Category: Business

Personal computers, conservation, pro football, rock n’ roll and rocket ships: Paul G. Allen couldn’t have asked for a better way to spend, invest and donate the billions he reaped from co-founding Microsoft with childhood friend Bill Gates. Allen used the fortune he made from Microsoft — whose Windows operating system is found on most […]

Morgan Stanley is set to announce third quarter earnings results Tuesday morning. Here are some of the key numbers analysts are expecting. Revenue: $9.6 billion Net income: $1.8 billion Earnings per share: $1.01 Return on equity: 10.5% SEE ALSO: A rising star at Morgan Stanley who helped turn around an ailing business has landed a […]

Here is what you need to know. The US budget deficit balloons. The deficit jumped 17% to $779 billion in fiscal year 2018, according to the Treasury Department. It was the largest deficit since 2012. Chinese inflation surged to its highest level in months. Consumer prices in China grew at a 2.5% year-over-year clip, the […]

In an exclusive interview with Business Insider, Brad McMillan — the chief investment officer of the $150 billion Commonwealth Financial Network — revealed an overlooked dynamic he says will worsen any economic downturn. He’s specifically worried about the number of US companies whose credit ratings are sitting dangerously close to junk levels, and warns that […]

Third-quarter earnings season is here and America’s biggest companies are most concerned about FX headwinds impacting their results. More than 60% of companies that have reported so far mentioned FX/currency as the biggest negative impact to results either now or in the future. One-third of companies that have already reported cited President Donald Trump’s tariffs […]

Goldman Sachs is scheduled to release third-quarter earnings a little after 7:30am Tuesday. Here’s what analysts are expecting: Revenue: $8.8 billion Expenses: $5.7 billion Adjusted net income: $2.1 billion Adjusted EPS: $5.38 a share. What to watch for: New CEO. This is David Solomon’s first earnings release as a CEO, though it covers a time […]

This is a preview of a detailed slide deck from Business Insider Intelligence, Business Insider’s premium research service. Click here to learn more. Current subscribers can view the deck here. Rising smartphone penetration, regulations pushing users away from cash, and globalization demanding faster and new ways to transact are leading to a swell in noncash […]

BlackRock, the largest asset manager in the world, is set to report earnings on Tuesday morning. Here are the key numbers analysts will be expecting. Revenue: $3.5 billion Net income: $1.2 billion Earnings per share: $6.84 Assets under management: $6.52 trillion Join the conversation about this story » NOW WATCH: Ray Dalio says the economy […]

This is a preview of a research report from Business Insider Intelligence, Business Insider’s premium research service. To learn more about Business Insider Intelligence, click here. Between housing costs, utilities, taxes, insurance, loans, and more, US adults paid an estimated $3.9 trillion in bills last year. That market is growing slowly, but it’s changing fast […]

SEATTLE — Paul Allen, who co-founded Microsoft with his childhood friend Bill Gates, has died. He was 65. Allen’s company Vulcan Inc. said in a statement that he died Monday. Earlier this month Allen said the cancer he was treated for in 2009, non-Hodgkin’s lymphoma, had returned. Allen, who was an avid sports fan, owned […]