Unusual Whales

Panera Bread was exempt from California’s $20 minimum wage law after owner reportedly donated to Gov. Newsom

Newsom reportedly advocated for an exception that permits restaurants that bake and sell bread as a separate item to continue paying their employees the current rate of $16 an hour. This particular exemption could result in substantial savings for billionaire Greg Flynn, a longtime donor to Newsom, who operates two

The impact of millennials having fewer kids will likely be worse than the impact of aging boomers — and the most dire consequences could come 10-15 years from now

The impact of millennials having fewer kids will likely be worse than the impact of aging boomers — and the most dire consequences could come 10-15 years from nowm oer HSBC. As interest rates and inflation continue to impact consumers' finances, economists warn that increased government spending alone may not

More than half of U.S. workers (53%) feel their paychecks are not keeping up with the pace of inflation

More than half of U.S. workers (53%) feel their paychecks are not keeping up with the pace of inflation, per the American Staffing Association. As interest rates and inflation exert increased pressure on consumers' finances, a survey revealed that only 47% of U.S. workers believe their paycheck

Walt Disney's, $DIS, stock price could surge -- possibly rising by as much as 129% -- if the media and entertainment company harnesses the power of artificial intelligence more effectively

Walt Disney's, $DIS, stock price could surge – possibly rising by as much as 129% – if the media and entertainment company harnesses the power of artificial intelligence more effectively, per Blackwells Capital. Blackwells, vying for three board seats at Disney, projected in a presentation that Disney's stock

Elon Musk has said that Rivian, $RIVN, needs to ‘cut costs massively’ and its execs should ‘live in the factory’ for the it to survive

Elon Musk has said that Rivian, $RIVN, needs to ‘cut costs massively’ and its execs should ‘live in the factory’ for the it to survive. On Wednesday, Rivian announced disappointing quarterly results and outlook, revealing plans to reduce its salaried workforce by approximately 10%. Shortly afterward, Musk wrote on X

Florida Governor Ron DeSantis has signed a bill to allow release of the Jeffrey Epstein grand jury documents

Florida Governor Ron DeSantis has signed a bill to allow release of the Jeffrey Epstein grand jury documents. Florida Governor Ron DeSantis signed a bill on Thursday that will allow the transcripts of a 2006 grand jury in Palm Beach County, which investigated Jeffrey Epstein's sexual assaults of

Bank of America’s, $BAC, Merrill and Wells Fargo, $WFC, to offer Bitcoin ETFs to clients

Bank of America’s, $BAC, Merrill and Wells Fargo, $WFC, to offer Bitcoin ETFs to clients. Bank of America Corp.'s Merrill division and Wells Fargo & Co.'s brokerage arm are now providing access to ETFs that directly invest in Bitcoin, highlighting the growing acceptance of these

US House votes to avert US government shutdown

US House votes to avert US government shutdown, Two hundred and seven Democrats joined 113 Republicans in a 320-99 vote to approve the short-term stopgap measure, which would extend federal funding that expires at midnight on Friday (0500 GMT on Saturday) by one week and set a March 22 funding

Google, $GOOGL, has unveiled its Genie AI which can create video games from text and image prompts

Google, $GOOGL, has unveiled its Genie AI which can create video games from text and image prompts. Google's DeepMind team has unveiled "Genie," a groundbreaking AI model set to revolutionize the gaming industry and creative endeavors alike. Genie, introduced as an innovative platform capable of crafting

llinois judge orders Donald Trump to be removed from primary ballot, but gives him time to appeal

llinois judge orders Donald Trump to be removed from primary ballot, but gives him time to appeal, per ABC. A Cook County judge has ruled that former President Donald Trump's name should be removed from the March 19 Republican primary ballot, but the order has been stayed until

SBF of FTX is reportedly offering trading and investment advice in prison and asking prison guards to invest in Solana

SBF of FTX is reportedly offering trading and investment advice in prison and asking prison guards to invest in Solana. In a recent court filing, Bankman-Fried's attorneys requested a sentence ranging from 63 to 78 months in prison for his involvement in the significant financial fraud at FTX,

Cuba's government will raise the cost of fuel by 500% on the 1st of March

Cuba's government will raise the cost of fuel by 500% on the 1st of March. Finance Minister Vladimir Regueiro announced through the government's official publication Granma that price increases would take effect on Friday, March 1. He also mentioned that electricity prices would increase by 25

Average credit card balances jump 10% to a record $6,360, and more consumers have fallen behind on payments

