Mindblown: a blog about philosophy.

US recession 2026 prediction explained: Worries about a possible US recession are growing, as new data and forecasts suggest the economy may be under more pressure than it appears. While Federal Reserve Chair Jerome Powell recently pushed back on concerns about stagflation, economists say risks are rising due to global tensions and signs of weakness…

Stocks closed the week with sharp losses Friday as Wall Street sought refuge from the financial blowback of the war in Iran. The Dow Jones Industrial Average closed with a loss of nearly 800 points Friday, falling 1.7 percent on the day. The index closed at 45,166.64 points, down more than 10 percent from its…

From 7h ago Wall Street hits six-month low as Trump ‘appears to lose his grip on markets’ Traders on the floor of the New York Stock Exchange today. Photograph: Spencer Platt/Getty Images The US stock market has dropped to its lowest level since last September, as analysts warn that president Trump may be losing his…

Bonds sold off on Friday in a sign that investors expect the Federal Reserve to be more hawkish on interest rates amid concerns that surging oil prices could drive up inflation. The 10-year Treasury (^TNX) yield, which moves inversely to bond prices, jumped as high as 4.46%, its highest level since July, as President Trump’s…

Stocks got off to a strong start to the week after after President Donald Trump revealed the two countries had “productive” conversations about potentially ending the hostilities. Despite the surge that ensured, few think the bottom is in for stocks — as selling resumed later in the week — with some warning of a new…

By CHRISTOPHER RUGABER WASHINGTON (AP) — The jump in gas prices stemming from the war in Iran has had another impact that may also affect many Americans’ finances: Higher interest rates. Longer-term interest rates have risen quickly since the war began Feb. 28, pushing up the cost of mortgage loans, auto loans, and business borrowing. And with…

While Tesla (TSLA 2.70%) has seen some big share price swings over the last year, the stock has generally been on a hot streak. The company’s share price has risen roughly 37% over the last 12 months. However, some skeptics are arguing that the electric vehicle (EV) leader’s valuation is on pace for a dramatic…

The Dow Jones Industrial Average entered correction territory Friday after five straight weeks of losses, as investors worry the Iran war could lead to a long-term disruption of Persian Gulf energy supplies and fuel a new wave of global inflation. The Dow Jones tumbled 793 points, or 1.7%, to 45,167 on Friday. The index has shed 10%…

By CHRISTOPHER RUGABER WASHINGTON (AP) — The jump in gas prices stemming from the war in Iran has had another impact that may also affect many Americans’ finances: Higher interest rates. Longer-term interest rates have risen quickly since the war began Feb. 28, pushing up the cost of mortgage loans, auto loans, and business borrowing. And with…

By Douglas Gillison WASHINGTON, March 27 (Reuters) – Nearly one in five staff members had departed Wall Street’s top regulator by ‌September of last year under normal attrition and the ‌Trump administration’s campaign of job cuts, with losses falling most heavily on divisions overseeing investment ​managers and stock markets, an independent congressional watchdog reported Friday.…