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The automotive industry has not reached ‘peak car’ as some Wall...

As worries about a US or even global recession have emerged over the past 12 months, Wall Street analysts and economic pundits have been looking for data that might suggest a downturn is coming. That data is hard to come by. The US unemployment rate is at a 50-year low, 3.6% in May, a level…

We talked to some of the smartest minds on Wall Street...

The world's biggest financial institutions are spending billions on technology. And, as I wrote in a weekly note to BI Prime subscribers on Sunday, the industry is reaching an inflection point where those massive investments are starting to pay off. But challenges remain. There are new startups posing fresh competition. There's a talent war with…

The huge new ‘Avengers’ game is getting roasted because its superheroes...

The famous cast of Marvel's vast "Avengers" movie franchise is instantly recognizable. Robert Downey Jr., for instance, has become synonymous with Tony Stark — the billionaire Marvel character who becomes Iron Man. (In fact, recent news of Downey Jr. working on climate change led to dozens of headlines claiming he wanted to be " the…

FedEx just rejected millions in potential revenue from Amazon — but...

FedEx may have just rejected millions in potential revenue from Amazon, but it has nothing to worry about. That's according to Moody's Jonathan Root, the company's senior vice president and lead analyst for FedEx. "FedEx will achieve higher margins and better returns on its investments in its Express network by redeploying capacity to customers other…

Elon Musk and Jeff Bezos have profound visions for humanity’s future...

Space is a big place, one rich with resources and adventure for the taking. So if you're the imaginative type, leaving Earth offers near-limitless opportunities for humanity's expansion. Of all the people weighing in on how we'll get to space, what we'll do there, and on what timeline, the voices of two billionaires — Elon…

I spent 3 hours walking up Miami’s old ‘Millionaires’ Row,’ and...

Not too long ago, the stretch of Collins Avenue in Miami Beach between 41st Street and 62nd Street was a celebrity hotspot, lined with lavish oceanfront mansions and hip luxury hotels. But several real-estate agents I spoke to said that while the term is still sometimes used to refer to that area, the ultra-wealthy are…

Apple is expected to announce new features for the iPhone, Apple...

Apple's Worldwide Developers Conference is always an important event for the iPhone maker, but this year's gathering is likely to be watched particularly closely. That's because the conference comes just as Apple's widely popular App Store and its relationship with developers have been in the spotlight for a couple of reasons. Earlier this month, a…

Serena Williams and Alexis Ohanian have a combined net worth of...

Following is a transcript of the video. Narrator: In 2015, Serena Williams and Alexis Ohanian went on their first date, a six-hour walk through Paris before the French Open. At the time, it may have seemed strange: a tennis great and a tech guru taking a stroll through one of the most romantic cities in…

China has been dropping hints that it will weaponize its rare...

Over the past week China has dropped numerous hints, via state-media editorials and a highly publicized visit by President Xi Jinping to a magnet factory, that it might restrict exports of rare-earth materials to the US to retaliate against Washington in the countries' trade war. Given the US's heavy reliance on the minerals — composed…

There’s a region near the top of the world’s tallest mountains...

Vanessa O'Brien is an expert mountaineer. She is the fastest woman to climb the highest peak on every continent and the first American and British woman to climb K2, the second-highest mountain in the world. She stopped by Business Insider to talk to about what it felt to be in the "Death Zone", a region…

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