Mindblown: a blog about philosophy.

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…

Analysis: With the economy a key issue among those who voted for Trump, there are significant challenges in areas such as tariffs and energy prices By Conor O’Kane, Bournemouth University In the annual State of the Union address in late February, the US president, Donald Trump, declared: “This is the golden age of America.” In…

Federal Reserve Chairman Jerome Powell and his colleagues are expected to hold their benchmark interest rate steady. Saul Loeb/AFP hide caption toggle caption Saul Loeb/AFP The Federal Reserve’s balancing act is getting harder. The central bank is expected to hold its benchmark interest rate steady on Wednesday as policymakers face growing signs of a softening…

For many seniors, retirement doesn’t mean disappearing from the workforce entirely. Some people want to retire and still work part-time, while others must keep working into their traditional retirement years out of financial necessity. Earning a paycheck is typically not a bad thing for seniors, but things can get tricky because work can affect your…

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard. Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences. At the 8th Future Investment Initiative…

FoFs are taxed based on the structure of the underlying AIF. Category I and Category II AIFs, including FoFs, set up under these categories, generally enjoy pass-through taxation, where income, other than business income, is taxed in the hands of investors rather than at the fund level. Category III AIFs, on the other hand, do…