Unusual Whales

Larry Ellison of Oracle, ORCL, is the richest person in the world, surpassing Elon Musk of Tesla, TSLA

Larry Ellison of Oracle, ORCL, is the richest person in the world, surpassing Elon Musk of Tesla, TSLA. Elon Musk has lost his title of “world’s richest person” title to Oracle cofounder Larry Ellison. Ellison’s wealth jumped by $101 billion to $393 billion after Oracle’s stunningly strong

Israel has said that it has carried out an airstrike against Hamas leadership in Doha, Qatar

The Israeli military said it launched an airstrike on Hamas’ political headquarters in Qatar, marking a dramatic escalation in the conflict. Television broadcasts from Doha showed a massive plume of gray smoke rising over the city where the strike occurred. In a statement on Tuesday, the Israel Defense Forces (IDF)

The U.S. added 911,000 fewer jobs in 2024-2025 than first estimated

Fresh economic data released Thursday pointed to growing strain in the labor market. First-time applications for unemployment benefits climbed to their highest level in nearly three months, private-sector hiring slowed sharply, and August recorded the worst round of layoff announcements since the pandemic — and before that, the Great Recession. “The

OpenAI is building an AI jobs platform that could challenge Microsoft’s, MSFT, LinkedIn

OpenAI is building a new AI-powered jobs platform designed to connect people with AI skills to organizations that need them. Planned for launch by mid-2026, the platform will serve as a bridge between talent and employers, offering roles in automation, prompt engineering, and other AI-driven fields. The move positions OpenAI

U.S. economy should take off by fourth quarter, US Treasury Secretary Scott Bessent has said

Treasury Secretary Scott Bessent said Sunday that the U.S. economy is set to accelerate by the fourth quarter as President Trump’s policy changes take hold. Bessent argued that despite government data showing inflation edging higher and the labor market weakening, the administration believes the fundamentals point to stronger

Lawyers for Jeffrey Epstein’s estate have given Congress a copy of the birthday book put together for the financier’s 50th birthday, which includes a letter with Trump’s signature that he has said doesn’t exist

U.S. lawmakers have released a “birthday book” created for Jeffrey Epstein in 2003 that allegedly includes a note signed by President Donald Trump. The scrapbook was part of a trove of materials turned over to the House Oversight Committee after Epstein’s estate was subpoenaed last month. Alongside the

Americans face biggest increase in health insurance costs in 15 years

Americans with employer-sponsored health insurance could see premiums climb 6% to 7% in 2026, according to a new report from consulting firm Mercer. The survey of more than 1,700 U.S. companies projects average employer plan costs to rise 6.5% next year — the sharpest increase since 2010. As

The U.S. Federal Reserve is expected to reduce interest rates by 50 basis points in September

Standard Chartered has raised its forecast for the Federal Reserve’s September meeting, now expecting a 50 basis point rate cut instead of the 25 basis point reduction it previously predicted. The shift reflects the bank’s view that slowing U.S. economic momentum and signs of weakness in the

U.S. Supreme Court allows Trump to remove Democratic member of Federal Trade Commission

Chief Justice John Roberts on Monday temporarily allowed President Donald Trump to remove a Federal Trade Commission member, granting the White House an interim victory as it seeks to expand its influence over independent agencies across the government. The order, known as an administrative stay, gives the justices more time

Half of Gen Z spends $0 a month on dating thanks to a ‘romance recession'

Gen Z may be thinking seriously about their financial futures, but romance isn’t where their money is going. Bank of America’s latest Better Money Habits survey found that more than half of Gen Z adults in the U.S. (53%) reported spending nothing on dating each month, while

New home inventory is at its highest level since just before the housing market collapse that led to the Great Recession

In June, U.S. home prices logged their weakest growth since 2023, rising at a slower pace than inflation and signaling a cooling housing market. According to the S&P CoreLogic Case-Shiller Index, national home prices increased just 1.9% year-over-year, while the Consumer Price Index advanced 2.7%

Tariffs will lower deficits by $4 trillion over a decade

President Donald Trump is actively touting a new government report showing that his broad package of tariffs is projected to cut the federal debt by $4 trillion over the next decade — a higher estimate than was given just a few months earlier. Since the Congressional Budget Office released its analysis

