Unusual Whales

Donald Trump and Elon Musk have discussed a possible advisory role for the Tesla, $TSLA, leader should the presumptive Republican nominee reclaim the White House

Donald Trump and Elon Musk have discussed a possible advisory role for the Tesla, $TSLA, leader should the presumptive Republican nominee reclaim the White House. Elon Musk and Donald Trump have been communicating regularly, with Trump seeking Musk's support as he prepares for a potential return to the

Little Caesars has been named the most affordable restaurant in America

Little Caesars, known for its affordable $5 pizza pies, remains the top low-cost pizza chain according to a new survey. As dining costs rise, fast-food chains are trying to win back customers with value deals. McDonald's is reintroducing its $5 value meal, and Jack in the Box is

Vivek Ramaswamy, who recently acquired an 8.37% stake in BuzzFeed, is calling for job cuts at the company and requesting three board seats

Vivek Ramaswamy's vision for BuzzFeed is taking shape, as the entrepreneur and activist investor released a detailed letter outlining his recommendations for the company’s turnaround. Ramaswamy recently disclosed a significant activist stake in BuzzFeed and, in his letter on Monday, revealed that he has increased his stake

74% of middle class Americans have cut back on non-essential spending due to inflation

74% of middle class Americans have cut back on non-essential spending due to inflation. Consumer sentiment, a measure of Americans' economic outlook, has reached a six-month low, according to the University of Michigan's closely monitored index. This drop, the largest since 2021, underscores the ongoing impact of

Hedge funds sell US stocks at fastest rate since January, per Goldman Sachs

Hedge funds sell US stocks at fastest rate since January, per Goldman Sachs. Goldman Sachs' prime brokerage highlighted a shift in market momentum, noting that the recent sell-off aligns with positive economic growth indicators and the Federal Reserve's firm stance on maintaining elevated interest rates for an

Stocks are up 12% this year, but nearly half of Americans (49%) believe that they’re down

Stocks are up 12% this year, but nearly half of Americans (49%) believe that they’re down, per Harris. Nearly three in five Americans mistakenly believe that the US is in an economic recession, with the majority blaming the Biden administration, according to a Harris poll conducted exclusively for the

Over half of millennials now own their homes — up from 43% in 2019 — and, as of 2022, millennials' average pre-tax household income was $100,315, up from $79,514 in 2019

Over half of millennials now own their homes — up from 43% in 2019 — and, as of 2022, millennials' average pre-tax household income was $100,315, up from $79,514 in 2019, per BI. The average age of first-time homebuyers is now 36, up from 33 in 2022, per Bankrate.

7 hurt, 2 missing after natural gas explosion tears facade off bank in downtown Youngstown

A natural gas explosion in Youngstown, Ohio, blew open the facade of a downtown bank building Tuesday afternoon, injuring seven people and leaving at least two individuals missing. The front of the Realty building on East Federal Street was heavily damaged, with images showing that the facade was completely destroyed.

46% of middle-class Americans said they've dialed back or completely paused saving for the future

For a long time, the negative sentiment surrounding financial stability has been prevalent, but it appears to have intensified sharply in recent years. A survey from Northwestern Mutual found that financial anxiety had reached a record high. In a Primerica survey conducted in March of middle-class households, half of the

About 58% of outstanding US home loans had interest rates below 4% at the end of last year, according to the Federal Housing Finance Agency

About 58% of outstanding US home loans had interest rates below 4% at the end of last year, according to the Federal Housing Finance Agency. Households expect mortgage rates to rise to 8.7% a year from now and increase to 9.7% in three years’ time. U.S. households

The US economy and stock market are on a clear path to recession, Paul Dietrich has said

The US economy and stock market are on a clear path to recession, Paul Dietrich has said. Dietrich, a Wall Street veteran known for predicting the 2008 recession, has been warning for months about an impending downturn in the U.S. economy. In a recent note, he highlighted several warning

Thousands of North Koreans stole Americans’ identities and took remote-work tech jobs at Fortune 500 companies

Thousands of North Koreans stole Americans’ identities and took remote-work tech jobs at Fortune 500 companies. The Justice Department announced the arrests of three individuals on Thursday in connection with a sophisticated stolen identity scheme that officials say generates significant proceeds for the North Korean government, including its weapons program.

