'Buffett Indicator' for stock valuation passes 200%, beyond level he once said is 'playing with fire'
"If the ratio approaches 200% — as it did in 1999 and a part of 2000 — you are playing with fire," Buffett wrote in 2001.
The private sector lost 33,000 jobs in June, badly missing expectations for a 100,000 increase, ADP says
Economists polled by Dow Jones forecast an increase of 100,000 for the month.
Coinbase says hackers bribed staff to steal customer data and are demanding $20 million ransom
The incident may cost Coinbase up to $400 million to fix, the company estimated.
Warren Buffett amasses more cash and sells more stock, but doesn't explain why in annual letter
"The great majority of your money remains in equities," Buffett wrote in his highly-anticipated annual letter. "That preference won't change."
'I have no money': Thousands of Americans see their savings vanish in Synapse fintech crisis
CNBC spoke to a dozen customers caught in the Synapse fintech predicament, people who are owed sums ranging from $7,000 to well over $200,000.
Justice Department accuses Visa of debit network monopoly that impacts price of 'nearly everything’
Visa and MasterCard have surged in the past two decades, reaching a combined $1 trillion market cap. That has attracted unwanted attention from regulators.
Justice Department accuses Visa of debit network monopoly that impacts price of 'nearly everything’
Visa and MasterCard have surged in the past two decades, reaching a combined $1 trillion market cap. That has attracted unwanted attention from regulators.
Jeff Bezos' family office is making big investments in AI
Bezos Expeditions has always tilted heavily toward tech. Fully 70% of the family office investments are in technology, according to FINTRX.
Southwest to get rid of open seating, offer extra legroom in biggest shift in its history
Southwest is under pressure to drum up revenue from an oversupplied U.S. market and an activist investor.
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