Unusual Whales

Iran’s ambassador in Lebanon has been wounded in the explosion of pagers in the country

At least eight people were killed and 2,750 were injured when pagers exploded simultaneously in Lebanon, according to the health minister on September 17. The Iranian-backed Hizballah militant group reported that two of its members and a girl were among the casualties in the "mysterious" explosions. Health

Donald Trump has said he’s going to eliminate the tax on Social Security

Former President Donald Trump has proposed a bold new idea for Social Security: eliminating taxes on benefit income. “Seniors should not pay tax on Social Security,” Trump declared on July 31 in all capital letters on the social media platform Truth Social and reiterated during an Aug. 7 Fox &

Neuralink's brain implant chip called Blindsight has received Breakthrough Device Designation from the FDA

Noland Arbaugh always dreamed of traveling to France and mastering the French language. However, after an accident left him paralyzed from the shoulders down eight years ago, he thought that dream might never come true. That was until the world’s wealthiest man stepped in to help by implanting a

Tupperware brands is preparing to file for bankruptcy as soon as this week

Tupperware Brands (TUP.N) is reportedly preparing to file for bankruptcy as early as this week, according to Bloomberg News. The company's shares fell 15.8% to 43 cents after trading hours, ending the day with a 57% decline. Founded in 1946 by chemist Earl Tupper, the brand

Larry Ellison of Oracle, ORCL, has become the world's second-richest person, dethroning Jeff Bezos of Amazon, AMZN

Since the market closed on Friday, Ellison’s net worth has surged by $11.7 billion, reaching $209 billion, according to Forbes’ real-time billionaire tracker. Jeff Bezos, who has alternated between being the second-richest person and other spots since 2016, currently has a net worth of $202 billion. Elon Musk,

Fed to cut rates by 25 basis points on Sept. 18, twice more in 2024

According to a Reuters poll, most economists predict that the Federal Reserve will cut interest rates by 25 basis points at each of its three remaining policy meetings in 2024. Only nine out of 101 economists expect a half-percentage-point cut in the upcoming meeting next week. With inflation nearing the

Announced job cuts totaled 75,891 in August, 193% higher than July

Layoffs surged in August, reaching their highest total for the month in 15 years, while year-to-date hiring dropped to a historic low, according to a report from outplacement firm Challenger, Gray & Christmas released on Thursday. For August, announced job cuts totaled 75,891, marking a 193% increase from July.

During Trump’s term, gas prices averaged $2.57, compared with $3.60 so far under Biden

Gas prices were lower during Trump’s presidency for reasons unrelated to his policies and those factors are no longer in play. Anyone expecting Trump to take significant action to lower energy prices if he returns to the White House is likely to be sorely disappointed. To set the record

US Senators have sent a letter to Powell asking for a 75bps cut

US Senators have sent a letter to Powell asking for a 75bps cut. Their letter: "For months we have been calling upon you to cut the federal funds rate.1 As we wrote in June, the Fed’s elevated interest rates are not successfully addressing the remaining drivers of

Apple, AAPL, has received FDA approval for Sleep Apnea Detection on the Apple Watch

Apple, $AAPL, has received FDA approval for Sleep Apnea Detection on the Apple Watch. Sleep apnea detection is among the standout new features introduced with the Apple Watch Series 10, as well as last year's Apple Watch Series 9 and Apple Watch Ultra 2. When first announced, the

Red Lobster has exited bankruptcy

Red Lobster, famed for its affordable seafood and cheddar biscuits, has emerged from Chapter 11 bankruptcy protection. Earlier this month, a U.S. bankruptcy judge approved the seafood chain's reorganization plan, which involved a lender group led by asset manager Fortress Investment Group acquiring the business. This approval

Amazon, $AMZN, has told its employees to return to office 5 days a week

Amazon, $AMZN, has told its employees to return to office 5 days a week. Amazon CEO Andy Jassy recently advised employees to either comply with the company's return-to-office plan or consider seeking employment elsewhere, a stance confirmed by Amazon to CNN. This follows a report from Insider highlighting

