Arturo Estrella has a message for recession naysayers: It could hit sooner than you think.Marketsread more
Local governments commonly share single service providers, making many vulnerable at once. On top of this, ransomware has often been used to mask more targeted, malicious...Technologyread more
Salesforce released its first earnings report since its $15.3 billion acquisition of Tableau Software, the company's largest deal ever.Technologyread more
Fed Chairman Jerome Powell faces the tough challenge of presenting a unified voice on Fed policy from the most divided Fed in years.Market Insiderread more
Kudlow also said that he still expected Chinese negotiators to meet with Trump administration officials in Washington in September to continue trade talks.Politicsread more
VMware is following through on its proposal to buy Pivotal, a fellow Dell subsidiary, and expanding into cybersecurity with the acquisition of Carbon Black.Technologyread more
Google says it shut down hundreds of YouTube channels tied to misinformation around the Hong Kong protests.Technologyread more
It is a rare scenario where long-term interest rates suddenly fall below short-term interest rates.Real Estateread more
Investors are rushing to get a piece of its privately held rival Impossible Foods before it goes public, according to the Wall Street Journal.Food & Beverageread more
Weisler has been CEO at the company since 2015 when it split from HPE.Technologyread more
Sen. Ted Cruz came to the defense of toy-making giant Hasbro on Thursday after the company came under fire over a "Monopoly Socialism" game that takes as its slogan the phrase...Politicsread more
Here's what "Flash Boys" author Michael Lewis told CNBC's "Power Lunch" on Tuesday about his contention that the markets are "rigged" by high-frequency trading.
"The Flash Boys, the people at the center of the story, they see that the markets have gotten rigged. ... They think regulation is unlikely to cure the problem, the regulators are never going to keep up with Wall Street and, and they build a market-based solution.
"It's sort of like let's build the one fair exchange. What they've done is create a war between investors, people whose money is being mishandled, and the Wall Street firms that are mishandling it, and let's see if we can just let the market solve the problem."
Lewis said that the problems in the market structure "screw-up" were "unintended consequences" from regulations introduced in 2007.
"It's an accidental conspiracy," Lewis said.
"I think the high-frequency traders are like exploiting a system that's got these glitches in it, and they found loopholes to jump through. It's sort of like blaming the lion for eating the antelope that they do what they do," he added. "The problem is the opportunities of predation that they've been given, and they've been given them in part because the exchanges have created these unequal playing fields."
Read MoreWhat is high-frequency trading?