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09/05/2026

Masayoshi Son sold 4.9% of Nvidia in 2019 for about $3 billion.
That stake is worth $210 billion today.
He calls it “the fish that got away.”

📸 X by Kunoo

If you’re having a bad day, remember someone paid $500 a share for a yoga pants company. You’re welcome for the reminder...
09/04/2026

If you’re having a bad day, remember someone paid $500 a share for a yoga pants company. You’re welcome for the reminder.

$LULU peaked near $511 in December 2023. Yesterday it fell below $100 for the first time since 2018, after a 4% revenue drop, comparable sales down 9%, and the second full-year guidance cut of 2026. Tariffs, heavy markdowns, and product launches nobody asked for did the rest.

Financial aid at elite private schools is reaching families earning $500,000 a year.Tuition at America’s most exclusive ...
09/03/2026

Financial aid at elite private schools is reaching families earning $500,000 a year.

Tuition at America’s most exclusive private schools now averages close to $50,000 annually, and can reach $80,000 for boarding students. That’s before class trips, activity fees, and donation requests.

What’s changed is how openly schools talk about discounts. Many are actively promoting the aid they offer to families with incomes well into six figures, a group that historically wouldn’t have applied.

If you’ve assumed aid wasn’t an option at your income level, it may be worth asking.

📸 Stock Images

Half of all outstanding U.S. mortgages carry a rate below 4%, and that one number explains why the housing market is fro...
09/03/2026

Half of all outstanding U.S. mortgages carry a rate below 4%, and that one number explains why the housing market is frozen. Redfin counted an estimated 966,752 active homebuyers in July, the lowest on record, against roughly 1,462,921 sellers, leaving nearly half a million more sellers than buyers.

On paper that should favor buyers, and nearly 80% of major metros now qualify as buyer’s markets. In practice, both sides are stuck. Anyone who bought or refinanced between 2020 and 2022 would be trading a sub-4% payment for today’s 6.66% average, which on a $400,000 loan means hundreds of dollars more per month for the exact same house.

Sellers won’t move because the math punishes them, and buyers can’t close because prices never came down to meet the rates. Until borrowing costs drop meaningfully, the standoff holds.

Inflation gets all the headlines. Meanwhile, the market has been quietly outrunning it.After adjusting for inflation, th...
09/02/2026

Inflation gets all the headlines. Meanwhile, the market has been quietly outrunning it.

After adjusting for inflation, the S&P 500 returned 14.76% in 2025, 21.47% in 2024, and 22.11% in 2023. Three years in a row where stocks didn’t just hold their ground against rising prices, they pulled ahead of them.

Zoom out and the pattern holds. Over the last two decades, stocks only lost to inflation four times: 2008, 2011, 2018, and 2022. The strongest real return came in 2013, around 30.4%, back when inflation was barely a rounding error.

The reason is simple. Companies raise prices too, and their earnings grow along with inflation instead of getting eaten by it. Your savings account doesn’t have that option.

The median age of an American homebuyer just hit 59, an all-time high in a survey that’s been running since 1981, when i...
08/31/2026

The median age of an American homebuyer just hit 59, an all-time high in a survey that’s been running since 1981, when it was 31.

First-timers aren’t faring better. Their median age climbed to 40 this year, up from 38 in 2024, and they now make up just 21% of all buyers, the smallest share on record.

The flip side: repeat buyers are 79% of the market, a record 26% of all buyers paid cash, and financed repeat buyers put down a median 23%, the biggest since 2003. The people buying homes right now are the ones who already own one.

📸 Getty Images

The U.S. national debt just passed $40 trillion for the first time.The number is hard to feel, so here is the part that ...
08/30/2026

The U.S. national debt just passed $40 trillion for the first time.

The number is hard to feel, so here is the part that matters. It took five months to add the last trillion. The total has doubled since January 2017, when it sat at just under $20 trillion. The debt is now bigger than everything the U.S. economy produces in a year, with debt to GDP around 123%.

The government is paying roughly $1.1 trillion a year just in interest, slightly more than it spends on defense. That is not spending on anything. It is the cost of having borrowed.

Here is where it lands on you: investors want higher interest rates to keep lending, which pushes up borrowing costs for everyone else. The average 30 year mortgage is near 6.7%.

A number this big stops sounding real. Your rate on a car loan is where you actually meet it.

📸 Getty Images

New dream job unlocked.Snoop Dogg is hiring an international ice cream taster and the pay is $10,000 a month.Not a bit. ...
08/29/2026

New dream job unlocked.
Snoop Dogg is hiring an international ice cream taster and the pay is $10,000 a month.

Not a bit. Not a giveaway. Dr. Bombay, the brand he co-founded with his son Cordell Broadus, put out a real posting through Deel for a three month contract. Fully remote, open to anyone in the world, some travel included.

Here’s the part that makes it interesting: they are not asking for culinary experience. What they want is curiosity, an outgoing personality, and someone who can spot a flavor trend before it hits. That’s it.

$30K for three months of work you would arguably do for free. Applications close three weeks after they opened on August 27.

The qualifications for a good job keep changing. Sometimes in your favor.

08/28/2026

Happy fed day to all who celebrate.

The new fed chair flew all the way to wyoming to tell investors they shouldn’t be “looking primarily to the Fed for their next trade.”

The market immediately made a trade based on what he said. odds of a september rate hike went from 1 in 3 to a coin flip while he was still on stage.

he wants a quieter fed.
he’s gonna need a quieter market first.

Meta has reportedly agreed to pay up to $17.1 billion to settle claims from U.S. states accusing Facebook and Instagram ...
08/28/2026

Meta has reportedly agreed to pay up to $17.1 billion to settle claims from U.S. states accusing Facebook and Instagram of using addictive features that harmed kids and teens. The case was set to go to trial, but the settlement could bring it to an end. Crazy to think that keeping people scrolling might now come with a $17 billion price tag.

📸 Getty Images

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