Unusual Whales

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

Canadian ready-to-assemble furniture supplier Prepac has reportedly shut down its manufacturing operations in Delta, British Columbia, shifting all production to its facility in North Carolina instead

Prepac, a manufacturer of ready-to-assemble home furniture, is reportedly shutting down most, if not all, of its production in western Canada and shifting operations to its Whitsett, North Carolina, facility, which opened in 2021. Unifor, Canada’s largest private-sector union, announced last week that the company plans to cut approximately
1 min read

A U.S. District Judge has ruled that Elon Musk’s DOGE must reinstate nearly all of USAID, stating that its shutdown “violated multiple provisions of the United States Constitution"

On Tuesday, a federal judge ruled that Elon Musk and the so-called "Department of Government Efficiency" (Doge) likely violated the U.S. Constitution when they shut down USAID, ordering the Trump administration to reverse some of its actions to dismantle the agency. U.S. District Judge Theodore Chuang&
2 min read

The Trump administration unveiled plans to build housing on federal land, a move it said could help address a shortfall of 7 million affordable homes in the US

Department of Housing and Urban Development Secretary Scott Turner and Department of the Interior Secretary Doug Burgum announced on Monday plans to identify federal lands where affordable housing could be built. Turner and Burgum will launch the Joint Task Force on Federal Land for Housing to find underutilized lands for
1 min read