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Much of America’s great wealth remains concentrated at the very top of the very top. The 20 richest people in the countr...
09/19/2025

Much of America’s great wealth remains concentrated at the very top of the very top. The 20 richest people in the country hold a collective $3 trillion—nearly half of all American billionaire wealth—up from $2.3 trillion a year ago.

All of us like to think we are worth every penny of our paychecks—and then some. Many Americans who scored big raises a ...
05/15/2025

All of us like to think we are worth every penny of our paychecks—and then some. Many Americans who scored big raises a few years ago are coming to the harsh realization that they are overpaid in today’s cooler job market.
It’s not that they are failing to live up to the deals they signed. It’s that wages have fallen in tech and other industries while the expansion of pay transparency laws makes it hard to ignore this truth.
The thought of a pay cut is especially unnerving for those who bought homes and built comfortable lifestyles around their high earnings. Some worry their salaries could put bull’s-eyes on their backs if their employers decide to cut costs.
“If I got laid off, I think it’d be hard to match my current salary,” says Jacob Timm, a software engineer in Minnesota. “I think I’d have to look a little bit longer and be willing to take a pay cut if I went six months without a job.”
Do you think workers in your industry are overcompensated?

Most of the Magnificent Seven companies are trying to figure out the threat of artificial intelligence to their kingdoms...
05/10/2025

Most of the Magnificent Seven companies are trying to figure out the threat of artificial intelligence to their kingdoms.

Real hustle means being strategic.Doing the hard things now so you can enjoy the right things later—without debt, chaos,...
05/08/2025

Real hustle means being strategic.
Doing the hard things now so you can enjoy the right things later—without debt, chaos, or a boss controlling your time.

📘 U.S. tariff negotiations: Bessent and Trump made speeches to try to calm the market, Trump said there is no plan to fi...
04/24/2025

📘 U.S. tariff negotiations: Bessent and Trump made speeches to try to calm the market, Trump said there is no plan to fire Powell, hope to reach an agreement with China; Bessent showed that the tariffs standoff is now a de facto trade embargo, indicating that it is aware of the seriousness of the current situation, and the market is looking to it to be more effective in influencing Trump. U.S. media said the U.S. plans to reach a “memorandum of understanding” with Japan and India first, but the negotiations are expected to continue for several months; the White House intends to release positive signals, but the progress of the negotiations in the short term is still not optimistic.
- Trump delivered a speech saying he has no intention of firing Powell, wants the Fed to cut interest rates, said 145% tariffs on China are too high, expects to reach an agreement with China, and emphasized that he has a good relationship with Xi Jinping.
- Bessent said at the JPM closed-door meeting that the U.S.-China tariff standoff is unsustainable, and both sides are expected to seek to cool down, short-term or difficult to reach a comprehensive agreement, calling the current tariff standoff a “de facto trade embargo”.
- U.S. media said the U.S. plans to reach a “memorandum of understanding” with Japan and India first, but it will take several months to resolve major differences, the agreement may be difficult to finalize.
- Japan and the U.S. finance ministers focused on exchange rate issues, the U.S. expects the yen to appreciate, the ideal target is 100 against the dollar, the reality of the target may be around 120.
- WSJ said the U.S. side of the U.K. trade deal will push the British side to cut auto tariffs from 10% to 2.5% and ease agricultural import standards.
- U.S.-India talks focus on opening up India's e-commerce market to level the playing field for U.S. firms and cover areas such as food and automobiles.
- Vietnam's Prime Minister said tariff negotiations should be consistent with its international commitments and avoid affecting other markets.

That's so cute.
04/22/2025

That's so cute.

Bitcoin reclaims $87,000
04/22/2025

Bitcoin reclaims $87,000

⚡️NEW: $10T AUM Charles Schwab, announces its 'likely' to launch direct spot crypto offerings in the next 12 months.
04/21/2025

⚡️NEW: $10T AUM Charles Schwab, announces its 'likely' to launch direct spot crypto offerings in the next 12 months.

This one gone be special…
04/20/2025

This one gone be special…

The tenderness and the roughness play between the teeth, and the moment the gravy bursts, it's worth sleeping late tonig...
04/18/2025

The tenderness and the roughness play between the teeth, and the moment the gravy bursts, it's worth sleeping late tonight.”

The S&P 500 may be down 2.24% today but Tesla is down 4.94% so comparatively not so bad. And that means Tesla is activel...
04/17/2025

The S&P 500 may be down 2.24% today but Tesla is down 4.94% so comparatively not so bad.
And that means Tesla is actively dragging down the S&P.
(S&P 500 still up long term - and wayyyyy safer to hold index funds than individual stocks, which *can* go to zero if the company goes under)

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