The percentage of credit card balances in serious delinquency (90 days or more late) climbed to its highest level since 2012

The percentage of credit card balances in serious delinquency (90 days or more late) climbed to its highest level since 2012, per the NYFed. The economy has been resilient, the job market healthy, and consumers keep spending, but more Americans are becoming financially overextended, particularly on their credit cards. New

Fast food restaurants have had the sharpest price hikes during the Biden administration, higher than grocery bills & gas prices

Fast food restaurants have had the sharpest price hikes during the Biden administration, higher than grocery bills & gas prices, per Axios. The average price of has outpaced wage gains for workers since before the pandemic. Prices are up 31%, average hourly earnings up 25%. Zoom in: The average price

The national debt has reached $34.55 trillion, equating to $103,671 per person, $262,886 per household, and $477,731 per child

The national debt has reached $34.55 trillion, equating to $103,671 per person, $262,886 per household, and $477,731 per child. The U.S. national debt is climbing rapidly and shows no signs of slowing down, despite increasing criticism of massive government spending. As of Wednesday afternoon, the

Elon Musk recently told investors that his artificial intelligence startup xAI is planning to build a supercomputer to power the next version of its AI chatbot Grok, with nearly 100,000 Nvidia, $NVDA, H100 chips

Elon Musk's AI startup xAI has raised $6 billion in Series B funding, achieving a post-money valuation of $24 billion as investors place substantial bets on challengers to companies like OpenAI in the intensifying AI race. According to a blog post by the company on Sunday, the funding

Donald Trump has just said: “I will ensure that the future of crypto and Bitcoin is shaped in the USA. I will support the right to self-custody for the nation's fifty million crypto holder

Donald Trump has just said: “I will ensure that the future of crypto and Bitcoin is shaped in the USA. I will support the right to self-custody for the nation's fifty million crypto holder Former U.S. President Donald Trump has shared his views on the cryptocurrency industry.

"Welcome to the white-collar recession. The more you earn, the harder it is to find a job right now,"

Per BI: "Among Vanguard's lowest earners—those making less than $55,000—the hiring rate remains strong at 1.5%, still above pre-pandemic levels. However, for those earning over $96,000, the picture is bleak. Hiring has plummeted to a mere 0.5%, less than half of

Russian President Vladimir Putin is ready to halt the war in Ukraine with a negotiated ceasefire that recognises the current battlefield lines, four Russian sources told Reuters, saying he is prepared to fight on if Kyiv and the West do not respond

Russian President Vladimir Putin is ready to halt the war in Ukraine with a negotiated ceasefire that recognises the current battlefield lines, four Russian sources told Reuters, saying he is prepared to fight on if Kyiv and the West do not respond. Three sources familiar with discussions within Putin'

McDonald’s, $MCD, $5 value meal is coming in June — and staying for just a month

he promotion will feature four items for $5: a McChicken or McDouble, four-piece chicken nuggets, fries, and a drink. This deal will run for about a month starting on June 25, according to a source familiar with the matter who was not authorized to discuss it publicly. “We know how

82% or recent home buyers had regrets about their purchase

82% or recent home buyers had regrets about their purchase. per Clever Real Estate. A report released this week by St. Louis-based Clever Real Estate found that recent homebuyers and those planning to buy within the next year face numerous challenges. Last month, Clever surveyed 920 Americans about their views

Amazon, $AMZN, plans to charge Alexa users a monthly fee when it rolls out an AI-infused version of the voice assistant later this year

Amazon, $AMZN, plans to charge Alexa users a monthly fee when it rolls out an AI-infused version of the voice assistant later this year. The Seattle-based tech and retail giant will launch a more conversational version of Alexa later this year, potentially positioning it to better compete with new generative

JPMorgan's, $JPM, Dimon says he can't rule out hard landing for U.S. economy

JPMorgan Chase's chairman and CEO, Jamie Dimon, says a “hard landing” for the U.S. cannot be ruled out. When asked by CNBC’s Sri Jegarajah about the prospect of a hard landing, Dimon replied: “Could we actually see one? Of course, how could anyone who reads history

Child care is more expensive than rent for the average American family

Child care is more expensive than rent for the average American family. According to a new report from the nonprofit Child Care Aware of America, the cost of two children in child care exceeds average rent payments by at least 25% nationwide and is more than double in eight states

Americans need to earn 80% more than they did before the pandemic to comfortably afford a home

A new Zillow report found that the typical household needs to make over $106,000 a year to afford a home, assuming a 10% down payment and 30% of their income going toward housing costs. This represents an 80% increase from January 2020, when the typical household needed to earn