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Unusual Whales

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

Canada is ready to consider dollar-to-dollar retaliation or an export tax on Canadian oil and gas, if President-elect Donald Trump follows through with his 25% blanket tariff plans

If President-elect Donald Trump enforces his proposed tariffs on Canadian goods, Canada is ready to respond with equivalent measures, potentially targeting the energy sector, Canada’s Minister of International Trade, Mary Ng, said Thursday. “Everything is on the table,” Ng stated during an appearance on CNBC’s Squawk on the
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The very richest Americans are among the biggest winners from President Joe Biden’s time in office, despite his farewell address warning of an “oligarchy” and a “tech industrial complex” that threaten US democracy

President Joe Biden’s tenure in office has coincided with a sharp increase in wealth for the richest Americans, despite his warnings about the growing threat posed by a concentration of power in the hands of the ultra-wealthy and the influence of a “tech industrial complex” on US democracy. According
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People are tipping less at restaurants than they have in at least six years, driven by fatigue over rising prices and growing prompts for tips at places where gratuities haven’t historically been expected

American diners are tipping less than they did in recent years, according to new data. Nationwide, the average tip at restaurants was 18.8% during the third quarter of 2024, according to data from Toast, which tracks tipping trends at restaurants using its systems. While that figure held steady compared
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40% of Millenials said it’s important to have visible signs of wealth, whether it be purchasing a fancy car, clothing, or place to live

Millennials are grappling with unique financial challenges, including skyrocketing housing costs, looming student loan payments, and mounting credit card debt. Yet, despite these struggles, they are the most money-obsessed generation—and the most eager to flaunt their perceived financial success. A recent Wells Fargo study revealed that 59% of affluent
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The FTC has announced an action against General Motors, GM, for collecting and selling drivers’ precise geolocation data and driving behavior information from millions of vehicles

General Motors has reached an agreement to settle allegations from the Federal Trade Commission (FTC) that it collected, used, and sold data from connected vehicles without drivers' knowledge or consent. According to a press release issued by the FTC on Thursday (Jan. 16), the data included drivers’ precise geolocation
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Trump is reportedly considering "a government program to buy and hold billions of dollars in Bitcoin" through a Bitcoin reserve

President-elect Donald Trump is reportedly preparing an executive order to prioritize cryptocurrency as a key policy area and integrate industry voices into his administration, according to sources familiar with the plan. The anticipated order would designate cryptocurrency as a national priority, using strategic language to encourage government agencies to engage
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