Unusual Whales

Trump’s tax law cuts income for the poorest 10% by $1,200 per year

The Congressional Budget Office (CBO) projected Monday that the poorest 10% of U.S. households will lose roughly $1,200 in resources each year under the new “One Big Beautiful Bill Act,” a hit equal to about 3.1% of their income. By contrast, households in the top 10% of

Denmark has summoned the top U.S. diplomat after the national broadcaster reported that at least three people with connections to President Donald Trump have been carrying out covert influence operations in Greenland

Denmark’s foreign minister has called in the senior U.S. diplomat in Copenhagen following intelligence reports suggesting that American citizens have carried out covert influence activities in Greenland, the ministry confirmed Wednesday. According to Danish broadcaster DR, citing unnamed sources, officials believe at least three U.S. nationals linked

91% of Bank of America, BAC, fund managers surveyed indicated that American stocks are overvalued

Roughly 91% of investors now say U.S. stocks are overvalued, the highest share since records began in 2001, according to Bank of America’s latest global fund manager survey. Even though allocations to global equities climbed to the strongest level since February, a net 16% of respondents still reported

Barclays says the U.S. economy is likely in a stall, with a 50% chance of recession in the next two years

Barclays analysts say the U.S. economy has likely entered a “stall state,” with recession risks over the next two years now close to 50%. In a new research note, the bank explained that its updated “tipping points” model, which factors in recent payroll revisions, indicates that U.S. growth

US stock Market hits its most expensive valuation in history, surpassing the Dot Com Bubble and the run-up to the Great Depression

Recent data shows that U.S. equities are now trading at their highest valuation levels in history, according to a Barchart analysis cited by Cbonds. Current valuations have surpassed even the extremes of the late-1990s dot-com bubble and the speculative surge leading up to the 1929 crash. These record levels

Warren Buffett has said a college degree doesn't matter

Warren Buffett has repeatedly emphasized in his shareholder letters and public remarks that a candidate’s educational background plays no role in his decision when selecting leaders for Berkshire Hathaway companies. For Buffett, character and business instinct matter far more than whether someone studied at an elite university or pursued

Bank of America, BAC, has said that America’s grid is 30%-46% ‘beyond its useful life’

America’s power grid, the critical system behind everything from homes and hospitals to factories and electric vehicles, is showing signs of deep strain. A Bank of America Institute analysis finds that surging demand, outdated infrastructure, and widening regional divides have left nearly one-third of transmission lines and almost half

Trump: Cracker Barrel should go back to old logo

President Donald Trump has waded into the Cracker Barrel controversy, urging the restaurant chain to scrap its new branding and return to its traditional logo after a wave of MAGA backlash. The Tennessee-based company recently replaced its longtime emblem—a man in overalls sitting beside a wooden barrel—with a

Sam Altman says colleagues are glad he’s a dad now because they think raising a child will help him make ‘better decisions for humanity'

OpenAI CEO Sam Altman says becoming a father earlier this year has reshaped his outlook on life and influenced how he thinks about the broader impact of artificial intelligence. Altman and his husband, Australian software engineer Oliver Mulherin, welcomed their first child, a son, in February via surrogacy, just weeks

Trump Commerce Secretary Howard Lutnick says the administration is considering federal government partial ownership of defense corporations

The Trump administration is considering taking equity stakes in defense and munitions companies, Commerce Secretary Howard Lutnick said Tuesday. “There’s a monstrous discussion about defense,” Lutnick told CNBC’s Squawk Box when asked whether there is a limit to government ownership of private firms. “Lockheed Martin makes 97 percent

Fed’s Cook: “I will not resign"

Federal Reserve Governor Lisa Cook reiterated Monday that she will not resign from her post, after President Donald Trump announced he was firing her over mortgage fraud allegations. In a statement, Cook said the president lacks the authority to remove her. “President Trump purported to fire me ‘for cause’ when

Trump has said that the US economy has added over half a million private sector jobs

The White House has launched a campaign highlighting economic progress during President Donald Trump’s first six months, describing the period as “America’s golden age.” Economic data released Friday, however, shows a mixed picture. The U.S. economy added 73,000 jobs in the most recent month, compared with

Trump announces intention to pursue the death penalty for individuals convicted of homicide in Washington, DC

