Unusual Whales

US Director of Federal Housing, William Pulte, has said that Jerome Powell is considering resigning

US Director of Federal Housing, William Pulte, has said that Jerome Powell is considering resigning. President Trump’s public criticisms of Federal Reserve Chair Jerome Powell have become so routine that Wall Street barely flinches anymore. But behind the scenes, his team is stepping up the pressure in ways that

The $7,500 EV tax credit and the $4,000 used EV tax credit are set to be defunct on September 30, 2025

If you're thinking about buying an electric vehicle, your window to take advantage of a generous federal tax credit — up to $7,500 — is closing fast. The Clean Vehicle Credit, which was revamped and extended through 2032 by the Inflation Reduction Act, is now slated to end after

Computer engineering graduates had an unemployment rate of 7.5%

Graduates in computer engineering are facing surprisingly high jobless rates—more than twice that of art history majors—according to the latest figures from the Federal Reserve Bank of New York. While art history majors show an unemployment rate of just 3%, computer engineering grads are experiencing a 7.5%

Billionaires worldwide have gained $6.5 trillion in total in the past decade

Over the past decade, the combined wealth of the world’s 3,000 billionaires has grown by $6.5 trillion (roughly £4.8 trillion) in inflation-adjusted terms—an amount equal to 14.6% of global GDP, according to a new report from Oxfam. Zooming out further, the richest 1% of

Condo prices are dropping because homeowners have gotten fed up with high HOA and insurance fees

After the pandemic-era mortgage rates dipped below 3%, launching a surge of homebuying, aspiring homeowners now face a much tougher landscape: rates climbed as high as 8% in October 2023. That spike forced many would-be buyers—especially younger people—out of the market. But amid that broader affordability crisis, one

Google, GOOGL, DeepMind has grand ambitions to ‘cure all diseases’ with AI

Alphabet’s low-profile drug discovery company, Isomorphic Labs, is preparing to enter a new phase: testing its AI-developed drug candidates in human clinical trials. According to Colin Murdoch—who leads Isomorphic and also serves as Chief Business Officer at Google DeepMind—the company’s efforts are nearing a pivotal turning

Ford, F, CEO Jim Farley warns AI will wipe out half of white-collar jobs

At last week's Aspen Ideas Festival, Ford CEO Jim Farley sounded the alarm on what he calls the “essential economy”—the overlooked world of people who move, build, and repair things. According to Farley, the U.S. has neglected this backbone of American productivity by underinvesting in vocational

Trump says he will not fire Powell

President Trump’s public criticisms of Federal Reserve Chair Jerome Powell have become so routine that Wall Street barely flinches anymore. But behind the scenes, his team is stepping up the pressure in ways that suggest markets may want to start paying closer attention. Trump’s advisers are now engaged

Metadata shows the FBI’s ‘raw’ Jeffrey Epstein prison video was likely modified

Footage tied to Jeffrey Epstein’s death in federal custody appears to have been altered before it was shared with the public—despite being presented as unedited surveillance video—according to a joint investigation by WIRED and multiple independent video forensics experts. Here’s what the analysis uncovered: Hidden metadata

US had a budget surplus of $27.01 billion in June, compared to a deficit of $71 billion, due to tariffs

The U.S. government logged a rare surplus in June, thanks in part to a jump in tariff revenues that gave federal coffers an unexpected boost, the Treasury Department said Friday. After running deep in the red all year, Washington pulled in a $27 billion surplus last month, a stark

The footage from Jeffery Epstein’s cell that was released by the DOJ was edited with Adobe Premiere Pro, stitched from 2 clips, and was saved 4 times

Footage tied to Jeffrey Epstein’s death in federal custody appears to have been altered before it was shared with the public—despite being presented as unedited surveillance video—according to a joint investigation by WIRED and multiple independent video forensics experts. Here’s what the analysis uncovered: Hidden metadata

The US dollar has suffered its worst first half of the year since 1973

The U.S. dollar is in steep decline—marking its worst performance in over half a century. Down 10.7% against a basket of major world currencies, the greenback just posted its sharpest first-half drop to a year since 1973. Back then, Richard Nixon was still president and the Vietnam

