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Hasan Piker, Abdul El-Sayed mock Carville’s threats to leave the Democratic Party

NY Post
3 days 15 hours ago
Hasan Piker and Abdul El-Sayed mocked James Carville for threatening to leave the Democratic Party over Piker's rising influence.
Fox News

No alcohol, no problem for this trendy LA bar

NY Post
3 days 15 hours ago
At Free Spirited, the trendy Alhambra alcohol-free bar, the appeal is clear.
Brad Coleman

Why New York’s leaders blatantly aid and abet Medicaid fraud

NY Post
3 days 15 hours ago
No matter how much public shaming they receive, New York politicians not only refuse to crack down on massive Medicaid fraud, they seem eager to cover it up. Consider The Post’s recent visits to adult day-care centers in Flushing. In January, The Post exposed numerous centers sucking up Medicaid dollars while providing little, if any,...
Post Editorial Board

Fury as Nithya Raman greenlights even more taxpayers’ cash for homeless program

NY Post
3 days 15 hours ago
A political war over LA's homelessness crisis exploded Tuesday as Councilwoman Monica Rodriguez cast the lone vote against a $126 million homelessness spending package.
Jamie Paige

Mamdani uses taxpayer funds for film on tenant organizing narrated by anti-Israel ‘Gilded Age’ star

NY Post
3 days 15 hours ago
Mayor Zohran Mamdani has taken a page from his filmmaker mom Mira Nair and released a short taxpayer-funded documentary about tenants organizing against their do-nothing landlord.
Carl Campanile, Craig McCarthy

This Is The Income Needed To Be Happy In 50 US Cities

Zero Rss
3 days 15 hours ago
This Is The Income Needed To Be Happy In 50 US Cities

How much money does it take before earning more no longer makes people happier? Researchers call this threshold the satiation point, and it varies considerably across the United States.

This graphic, via Visual Capitalist's Niccolo Conte, ranks 50 of the most populous U.S. cities by the annual income at which self-reported life evaluation stops improving, using data from Remitly.

Remitly adapted Purdue University‘s income satiation research by adjusting it for purchasing power and inflation, then scaling the U.S. figure to each metro using Numbeo’s cost-of-living index.

Coastal U.S. Cities Have the Highest Price of Happiness

Nationally, happiness levels off at an estimated annual income of $134,827. In New York City, the threshold rises to $195,969, or 45.3% above the national figure.

New York is followed by Honolulu ($192,441) and San Francisco ($191,266). In all three cities, the estimated income threshold exceeds $190,000 a year.

The table below shows the price of happiness in each of the 50 cities and how each compares with the $134,827 U.S. average:

Rank City State Price of Happiness vs. U.S. Average 1 New York NY $195,969 +45.3% 2 Honolulu HI $192,441 +42.7% 3 San Francisco CA $191,266 +41.9% 4 Seattle WA $176,960 +31.2% 5 Washington DC $171,081 +26.9% 6 San Jose CA $169,317 +25.6% 7 Boston MA $168,925 +25.3% 8 Oakland CA $166,965 +23.8% 9 Berkeley CA $163,634 +21.4% 10 San Diego CA $160,694 +19.2% 11 Anchorage AK $159,715 +18.5% 11 Los Angeles CA $159,715 +18.5% 13 Miami FL $155,795 +15.6% 14 Sacramento CA $155,207 +15.1% 15 Philadelphia PA $154,423 +14.5% 16 New Orleans LA $150,092 +11.3% 17 Jersey City NJ $149,328 +10.8% 18 Chicago IL $148,936 +10.5% 19 Atlanta GA $147,565 +9.4% 20 Portland OR $147,369 +9.3% 21 Denver CO $147,173 +9.2% 22 Dallas TX $142,861 +6.0% 23 Baltimore MD $140,706 +4.4% 24 Phoenix AZ $140,314 +4.1% 25 Buffalo NY $140,118 +3.9% 25 Minneapolis MN $140,118 +3.9% 27 Nashville TN $137,766 +2.2% 28 Pittsburgh PA $137,570 +2.0% 29 Tampa FL $137,178 +1.7% 30 Charlotte NC $136,786 +1.5% 31 Columbus OH $136,002 +0.9% 32 Richmond VA $135,218 +0.3% 32 Orlando FL $135,218 +0.3% 32 Indianapolis IN $135,218 +0.3% 32 Madison WI $135,218 +0.3% 36 Raleigh NC $132,867 -1.5% 37 Oklahoma City OK $132,279 -1.9% 38 Fort Worth TX $131,103 -2.8% 39 Salt Lake City UT $130,711 -3.1% 39 Boise ID $130,711 -3.1% 41 Austin TX $130,123 -3.5% 42 Milwaukee WI $128,751 -4.5% 43 Cleveland OH $127,772 -5.2% 44 Knoxville TN $127,184 -5.7% 45 Jacksonville FL $126,400 -6.3% 46 Tucson AZ $125,420 -7.0% 47 Houston TX $125,224 -7.1% 48 Albuquerque NM $123,852 -8.1% 49 San Antonio TX $123,656 -8.3% 50 Cincinnati OH $122,480 -9.2%

