Mindblown: a blog about philosophy.

Middle East oil has long been a linchpin of the U.S. dollar’s status as the dominant currency in global trade and reserves, but President Donald Trump’s war on Iran could open the door to China’s currency, according to Deutsche Bank. In a note on Tuesday, analysts pointed out that the current “petrodollar” regime goes back…

The Dow Jones Industrial Average lost nearly 800 points today, and the broader benchmark S&P 500 Index just posted its fifth straight weekly loss, marking its worst streak since 2022. The culprit is the war in Iran, which has spread to other parts of the Middle East and lifted crude oil futures back over $99…

Futures on Wall Street have extended their losses from Friday’s steep sell-off as trading resumed after the weekend break on Sunday evening local time on March 29. This, as the war in West Asia has entered its fifth week with no signs of de-escalation despite mediation efforts from regional countries. Futures linked to the Dow…

The world was very different back in 1999. The West Wing was one of the biggest shows on network television, and cable viewers were just getting hooked on The Sopranos. President Bill Clinton was facing impeachment, and Columbine became a household name for all the wrong reasons. Moviegoers were drawn into The Matrix, and the…

TLDR: Table of Contents S&P 500 posts fifth weekly loss as RSI drops below 30, signaling oversold market conditions. Traders cite past crash patterns showing brief rallies before deeper declines in similar setups. Iran conflict raises oil disruption fears, adding pressure to already weakening market sentiment. Futures suggest a steady open near 6,400 despite growing…

China launched two probes into US trade practices on Friday, mirroring Washington’s moves in an escalating trade standoff ahead of US President Donald Trump’s May visit to Beijing. Beijing said the investigations were reciprocal after the US opened trade inquiries into China and other countries this year. Both sides are aiming to build leverage before…

Key Points ConocoPhillips only needs oil in the mid-$40s to fund its capital spending plan this year. EOG Resources can generate a return of more than 100% on new wells drilled at $55 oil. Diamondback Energy can maintain its current production rate at $30 oil. Oil prices have soared this year due to the war…

honglouwawa/iStock via Getty Images By Jennifer Nash The S&P 500 finished the week at its lowest level in over seven months and is now inches away from correction territory, sitting 8.74% off its all-time high from January 27, 2026. The index posted its

Broadcast Retirement Network’s Jeffrey Snyder discusses how employers can use cash balance retirement plans to complement their existing retirement strategy with Pentegra Retirement Services’ Bruce Harrington and Kate Blake. Jeffrey Snyder, Broadcast Retirement Network Well, joining me now, Bruce Harrington and Kate Blake, both from Pentagra Retirement Services. Bruce, great to see you again. Kate,…

A retired couple takes a walk through the forest during the spring. Millions of Americans have been doing what they’ve been told to build a nest egg; saving in a 401(k), contributing regularly and hoping it will be enough to retire one day. But a major global report suggests the system itself may be falling…