The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
Stocks are bouncing higher but could be trapped in a range longer term, until there's a resolution of the trade wars.Market Insiderread more
Powell will have the opportunity if not to walk back the "midcycle" assessment then to at least provide some further explanation about what it means.Economyread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
Apple has spent more than $6 billion on original TV shows and movies for its forthcoming Apple TV+ service, according to a Financial Times report on Monday.Technologyread more
The Business Roundtable, led by Jamie Dimon, gives a new definition of the "purpose of a corporation."Marketsread more
Tilman Fertitta told CNBC on Monday that he is doing things in a "very conservative way" amid fears of a recession.Marketsread more
Saudi Aramco sent a request for proposal to several banks, people familiar with the matter told CNBC on Monday.Marketsread more
Twitter and Facebook have suspended accounts believed to be tied to a state-backed disinformation campaign originating from inside China.Technologyread more
Leaked documents from Google give fresh ammo to conservative lawmakers who have already accused Google and other tech companies of political bias.Technologyread more
J.P. Morgan estimates the average annual tariff cost per household will be $1,000 with the new round of Trump's tariffs.Marketsread more
A meal with Warren Buffett still sells like hotcakes.
The charity auction for a meal with the legendary investor already passed the $1 million mark, hitting $1,000,100 in less than 24 hours. All proceeds will be donated to Glide, a San Francisco charity that provides health care, food, and other services for the city's poor and homeless.
"We're very happy, very happy," the Rev. Cecil Williams, the co-founder of Glide, told Reuters in a phone interview. "We expect the bidding to take off, but $1 million coming this early is somewhat surprising."
Buffett described the charity on the auction page as "maybe the most effective organization I've seen for people down on their luck. It takes people who have hit bottom and brings them back. I've seen it with my own eyes," he wrote.
Buffett first started auctioning off meals to raise money for Glide 15 years ago after he was introduced to the charity by his first wife, Susan, who died in 2004.
Heading into its 16th year, the lunch auction has raised over $17 million for Glide, with the most expensive meal coming in at just shy of $3.5 million in 2012. This year's winner can bring up to seven friends to dine with the "Oracle of Omaha" for a meal at Manhattan steakhouse Smith & Wollensky. Winners in past years supped with Buffett in Omaha at a local steakhouse.Read More
Last year's winner, Andy Chua of Singapore, paid $2,166,766 for his chance to dine with Buffett in New York. Bidding for this year's meal will close on Friday at 10:30 p.m., EST.
—Reuters contributed to this report.