The U.S. is having its worst year for measles in more than three decades

The U.S. is currently experiencing its worst measles outbreak in over 30 years—and the year isn’t even over yet. As of Wednesday, the CDC has confirmed 1,288 measles cases nationwide, surpassing the 2019 total and marking the highest count since 1992. Public health experts warn that

Copper now costs way more in the U.S. than elsewhere

Copper is suddenly a lot more expensive in the U.S. than anywhere else in the world—and President Trump is the reason why. He slapped a 50% tariff on all copper imports, and by the end of Tuesday, U.S. copper prices had jumped 13%, closing at $5.69

The U.S. is reportedly pressuring five West African nations to accept migrants deported from the US whose home countries are either refusing to take them back or are slow to do so

As President Trump met Wednesday with the leaders of five West African nations, his administration was pressing them to accept migrants deported by the U.S. whose home countries have been unwilling or slow to take them back, according to an internal document and current and former U.S. officials.

Home insurance prices are expected to jump 8% this year, with some states seeing a 27% jump

As natural disasters have become more frequent in recent years, homeowners have continued to see a steady climb in home insurance costs—and a new survey suggests that trend is far from over. Insurify projects that the average home insurance premium in the U.S. will rise to $3,520

Almost half of Gen Z – 49% – has decided saving for the future is pointless

A large majority of U.S. adults—77%—reported feeling financially insecure in a May survey conducted by Bankrate, highlighting a continued rise in financial unease dating back to 2023 and presenting potential challenges for employers as they shape compensation strategies. More than one-quarter of the 2,260 respondents said

Linda Yaccarino has announced she is stepping down as the CEO of X

Linda Yaccarino, the CEO of X—Elon Musk’s rebranded social media platform formerly known as Twitter—announced on Wednesday that she is stepping down. “After two incredible years, I’ve decided to step down as CEO of 𝕏,” Yaccarino posted on the platform. Musk replied briefly: “Thank you for your

Biden’s White House doctor pleads the Fifth Amendment, refuses to testify at a closed-door House hearing on Biden’s mental health

Former White House physician Dr. Kevin O’Connor appeared before the House Oversight Committee in a closed-door session on Wednesday, but declined to answer questions as Republicans escalated their probe into Joe Biden’s health and fitness during his presidency. The committee had sought O’Connor’s testimony amid renewed

Amazon, AMZN, first day traffic for Amazon Prime Day is down 41%

Momentum Commerce, which oversees Amazon sales for top retailers representing $7 billion in spending on the platform, reported that sales on the first day of Prime Day were down 41% compared to last year. Still, the firm expects overall growth as Prime Day expands from a two-day event to four

OpenAI planning to release AI web browser

Following the recent launch of Perplexity’s Comet, OpenAI is reportedly preparing to unveil its own AI-driven web browser to rival Google Chrome, according to a Reuters report published Wednesday. The browser, expected to debut in the coming weeks, is designed to rethink the way people navigate the internet using

A “click-to-cancel” rule has been blocked by a federal appeals court just days before it was set to go into effect

A federal appeals court has blocked a “click-to-cancel” rule just days before it was scheduled to take effect. The rule would have required businesses to make it easier for consumers to cancel subscriptions and memberships they no longer want. The Federal Trade Commission adopted the changes in October, mandating that

The US Supreme Court is allowing President Donald Trump to fire thousands from the federal government

President Donald Trump is now permitted to move forward with his plans to carry out mass firings across the federal government, following a decision announced today by the Supreme Court. The ruling clears the way for widespread personnel cuts that could significantly weaken federal agencies, potentially in ways that would

Trump: Imposing a 50% tariff on copper

“Today we are doing copper,” Trump told reporters in the room, adding, “I believe the tariff on copper, we are going to make it 50 percent.” U.S. Commerce Secretary Howard Lutnick, who was present at the meeting, confirmed that the tariff level would indeed be set at 50 percent.

AG Pam Bondi is asked about the minute missing from the Epstein DOJ minute

Attorney General Pam Bondi on Tuesday attempted to calm backlash from the right over the Justice Department’s recent memo regarding disgraced financier Jeffrey Epstein. On Monday, the Justice Department and FBI released roughly 11 hours of surveillance footage recorded outside Epstein’s prison cell door, aiming to dispel ongoing