Unusual Whales

Following all the market activity, big or small, and reporting on it. Financial journalism isn't dead in the ocean.

Hertz has contacted multiple electric vehicle renters recently with interesting low-cost offers for cars like Teslas, offering them the option to buy their rental EVs instead of returning them

Hertz has recently approached several electric vehicle (EV) renters with enticing low-cost offers to purchase their rental cars, including models like Teslas. One Reddit user, who rented a 2023 Tesla Model 3, reported being offered a purchase price of $17,913 — a figure comparable to listings on the Hertz Car
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California Governor Gavin Newsom’s administration is drawing up plans to help illegal migrants avoid deportation when President-elect Donald Trump takes office

California Governor Gavin Newsom's administration is developing a potential plan to support undocumented immigrants who may face threats of mass deportation under President Donald Trump’s administration. The plan includes providing resources such as legal aid. A draft proposal titled “Immigrant Support Network Concept,” obtained by POLITICO, outlines
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Donald Trump has said: If Canada was to become our 51st State, their Taxes would be cut by more than 60%, their businesses would immediately double in size, and they would be militarily protected like no other Country anywhere in the World

Donald Trump has suggested cutting taxes for Canadians and floated the idea of hockey legend Wayne Gretzky leading the country. “I just met with Wayne Gretzky, ‘The Great One’ as he’s known in hockey circles,” Trump wrote on Truth Social. “I told him, ‘Wayne, why don’t you run
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The growing instability in the U.S. homeowners insurance markets could lead to a housing crash worse than the 2008 one unless policymakers act fast, the Senate Budget Committee has said

The U.S. homeowners insurance market is facing growing instability, posing a threat of a housing crash that could surpass the severity of the 2008 crisis unless swift action is taken, warns a new report from the Senate Budget Committee. The report, released Wednesday, highlights how climate change and the
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Half of U.S. adults are "not at all confident" in President-elect Trump's ability to appoint qualified people to his administration

A new survey reveals that many Americans lack confidence in President-elect Trump’s ability to appoint qualified individuals for Cabinet and key administration roles. The Associated Press/NORC Research Center poll, released Friday, shows that 55% of respondents are either “slightly” or “not at all” confident in Trump’s selections.
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Donald Trump's plan to extend tax cuts set to expire next year could do almost nothing to grow the US economy, Committee for a Responsible Federal Budget has said

President-elect Donald Trump has promised that renewing tax cuts will turbocharge investment and accelerate US economic growth, a central pledge in his successful November election campaign. However, a new analysis from the Committee for a Responsible Federal Budget (CRFB), a nonpartisan fiscal watchdog, warns that extending tax cuts set to
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Elon Musk’s charitable foundation ballooned to $9.5 billion in assets last year while handing out $237 million in gifts, most of which went to other entities controlled by him

Elon Musk’s charitable foundation grew to $9.5 billion in assets last year while distributing $237 million in donations, the majority of which went to organizations under Musk's control. These details are outlined in the Musk Foundation’s latest tax filing, obtained by Bloomberg News on Thursday.
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The Internal Revenue Service is sending up to $1,400 to around 1 million tax filers who qualified for Covid-19 stimulus checks in 2021, but didn't claim them

The IRS has announced that one million taxpayers will automatically receive payments in the coming weeks. These payments, up to $1,400 each, are intended for individuals who failed to claim the Recovery Rebate Credit on their 2021 tax returns. “This initiative demonstrates our dedication to assisting taxpayers,” said IRS
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Judge Katharine Parker, who is overseeing the pre-trial hearings for Luigi Mangione, is married to a former Pfizer, $PFE, executive and holds hundreds of thousands of dollars in stock, including in healthcare companies & pharmaceutical companies

Magistrate Judge Katharine H. Parker, presiding over Luigi Mangione’s pre-trial hearings, is under scrutiny for her financial connections to the pharmaceutical and healthcare industries. Reports reveal that Parker is married to Bret Parker, a former Pfizer executive who left the company in 2010. Parker, who is overseeing Mangione’s
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