President Donald Trump said Tuesday that all murder cases in Washington, D.C., should be prosecuted as capital punishment cases. “Anybody murders someone in the capital, capital punishment … If somebody kills somebody in Washington, D.C., we’re going to be seeking the death penalty,” Trump told reporters during a

Indian ambassador: We will continue buying Russian oil

India will keep purchasing oil wherever it secures the “best deal” in order to safeguard the energy needs of its 1.4 billion people, the country’s ambassador to Russia said Sunday. The statement from Ambassador Vinay Kumar comes just days before President Donald Trump’s 50% tariffs on India

VP Vance: Russia has offered significant compromises toward a Ukraine peace agreement

With peace efforts faltering, Vice President JD Vance said Sunday that Russia had made “significant concessions” toward ending the war in Ukraine. Yet there is little visible evidence that President Vladimir Putin has shifted from his initial invasion goals since February 2022. In an interview on NBC’s Meet the

Trump has said: Except what is written and broadcast in the Fake News, I now have the highest poll numbers I’ve ever had

President Donald Trump lashed out at ABC and NBC in a string of posts on Truth Social, accusing the two networks of producing overwhelmingly negative coverage of his presidency. He claimed that “97%” of their stories about him were bad, and argued that the broadcasters function as “an arm of

Trump on US taking stakes in businesses: I want to try to get as much as I can

The U.S. government may take equity stakes in more companies going forward, possibly through the creation of an American sovereign wealth fund, according to National Economic Council Director Kevin Hassett, one of President Donald Trump’s top economic advisers. Hassett’s comments Monday followed the administration’s move to

Trump: We will be reducing drug prices by 1400-1500%

President Donald Trump said Monday that his Most Favored Nation (MFN) policy would slash prescription drug prices in the United States by as much as 1400% to 1500%. Speaking to reporters in the Oval Office, Trump compared the disparity in costs abroad versus at home. “We’re talking about where

The first human case of the flesh-eating parasite, New World Screwworm, has been detected in the United States

The U.S. has confirmed its first human case of a flesh-eating parasite, the Department of Health and Human Services (HHS) said Monday. The infection was caused by the New World screwworm (NWS), a parasitic fly species whose larvae burrow into the flesh of living hosts using sharp mouth hooks,

Trump: We'll allow 600,000 Chinese students into the US

President Donald Trump warned Monday that China must increase its supply of magnets to the United States or face steep trade penalties, saying, “we have to charge them 200 percent tariff or something.” His remarks come as Beijing grows more protective over rare earth elements, adding several magnets and other

The Trump administration plans to reportedly remove COVID-19 vaccines from the US market within months

President Donald Trump and Health and Human Services Secretary Robert F. Kennedy Jr. are reportedly preparing to phase out the COVID-19 vaccine “within months,” according to an associate of Kennedy’s. The claim marks a sharp reversal for Trump, who once celebrated the vaccine’s development under Operation Warp Speed

The Pentagon is preparing to send National Guard troops to Chicago

The Trump administration has been quietly preparing to send National Guard troops to Chicago as part of a broader push on crime and immigration enforcement, according to several U.S. media outlets. The Pentagon has been drawing up contingency plans that could see thousands of Guard members mobilized to the

95% of generative AI pilots at companies are failing

A new MIT study finds that 95% of organizations aren’t seeing any financial return from their generative AI investments. Only a small fraction—about 5% of companies running integrated AI pilots—are reporting meaningful gains, with those few reaping millions in value. For the rest, AI adoption has so

Microsoft, MSFT, has said that these are the 40 jobs with the lowest risk to be taken over by AI

A new study from Microsoft researchers is shedding light on how generative AI may reshape the workforce. Professions such as translators, historians, and writers scored among the highest for AI “applicability,” meaning the tasks they perform overlap heavily with what AI can already do. Customer service and sales roles—covering

The loss of engaged employees is costing the world economy about $438 billion in lost productivity

A new workplace trend is emerging in which employees continue to show up and perform their duties, but are emotionally drained and mentally struggling. Roughly 54% of workers say they feel unhappy on the job — ranging from occasional discontent to constant dissatisfaction — according to a 2025 report by TalentLMS. “Quiet