Buffett Google bet 2 decades after billionaire inspired search IPO

Buffett Google bet 2 decades after billionaire inspired search IPO

Chip Somodevilla | Getty Images In Google’s IPO prospectus 21 years ago, founders Larry Page and Sergey Brin gave a flattering nod to Warren Buffett, suggesting in their letter to prospective investors that the billionaire investor was a big influence. They titled their founders’ letter, “‘An owner’s manual’ for Google’s shareholders,” and indicated that there…

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Fed Governor Waller backs December rate cut as support for weakening labor market

Fed Governor Waller backs December rate cut as support for weakening labor market

Christopher Waller, governor of the US Federal Reserve, speaks during the C. Peter McColough Series on International Economics at the Council on Foreign Relations in New York, US, on Thursday, Oct. 16, 2025. Michael Nagle | Bloomberg | Getty Images Federal Reserve Governor Christopher Waller on Monday voiced support for another interest rate cut at…

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Acting head of FEMA leaves after short and troubled tenure

Acting head of FEMA leaves after short and troubled tenure

Acting Administrator of the Federal Emergency Management Agency (FEMA) David Richardson testifies before the House Committee on Transportation and Infrastructure Subcommittee on Economic Development, Public Buildings, and Emergency Management in the Rayburn House Office Building on July 23, 2025 in Washington, DC. Kevin Dietsch | Getty Images David Richardson, the acting head of the Federal…

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With markets at new highs, investor sentiment is in ‘euphoria’ territory

With markets at new highs, investor sentiment is in ‘euphoria’ territory

Investor enthusiasm for stocks is reaching a fever pitch, according to a reliable contrarian indicator that is signaling a tough time ahead for the market. An indicator commonly referred to as the Citigroup Panic/Euphoria Model, now officially called the Levkovich Index, is registering a near-record high level, meaning that confidence is sky-high. Specifically, the index…

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