Y'all Street.

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  Get it?

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  Like Wall Street, but with a Texas twang?

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  Clever.

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  And since everything's bigger in Texas, some of the people behind Y'all Street are hoping

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  that it can become even more powerful than the OG Wall Street.

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  This financial rivalry is mostly about business growth and economic activity, but it's also a little about politics.

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  I mean, what isn't these days?

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  Tell me about it.

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  This is The Indicator from Planet Money.

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  I'm Waylon Wong.

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