Unusual Whales

State Farm, one of the biggest insurers in California, canceled hundreds of homeowners' policies last summer in Pacific Palisades—the same area which is now being ravaged by a devastating wildfire

State Farm, one of California's largest insurers, canceled hundreds of homeowners’ policies last summer in Pacific Palisades—an area now being ravaged by a severe wildfire. The company justified its decision as a necessary step to prevent "financial failure" amid the increasing frequency and intensity of

Nvidia, NVDA, CEO Jensen Huang has said that his AI chips are improving faster than Moore’s Law

Nvidia CEO Jensen Huang believes the performance of his company’s AI chips is advancing at a rate that surpasses the historical pace defined by Moore’s Law, the principle that guided decades of computing progress. “Our systems are progressing way faster than Moore’s Law,” Huang said in an

38% Gen Z adults suffering from 'midlife crisis', stuck in 'vicious cycle' of financial, job stress

For many in Generation Z, the once-anticipated milestones of adulthood—independence, careers, and self-sufficiency—have become sources of stress and disillusionment. Research shows that 38% of Gen Z adults, those under 27, report experiencing what they term a “midlife crisis,” driven by financial instability, mental health challenges, and career uncertainties.

Unemployed office workers are having a harder time finding new jobs

The U.S. economy has added over two million jobs in the past year, but more individuals out of work are facing challenges returning to employment. On average, it now takes approximately six months for someone to find a job, which is about a month longer than during the post-pandemic

Greenland may become independent if its residents want, but it won't become a U.S. state, Denmark's foreign minister said

Greenland may achieve independence if its people choose to, but it is unlikely to become a U.S. state, Denmark’s foreign minister said Wednesday following U.S. President-elect Donald Trump’s refusal to rule out using force to acquire the Arctic island. Greenland’s leader met with the Danish

Biden to announce final $500 million in Ukraine aid

The Biden administration is drawing from existing U.S. stockpiles to bolster Ukraine’s position before President-elect Donald Trump assumes office, according to two U.S. officials familiar with the plans. The announcement is expected to coincide with Defense Secretary Lloyd Austin’s final trip to meet the Ukraine Defense

Yellen says spending on covid may have contributed a little bit to inflation

Treasury Secretary Janet Yellen acknowledged that the Biden administration’s pandemic stimulus spending may have slightly contributed to inflation, though she emphasized that supply chain disruptions and shortages were the primary drivers of rising prices. Yellen made the remarks during an interview on CNBC on Wednesday. “It may have contributed

Mexico’s president calls for parts of US in California and Texas to be renamed ‘Mexican America'

Mexico’s president fired back at Donald Trump’s latest remarks, suggesting that part of the United States be renamed instead of the Gulf of Mexico. In response to Trump’s assertion that the Gulf of Mexico should be called the “Gulf of America,” Mexican President Claudia Sheinbaum presented historical

California homeowners are reporting that insurance companies recently cancelled their fire insurance

State Farm, one of California's largest insurers, canceled hundreds of homeowners’ policies last summer in Pacific Palisades—an area now being ravaged by a severe wildfire. The company justified its decision as a necessary step to prevent "financial failure" amid the increasing frequency and intensity of

Biden is considering pre-emptive pardons for Dr. Anthony Fauci and Liz Cheney

President Biden stated that he is still contemplating pre-emptive pardons for individuals who might face political retaliation from President-elect Donald Trump, including former Republican Rep. Liz Cheney of Wyoming and Dr. Anthony Fauci. This revelation came during Biden's final interview with a print publication before departing the White

LA Mayor Karen Bass cut fire department funding by $17.6 million, months before the wildfires

The Los Angeles Fire Department faced a significant budget cut of $17.6 million this fiscal year, even as crews continue battling the out-of-control wildfires wreaking havoc across the city, according to official records. This reduction marks the second-largest cut in Los Angeles Mayor Karen Bass’s 2024-25 budget, city

Bridgewater, the largest hedgefund in the world, has dismissed 7% of its workforce

Bridgewater Associates, the world’s largest hedge fund, laid off 7% of its staff on Monday as part of efforts to stay agile and retain the capacity to recruit top talent, according to a source familiar with the matter. Workforce Reduction The job cuts impact approximately 90 employees, bringing the

JPMorgan, JPM, to tell all its employees to return to the office five days a week, ending a hybrid-work option for thousands of staff

