Mindblown: a blog about philosophy.
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Rob Manfred Doubles Down On Retirement Plans As MLB Commissioner Amid Looming Lockout Buzz
While the MLB offseason has taken center stage lately, there’s something far more important, and potentially far riskier, lurking in the background. Hanging over the sport is the very real possibility of a lockout in December 2026. This, along with a potential push by ownership for a salary cap, and the threat of lost regular-season…
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Equity mutual fund inflows drop 6% in December; small-cap inflows down 13%
Net inflows into equity mutual fund schemes declined 6% month-on-month to ₹28,035 crore in December from ₹29,894 crore in November, according to data released by the Association of Mutual Funds in India (AMFI). The mutual fund industry’s total assets under management (AUM) stood at ₹80.23 lakh crore at the end of December, down from ₹80.80…
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Budget office expects Federal Reserve to cut rates in 2026
By FATIMA HUSSEIN, Associated Press WASHINGTON (AP) — The Federal Reserve is expected to cut short-term rates in 2026, with its key interest rate settling at 3.4% towards the end of President Donald Trump’s term in office in 2028, according to a new report released Thursday by the nonpartisan Congressional Budget Office. Despite the Fed’s…
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Asian shares rise and US futures are flat after modest Wall Street moves
HONG KONG (AP) — Asian shares were mostly higher on Friday following mixed moves on Wall Street, where President Donald Trump’s talk of raising defense spending spurred a rally in military-related shares. Tokyo’s Nikkei 225 gained 1.1% to 51,692,70. Shares of Fast Retailing, the fashion company behind Uniqlo, jumped more than 7% after its quarterly…
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Dow Jones & Nasdaq 100: US Futures Dip as Jobs Report Looms
Later Friday, the US jobs report will influence the Fed rate path and demand for US stock futures. Economists expect unemployment to fall from 4.6% in November to 4.5% in December, with wage growth predicted to rise 3.6% year-on-year, up from 3.5% in November. Weaker-than-expected wage growth and steady or higher unemployment would likely increase…
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What Warren Buffett's Lucky Monkey Problem Teaches About Successful Investing Today
Key Takeaways Buffett’s monkey analogy is a warning against confusing luck with skill in investing. Applied to today’s markets, it serves as a filter for evaluating returns, strategies, and advice before you act on them. The internet is flooded with people flaunting supposed stock gains, crypto wins, and startlingly profitable options trades. Some sell courses,…
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US Treasury's Bessent says Iran facing precarious moment, economy in trouble
GOLDEN VALLEY, Minnesota — Iran’s economy is facing high inflation and other challenges, partly due to US sanctions, US Treasury Secretary Scott Bessent said on Thursday (Jan 8), underscoring Washington’s concerns about Tehran cracking down violently on anti-regime protests. “The Iranian economy is on the ropes,” Bessent told the Economic Club of Minnesota, underscoring President…
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Federal Reserve Watch: Changes Coming
This article was written by 17.96K Followers Follow John M. Mason writes on current monetary and financial events. He is the founder and CEO of New Finance, LLC. Dr. Mason has been President and CEO of two publicly traded financial institutions and the executive vice president and CFO of a third. He has also served…
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Stock market today: Dow rises as defense stocks jump, Nvidia leads Nasdaq down as all eyes turn to jobs report
Paramount Skydance (PSKY) reaffirmed its offer on Thursday for Warner Bros. Discovery (WBD), saying that its “fully financed all-cash offer” of $30.00 per share was “superior” to the existing agreement with Netflix. “Our offer clearly provides WBD investors greater value and a more certain, expedited path to completion,” Paramount chairman and CEO David Ellison said…
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SEBI Introduces Uniform Compliance Reporting Norms For Specialized Investment Funds
New Delhi: Markets regulator Sebi on Thursday came out with a compliance reporting format to bring uniformity in the way Specialized Investment Funds (SIFs) are reported by mutual funds and asset management companies (AMCs). The Compliance Test Report (CTR) format has been modified to include a new part specifically for SIFs, Sebi said in its…
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