Unusual Whales

The average 401(k) balance for a Gen Zer is about $7,100, per Fidelity

The average 401(k) balance for a Gen Zer is about $7,100, per Fidelity. Meanwhile, the retirement savings of Gen Z has come into question as a new report shows that the median for all of their retirement savings accounts sits at just $33,000. However, not all Gen

Prices for previously owned Rolex, Patek Philippe and Audemars Piguet watches will keep falling as supply remains high

According to Morgan Stanley analysts and WatchCharts, prices of pre-owned Rolex, Patek Philippe, and Audemars Piguet watches are expected to continue their decline due to a surplus in supply. Although there is a slight decrease in total supply on the secondhand market, overall inventory levels remain high, as indicated in

The amount of office space in the US is declining for what is likely the first time in history

The amount of office space in the US is declining for what is likely the first time in history, per Bloomberg. According to Jones Lang LaSalle, the reduced amount of new construction and the conversion or demolition of aging office spaces will lead to a decline in the availability of

Mastercard, $MA, has told US banks to block marijuana purchases on its US debit cards

Mastercard, $MA, has told US banks to block marijuana purchases on its US debit cards, per Daily Mail. Despite the legalization of medicinal and recreational marijuana in several states, marijuana remains illegal at the federal level. Consequently, most banks in the country do not serve cannabis companies. A Mastercard spokesperson

Taco bell sued for false advertising

Frank Siragusa was dissatisfied with his purchase of a Mexican Pizza from a Taco Bell in New York City last September. He paid $5.49 for it but found that the beef and bean filling inside appeared to be only half of what was shown in the chain's

Young male virginity is on the rise

Young male virginity is on the rise, per WaPo. It’s probably a pretty good proxy for virginity, but it will underestimate it some. According to the US Census, about half of men are not virgins at age 18. But per Data Psychology: 50.52% of men between 18-20 are

Mitch McConnell freezes

During a weekly Republican leadership news conference on Wednesday afternoon, Senate Minority Leader Mitch McConnell experienced a sudden pause in his speech, freezing momentarily before falling silent and stepping away. McConnell, who was discussing an annual defense policy bill, remained silent for 19 seconds, raising concerns among his Republican colleagues.

The US economy is in for rollercoaster inflation and could be headed for an ultra-rare 'full employment recession,' BlackRock, $BLK, has said

The US economy is in for rollercoaster inflation and could be headed for an ultra-rare 'full employment recession,' BlackRock, $BLK, has said. BlackRock issued a warning that the US economy may experience chaos due to the risks of rollercoaster inflation and an unusual "full employment recession."

Netflix, $NFLX, has listed a $900,000 AI job as actors and writers continue to strike

Netflix, $NFLX, has listed a $900,000 AI job as actors and writers continue to strike. The job listing indicates that Netflix plans to leverage AI for "creating high-quality content" rather than solely focusing on developing new algorithms to recommend shows and movies. The company aims to integrate

Only 23% of homes in the US are affordable to middle-income buyers, per the National Association of Realtors. A year ago, 50% were

Only 23% of homes in the US are affordable to middle-income buyers, per the National Association of Realtors. A year ago, 50% were. 3 years ago, the average 30-year mortgage rate was 2.98%, per Charlie Bilello. The median existing home price in the US was $294,000 . Currently, the

The 30-year mortgage rate is 6.78% and the median home price is $410,000

3 years ago, the average 30-year mortgage rate was 2.98%, per Charlie Bilello. The median existing home price in the US was $294,000 . Currently, the 30-year mortgage rate is 6.78% and the median home price is $410,000. Meanwhile, a recent report from the National Association of

The U.S. Virgin Islands wants a judge to declare that JPMorgan, $JPM, participated in Epstein’s sex trafficking and obstructed law enforcement, per NBC

The U.S. Virgin Islands wants a judge to declare that JPMorgan, $JPM, participated in Epstein’s sex trafficking and obstructed law enforcement, per NBC. Recently, other allegations were noted. For example: Jeffrey Epstein helped Apollo Global Management co-founder Leon Black avoid over $1 billion in future gift and estate

The Federal Reserve has hiked rates by 25 BPS

The Federal Reserve has hiked rates by 25 BPS. The Federal Reserve has approved an interest rate hike, which brings benchmark borrowing costs to their highest level in more than 22 years. 1. The Federal Open Market Committee (FOMC) raised its funds rate by a quarter percentage point to a

