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Investor Byron Wien of Blackstone dies at 90

Byron Wien, noted investor whose annual “Ten Surprises” list became required reading on Wall Street, has died at age 90. His death was reported by Blackstone, where he spent the past 14 years, and was most recently vice chairman of its private wealth solutions business. Wien published his “Ten Surprises” …

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Search head testifies about how young users see it

Prabhakar Raghavan, of Google Inc., speaks during the company’s Cloud Next ’18 event in San Francisco, California, July 24, 2018. David Paul Morris | Bloomberg | Getty Images As Google fights claims that it violated antitrust law to maintain its online search dominance, the company’s search lead testified Thursday that …

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How to pick between buy now, pay later and retail credit cards

Both retail credit cards and buy now, pay later programs can offer opportunities to spread out payments for high-priced purchases, especially during the year-end holiday shopping season. Buy now, pay later, or BNPL, is like a new form of old-school layaway plans, except you can take an item you buy …

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Amazon (AMZN) Q3 earnings report 2023

Andy Jassy, CEO, Amazon CNBC Amazon is scheduled to report third-quarter earnings after the market close Thursday. Here are the key numbers Wall Street is watching: Earnings per share: 58 cents expected among analysts surveyed by LSEG, formerly known as Refinitiv Revenue: $141.4 billion expected among analysts surveyed by LSEG …

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Comcast’s lack of broadband growth bothers investors

Comcast Xfinity cable television installation truck parked on a street in front of a suburban home, San Ramon, California, May 17, 2018. (Photo by Smith Collection/Gado/Getty Images) Smith Collection/Gado | Archive Photos | Getty Images Comcast has tried to move investors away from focusing on residential broadband net additions. The …

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Ford Motor (F) earnings Q3 2023

 2024 Ford F-150 Raptor Ford DETROIT — Ford Motor is set to report its third-quarter earnings after the bell Thursday. Here’s what Wall Street is expecting, according to average estimates compiled by LSEG, formerly known as Refinitiv. Adjusted earnings per share: 45 cents Automotive revenue: $41.22 billion Those results would …

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What it’s like living on $52,000 in rural Alaska

This story is part of CNBC Make It’s Millennial Money series, which details how people around the world earn, spend and save their money. There are a lot of misconceptions about living in Alaska, and Trevor Barrett has heard them all. People ask him: Do you live in an igloo? Do you …

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The connection between mental health and retirement, emergency savings

Nicoletaionescu | Istock | Getty Images Workers’ biggest financial concern is still keeping up with rising costs, more than one year after inflation peaked at a new 40-year high, according to a new report from Telus Health. Those money woes may have a connection to mental health, according to the …

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Mercedes-Benz shares fall 6% as CFO warns on ‘brutal’ EV space

Mercedes-AMG GT 43 4MATIC+ on display at Brussels Expo on January 9, 2020 in Brussels, Belgium.  Sjoerd Van Der Wal | Getty Images News | Getty Images Mercedes-Benz shares were sharply lower Thursday after the German carmaker reported a decline in profit and revenue as challenges from electrical vehicle competition …

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Meta widens revenue guidance range, cites Middle East unpredictability

Omar Marques | Lightrocket | Getty Images In Meta’s earnings report on Wednesday, the company gave guidance for the fourth quarter, with a surprisingly wide gap between the low number and the high. The $3.5 billion range ($36.5 billion to $40 billion) compares to a $2.5 billion range the company …

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