The wealthy are building “passport portfolios” — collections of second, and even third or fourth, citizenships — in case they need to flee their home country

The wealthy are building “passport portfolios” — collections of second, and even third or fourth, citizenships — in case they need to flee their home country, per CNBC. Wealthy families in the U.S. are increasingly seeking second citizenships and national residences as a financial safety net, according to a prominent law

This unconstitutional law is a TikTok ban, and we will challenge it in court

TikTok has said: This unconstitutional law is a TikTok ban, and we will challenge it in court... The fact is, we have invested billions of dollars to keep U.S. data safe and our platform free from outside influence and manipulation. The legislation was introduced due to concerns that TikTok

A record share of renters in the U.S. are spending more than 30% of their income on housing

A record share of renters in the U.S. are spending more than 30% of their income on housing. The positive side is that rent growth is slowing down after two years of rapid increases. This means that renewing your current lease or signing a new one may not lead

The Department of Transportation has issued a new rule requiring airlines to give you an automatic refund if your flight is canceled or delayed or if they lose your bags

The Department of Transportation has issued a new rule requiring airlines to give you an automatic refund if your flight is canceled or delayed or if they lose your bags. "Passengers should receive refunds promptly and hassle-free when airlines owe them," stated US Transportation Secretary Pete Buttigieg. Under

stocks

Here's the options activity for VISA INC (V)

Unusual Options Activity and Flow in VISA INC (V) Today, we Unusual Whales saw tons of unusual options activity, order flow, stock volume, and general options flow. Let's look at some for VISA INC (V). Here are the options volume by expiry currently for V: Here are the

The Department of Labor has raised the overtime threshold

The Biden-Harris administration has announced a final rule that expands overtime protections for millions of lower-paid salaried workers by increasing the salary thresholds required to exempt certain employees from federal overtime pay requirements. Effective July 1, 2024, the salary threshold will increase to an annual salary equivalent to $43,888,

U.S. Senate approves $95 billion aid package for Ukraine, Israel and Taiwan

U.S. Senate approves $95 billion aid package for Ukraine, Israel and Taiwan. The Senate has moved forward with a $95 billion emergency aid package for Ukraine and other US allies under siege, setting the stage for final approval by Congress. According to a White House official, the Defense Department

The FTC just banned non-compete agreements

The Federal Trade Commission (FTC) voted 3-2 on Tuesday to prohibit noncompete agreements that restrict tens of millions of employees from working for competitors or starting similar businesses after leaving a job. The FTC estimates that around 30 million people, or 18 percent of the U.S. workforce, are subject

A 'Buy Bitcoin' sign flashed behind Janet Yellen during Congressional testimony back in 2017 is fetching bids of almost $140,000 in an online auction

A legal pad bearing the words "Buy Bitcoin" scribbled on it is currently attracting bids of nearly $140,000 in an online auction. The hastily written message became a rallying cry for cryptocurrency supporters after it was displayed behind then-Federal Reserve Chair Janet Yellen during Congressional testimony almost

The Attorney General of Connecticut is launching an inquiry into grocery price gouging

Attorney General William Tong, alongside Democratic Senate leaders, announced on Thursday the initiation of an investigation into potential price gouging practices by Connecticut grocery stores. The decision to start the inquiry was prompted by a Federal Trade Commission report, revealing that grocery chains nationwide had used the COVID-19 pandemic to

Russia and China have almost completely stopped using the dollar in their mutual trade, said Russian Foreign Minister Sergei Lavrov

Russia and China have almost completely stopped using the dollar in their mutual trade, said Russian Foreign Minister Sergei Lavrov. Russian Foreign Minister Sergei Lavrov stated in Moscow on Monday that Russia and China have significantly reduced their use of the dollar in their bilateral trade, as reported by Tass.

The S&P 500 just flashed a bullish signal that suggests a 19% gain by August 2025, according to Bank of America, $BAC

In a report released on Tuesday, Bank of America's technical analyst Stephen Suttmeier pointed out that the S&P 500 had recorded 12 consecutive months of positive year-over-year gains. This means that from March 2023 to March 2024, the S&P 500 experienced a positive year-over-year

The Biden administration has now doled out $153 billion in student debt relief for 4.3 million people

The Biden administration has now doled out $153 billion in student debt relief for 4.3 million people, per Axios. The administration has already provided $153 billion in student debt relief to 4.3 million individuals through various initiatives. If approved, the new plan aims to increase assistance to over

Gold could soar 25% in the next 18 months as Middle East tensions and Fed easing boost the precious metal, Citi, $C, has said

Gold could soar 25% in the next 18 months as Middle East tensions and Fed easing boost the precious metal, Citi, $C, has said. Citi predicts that the price of gold will surge by 25%, driven by increased tensions in the Middle East and the expectation of looser monetary policy.

