BREAKING: 🇺🇸 American wages have fallen to 43% of national income, the lowest since the Great Depression.
For every $1 the US economy produces, workers are getting less of it than at any point since 1929.
The rest is going to corporate profits, which are now at an all time high.
This is why the economy keeps growing but most Americans feel poorer. GDP goes up, wages go up in dollar terms, but workers are getting a smaller and smaller slice of what they actually produce.
Asset prices keep rising for the same reason.
Money that used to go to wages is now going to shareholders instead, and shareholders put it into stocks, real estate and other assets.
BREAKING: Jane Street suffered a massive $15 BILLION loss in July as the AI selloff severely impacted its exposure to Situational Awareness and other tech stocks.
It was the firm’s first negative month since 2016.
Revenue fell -25% from its peak at the end of June.
Despite the loss, Jane Street has generated more than $40B in trading revenue so far this year, already surpassing the $39.6B it generated in 2025.
The firm says it is now pulling back on risk-taking in some strategies after the sharp drawdown.
Pfizer Largest Insider Buys in History 🚨
2 Directors have each purchased $1 million worth of $PFE shares, the largest insider buys in Pfizer's history 🤯 👀
JUST IN: 🇺🇸 Republican Rep. Dan Crenshaw tells Americans struggling with high prices to "stop whining, get a job, eat Ramen."
During his 7 years in Congress, Dan Crenshaw's net worth has increased by an estimated 65% to $1,340,000.
Just In: George Santos (R) told the public he was going to the State of the Union, then bet against himself on Kalshi to make $17,570
The CFTC fined the former congressman $17,500 and ordered him to give up his $17,570 profit
He's also banned from prediction markets for 3 years