CEOs Tell Analysts Why They’re Thankful

[ad_1] thank It’s a classic Thanksgiving tradition: Walk around the table and say what you’re grateful for. This isn’t exactly common practice on corporate earnings calls, but since this is the DealBook, we thought of highlighting some of the things business leaders said during presentations to analysts that they’re grateful for this month. Too often, …

When will oil prices peak? Traders and analysts rethink their business

[ad_1] Oil prices are at a seven-year high, with the cost of West Texas Intermediate crude, the US benchmark, up 70 percent this year to over $80 a barrel. It’s part of a global energy crisis that is driving prices up for all types of fuel, including natural gas and coal. DealBook newsletter reports. WTI …

Analysts Say US Debt Limit Could Be Reached By Mid-October

[ad_1] According to a study, the federal government may run out of cash and start underpaying on various things like Social Security and military payments between October 15 and November 4. New analysis from the Bipartisan Policy Center. This analysis, released Friday, as Congress debated whether to lift the US borrowing cap, showed a narrower …

JPMorgan Chase and Goldman Sachs Beat Analysts Expectations

[ad_1] Big banks are making huge profits as customers weather the pandemic and deal makers take over busy markets. JPMorgan Chase and Goldman Sachs, the nation’s largest banks by assets, beat analysts’ earnings expectations on Tuesday. JP Morgan reported In the second quarter, it increased to $11.9 billion from $4.7 billion a year earlier. Earnings …