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U.S Market

JP Morgan
Finance

JP Morgan Chase Goes Full Fascist?

April 12, 2023 Mariel Alumit

[Editor’s Note: Jamie Dimon, JP Morgan Chase CEO, thinks condemnation of your land should be allowed to enable corporatists such as himself to grift off global warming schemes.] We’ve often written about “permitting reform” needed […]

California
Finance

Battles over taxing the rich abound in liberal California

April 11, 2023 Mariel Alumit

In deeply blue California, there’s never a shortage of efforts to raise taxes on the state’s wealthiest residents or corporations to support expansions of government programs. Each year sees a new batch of tax-the-rich proposals […]

Price
Bankruptcy

10 Banks’ Profit Is About To Completely Fall Apart, Analysts Warn

April 11, 2023 Mariel Alumit

Just when you thought the banking crisis was over — you’d better brace for an onslaught of big drops in bank profit. Hopefully you aren’t caught flat-footed. Analysts are predicting massive 30% or greater declines […]

ENB Daily Standup

Daily Energy Standup Episode #99 – Whos the biggest looser on $100 oil? – Lessons of the energy crisis – Can the Fed fix inflation without fixing the energy crisis?

April 11, 2023 Andy Del Prado

Daily Standup Top Stories The Biggest Losers Of $100 Oil April 10, 2023 Mariel Alumit Oil at $90 and $100 will hit the economies of the large oil importers. Triple-digit oil will complicate central bank efforts […]

Occidental
Exploration and Production

Occidental Petroleum Sees Potential Upside Despite Missed Earnings Report

April 10, 2023 Mariel Alumit

Occidental Petroleum Corp, a leading oil and gas producer, saw its price target raised by Wells Fargo & Company from $64.00 to $65.00 in a research report on Friday. This increase indicates a potential upside […]

Phillips 66 offers to buy pipeline operator DCP Midstream
Big Oil Companies

Phillips 66 (NYSE:PSX) Shares Acquired by National Bank of …

April 8, 2023 Mariel Alumit

National Bank of Canada FI lifted its stake in shares of Phillips 66  (NYSE:PSX – Get Rating) by 149.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund […]

JPMorgan
Finance

JPMorgan’s Dimon: Effects Of Bank Failures Will Be Felt For ‘Years To Come’

April 5, 2023 Mariel Alumit

TOPLINE The banking crisis is far from over, JPMorgan Chase CEO Jamie Dimon wrote Tuesday morning in an annual letter to shareholders, offering the most in-depth insight into recent industry-wide turbulence from the head of the country’s […]

Price
Electric Vehicles

U.S. Auto Sales Grow In Q1 As Inventories Rise, Led By 18% Jump For GM

April 5, 2023 Mariel Alumit

U.S. auto sales rose more than expected in the first quarter of 2023 on the back of rising vehicle inventories and fleet sales, offsetting elevated prices and high auto loan rates. General Motors (GM) on […]

San Francisco
People

VC Banking Collapse Shows The Worst Isn’t Over For San Francisco

April 4, 2023 Mariel Alumit

If there’s one thing San Francisco, which is in the midst of complete and total collapse as a functioning U.S. city due to looting, drugs, crime and homelessness (not to mention sky high taxes), didn’t […]

Price
Electric Vehicles

Dow Jones Futures: Tesla Dives Below Latest Buy Point On Deliveries Miss; What To Do Now

April 4, 2023 Mariel Alumit

Dow Jones futures were slightly lower ahead of Tuesday’s open after the Dow Jones Industrial Average rallied 327 points Monday. Meanwhile, Tesla stock dived below its latest buy point after the electric-vehicle giant reported a […]

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