Average credit card balances jump 10% to a record $6,360, and more consumers have fallen behind on payments, per CNBC. The increase in credit card delinquencies seen in 2023 may continue into this year, posing a particular risk to smaller banks. According to a recent report from the New

Indiana has pushed forward a bill to ban China, other ‘foreign adversaries’ from buying farmland

Indiana has pushed forward a bill to ban China, other ‘foreign adversaries’ from buying farmland. Proposed House Bill 1183 aims to prevent citizens or entities associated with "foreign adversaries" from acquiring or leasing agricultural land in Indiana, citing national security concerns. The bill also establishes specific guidelines for

Serious delinquencies of credit cards, or those 90 days or more past due, have reached the highest level since 2009

The increase in credit card delinquencies seen in 2023 may continue into this year, posing a particular risk to smaller banks. According to a recent report from the New York Fed, delinquencies surged by over 50% last year, with total consumer debt reaching $17.5 trillion. Credit card debt that

Honda will introduce a hydrogen fuel cell vehicle that can also be recharged, becoming the first Japanese automaker to bring the technology to market

Honda will introduce a hydrogen fuel cell vehicle that can also be recharged, becoming the first Japanese automaker to bring the technology to market. Honda announced on Wednesday that its new five-seat crossover, based on the popular CR-V, will be produced in Ohio and available for sale in North America

Mitch McConnell to step down as Senate Republican leader in November

McConnell, who celebrated his 82nd birthday last week, disclosed his decision on Wednesday on the Senate floor. He reflected on his journey since arriving in the Senate in 1985, starting from the back benches to eventually occupying a front-row seat as a party leader. "One of life's

Coinbase, $COIN, crashes with users reportedly being shown a $0 balance as Bitcoin has hit $64,000

Coinbase, $COIN, crashes with users reportedly being shown a $0 balance as Bitcoin has hit $64,000. Coinbase is facing challenges with delayed Ethereum and ERC-20 transactions. Its status website indicates that the exchange is aware of the issues and is investigating their cause. To address concerns arising from speculation

Joe Biden has said: Wall Street didn’t build this country, the middle class did—and unions built the middle class

American automakers have made significant strides in restoring lost benefits and securing new gains for workers, including across-the-board wage increases and the reopening of the Belvidere Assembly Plant for Stellantis, the company behind Jeep. During a visit to Belvidere, Illinois, surrounded by auto workers and sporting a red UAW T-shirt,

This is the 360 Park Avenue in New York, the Canadian Pension Plan Investment Board sold it for $1

The pandemic's shift to remote work and the Federal Reserve's efforts to combat inflation with higher interest rates have heightened concerns in the commercial real estate sector, particularly regarding what some are calling the "office apocalypse." Office vacancies reached a record high in January,

Hedge funds piled into tech stocks in the weeks before Nvidia earnings, now, they’re cashing out and selling at the fastest pace in seven months

Hedge funds piled into tech stocks in the weeks before Nvidia earnings. Now, they’re cashing out and selling at the fastest pace in seven months, per Bloomberg. Nvidia's impressive earnings report last week triggered significant outflows from the tech sector among hedge funds, as they moved to

Kellogg’s CEO has suggested people should eat cereal for dinner to save money

Kellogg’s CEO has suggested people should eat cereal for dinner to save money. Americans are currently spending more on food than they have in three decades, prompting Kellogg's CEO Gary Pilnick to propose a solution: have cereal for dinner. Pilnick made this suggestion during a recent TV

BREAKING: Apple, $AAPL, winding down electric car plans, ending decade-long foray into autos

Apple Inc. has made a surprising internal announcement, terminating its decade-long effort to develop an electric car, as disclosed by individuals familiar with the matter. This move marks the end of one of the most ambitious projects in the company's history. The decision was communicated on Tuesday to

The average 30-year mortgage rate is back above 7%, at 7.09%

The average 30-year mortgage rate is back above 7%, at 7.09%. The U.S. Department of Housing and Urban Development reported that the national median family income for 2023 was $96,300, while the National Association of Realtors stated that the median price of an existing home sold in

Millennials and Gen Zers are pulling in bigger paychecks than before the pandemic, but much of their spending power is fueling short-term purchases like groceries and vacations, not saving

Millennials and Gen Zers are pulling in bigger paychecks than before the pandemic, but much of their spending power is fueling short-term purchases like groceries and vacations, not saving, per NBC. The net worth of Americans ages 18-39 surged by 80% from the start of 2019 to the third quarter