Mindblown: a blog about philosophy.

The Nasdaq Composite (^IXIC 1.47%) fell 1.47% to 25,882, the S&P 500 (^GSPC 0.51%) slipped 0.51% to 7,534, and the Dow Jones Industrial Average (^DJI 0.20%) edged 0.20% lower to 52,553 as global technology stocks extended yesterday’s sell-off. Gold prices fell 1.85% to $3,972.75 as of U.S. market close, and the 10-Year Treasury yield inched…

Newly retired, average dual-income couples planning to retire in six years should expect to receive $16,900 in annual Social Security benefits if Congress continues to do nothing to shore up the funds used to pay beneficiaries, according to the nonpartisan, non-profit Committee for a Responsible Federal Budget think tank. The trust fund that supplements incoming payroll…

Kevin Warsh has barely settled into his chair at the Federal Reserve, and Congress is already asking uncomfortable questions. Two months after being sworn in as Fed Chair, Warsh appeared before the Senate Banking Committee on July 15, 2026, to address growing concerns about the central bank’s record-keeping practices and how it enforces trading blackout…

Traffic signals on Wall Street ©Roberto Júnior U.S. stock index futures pointed to a lower start on Thursday, suggesting Wall Street could surrender part of the gains recorded over the previous two trading sessions as investors reacted to weakness in technology stocks and renewed geopolitical tensions. Nasdaq 100 futures led the declines, falling 1.1% in…

Warren Buffett wants to give away virtually all of his nearly $150 billion fortune within the next nine years. He should donate some of that money to Trump Accounts, Brad Gerstner says. “Buffett is the greatest investor of all time – synonymous w the American Dream,” Gerstner, Altimeter Capital’s founder and CEO and the architect…

One of the best ways to safeguard investments is by parking money in the healthcare sector. This is because demand for healthcare services remains relatively stable, regardless of market conditions. Among the sector players, many pharmaceutical companies also pay out regular dividends. Companies that consistently offer dividends are financially stable and generate a steady cash…

The US Federal Reserve has tapped former Reserve Bank of India (RBI) Governor Raghuram Rajan and two other prominent Indian-origin leaders for advisory roles to reshape American monetary policy. The appointments were announced Thursday by the newly appointed Fed Chairman, Kevin Warsh, who has established five independent task forces to review the central bank’s operational…

The Data task force, which aims to improve the quality and timeliness of real economic signals informing policy judgments, will be co-led by Raj Chetty, a professor of economics at Harvard University, along with Doug McMillon, former president and CEO of Walmart Inc., and Kevin Murphy, a professor of economics at the University of Chicago.

Wall Street looked set for a mixed open Thursday with further yo-yoing in technology stocks amidst a fresh batch of corporate earnings. Futures pointed to the Dow Jones opening 0.2%, while the S&P 500 was called down 0.2% and the Nasdaq looked set to bear the brunt of the selling, with futures off 0.8% as semiconductor…