Unusual Whales

"President Biden has a cold," per two unnamed sources reported by NBC

"President Biden has a cold," per two unnamed sources reported by NBC. A raspy President Joe Biden delivered rambling answers Thursday in the opening moments of his debate with his Republican rival, Donald Trump, who countered Biden’s criticism with energy and at times by leaning into falsehoods

Donald Trump: I did not have sex with a pornstar"

Donald Trump: I did not have sex with a pornstar." A raspy President Joe Biden delivered rambling answers Thursday in the opening moments of his debate with his Republican rival, Donald Trump, who countered Biden’s criticism with energy and at times by leaning into falsehoods about the economy

Biden: "We finally beat Medicaid"

A raspy President Joe Biden delivered rambling answers Thursday in the opening moments of his debate with his Republican rival, Donald Trump, who countered Biden’s criticism with energy and at times by leaning into falsehoods about the economy and illegal immigration. The debate came at a pivotal juncture in

Trump, on Biden: “I really don't know what he said at the end of that sentence. I don't think he knows what he said either"

A raspy President Joe Biden delivered rambling answers Thursday in the opening moments of his debate with his Republican rival, Donald Trump, who countered Biden’s criticism with energy and at times by leaning into falsehoods about the economy and illegal immigration. The debate came at a pivotal juncture in

Biden said we have a thousand trillionaires in America

A raspy President Joe Biden delivered rambling answers Thursday in the opening moments of his debate with his Republican rival, Donald Trump, who countered Biden’s criticism with energy and at times by leaning into falsehoods about the economy and illegal immigration. The debate came at a pivotal juncture in

SpaceX will sell insider shares at $112 apiece in a tender offer, a higher-than-expected price that boosts the value of Elon Musk's space and satellite company closer to $210 billion

Elon Musk's SpaceX will sell insider shares in a tender offer that values the private space company at over $200 billion, according to a report. Citing people familiar with the matter, Bloomberg reported that SpaceX will sell insider shares at $112 apiece, valuing the company at close to

Buy now, pay later debt could become a problem for the U.S. economy

Buy now, pay later (BNPL) options are becoming increasingly accessible to consumers. According to a recent NerdWallet report, a quarter of Americans surveyed in April 2024 said they had used BNPL services in the past 12 months. The number of BNPL loans increased by nearly 1,100% between 2019 and

Walmart, $WMT, is replacing its price labels with digital screens—but the company swears it won’t use it for surge pricing

Sticker price tags are becoming obsolete in grocery stores, making way for "digital shelf labels" (DSLs). Retailers have been grappling with shifts in consumer behavior due to inflation, and while some have added service fees or sneaky price labels, others are leveraging DSLs to their advantage. Earlier this

US Supreme Court SCOTUS has blocked Purdue Pharma bankruptcy settlement that would shield Sackler family from Opoid lawsuits

The U.S. Supreme Court on Thursday rejected a nationwide settlement with OxyContin maker Purdue Pharma that would have protected members of the Sackler family, who own the company, from civil lawsuits related to the opioid crisis. This settlement also aimed to provide billions of dollars to address the epidemic.

78% of Americans said they were doing okay financially or living comfortably -- the highest share since the Fed began running the annual survey in 2013

More than a third of Americans earning at least $250,000 annually report living paycheck to paycheck, highlighting the impact of inflation on budgets across the income spectrum. According to a report by industry publication Pymnts.com and LendingClub Corp., about 36% of households earning nearly four times the median

Dell, $DELL, said return to the office or else—nearly half of workers chose “or else"

Dell, $DELL, said return to the office or else—nearly half of workers chose “or else." Big tech companies are still trying to rally workers back into physical offices, but many workers remain resistant. According to a recent report, computer-maker Dell has faced even more challenges than most. Earlier

There are now 481,000 new homes for sale in the US, the highest inventory since January 2008

Home prices set another record in April, even as mortgage rates rose and the supply of homes for sale increased. Home prices reached another record high in April, despite rising mortgage rates and an increased supply of homes for sale. Typically, these conditions would lead to weakening prices, but today&

