Some Apple employees have become disillusioned with the group's culture, where some have thrived while others feel sidelined.Technologyread more
Biden has shown staying power at the top of a jammed Democratic field even as polling numbers for Sanders, Warren and Harris wax and wane.2020 Electionsread more
The FDIC on Tuesday votes to approve a five-agency revision of the post-crisis regulation known as the Volcker Rule.Financeread more
The yield curve is the only economic indicator pointing to a recession, according to Credit Suisse.Marketsread more
Amid fears of a recession, Domino's Pizza CEO Ritch Allison said Tuesday that the U.S. consumer is still strong.Restaurantsread more
Stocks slipped on Tuesday as investors digested a sharp rebound from a strong sell-off last week.US Marketsread more
Makan Delrahim, assistant attorney general for the antitrust division, said a large group of bipartisan state attorneys general have spoken to the Justice Department about...Technologyread more
With the official launch of the Apple Card, Goldman Sachs has embarked on a multi-decade journey to becoming a leader in consumer banking, CEO David Solomon says.Financeread more
These are the stocks posting the largest moves midday.Market Insiderread more
The move comes as Facebook continues to grapple with its privacy practices and lawmakers' scrutiny over how it uses personal data to display ads. But it probably won't have...Technologyread more
For investors still haunted by last week's monster sell-off, the market's comeback is set to last, according to J.P. Morgan's quant guru.Marketsread more
"I would much rather own many common stocks than bonds," Buffett told CNBC's Becky Quick on "Squawk Box. " "We'd much rather own the business of America than get a 3% for 30 years from the government."
"Stocks actually, in many cases, look like perfectly intelligent investments," Buffett added.
Microsoft co-founder Bill Gates, in a later interview alongside Buffett and Munger, said he thinks 2019 opened with "a big first quarter for U.S. equities."
"We still, if you look forward, are at these very high valuation levels and so it's hard to see that the market will be gaining a lot over the next few years," Gates said. "I think people should have fairly modest expectations for what their portfolios will make in the years in front of us."
Buffett's comments come after he and Berkshire Vice Chairman Charlie Munger discussed why the conglomerate has $110 billion in cash on hand. While it may appear that Buffett and Munger are waiting for better timing, with U.S. stocks climbing to record highs in recent weeks, the investors say their slowing acquisition pace is in part due to Berkshire's competition for buying companies. Munger said that competition is "part of the reason" for Berkshire's pile of dry powder.
"There's probably more competition for buying companies by people who are using other people's money, and therefore, have less sensitivity to price and who are willing to borrow a whole lot more and are being offered the ability to borrow a whole lot more," Buffett said.