Unusual Whales

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

US President Donald Trump has halted the enforcement of an anti-corruption law that allows the prosecution of Americans accused of bribing foreign officials

U.S. President Donald Trump has halted enforcement of a decades-old anti-corruption law that allows for the prosecution of Americans accused of bribing foreign officials. The Foreign Corrupt Practices Act (FCPA), in place for nearly 50 years, bars U.S. companies from offering bribes to foreign government officials to secure
2 min read

Jerome Powell has just said: We would use quantitative easing only when rates are at zero, and we are not in a recession, with a strong economy

Federal Reserve Chairman Jerome Powell carefully avoided addressing the potential economic impact of President Donald Trump’s policies on Tuesday, while reiterating that the central bank is not rushing to reduce interest rates. When questioned about the possible effects of Trump’s import tariffs on the economy or inflation, Powell
2 min read

Trump is expected to sign an executive order today that would remove the enforcement that made it illegal for US companied to bribe foreign officials

President Donald Trump is expected to sign an executive order on Monday directing the Department of Justice (DOJ) to suspend enforcement of the Foreign Corrupt Practices Act (FCPA), a nearly 50-year-old law that bans American companies and certain foreign firms from bribing foreign officials to secure business deals. The temporary
1 min read