Donald Trump: I HATE TAYLOR SWIFT

Former President Donald Trump took to Truth Social on Sunday to express his frustration with pop star Taylor Swift, just days after Swift endorsed Vice President Kamala Harris. “I hate Taylor Swift!” Trump declared in all caps on the social media platform owned by Trump Media & Technology Group. Swift’

Multiple shots fired at Trump National Golf Club in West Palm Beach where president Trump was golfing

The Secret Service is currently addressing a shooting incident that occurred near Donald Trump as he was departing from his golf club in West Palm Beach, Florida, according to law enforcement officials. "President Trump is unharmed following the gunfire in his area. No additional details are available at this

The interest payments on the national debt just exceeded the defense budget, Elon Musk has said

Billionaire Elon Musk cautioned on Monday that the U.S. is rapidly approaching a debt default, with its national debt accelerating past a record $35 trillion just weeks ago. In a discussion at the All-In Podcast's All-In Summit 2024, Musk was asked about his proposed government efficiency commission,

United Airlines, $UAL, will have Elon Musk’s Starlink internet on its entire flights and will offer it to passengers for free

United Airlines has reached an agreement with Elon Musk's SpaceX to provide satellite-based Starlink WiFi service on its flights within the next few years. The airline announced on Friday that the service will be free for passengers and will support multiple device connections. United plans to start testing

Donald Trump states that illegal immigrants will be banned from renting apartments or getting mortgages

Donald Trump states that illegal immigrants will be banned from renting apartments or getting mortgages. Trump suggested that the proposed measure would help alleviate housing affordability issues, arguing that a “flood” of illegal immigrants is driving up housing costs. However, undocumented immigrants account for only a small fraction of the

Brazil has unfrozen Starlink and X's assets after paying a combined $3.3 million transfer

On Friday, the Brazilian Supreme Court lifted the freeze on the assets of Starlink and X. This decision came after approximately $3.3 million in funds from both companies were transferred to the government to cover fines allegedly incurred by X, which is led by Elon Musk. According to an

JPMorgan, JPM, chief Jamie Dimon has warned US economy faces an outcome worse than a recession

Since Jamie Dimon took charge in 2006, JPMorgan Chase—boasting both retail and investment sectors—has grown into the largest and most influential bank globally, with assets totaling $4 trillion. At a fall conference hosted by the Council of Institutional Investors in New York City on Tuesday, Dimon, 68, expressed

Prospective buyers need to make about $50,000 more now than pre-pandemic in order to “comfortably” afford a home

If it feels like renting is significantly more expensive now than it was just a few years ago, that’s because it is. According to Realtor.com’s June 2024 Rental Report, median rent prices have surged by 21% since 2019, which translates to about $305 more per month on

Donald Trump has said taxpayer dollars shouldn't be wasted to arrest people for small amounts of marijuana

On Saturday, former U.S. President Donald Trump expressed his support for decriminalizing marijuana, arguing that taxpayer funds should not be spent on arresting individuals carrying "personal amounts." "In Florida, as in many other states that have already approved it, personal amounts of marijuana will be legalized

Mortgage rates in the US have dropped to the lowest since February 2023

A week earlier, Freddie Mac reported in a statement on Thursday that borrowing costs have been easing from recent peaks, with declines occurring in five out of the past seven weeks. Although this drop has encouraged some potential buyers to take action, high home prices and a limited number of

JPMorgan, JPM, has just capped junior bankers’ hour at 80 per week

JPMorgan, $JPM, has just capped junior bankers’ hour at 80 per week For the first time ever, the U.S. government has spent over $1 trillion this year on interest payments for its $35.3 trillion national debt, according to a report from the Treasury Department on Thursday. With the

The U.S. government for the first time has spent more than $1 trillion this year on interest payments for its $35.3 trillion national debt

For the first time ever, the U.S. government has spent over $1 trillion this year on interest payments for its $35.3 trillion national debt, according to a report from the Treasury Department on Thursday. With the Federal Reserve maintaining its highest benchmark rates in 23 years, the government

Apple, $AAPL, must pay $14 billion tax bill to Ireland

The European Union's top court on Tuesday dismissed Apple's final appeal against an order from the bloc's executive commission to repay €13 billion (over $14 billion) in back taxes to Ireland, concluding a long-running legal battle. The European Court of Justice overturned a lower