Blackrock, $BLK, CEO Fink has said, "I don’t think inflation will get back to 2% anytime soon"

Blackrock, $BLK, CEO Fink has said, "I don’t think inflation will get back to 2% anytime soon." BlackRock CEO Larry Fink suggested on Friday that the Federal Reserve is likely to cut interest rates this year but may fall short of reaching its inflation target. Amid market

U.N. climate chief has said that there are two years left to save the planet

Humanity has a limited window of just two years to take decisive action and enact significant changes to reduce heat-trapping emissions, according to the head of the United Nations climate agency. This urgent timeline also applies to securing the necessary finances for such a monumental shift. With a 2025 deadline

stocks

Check what the whales are doing with SPOTIFY TECHNOLOGY SA (SPOT)

Unusual Options Activity and Flow in SPOTIFY TECHNOLOGY SA (SPOT) Today, we Unusual Whales saw tons of unusual options activity, order flow, stock volume, and general options flow. Let's look at some for SPOTIFY TECHNOLOGY SA (SPOT). Here are the options volume by expiry currently for SPOT: Here

U.S. weapons maker Lockheed Martin, $LMT, has reported a near 14% rise in first-quarter sales

Lockheed Martin Corp. exceeded expectations in its first-quarter operating income, driven by increased deliveries of fighter jets and missile systems. The defense company's consolidated operating profit remained steady at $2 billion compared to the previous year, surpassing the average analyst estimate of $1.91 billion. Earnings per share

stocks

Let's see what's going on with CLEVELAND-CLIFFS INC (CLF) in the markets

Unusual Options Activity and Flow in CLEVELAND-CLIFFS INC (CLF) Today, we Unusual Whales saw tons of unusual options activity, order flow, stock volume, and general options flow. Let's look at some for CLEVELAND-CLIFFS INC (CLF). Here are the options volume by expiry currently for CLF: Here are the

High-speed rail system from Las Vegas to Southern California has broken ground today

Officials initiated the construction of a new high-speed rail system on Monday, which will link Southern California with Las Vegas. Named the Brightline West system, it will maintain an average speed of approximately 115 miles per hour and achieve a maximum speed of around 200 mph, comparable to other high-speed

Donald Trump set to receive $1.25 billion worth of Trump Media stock in $DJT earnout bonus

Former President Donald Trump is set to receive an additional 36 million shares of Trump Media on Tuesday, as part of an "earnout" bonus valued at over $1.25 billion based on Monday's share price. Trump Media, the owner of the Truth Social app, was trading

The Biden administration is considering providing work permits or deportation relief to millions of undocumented immigrants who have lived and worked in the U.S. for a long time

The Biden administration is considering providing work permits or deportation relief to millions of undocumented immigrants who have lived and worked in the U.S. for a long time, per WSJ. The White House is considering options to grant temporary legal status and work permits to immigrants in the U.

The inflation fight has stalled and the first rate cut won't happen until December, Bank of America, $BAC, has said

The inflation fight has stalled and the first rate cut won't happen until December, Bank of America, $BAC, has said. Bank of America has revised its forecast for the first rate cut of 2024, moving it from June to December, due to the recent series of unexpectedly high

Russia's army is now 15% bigger than when it invaded Ukraine

Russia's army is now 15% bigger than when it invaded Ukraine. "At a hearing with the House Armed Services Committee, US Army Gen. Christopher Cavoli, NATO's Supreme Allied Commander Europe, revealed that the army's size has increased by 15 percent since the invasion

Russia now has grounds to confiscate Western assets after the US House of Representatives passed legislation that would allow the potential transfer of seized Russian assets to Ukraine, per Russian lawmaker

A senior Russian lawmaker stated on Monday that Russia could now consider confiscating Western assets, following the passing of legislation by the U.S. House of Representatives. This legislation would potentially transfer seized Russian assets to Ukraine, as per the remarks made by Vyacheslav Volodin, the Duma speaker and a