Mindblown: a blog about philosophy.

The risk of a recession in the United States is rising as persistently high oil prices amid the Middle East conflict threaten economic growth, Wall Street analysts say. “Downside risks have increased materially,” EY-Parthenon chief economist Gregory Daco said in a note earlier this week. “Against this backdrop, we now place the probability of recession…

The industrial sector is full of boring businesses, but it’s actually an exciting time to be an investor here. New, potentially massive opportunities are emerging in space and robotics as technological advancements push the world into new frontiers. Tesla (TSLA +1.06%) has long been a beacon of industrial innovation. After helping make electric vehicles cool,…

When you’re in your 20s and 30s, it can be difficult to focus too much on retirement because it seems so far away. But when you’re, say, in your 50s, it starts to feel much more real. Some will be in a position of strength, with significant savings already built up, while others will realize…

Wall Street is cutting its forecasts for the US economy this year, boosting its projections for inflation and unemployment and nudging up the odds of a recession as the impact of the Iran war starts to come into view. Goldman Sachs Group Inc. says the risk of a downturn over the next 12 months has…

One overlooked fact as markets are reeling from the threat of an inflationary shock tied to the war in Iran, is that the US economy remains largely intact. Even as bond yields climb, big tech earnings are still growing and AI spending shows little sign of slowing—creating upside risk for those investors positioned for a…

© Chaay_Tee / iStock via Getty Images Pre-Market Stock Futures: Futures are trading higher as we hit the mid-week point on Wall Street, as it was reported that the United States has sent Iran a 15-point plan to end the war. The major indices were all lower yesterday, except one, but all closed well off…

An investment boom in artificial intelligence has kept China’s trade volumes on a path to exceed last year’s record levels, offsetting disruptions from higher oil prices in the weeks after war broke out in Iran. Nearly 20 million containers moved through Chinese ports in the first three weeks of March, an increase of more than…

Larry W Smith / EPA / Shutterstock.com Warren Buffett earned his reputation as the “Oracle of Omaha” by being one of the most successful investors in history. According to Bloomberg, over the six decades that Buffett led Berkshire Hathaway, the stock more than doubled the average annual return of the S&P 500, an incredible statistic.…

With the war in Iran pushing oil and gas prices higher, and the AI revolution contributing to higher electricity prices, alternative energy sources are looking pretty attractive right now. Perhaps none are looking as attractive as nuclear power, which has the advantage of not requiring constant refueling from unpredictable suppliers and the ability to be built…

By MICHAEL KUNZELMAN and CHRISTOPHER RUGABER WASHINGTON (AP) — The Justice Department’s investigation of a $2.5 billion renovation project at the Federal Reserve didn’t find any evidence of a crime, a federal prosecutor privately conceded under questioning by a skeptical judge earlier this month, according to a transcript of the sealed hearing. That admission by…