The upper end of the ranking is dominated by coastal cities. California alone claims five of the top 10 spots: San Francisco, San Jose, Oakland, Berkeley, and San Diego. Seattle ($176,960), Washington, D.C. ($171,081), and Boston ($168,925) also rank among the most expensive cities.

Overall, 35 of the 50 cities have income thresholds above the national figure, partly reflecting the higher living costs found in many of America’s largest metropolitan areas.

Where Happiness Costs the Least in America

Cincinnati has the lowest estimated price of happiness in the ranking at $122,480, or 37.5% less than New York. Put another way, reaching income satiation in New York requires about 1.6 times as much income as it does in Cincinnati.

Texas is the most heavily represented state near the affordable end of the ranking. Austin ($130,123), Houston ($125,224), and San Antonio ($123,656) all place in the bottom 10, alongside Albuquerque, Tucson, and Jacksonville. Dallas is the only Texas city in the upper half, ranking 22nd.

The pattern closely tracks broader cost-of-living differences between U.S. metros, which also shape the income needed to live comfortably in U.S. cities. Where housing and everyday expenses are lower, the estimated income required to reach the plateau falls as well.

If you enjoyed today’s post, check out Money Can Buy Happiness After All on Voronoi.

Tyler Durden Tue, 08/04/2026 - 18:50
Tyler Durden

Haterade reaches epic level as Dodgers’ Tarik Skubal trade prompts Wrigley Field flyover

NY Post
3 days 15 hours ago
The latest accusation against the Los Angeles Dodgers literally arrived upside down. An airplane flew over Wrigley Field towing a banner that read, “The Dodgers ruined baseball,” ahead of Tarik Skubal’s debut with Los Angeles. The message periodically appeared inverted as the banner twisted against the Chicago sky. The presentation was imperfect, but the complaint...
Ryan Anderson

String of high-profile ‘hate crimes’ against Muslims had nothing to do with religion: investigation

NY Post
3 days 15 hours ago
Muslim civil rights groups are quick to label violence involving Muslims 'Islamophobic hate crimes' often without hard evidence
Isabel Vincent

Rosie O’Donnell’s ‘The View’ reunion comments spark alumni meltdown over invites

NY Post
3 days 15 hours ago
O'Donnell said on a podcast this week that "They're bringing back all the hosts, I think," for the show's 30th anniversary.
mliss1578

Rosie O’Donnell’s ‘The View’ reunion comments spark alumni meltdown over invites

NY Post
3 days 15 hours ago
O'Donnell said on a podcast this week that "They're bringing back all the hosts, I think," for the show's 30th anniversary.
Mara Siegler, Carlos Greer

Mamdani’s ‘ridiculous’ NYC-owned grocery store plan has a shockingly bad business model: critics

NY Post
3 days 15 hours ago
Mayor Zohran Mamdani’s plan for five city-owned grocery stores has a shockingly bad business model, industry insiders argued, citing the administration’s newly released “request for proposals.” The socialist mayor has long touted his plan to bring New Yorkers cheaper goods by opening a “publicly-funded, privately-operated” supermarket in each borough. The socialist mayor has long touted...
Craig McCarthy, David DeTurris

Bears give emerging star tackle Darnell Wright record-breaking four-year, $116 million deal

NY Post
3 days 15 hours ago
The Bears are doing everything they can to ensure their quarterback Caleb Williams succeeds. 
Spencer Brod

Shaquille O’Neal’s strange excuse for why he ‘lost a family’ raises eyebrows

NY Post
3 days 15 hours ago
NBA legend Shaquille O'Neal is getting called out for his explanation about why he "lost a family".
Grant Young

From Forward Guidance To Market Guidance: Warsh's Reflexive Wrecking Ball?