The SEC could approve Ethereum exchange traded funds as soon as July 4

The U.S. Securities and Exchange Commission could approve exchange-traded funds (ETFs) tied to the spot price of ether as soon as July 4, as talks between asset managers and regulators enter the final stages, industry executives and other participants told Reuters. Eight asset managers, including BlackRock, VanEck, Franklin Templeton,

North Korea to send troops in Ukraine in the form of a military engineering unit to support Russian forces on the ground in the Donetsk region

If Pyongyang ever decides to send troops to fight for Russia in Ukraine, its forces would be used as cannon fodder, Pentagon press secretary Gen. Pat Ryder said at a briefing on Tuesday. “If I were North Korean military personnel management, I would be questioning my choice of sending my

Federal Reserve says all 31 banks in annual stress test withstood a severe hypothetical downturn

The Federal Reserve announced on Wednesday that the largest banks operating in the U.S. would be able to withstand a severe recession scenario while continuing to lend to consumers and corporations. All 31 banks in this year's regulatory exercise passed the requirement to absorb losses while maintaining

New Jersey experienced the highest rate of foreclosures last month, with about one in every 1,939 homes receiving a foreclosure notice — more than double the national average

New Jersey experienced the highest rate of foreclosures last month, with about one in every 1,939 homes receiving a foreclosure notice — more than double the national average. Home foreclosures increased again in May as Americans continue to struggle with the ongoing cost-of-living crisis. According to a new report from

Daily marijuana use outpaces daily drinking in the U.S

For the first time, the number of Americans who use marijuana almost every day has surpassed those who drink that often, marking a shift nearly 40 years in the making as recreational pot use has become more mainstream and legal in nearly half of U.S. states. In 2022, an

Home prices set another record in April, even as mortgage rates rose and the supply of homes for sale increased

Home prices set another record in April, even as mortgage rates rose and the supply of homes for sale increased. Home prices reached another record high in April, despite rising mortgage rates and an increased supply of homes for sale. Typically, these conditions would lead to weakening prices, but today&

The US needs to build 2 million houses to revive the American dream of homeownership

The American dream of owning a home is fading for millions of Americans due to persistent affordability issues, and the country needs a substantial increase in new home construction to make homeownership attainable again, according to Ned Davis Research. "Years of rising house prices, modest income growth, and high

Recession isn't happening as the US economy is the most dynamic it's been in history

Don't expect a recession to hit anytime soon, as the US economy appears to be the most dynamic it's ever been, according to "The Big Short" investor Steve Eisman. The famed investor, known for predicting the 2008 housing crash, believes the US economy is

A McDonald’s, $MCD, test of its plant-based burger in San Francisco and Dallas “was not successful in either market"

A McDonald’s, $MCD, test of its plant-based burger in San Francisco and Dallas “was not successful in either market,” per CNBC. A test of its McPlant burger in San Francisco and Dallas "was not successful in either market," said Joe Erlinger, the chain’s US chief, at

Amazon, $AMZN, to launch Temu-like discount section with direct shipping from China

Amazon, $AMZN, to launch Temu-like discount section with direct shipping from China. Amazon.com (AMZN.O) plans to introduce a new section on its shopping site featuring inexpensive items that will ship directly to international consumers from warehouses in China, the Information reported on Wednesday, citing slides shown to Chinese

56% of full-time workers in their early 50s get pushed out of their jobs (due to circumstances like a layoff) before they’re ready to retire

Working longer is one of the best ways to ensure you don’t outlive your retirement savings, but you can’t always count on it as a strategy. When it comes to retirement age, there’s a significant gap between expectations and reality. Americans often retire earlier than planned, frequently

Home foreclosures are on the rise again nationwide

Home foreclosures increased again in May as Americans continue to struggle with the ongoing cost-of-living crisis. According to a new report from real estate data provider ATTOM, there were 32,621 properties in May with foreclosure filings, which include default notices, scheduled auctions, and bank repossessions. This represents a 3%

Amazon, $AMZN, is working on an AI assistant that competes with ChatGPT, codenamed 'Metis'

Amazon, $AMZN, is working on an AI assistant that competes with ChatGPT, codenamed 'Metis'. Amazon is reportedly developing a powerful AI chatbot designed to compete directly with OpenAI’s ChatGPT. Business Insider has reported that Amazon, perceived by some as lagging in the race to create generative AI,