Too Many Companies Are Paying Too Much for Stock Buybacks

Smart long-term investors know that they shouldn’t try to time the market. But based on the way public companies been handling their recent record-setting share buybacks, it looks like corporate America hasn’t learned the same lesson. It’s a long-standing rule of thumb that someone investing in, say, a retirement fund, shouldn’t base their investing decisions […]

Does Today’s Market Plunge Point To More Losses Ahead?

U.S. markets took heavy losses Tuesday on continued worry about trade, overheated activity, and growing federal government deficit spending. The S&P 500 was down 48 points or 1.65%; the Dow lost 473 points, or 1.79%; and the Nasdaq was off by 160 points, or about 2%. It could have been worse except for a slight […]

S&P Global CEO: “I Think The Correction Is Over”

It’s been a dizzying rollercoaster ride for investors so far this year. But Doug Peterson, the CEO of S&P Global, has reassuring words for investors. “I think the correction is over” he says. He is in a position to make those kind of bold predictions. S&P Global is in the business of collecting data–especially market […]

Gold-Backed Cryptocurrency Is Almost Here

Investors will soon be able to buy gold and stocks in the form of cryptocurrency, the same way they might buy Bitcoin. Paxos, a New York-based firm that already offers a dollar-backed cryptocurrency (known as a stablecoin) as well as Bitcoin trading services, plans to introduce digital tokens backed by precious metals and publicly traded […]

Lyft Has Proven It Can Grow, But Not Necessarily Make Money

This article first appeared in Data Sheet, Fortune’s daily newsletter on the top tech news. To get it delivered daily to your in-box, sign up here. The financial world must periodically stand agape at the wonder of “technology” companies as they first reveal their results to the public. Lyft, for example, caused much hoopla by […]