Paul Allen Was So Much More Than Microsoft’s Co-Founder

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 […]

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10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, CGC, TWLO, MSFT)

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 […]

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A $150 billion investment chief breaks down a ticking time bomb in markets that traders are foolishly ignoring

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 […]

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America’s biggest companies have larger worries than Trump’s tariffs

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 […]

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Here comes Goldman Sachs earnings… (GS)

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 […]

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This is how banks can use digital tools to stay ahead of a trillion-dollar opportunity in the bill pay market

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 […]

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Microsoft Co-Founder Paul Allen Dies After Lymphoma Battle

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 […]

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