Mindblown: a blog about philosophy.

Macy’s (M) posted better-than-expected fourth quarter earnings results as the department store chain heads into the third year of its turnaround strategy, called Bold New Chapter. Adjusted earnings per share for the holiday quarter came in at $1.84, above the $1.54 the Street estimated, according to Bloomberg. Revenue came in at $7.6 billion, just above…

The influential financial firm Moody’s warned that their leading AI-based economic model put the probability of a US recession starting in the next 12 months at 49% before the Iran war, alerting that high oil prices are now likely to make it cross 50%. ADVERTISEMENT ADVERTISEMENT The company further highlighted that the model has a…

The “frothy bull” market sentiment of the past few months is ending as global investors turn bearish, according to Bank of America Corp.’s latest fund manager survey. The bank’s broadest measure of the market’s mood fell to a six-month low in March and cash levels surged, strategist Michael Hartnett wrote in a note. Participants cited…

Gold bars of various sizes lie in a safe on a table at the precious metal dealer Pro Aurum. This article adheres to strict editorial standards. Some or all links may be monetized. Gold IRAs can be a great way to protect retirement savings from inflation, market volatility and economic uncertainty. For retirees worried about…

The escalating instability in the Middle East has sent shockwaves through global markets, and Australia is finding itself directly in the line of fire. As a regional energy crisis looms, concerns are mounting over the resilience of the Australian economy and its domestic equity market. The situation has forced the Reserve Bank of Australia (“RBA”)…

Concerned about an AI bubble? Sign up for The Daily Upside for smart and actionable market news, built for investors. The first day of spring isn’t until Friday, but one firm is already doing some seasonal cleaning. Direxion is closing and liquidating 10 exchange-traded funds that just didn’t catch on. That might seem like a…

When most seniors think about Social Security, they focus on the monthly checks they’ll receive in retirement. However, the program includes several lesser-known benefits that can significantly increase retirement income or provide financial protection for families. Many eligible seniors miss these opportunities simply because they never realize they qualify. Understanding these overlooked provisions can help…

Amid geopolitical turmoil, the Federal Reserve held interest rates steady at the conclusion of its policy meeting on Wednesday.  An energy shock and higher inflation expectations due to the Iran war ruled out any possibility of an interest rate cut, analysts said. Since December, the federal funds rate has remained steady in a target range of…

Gold Price today in DelhiStandard gold (22 carat) prices in Delhi stand at Rs 1,16,048/8 grams while pure gold (24 carat) prices stand at Rs 1,26,592/8 grams. Gold Price today in MumbaiStandard gold (22 carat) prices in Mumbai stand at Rs 1,15,928/8 grams while pure gold (24 carat) prices stand at Rs 1,26,472/8 grams. Gold…