Looks like male moguls are spending less on their engagement rings these days. Sound the alarm. [Styleite]

It also looks like people are willing to spend $25 on a tube of lip gloss from the minibar at the Trump SoHo, though. [HotelChatter]

And here’s something smaller than a mini-fridge that’s worth $5 million (of illegally downloaded information, that is). [Geekosystem]

Ever wonder why you make irrational decisions after a long day of choosing which stocks to buy, how rare you want your steak to be at Le Cirque, and which color you want the interior of your new racing Ferrari to be? Now there’s an answer: decision making fatigue. [NYT]

Martha Stewart probably has some of that decision fatigue after the (very rough) past few months she’s had. Possibly her worst ever — well, aside from that whole prison thing. [The Grindstone]

Speaking of decisions, Mike Duke, CEO of Walmart, might have to make a few in the upcoming weeks — looks like the superstore giant isn’t doing as well as usual. [AdAge]

Oh no! Looks like there’s been a fire at Necker Island, Richard Branson’s private luxury island in the British Virgin Islands (of course).

Luckily, everyone got out safely, including guest Kate Winslet, who helped carry Branson’s “90 year mum out of the main house to safety.” Way to save the day, Kate! Almost sounds like something out of a movie.

I have just been handed an urgent and horrifying news report: Donald Trump has turned down Kim Kardashian’s wedding invite. He’s clearly not as big of a fan of Kim’s… fiancé… as Eric Schmidt. [E Online]

Speaking of horrifying things, have you seen the chandeliers and décor at Candy Spelling’s old place mansion? Petra Ecclestone has, and she doesn’t approve. [TMZ]

Word in the hotel world is that Andre Balazs (hotel mogul and owner of the spectacularly ugly yet somehow luxe Standard Hotel in New York) is looking to take over The Cooper Square Hotel. Juicy. [Hotel Chatter]

And here’s a creepy little clip of a Bank of America exec telling Rick Perry he’s there to “help” him. What kind of “help,” exactly? We’ll leave that one up to your imaginations. [Gawker]

Ashton Kutcher: new (well-paid) new star of Two and a Half Men, resident of the world’s swankiest trailer, beloved host of the old MTV show Punk’d, and… violator of FTC rules?

Okay, let’s back up.

So here’s the deal. Ashton guest edited for Details, the Condé Nast magazine covering fashion, “lifestyle” items, and presumably other stuff that Condé magazines usually cover. In one of the pieces of Details, people called “The New Titans of Tech” are covered. And out of these new “titans,” three out of the four profiled are involved in companies Kutcher has invested in (Airbnb, Foursquare and Flipboard).

Most people would probably be thrilled to sell a ranch for $17.8 million, especially in the current economic situation. But most people aren’t Rupert Murdoch.

Murdoch and his wife, Wendi Deng, have just sold their palatial Carmel Valley, Calif. estate, according to Hollywood Reporter. At first glance, it seems like it might be somewhat related to the whole News Of The World scandal, but considering how much money Murdoch has — and how paltry $17.8 million seems in comparison to his total fortune — that might be a bit of a stretch. So what’s the real reason?

Wanna be mogul Gwyneth Paltrow — of GOOP fame — saved a woman’s life on 9/11. By almost running her over with a car. Seriously. [People]

And while Gwyneth’s head is surely filling with air over all the press of her saintly deed, mogul Christopher Flowers is definitely losing his: the mansion he bought sold for $16.5 million less. Ouch. [Curbed]

Pity the waiter or waitress who has to serve the mighty LeBron James or Tiger Woods: apparently they’re the worst celebrity tippers around. Rude! [Sportsgrid]

So the stock market is tanking, things are falling apart, people are losing tons of money, things are generally looking bleak and, yea, it’s bad. The silver lining in this disaster? We get to be treated to an epic CNBC Jim Cramer freak out.

Our friends at Mediaite have pulled together a clip of him exploding at fellow reporter Simon Hobbs and eventually getting into such an intense fight that the poor reporter listening to the two duke it out has to say “Hold on guys, let’s just calm down a little” at the end of the clip. So if you’re a financial titan feeling stressed about the market lately, take heart — at least you’re not getting into a yelling match like these guys. Well, on national television, that is.

So you’re a mogul who has a spare $98.5 million in your coffers. Sure. And you’d like to buy a home that says… “I have $98.5 million in spare cash.” Don’t be bashful. You’ll find the right home.

Why? Because, for those of you who would like to spend the GDP of a small nation on a penthouse that looks like it’s inside of a futuristic cheese grater, ONE57 has a deal for you!

If you thought the details in the case against Jeffrey Gundlach couldn’t get more awkward than his alleged treasure-trove of in-office sex toys and the papers he purportedly stole that “would equal two-and-a-half Empire State buildings, if stacked,” you were wrong.

Because Gundlach’s side is firing back. And it isn’t pretty.