Earlier today, Chairman Jay Clayton of the US Securities and Exchange Commission ("SEC") released the results of a cybersecurity review that the agency began in May of 2017. One of the most intere...
In 2007, Warren Buffett of Berkshire Hathaway bet Ted Seides of Protege Partners that a low-cost index fund would outperform a set of five "fund-of-funds" (funds that invest in various hedge funds) ov...
Last Friday, shares of Equifax traded down roughly 10% after news of a massive leak was disseminated to the public. In total, 143 million Americans may have had their most treasured personal details c...
Many people believe that a market crash is just around the corner. Meanwhile, the markets continue to tick higher on a seemingly daily basis. Companies such as Amazon, Facebook and Google seem...
Count JPMorgan CEO Jamie Dimon as a non-believer in Bitcoin. Earlier today, during a presentation at the Delivering Alpha conference, Dimon was asked what he thought about Bitcoin, which is the wo...
A rather unfortunate milestone was hit by the United States late last week, as the country officially passed the $20 trillion debt mark. As of this moment, the official debt number looks like this...
There were two big pieces of news this weekend - the ongoing Hurricane Irma saga in Florida, and the massive Equifax breach that has put at risk the most private personal details of an estimated 143 m...
Congressional inquiries. Massive class action lawsuits. Potential insider trading allegations for top executives. These are just some of the possibilities that await the shares of Equifax after th...
Suddenly Steve Ballmer's purchase of the Los Angeles Clippers for $2 billion in 2014 doesn't look like a tremendous overpay - instead, it looks like a very savvy business deal. Earlier today, Tilm...
According to multiple media reports, the North American box office is in very real danger of posting its lowest Labor Day weekend numbers since the summer of 2001. In 2016, the Labor Day long week...
Hurricane Harvey and a missile launch over Japan have been no match for the markets over the past couple of days, as August was able to finish on a very upbeat note. The leading catalyst behind th...
Uber, the ride-hailing app that is valued in the tens of billions of dollars, is having a very hard time finding itself a new CEO. Despite some recent data that showed that Uber's business may be ...
Berkshire Hathaway has nearly $100 billion on its balance sheet. The conglomerate's dozens of subsidiaries and stock holdings throw off plenty of cash every month - after all, cash-generating busi...
Shares of Foot Locker plunged nearly 30% on Friday afternoon after their quarterly earnings report significantly underwhelmed expectations. Shares of the company now trade at $34.48, which is a signif...
The journey to find a buyer for the Miami Marlins seems to have come to an end, as an investor group led by Derek Jeter and Bruce Sherman has reportedly reached a handshake agreement to purchase the c...