Mindblown: a blog about philosophy.

It’s been nearly a decade since the Social Security 2100 Act was first introduced in the U.S. House of Representatives. However, every time it has been presented to lawmakers on Capitol Hill, it has failed to gain enough traction to get it over the finish line. This time looks no different, with just over five…

En esta noticia Latest 2027 Social Security COLA projection When Will the Official Social Security COLA Be Announced? Millions of Social Security beneficiaries have a new estimate of what their 2027 Cost of Living Adjustment (COLA) could look like. While the increase has not been finalized, the latest projection suggests recipients may receive a larger…

Key Takeaways The highest money market account rate available today is 5.00% Changes from the Fed or your bank can quickly change money market rates Online banks typically offer the most competitive yields on the market Current Money Market Rates The current average money market rate is 0.47%, while the highest rate is up to…

Consumer prices rose less than expected in June.Credit: Spencer Platt / Getty Images Major stock indexes were mostly higher on a busy Tuesday after the June Consumer Price Index data came in softer than expected, but IBM shares weighed on the Dow Jones Industrial Average after the company issued preliminary results well below expectations.  The…

© bigjom jom / Shutterstock.com The Schwab U.S. Dividend Equity ETF (NYSEARCA:SCHD) spent three years ignored while the rest of you rode the AI trade. This year, the geometry flipped. SCHD is up 20% year-to-date, and the S&P 500, via SPDR S&P 500 ETF Trust (NYSEARCA:SPY), is up about 10%. That is a real gap,…

As of 1:30 p.m. ET, the Nasdaq Composite (NASDAQINDEX:^IXIC) rose 1.06% to 26,147, the S&P 500 (SNPINDEX:^GSPC) gained 0.49% to 7,552, and the Dow Jones Industrial Average (DJINDICES:^DJI) edged up 0.04% to 52,520 as cooling inflation data offset a massive slide in a major blue chip tech component. Gold prices rose 2.23% to $4,095.00 as…

Key Points IBM says customers are diverting spending to storage and memory products. The company “did not anticipate the magnitude of the capex reprioritization.” IBM stock is on track to have the greatest one-day drop in the company’s 115-year history. Shares of International Business Machines (NYSE:IBM) fell by as much as 25% today after management…

Bill Gates is well and truly out in the cold after his closest billionaire friend, Warren Buffett, axed the Gates Foundation from his yearly charity donations over the Jeffrey Epstein scandal. Gates, 70, spent two decades building joint philanthropy projects with Buffett, 95, who has poured more than $43 billion in Berkshire Hathaway stock into…

The dollar index (DXY00) is down by -0.55% today.  The dollar is retreating today after US June consumer prices rose less than expected, a dovish factor for Fed policy.  Also, the benign CPI report has reduced the chances of a Fed rate hike at the FOMC meeting later this month to 12% from 43% on…