Investors See Hope for a Debt Limit Deal
Posted inBiden, Joseph R Jr Brin, Sergey Chevron Corporation Commerce Department Congressional Progressive Caucus Democratic Party Exxon Mobil Corp Farley, James D Jr (1962- ) Ford Motor Co House of Representatives Illumina Inc Internal Revenue Service internal-storyline-no Jayapal, Pramila Lazard LLC McCarthy, Kevin (1965- ) Microsoft Corp OpenAI Labs Orszag, Peter R Pichai, Sundar Republican Party Smith, Bradford L Treasury Department

Investors See Hope for a Debt Limit Deal

Stock and bond trading suggest that investors see an imminent deal to raise the debt limit and prevent the federal government from defaulting.
JPMorgan’s Succession Plans for Jamie Dimon May Weigh on Investors
Posted inBanking and Financial Institutions Biden, Joseph R Jr Bostic, Raphael W Commerce Department Daly, Mary C Democratic Party Dimon, James Exxon Mobil Corp Facebook Inc Federal Reserve System First Republic Bank Frank (TAPD LLC) Goldman Sachs Group Inc Gorman, James P Group of Seven Internal Revenue Service internal-storyline-no JPMorgan Chase & Company Justice Department Lazard LLC Mitsotakis, Kyriakos Morgan Stanley NVIDIA Corporation Regulation and Deregulation of Industry Silicon Valley Bank Treasury Department

JPMorgan’s Succession Plans for Jamie Dimon May Weigh on Investors

Revelations about rivals’ plans may prompt the bank’s shareholders to ask about who will replace Jamie Dimon at an annual investor gathering on Monday.
Exxon and Chevron Report More Modest Profits as Oil Prices Ease
Posted inChevron Corporation Company Reports Electric and Hybrid Vehicles Embargoes and Sanctions Exxon Mobil Corp Heating International Trade and World Market Natural Gas Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) Production Russian Invasion of Ukraine (2022) Stocks and Bonds

Exxon and Chevron Report More Modest Profits as Oil Prices Ease

The oil industry enjoyed record profits in 2022 after Russia invaded Ukraine, but the prices of oil and natural gas have fallen sharply in recent months.