Amy Morris

Warren Buffett cautions he's seeing signs of fragility emerging in the banking system as it's become more connected to non-bank players.

And he says it should be a high priority for the Fed, saying that if panic sweeps through the markets, many investors will likely head for the exits.

The 95-year-old Buffett recently stepped down as CEO of Berkshire Hathaway.

Job openings fell and hiring slowed notably in February, pointing to cooler labor demand before the war in Iran triggered additional uncertainty.

The Labor Department says vacancies decreased to 6.88 million from an upwardly revised 7.24 million in January.

After a pickup in openings at the start of the year, the slowdowns in hiring and vacancies indicate employers are proceeding cautiously after a year of near-zero job growth.

Consumer confidence unexpectedly rose in March on slightly more upbeat views of business and labor market conditions.

But the conference board's senior U.S.

economist, Yelena Shalicheva, says this is a surprise.

It also measures the first few weeks of the war in Iran.

Consumer confidence remains subdued compared to recent years as consumers stay cautious about their job prospects and inflation.

Unilever has agreed to combine its food business with Spicemaker McCormick in a $44.8 billion deal that will create a global seasonings, sauces, and condiments company.

The combined company will have a revenue of about $20 billion.

Bloomberg Intelligence Senior Equity Analyst Diana Gomes says the merger makes sense.

Bloomberg's Diana Gomes says there are risks.

Unilever shares more than 7% lower and McCormick shares are 4.5% lower.

NVIDIA says it has invested $2 billion in Marvell technology.

part of an agreement to collaborate on silicon photronics to make AI services more affordable.

Shares of NVIDIA now 5% higher and shares of Marvell have jumped 11%.

The Supreme Court has ruled against a Colorado law that bans conversion therapy.