Job "switchers" typically see their wages grow at a faster rate than workers who stay in their current roles

ob switchers are experiencing significantly smaller pay raises than they did during the 2021-2023 period, with recent data showing raises for job switchers and job stayers are nearly identical (around 4.6% vs. 4.8% in early 2025). The "job switcher premium," the advantage job switchers had over

Home prices are falling in half of the US

In June, U.S. home prices logged their weakest growth since 2023, rising at a slower pace than inflation and signaling a cooling housing market. According to the S&P CoreLogic Case-Shiller Index, national home prices increased just 1.9% year-over-year, while the Consumer Price Index advanced 2.7%

Justice Department considers possible ban on transgender people owning guns

The Justice Department is facing sharp criticism from both gun rights advocates and LGBTQ groups after it was revealed that officials have been weighing whether to restrict transgender people from owning firearms — a move that would almost certainly trigger immediate constitutional challenges if pursued. The discussions began following last month’

Justice Department considers possible ban on transgender people owning guns

The Justice Department is facing backlash from both gun rights advocates and LGBTQ groups after reports surfaced that it was exploring the idea of restricting transgender people from owning firearms — a move that would almost certainly trigger immediate constitutional challenges. According to a person familiar with the discussions, the talks

Tesla's, TSLA, board has proposed a $1 trillion compensation plan for CEO Elon Musk

Tesla’s board has unveiled a proposed $1 trillion compensation plan for CEO Elon Musk, one of the largest in corporate history. If approved, the package could give Musk control of up to 12% of Tesla’s stock, expanding his influence over the company as it pivots deeper into artificial

RFK to link autism to use of a tylenol drug in pregnancy

Health and Human Services Secretary Robert F. Kennedy Jr. is preparing a new report on autism that is expected to highlight potential links between acetaminophen use during pregnancy, folate deficiencies, and autism diagnoses. According to the Wall Street Journal, the report will review existing autism research and suggest that a

The U.S. is getting ready to start a renegotiation of its largest free trade deal: the US-Mexico-Canada Agreement

The United States is preparing to begin the process of renegotiating the United States-Mexico-Canada Agreement (USMCA), one of its largest free trade pacts, according to the Wall Street Journal. The first step is expected to be a request from the U.S. Trade Representative (USTR) for public consultations, which under

The Justice Department's acting deputy chief was caught on a hidden camera saying that the government will "redact every Republican" from an Epstein client list and "leave all the liberal, Democratic people"

The Justice Department on Thursday scrambled to respond to claims made in a new video released by James O’Keefe, the founder of Project Veritas, who is known for hidden-camera operations. O’Keefe’s video showed an undercover recording of Joseph Schnitt, acting Deputy Chief of Special Operations at the

Speaker of the House announces Trump was an FBI informant tasked with taking down Epstein

House Speaker Mike Johnson (R-La.) defended President Donald Trump’s recent comments on the Jeffrey Epstein case Friday, telling reporters that the president always treated the allegations seriously and even served as an “FBI informant.” Johnson said Trump’s use of the phrase “Democrat Epstein Hoax” referred not to Epstein’

OpenAI set to start mass production of its own AI chips with Broadcom

OpenAI is preparing to launch its first artificial intelligence chip next year through a partnership with U.S. semiconductor giant Broadcom, according to a report in the Financial Times citing people familiar with the project. Rather than selling the chip to outside customers, OpenAI intends to use it internally to

U.S. August nonfarm payrolls +22,000

The U.S. labor market slowed sharply in August, with the latest government data showing one of the weakest jobs gains in years. The Bureau of Labor Statistics reported on Friday that just 22,000 new jobs were added last month, far below forecasts for 75,000. The unemployment rate

COVID cases have doubled in California, and officials advise indoor masking

California public health officials say the state is experiencing a late-summer Covid-19 wave, with case numbers continuing to rise and some local leaders calling for a return to indoor mask mandates. The CDC reports infections are “growing” or “likely growing” in 30 states, including California. Officials point to increased gatherings

The Trump administration has canceled the Biden era rule where airlines would have to compensate passengers for flight disruptions

The Trump administration announced Thursday it will scrap a plan from the Biden era that would have forced airlines to compensate passengers in cash for flight disruptions caused by carriers. In December, the Department of Transportation under President Joe Biden had sought comment on a proposal requiring airlines to pay