Bitcoin could soar to $180,000 before the April 2024 halving, Fundstrat has said

Bitcoin could soar to $180,000 before the April 2024 halving, Fundstrat  has said. Standard Chartered has given its predictions regarding Bitcoin, saying that the top crypto could reach $120,000 by the end of 2024. For the end of this year, the expectation is that BTC will reach $50,

Jeffrey Epstein helped Apollo Global Management co-founder Leon Black avoid over $1 billion in future gift and estate taxes – and was paid about $158 million for his advice

Jeffrey Epstein helped Apollo Global Management co-founder Leon Black avoid over $1 billion in future gift and estate taxes – and was paid about $158 million for his advice. The Senate Finance Committee is investigating $158 million paid to accused sex-trafficker Jeffrey Epstein by billionaire and Apollo Global Management co-founder Leon

Citadel securities had their first half trading revenue fall over 35% so far and profits were down nearly 60% in the first half of the year

Citadel Securities, founded by Ken Griffin, experienced a 35% decline in net trading revenue during the first half of the year compared to the previous year's surge driven by volatility. Despite the drop, the market maker still managed to generate $2.73 billion in revenue in the first

There are more players in the NBA making $30M+ per year, than there are CEOs of S&P500 companies who make the same amount

There are more players in the NBA making $30M+ per year, than there are CEOs of S&P500 companies who make the same amount, per WSJ. Meanwhile, Economic Policy Institution reported that CEO's average pay rose by 11% from 2020 to 2021. The increase means the average

Messi wins on debut to MLS

Lionel Messi's highly anticipated debut with Inter Miami CF exceeded all expectations. In the closing moments of the 2023 Leagues Cup first game, Messi earned a free kick just outside the box. With his renowned left foot, he executed the shot flawlessly, securing a game-winning goal in stoppage

$1 billion powerball ticket won in California

Per ABC: A winning ticket for the $1 billion Powerball jackpot was sold in California. The winning numbers in Wednesday night's drawing were 7, 10, 11, 13 and 24, and the Powerball was 24. The jackpot ticket was sold at the Las Palmitas Mini Market in Los Angeles,

Tickets for Lionel Messi’s US debut cost as much as $110,000

Tickets for Lionel Messi’s US debut cost as much as $110,000, per CNN. Lionel Messi has just officially finalized his deal with Inter Miami, and with it, the superstar shared how excited he was regarding the deal. Messi made this statement during 'The Unveil" event at

Americans said on average they'd need a salary of roughly $233,000 a year to feel financially secure

Americans said on average they'd need a salary of roughly $233,000 a year to feel financially secure, per CNN. Meanwhile, in New York City, a $100,000 salary feels like $36,000, per Bloomberg. New York ranked last, with take-home pay of $35,791. Tennessee, took the

north american charging standard

Nissan will be the first Japanese automaker to adapt Tesla's EV charging standard in the US and Canada

Per Reuters Nissan will be the first Japanese automaker to adapt Tesla's EV charging standard in the US and Canada. The implementation would start in 2025, where the company would equip Tesla's North American Charging Standard (NACS) port. Nissan would be joining American rivals like Rivian,

stability ai

Stability AI boss says most outsourced programmers in India only have 2 years before losing their jobs

Per CNBC The CEO of Stability AI, Emad Mostaque, went on a call with UBS analysts commenting on the potential state of programmers in India over the next two years. The CEO said taht the boss says most outsourced programmers in India only have 2 years before losing their jobs.

jim cramer

Jim Cramer says he doesn't see a recession coming

Per CNBC Jim Cramer went on CNBC to tell investors that he doesn't think there'll be a recession coming. This came as Cramer pointed out how a recession wasn't inevitable in many sectors, including banking, homebuilding, travel, and leisure. Cramer gave a statement regarding

ed yardeni

Ed Yardeni says the US economy transitions from 'rolling recovery' to a 'rolling recession'

Per CNBC Ed Yardani, a market veteran, has just said that the US economy is transitioning from being in a "rolling recovery" to a "rolling recession." The former Deutsche Bank chief investment strategist went on CNBC's Squawk Box Asia to give a statement regarding