Mindblown: a blog about philosophy.
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IRS extends relief for crypto brokers
The Internal Revenue Service issued a notice Wednesday extending temporary relief for another year on using alternative methods for brokers of digital assets, such as cryptocurrency. Processing Content Notice 2026-20 extends the temporary relief provided last January under Notice 2025-7 for an additional year. The notice allows eligible taxpayers to use certain alternative methods for…
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Federal Reserve chief Jay Powell says Iran oil crisis will worsen US inflation
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Federal Reserve holds interest rates steady, projects one cut this year
Federal Reserve officials expect the Iran war will worsen inflation this year while having little impact on economic growth, but they still expect to cut their key rate once in 2026. For now, Fed policymakers left short-term interest rates unchanged Wednesday for the second straight meeting at about 3.6%. In a statement, the central bank…
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Wall Street Lunch: Private Credit Funds Face $10B Investor Exit Wave
georgeclerk/iStock Unreleased via Getty Images Listen below or on the go on Apple Podcasts and Spotify Private credit funds limit withdrawals after wealthy investors seek $10B. (0:15) Alibaba prepares enterprise AI agents launch. (1:38) Record number of companies mention AI on earnings calls. (2:09) This is an abridged transcript of the podcast: Our top story…
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Wall Street has a stark message for Nvidia investors
Jensen Huang walked off the GTC stage on Monday having just projected at least $1 trillion in chip revenue through 2027. Wall Street analysts spent Tuesday calling it a floor, not a ceiling. And Nvidia (NVDA) stock sat there, barely moving, trading right where it was before the whole thing started. That disconnect tells you…
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Bank of England expected to leave interest rates on hold as oil and gas prices surge; UK pay growth hits five-year low– business live
From 47m ago Introduction: Bank of England interest rate decision today Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. The world’s central bankers are facing a conundrum right now. With the Middle East crisis pushing up energy prices, inflation risks lingering, and economies looking weak, should…
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You Can Now Trade Official S&P 500 Perpetual Futures via Hyperliquid
In brief S&P Dow Jones Indices licensed the S&P 500 to Trade[XYZ], enabling round-the-clock speculation on the largest publicly traded companies in the U.S. The development comes as the CFTC develops a regulatory framework for perpetual futures in the U.S., which could be unveiled soon. Perpetual futures tied to indices and exchange-traded funds are becoming…
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Stock futures slip after Dow falls to fresh 2026 low: Live updates
Traders work on the floor of the New York Stock Exchange at the opening bell on March 18, 2026. Angela Weiss | Afp | Getty Images U.S. stock futures slid Wednesday night after the Dow Jones Industrial Average dropped to a fresh 2026 low, as inflation fears took hold on Wall Street. Dow futures fell…
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Jim Cramer says you can still find stocks to buy on tough days in the market
Oil spiking and hot inflation data shook Wednesday’s stock market, leaving investors with few places to hide. But there’s still room to nibble on select stocks, according to CNBC’s Jim Cramer. “If I didn’t own it, I would buy the stock of Nvidia,” Cramer said on “Mad Money,” explaining that the AI-leader and CNBC Investing…
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2 Energy Stocks That Could Be Bigger Winners Than Crude Oil
With the Strait of Hormuz currently closed and the threat of ongoing attacks on energy infrastructure in the Persian Gulf and the Gulf of Oman, and the price of oil almost $100 a barrel at the time of writing, investors have inevitably started looking at which energy-related stocks might help protect a portfolio from headline…
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