Mindblown: a blog about philosophy.

Key Takeaways A sub-advised fund is managed by a different firm or team than where the assets are held, offering expertise in niche investment strategies. Sub-advised funds leverage third-party managers’ specific strategies and expertise, often providing enhanced portfolio diversification. Associated costs with sub-advised funds can be higher due to layered relationships; investors should scrutinize fee…

Key Takeaways Index funds offer diversification and low expense ratios, making them a solid choice for long-term investors. Investing in an index allows exposure to hundreds or thousands of stocks, enhancing diversification and reducing risk. Sector-specific index funds offer diversification within specific industries, allowing targeted investment strategies. Index funds are often more reliable in recovering…

WASHINGTON — White House officials were caught by surprise when a post appeared Sunday night on the Federal Reserve’s official social media channel, with Jerome Powell, its chairman, delivering a plain and clear message. President Trump was not only weaponizing the Justice Department to intimidate him, Powell said to the camera, standing before an American flag. This…

WASHINGTON — Late last year, as President Donald Trump was publicly intensifying his attacks against Federal Reserve and Chairman Jerome Powell, federal prosecutors quietly began a criminal investigation. And when subpoenas were ready, three sources told NBC News, they kept the circle small. The U.S. Attorney’s Office for the District of Columbia didn’t contact main…

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Warren Buffett isn’t the handy type. But in 2012, during a CNBC interview, he explained exactly how someone with a wrench—and a little nerve—could make serious money in real estate. “I would say that single-family homes are cheap…

ATLANTA (AP) — Donald Trump promised in his second inaugural address to fairly apply the law, unlike how he said he’d been treated by federal authorities. “The vicious, violent and unfair weaponization of the Justice Department and our government will end,” he declared on Jan. 20, 2025. Since then, Trump’s administration has gone after multiple…

When the Department of Justice served the Federal Reserve with subpoenas in a criminal investigation on Friday, it zeroed in on the years-long renovation of the central bank’s headquarters in Washington, D.C. But at issue here is not just the cost of the multibillion-dollar construction project. It’s also the extent to which it has become…

Jacquelyn Martin/AP The Trump administration is threatening criminal charges against Federal Reserve Chair Jerome Powell. Powell said it’s part of a pressure campaign from the administration to lower interest rates. Economist Jason Furman explains more. And, in Iran, more than 500 people have been killed during anti-government protests since they started in late December, according…

The Justice Department has threatened the Federal Reserve with a criminal indictment over the testimony of Fed Chair Jerome Powell this summer regarding its building renovations, Powell said over the weekend. It is a major escalation by the administration after repeated attempts by President Donald Trump to exert greater control over the independent institution. Trump…

Yet another government official faces potential criminal charges after clashing with President Donald Trump. This time, the head of the Federal Reserve Board is under federal investigation over testimony he gave to Congress. He and many observers see another example of Trump using the justice system to go after his opponents. Powell calls investigation ‘pretext’…