Zero Rss
3 days 15 hours ago
From Forward Guidance To Market Guidance: Warsh's Reflexive Wrecking Ball?

Authored by Nohshad Shah, Citadel Securities EMEA Head of Fixed Income,

The Fed sounds hawkish... but markets are testing the reaction function

Chair Warsh was unequivocal that there is “no soft inflation target”, that five-plus years of above-target inflation cannot be cured by nine weeks of better data, and that this Fed “will not waver”. Yet despite that language…and three members preferring an immediate hike…the FOMC again declined to move.

Warsh instead repeatedly highlighted the large rise in nominal and real Treasury yields since June, arguing that reduced forward guidance had allowed markets to respond more directly to the data and, in effect, deliver some tightening on the Fed’s behalf. 

But all forms of FCI tightening are not equal…higher front-end yields because the Fed has acted to restrain demand are different from a higher long-end driven by investors demanding greater compensation for inflation, term risk, and uncertainty over the reaction function. 

Warsh also left markets with some uncertainty over how inflation will ultimately be judged. He confirmed that PCE remains the measure attached to the 2% target under the current framework, but left open whether that will remain the case after the strategy review concludes in January, while invoking Goodhart’s Law, the Lucas critique, and a broader (but unspecified) set of inflation measures. Those are legitimate cautions against relying mechanically on a single statistic. 

But investors will still want greater clarity over what the Fed will regard as evidence that inflation has returned to 2%. A fixed numerical target attached to a potentially changing measure risks making the reaction function harder to interpret, particularly while inflation remains materially above target. There may be a strong case for improving the framework, but markets will want reassurance that reform does not amount to changing the measuring stick before success has been achieved.

The initial market response suggests that reassurance has not yet been secured: 30y Treasuries have sold off, breakevens have widened, while equities and the dollar have weakened. Investors may interpret that combination less as a clean tightening in response to stronger growth and more as a challenge to the credibility or clarity of the policy framework. 

It is also an uncomfortable outcome in a market already unsettled by rising oil prices amidst the conflict with Iran and the accelerating unwind in AI momentum. The risk from here is a negative feedback loop: higher long-end yields pressure duration equities; equities fall while bonds fail to hedge; correlated losses force further deleveraging and the resulting tightening in financial conditions gives the Fed another reason to wait…which, in turn, encourages investors to demand still more inflation and term premium. 

This is the reflexivity at the heart of “market guidance”…the Fed holds because markets have tightened, while markets tighten because the Fed has held.

Markets may be able to deliver part of the required tightening, but they will still look to the Fed to anchor the inflation outlook.

Tyler Durden Tue, 08/04/2026 - 18:30
Tyler Durden

Anti-Israel Mamdani, NYPD’s Tisch appear chummy at crime-fighting events — days after she reportedly called out ‘antisemitic rhetoric’

NY Post
3 days 15 hours ago
Anti-Israel Mayor Zohran Mamdani and Jewish NYPD Commissioner Jessica Tisch appeared chummy Tuesday at “National Night Out Against Crime” events — days after the police boss reportedly called out “antisemitic rhetoric.” The pair gave every indication of mutual friendliness onstage at the back-to-back events in Bed-Stuy in Brooklyn and Harlem in Manhattan, where they hyped...
Greg Carlton, Matt Troutman

Lindsay Clancy speaks up at her murder trial for first time — in attempt to speed up proceedings

NY Post
3 days 15 hours ago
Lindsay Clancy spoke out in court Tuesday for the first time since the disturbing murder trial accusing her of strangling her three young kids began over a week ago.
Priscilla DeGregory

Ahead of Trump’s SoCal visit, heavily armed Downey man arrested at Trump Golf Course

NY Post
3 days 15 hours ago
An armed man was arrested Sunday with a cache of weapons and body armor outside Trump National Golf Course.
Nina Joudeh

Armand Membou gets better of David Bailey in latest Jets camp battle

NY Post
3 days 15 hours ago
Observations from Jets training camp Tuesday.
Zach Braziller

Why Packers offensive lineman Zach Tom changed his name in surprise

NY Post
3 days 15 hours ago
Zach Tom is now Zach Bako-Bewele. 
Spencer Brod

Dad, 2 daughters found dead hours after divorce hearing — as mom says she ‘fought so hard to try to keep them safe’

NY Post
3 days 16 hours ago
The heartbroken mother of two whose husband and children were found dead just hours after her divorce hearing said that she “fought so hard” to safeguard her kids and was “forced” to put them in harm’s way.
Daniel Cody

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