JPMorgan Chase & Co. is preparing to require all employees to return to the office five days a week, ending hybrid work arrangements for thousands of staff. This policy shift would restore pre-pandemic attendance rules at the nation’s largest bank, which employs over 300,000 people worldwide. Upcoming Changes

Trump to announce $20 billion investment to build new data centers

President-elect Donald Trump announced an investment of at least $20 billion from Hussain Sajwani, the head of Damac Group, to build new data centers in the US.  Article contentArticle content Trump said the first phase of the investments would be in the states of Texas, Arizona, Oklahoma, Louisiana, Ohio, Illinois,

Trump does not rule out using "military or economic coercion" to take over Greenland or the Panama Canal, adding "We need them for economic security"

President-elect Donald Trump on Tuesday declined to rule out military or economic actions to acquire the Panama Canal and Greenland, underscoring a broader expansionist agenda he has promoted since winning the November 5 election. Set to assume office on January 20, Trump also floated the idea of making Canada a

Donald Trump says name of the Gulf of Mexico will be changed to Gulf of America

President-elect Donald Trump announced Tuesday his intent to pursue renaming the Gulf of Mexico to the "Gulf of America," a move he described as having a "beautiful ring to it." This is the latest in a series of remarks from Trump suggesting changes to geographical nomenclature

Medical debt is now required to be removed from your credit reports impacting millions of Americans

Unpaid medical bills will no longer show up on credit reports, where they could previously hinder individuals from securing mortgages, car loans, or small business loans, according to a final rule announced Tuesday by the Biden administration. The Consumer Financial Protection Bureau (CFPB) revealed that this new rule will remove

Kevin O'Leary says he is near to a deal to buy TikTok to prevent it from being banned in the US

“Shark Tank” star Kevin O’Leary announced Monday that he is close to finalizing a deal to purchase TikTok’s U.S. operations, a move aimed at preventing the app’s impending ban in the United States. TikTok faces a ban on January 19 unless its parent company, Beijing-based ByteDance,

The first congestion charge for vehicles in the US has come into effect in New York City officially

New York City’s congestion pricing program officially began on Sunday, January 5, making it the first U.S. city to implement such a system. The program imposes tolls on vehicles entering the Congestion Relief Zone, defined as the area south of 60th Street in Manhattan. Drivers of passenger vehicles

There's now a 40% chance the Fed will pivot back to hiking rates again next year

Wall Street recently reacted sharply to signs that the Federal Reserve may implement fewer rate cuts than anticipated in 2025. However, Apollo Global Management’s chief economist, Torsten Sløk, has cautioned that an interest rate hike is also a possibility. “The strong economy, combined with potential policies like lower taxes,

51% of restaurants in Canada are currently operating at a loss, compared to just 12% before the pandemic

A recent survey of Canadian restaurant owners reveals that half of food service businesses are either operating at a loss or barely breaking even. While sales have improved since the COVID-19 pandemic, profits remain low due to soaring operating costs and foot traffic that has yet to return to pre-pandemic

Justin Trudeau to officially resign as Prime Minister of Canada

Prime Minister Justin Trudeau ended weeks of speculation on Monday morning by announcing his resignation, raising questions about how an expedited Liberal leadership contest will unfold amid the looming threat of U.S. tariffs. Trudeau, who has served as Liberal leader since 2013 and prime minister since 2015, revealed his

Costco, COST, plans to build apartments above its stores starting early this year

A new development in South Los Angeles is set to feature a first-of-its-kind Costco combined with residential apartments. On September 18, the city broke ground on this innovative project in Baldwin Village, which will house a Costco warehouse along with 800 rental units. Of these apartments, 184 (23%) will be

Donald Trump is expected to grant clemency to over 1,000 people convicted in connection with the Jan. 6, 2021

Four years after a mob stormed the US Capitol in an attempt to support Donald Trump’s last-ditch effort to overturn his 2020 election defeat, the events of January 6, 2021, have become a political and cultural flashpoint — with little apparent political damage to the president-elect. The attack initially drew

There's a 92% chance Conservative Pierre Poilievre will be the next Prime Minister of Canada, per Polymarket

This is a sponsored post from Polymarket. Prime Minister Justin Trudeau ended weeks of speculation on Monday morning by announcing his resignation, raising questions about how an expedited Liberal leadership contest will unfold amid the looming threat of U.S. tariffs. Trudeau, who has served as Liberal leader since 2013