Unusual Whales

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.

The biggest banks are planning to sue the Federal Reserve over the annual bank stress test

Bank trade groups argue that the Federal Reserve limits public input in the design of bank stress tests, according to a lawsuit seeking to require the central bank to open the test design process to public comment. The lawsuit, filed Tuesday in the US District Court for the Southern District

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

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.

"The American dream is shrinking," per BI

The American dream—much like a favorite pair of pants shrunk in the dryer—is steadily shrinking. This iconic vision of American life, first solidified during the 1930s, promised a home with a white picket fence, 2.5 children, a stable career within commuting distance, and the occasional dream vacation.

Bitcoin could soar to $500,000 if Trump creates a national reserve

The creation of a national bitcoin reserve could propel the cryptocurrency's price to as much as $500,000, according to the CIO of the largest crypto fund manager in the U.S. Matt Hougan, Chief Investment Officer of Bitwise Asset Management, recently told Yahoo! Finance that such a

Egg prices are up 97.5% from a year ago

U.S. wholesale egg prices are breaking records as a worsening bird flu outbreak among laying hens reduces supply, coinciding with increased demand for holiday baking. The surge in egg prices adds to the challenges faced by consumers already grappling with persistent inflation. Prices for other goods could also rise

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

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

Nissan and Honda have confirmed they have entered into merger talks

Honda, Nissan, and Mitsubishi have announced they are in discussions over a potential three-way merger, aiming to create the world’s third-largest car manufacturer with annual sales of £46 billion. The move comes as the Japanese automakers face declining sales and intensifying competition from Chinese brands. On Monday, the companies

By the age of 35, master’s graduates earn no more than those with just a bachelor’s (after accounting for their better-off backgrounds and higher previous attainment)

Additionally, 40 percent of those surveyed by Pew Research said it is not important to get a degree to obtain a well-paying job, while 35 percent said a degree is somewhat important and 25 percent said it is very important. Opinions varied based on a person’s political ideology and

Nvidia, NVDA, CEO Jensen Huang is the beneficiary of a series of tax dodges that will enable him to pass on much of his fortune tax free

Jensen Huang, CEO of Nvidia and the 10th-richest person in the United States, has an estimated net worth of $127 billion. By law, when he dies, his estate would theoretically owe 40% of that wealth in taxes to the federal government. However, Huang, 61, known for his engineering brilliance and

Biden administration has officially withdrawn student loan forgiveness plans

The Biden administration announced Friday it plans to abandon its latest student loan forgiveness proposals, which aimed to erase debts for tens of millions of Americans and create new relief options for borrowers in financial distress. The reasoning? The U.S. Department of Education cited limited time and resources, with

Maet Gaetz full report

To read the report, read it here: https://ethics.house.gov/wp-content/uploads/2024/12/Committee-Report.pdf f dollars" on at least 20 occasions to women that the committee determined "were likely in connection with sexual activity and/or drug use". The report states many of the

Van Jones: “The mainstream has become fringe and the fringe has become mainstream"

Axios CEO Jim VandeHei delivered a passionate critique of Elon Musk’s claims that social media users on X, formerly known as Twitter, are replacing traditional media, arguing that professional journalism cannot be replaced by informal social media commentary. Speaking at the National Press Club last Thursday, VandeHei addressed Musk&

Trump’s transition team seeks to pull US out of WHO ‘on day one'

U.S. President-elect Donald Trump’s transition team is reportedly planning to withdraw the United States from the World Health Organization (WHO) on his first day in office, according to the Financial Times, citing concerns raised by public health experts about the potential global repercussions. “America is going to leave

Donald Trump has said: “It will be the official policy of the United States Government that there are only 2 genders, male & female"

President-elect Donald Trump has called on Panama to lower fees on the Panama Canal or return control of the waterway to the United States, accusing the Central American country of imposing "exorbitant prices" on American shipping and naval vessels. "The fees being charged by Panama are outrageous

Palantir, PLTR, and Anduril are in talks with companies including SpaceX and OpenAI to form a consortium that will jointly bid for US Defense contracts

(Reuters) - Palantir Technologies, a data analytics firm, and Anduril Industries, a defense tech company, are in discussions with about a dozen competitors to form a consortium aimed at jointly bidding for U.S. government contracts, the Financial Times reported on Sunday. The consortium, which could announce agreements with other

Donald Trump and his team are reportedly debating “how much” to invade Mexico once he takes office

In Donald Trump’s incoming administration, a contentious debate has emerged over how aggressively to act on his campaign promise to confront Mexico in the fight against drug cartels—ranging from bombing targets to a potential military incursion. "How far should we go in taking action against Mexico?"

Nancy Pelosi and her husband appear to have used unreported $28 million in Covid pandemic grants to make their personal investments in a hotel profit

Please see original article: https://www.realclearinvestigations.com/articles/2024/12/18/nancy_pelosi_profited_as_luxury_napa_resort_won_covid-19_bailout_1078263.html ----- The Auberge du Soleil, a luxurious five-star hotel and spa perched on a hillside overlooking Napa Valley’s vineyards, has long been known for its

Luigi Mangione, Sam Bankman-Feied and Diddy are all in the same Brooklyn jail

Luigi Mangione, the 26-year-old suspect charged with the murder of UnitedHealthcare CEO, is being detained at Brooklyn’s Metropolitan Detention Center, the same facility where music mogul and accused sex trafficker Sean "Diddy" Combs is currently housed. The Metropolitan Detention Center (MDC) is a federal prison in New

US November core PCE +2.8% y/y vs +2.9% expected

The Federal Reserve's preferred measure of inflation came in lower than expected in November, though it remains above the central bank's target as efforts to curb inflation continue. The Commerce Department reported Friday that the personal consumption expenditures (PCE) price index increased by 0.1% in

"Americans earning under $50K are skipping meals, selling belongings and delaying medical care to cover housing costs"

According to a recent survey by real estate brokerage Redfin, over one in five U.S. renters (22%) say their entire regular income is spent on rent. Taking on additional work is a common strategy for covering housing costs, with 20% of renters reporting they have worked a second job

The Biden administration has provided $4.28 billion in student loan relief for 54,900 borrowers across the country who work in public service

The Biden administration announced on Friday the approval of $4.28 billion in additional student loan relief for 54,900 borrowers working in public service roles across the nation. This latest round of relief raises the administration's total student loan forgiveness to approximately $180 billion, benefiting nearly 5

TikTok says banning it would cost U.S. small businesses, creators $1.3 billion in first month

The U.S. Supreme Court announced on Wednesday that it will hear a challenge from TikTok and its China-based parent company, ByteDance, to block a law requiring the sale of the short-video app by Jan. 19 or face a nationwide ban on national security grounds. The justices did not immediately