Unusual Whales

Miami Mayor Francis Suarez received $500,000 from an online flower shop operating mostly out of China

Miami Mayor Francis Suarez received $500,000 from an online flower shop operating mostly out of China, per Bloomberg. A watchdog group focused on campaign activities has raised concerns regarding a $500,000 donation made to a super PAC supporting Miami Mayor Francis Suarez's (R) potential 2024 presidential

Trump indicted

Federal prosecutors have brought charges against Donald Trump, accusing him of conspiring to secure a second term after his defeat in the 2020 election. The charges detail a prolonged campaign of deception and misconduct, culminating in his inaction while a violent mob of his supporters stormed the Capitol. Special counsel

The average entry-level home in the US has hit a record $243,000

The average entry-level home in the US has hit a record $243,000. The availability of affordable homes for first-time buyers has vanished from the US real estate market. With mortgage rates hovering around 7%, the average entry-level home in the US now carries a steep price

United States’s long-term foreign currency debt rating was downgraded by Fitch to AA+ from AAA

On Tuesday, Fitch Ratings downgraded its US debt rating from AAA, the highest rating, to AA+, citing a consistent decline in governance standards. The downgrade was influenced by several factors, including the recent debt ceiling negotiations that took place earlier in the year, posing the risk of the nation'

FTX plans to restart its crypto exchange for international customers

FTX plans to restart its crypto exchange for international customers The filing, released on Monday night U.S. time, categorizes the claimants into different groups. The initial group comprises claimants from FTX.com offshore exchange, referred to as "dotcom customers". Next are the customers of the U.S.

NASA is hunting deep space for Voyager 2 after flight controllers accidentally sent a wrong command that cut contact with the spacecraft 12 billion miles away

NASA is hunting deep space for Voyager 2 after flight controllers accidentally sent a wrong command that cut contact with the spacecraft 12 billion miles away, per Bloomberg. Voyager 2, hurtling deeper into interstellar space, has lost communication due to a wrong command mistakenly sent by flight controllers over a

Bud Light distributors no longer expect sales to recover from the Dylan Mulvaney marketing campaign

Bud Light distributors no longer expect sales to recover from the Dylan Mulvaney marketing campaign, per NYP. Meanwhile, in July, it became clear Budlight lost its spot in the US. Now, Modelo, a Mexican beer, records its second consecutive month as the top-selling beer in the US for May

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

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

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

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

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

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

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

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