Wellness

What you need to know on Wall Street today

6 monthes ago   |   By

Thomson Reuters Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours. Sign up here to get the best of Business Insider delivered direct to your inbox.
Bank of America Merrill Lynch and Wells Fargo beat Wall Street estimates for third-quarter earnings Friday.
BAML reported earnings of $0.48 per share, even with the second quarter, beating analysts estimates of $0.46. Investment banking fees increased 1% to $1.5 billion, the best third-quarter performance since Bank of America acquired Merrill Lynch .
Wells Fargo delivered adjusted earnings of $1.04...
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Cryptocurrencies are 'in the 3rd inning' - and Wall Street is just getting started

Cryptocurrencies are 'in the 3rd inning' - and Wall Street is just getting started

6 monthes ago   |   By

Reuters/Brian Snyder The rapid rise of bitcoin, the red-hot cryptocurrency up more than 400% this year, has Wall Street abuzz.
Still, despite its meteoric rise, bitcoin by many measures is still in its very early days. Bitcoin and other cryptocurrencies are used, for instance, by a very small percentage of people and institutions are just starting to look at building out a sophisticated market around the space.
"We are in the third inning of a burgeoning new asset class," said BlockTower Capital cofounder Matthew Goetz in a recent interview with Business Insider.
Credit Suisse agrees with...
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Verne Troyer, Mini-Me from 'Austin Powers' films, has died at age 49

Verne Troyer, Mini-Me from 'Austin Powers' films, has died at age 49

Associated Press/Matt Dunham The actor Verne Troyer, who played "Mini-Me" in the "Austin Powers" films, has died at age 49. Troyer's representatives announced his death on... Read more ...

Jeff Bezos admits Amazon has 'the weirdest meeting culture you will ever...

Jeff Bezos admits Amazon has 'the weirdest meeting culture you will ever encounter'

Drew Angerer/Getty Images Amazon CEO Jeff Bezos explained during an on-stage interview on Friday the strange meetings Amazon holds. Every meeting requires a well-crafted... Read more ...

Verne Troyer, who played Mini-Me in 'Austin Powers,' has died at 49

Verne Troyer, who played Mini-Me in 'Austin Powers,' has died at 49

Mark Davis/Getty Images Verne Troyer , the actor best known for playing Mini-Me in the Austin Power films and one of the shortest men in the world, has died. He was 49. The... Read more ...

26 incredible US national parks every nature-lover should visit

26 incredible US national parks every nature-lover should visit

Maridav/Shutterstock Travel + Leisure spoke with park employees at 26 of America's 417 National Park Service locations for tips on traversing the natural surrounds. Each park... Read more ...

Local unemployment rates reveal a surprising amount about what's going on in...

Local unemployment rates reveal a surprising amount about what's going on in the economy - and they're hinting at a boom in manufacturing

Andrew Burton/Getty Images UBS used estimates of how county-level unemployment has changed in the last years to illustrate broader trends in the economy. Unemployment trends in... Read more ...

BANK OF AMERICA: Here are 10 reasons why investors should be pulling money...

BANK OF AMERICA: Here are 10 reasons why investors should be pulling money from tech

Scott Olson/Getty Images Bank of America Merrill Lynch sees the tech industry facing some considerable headwinds going forward, and thinks investors should reduce exposure to... Read more ...

This Rare Sitewide Casper Sale Ever Lets You Save On Mattresses and Accessories

This Rare Sitewide Casper Sale Ever Lets You Save On Mattresses and Accessories

Beyond the standard $50 discounts you hear about in the middle of every podcast, Casper mattresses don't go on sale often, and Casper accessory deals are even rarer. But this... Read more ...

VisitEngland is funding nine national parks to attract visitors from Germany...

VisitEngland is funding nine national parks to attract visitors from Germany and Australia

VisitEngland, the government tourism agency is funding its nine national park authorities to boost the wildlife and nature tourism. VisitEngland invests £40 million to restore... Read more ...

This multi-tip charging cable may be the last one you'll ever need to buy

This multi-tip charging cable may be the last one you'll ever need to buy

The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase. Amazon Tech... Read more ...

10 celebrities who crashed high school proms

10 celebrities who crashed high school proms

Kevin Winter/Getty Images for DIRECTV High school proms are an excuse to dress up and dance the night away with best friends and classmates, but these fun experiences can be... Read more ...