Unusual Whales

Chinese money launderers appear to have moved some $312 billion in illicit transactions through U.S. banks and other financial institutions in recent years to aid Mexican drug cartels and other criminals, the Treasury Department has said

The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) issued a warning Thursday about Chinese money laundering networks (CMLNs), calling them a growing threat to the American financial system. The agency released both an Advisory, urging banks and other institutions to be alert to how Mexico-based drug

Trump: companies and corporations should no longer be forced to "Report" on a quarterly basis

President Donald Trump is pushing to end the long-standing requirement that public companies report their financial results every quarter, a move he says would shift corporate focus away from short-term pressures and toward long-term management. In a Truth Social post, Trump argued that businesses “should no longer

Trump: companies and corporations should no longer be forced to "Report" on a quarterly basis

President Donald Trump is pushing to end the long-standing requirement that public companies report their financial results every quarter, a move he says would shift corporate focus away from short-term pressures and toward long-term management. In a Truth Social post, Trump argued that businesses “should no longer

Trump said a meeting between a U.S. team led by Treasury Secretary Scott Bessent and his Chinese counterparts had been a success

The Trump administration has finalized an agreement with China to allow TikTok to continue operating in the United States, wrapping up a long-running dispute that first began during Donald Trump’s initial term as president. Treasury Secretary Scott Bessent confirmed Monday that a framework had been reached and said

Opendoor, OPEN, board chair Rabois says company is 'bloated,' needs to cut 85% of workforce

Opendoor’s new chairman, Keith Rabois, sharply criticized the company as “bloated” on Friday and pledged to slash as much as 85% of its workforce. “There’s 1,400 employees at Opendoor. I don’t know what most of them do. We don’t need more than 200 of them,

A new bill in Congress could allow the US government to strip citizens of their right to travel for criticizing Israel

A U.S. lawmaker has introduced legislation that could be used to restrict Americans’ right to travel abroad based solely on their speech, including criticism of Israel. The bill, sponsored by Florida Representative Brian Mast, who chairs the House Foreign Affairs Committee, would give Secretary of State Marco Rubio authority

Albania has appointed an AI-generated government minister who will avoid getting corrupted

For government leaders, being called “heartless” often comes with the job. But Albania has taken that label literally — by adding an AI program to its cabinet. This new “minister” isn’t a human overseeing artificial intelligence. She is artificial intelligence, introduced simply as Diella. Prime Minister Edi Rama unveiled her

Ohio lawmaker wants to allow utilities to adjust homeowners’ thermostats, water heaters

Ohio lawmakers are considering a new energy initiative that would allow utilities to temporarily adjust residents’ thermostats and water heaters — but only for customers who voluntarily sign up. House Bill 427, introduced this week in the General Assembly, proposes an opt-in “demand response” program designed to ease pressure on

UBS expects the S&P 500 to reach 6,800 by mid-2026

Across the Atlantic, sentiment is beginning to improve. UBS has raised its mid-2026 forecast for the S&P 500 to 6,800 from 6,200, though the bank is keeping a neutral stance, suggesting much of the potential upside may already be priced in. Morgan Stanley expects a

Comedy Central pulls “South Park” episode that depicted Charlie Kirk after assassination

Comedy Central has pulled a controversial episode of South Park that spoofed Charlie Kirk after the conservative activist was shot and killed at Utah Valley University on Wednesday. The network, owned by Paramount Skydance, quietly replaced the scheduled rerun of Got a Nut—a Season 27 episode in which Eric

22-year-old Utah resident Tyler Robinson has been taken into custody for the assassination of Charlie Kirk

Authorities announced Thursday that the suspect in the killing of Charlie Kirk has been taken into custody. Utah Governor Spencer Cox identified the suspect as Tyler Robinson, saying he came to the attention of law enforcement after reaching out to a family friend, who then alerted authorities. Investigators noted that

UBS puts the recession probability at 93%

UBS has sounded an alarm over the U.S. economy, saying its proprietary model places the risk of recession at 93% based on “hard data” covering May through July 2025. While the bank stopped short of making an official recession call, it described the probability as “historically worrying” and pointed

US mortgage rates have just had their biggest weekly drop in a year, at 6.35%, down from 6.50% a week earlier

After months of hesitation in a sluggish housing market, buyers may finally be getting a reason to reenter: mortgage rates are dropping sharply. The average 30-year fixed mortgage rate fell to 6.35% for the week ending September 11, down from 6.50% the week before, according to Freddie

Elizabeth Warren says she wants JPMorgan CEO Dimon and other $JPM executives to testify in congress on Epstein

Ten Democratic senators are pressing for a congressional hearing into JPMorgan Chase ($JPM) and its long-standing ties to Jeffrey Epstein, demanding testimony from CEO Jamie Dimon and other executives on why the bank kept Epstein as a client despite multiple warning signs. Senator Elizabeth Warren, the top Democrat on

Senator Mike Lee has said he is working on legislation to stop H1B visa abuse

U.S. Senator Mike Lee has stirred debate over the future of H-1B visas after posting on social media: “Is it time to pause H-1B visas?” His comment came in reaction to unverified claims alleging that Walmart paid bribes to bring in Indian tech workers while sidelining American

The State Department indicated it would review the legal status of immigrants ‘praising, rationalizing, or making light’ of Charlie Kirk's fatal shooting

A senior State Department official on Thursday issued a warning to foreign nationals in the U.S. not to glorify the killing of conservative commentator Charlie Kirk, who was shot dead during an event in Utah the previous day. “In light of yesterday’s horrific assassination of a leading political

CPI 0.4% MoM, Exp. 0.3%

The Consumer Price Index rose 2.9% in August from a year earlier, in line with forecasts, as President Trump’s tariffs continued to filter through the economy. Inflation Data Economists had expected the CPI to rise 2.9%, according to FactSet. The index, which tracks the price of goods

FBI released image of person of interest in Charlie Kirk shooting

Authorities said Thursday that the sniper who killed Charlie Kirk fired a single shot, then leapt from a rooftop and fled into a nearby neighborhood. Investigators have since recovered what they believe to be the weapon used — a high-powered, bolt-action rifle — and are reviewing video footage that tracks

Bumble, BMBL, CEO has said that they are planning an AI-powered matchmaking app

Bumble founder and CEO Whitney Wolfe Herd envisions a future where artificial intelligence plays the role of a “dating concierge,” guiding users through the process of building connections. She says AI will not only support tasks like improving communication and filtering matches, but may eventually interact with other AIs on

Boomers are sitting on $82 trillion in wealth—more than twice what Gen X has and four times as much as millennials

Baby Boomers today hold an estimated $82 trillion in wealth — more than double the $42 trillion held by Generation X and roughly four times the $16 trillion of Millennials. The wide gap stems from several structural advantages Boomers had, including being the first generation to access 401(k) retirement plans,

Lack of civility in U.S. workplaces is costing American businesses an estimated $2.1 billion per day

A new study from the Society for Human Resource Management (SHRM) estimates that workplace incivility is costing U.S. businesses around $2.1 billion every day through lost productivity and rising absenteeism. The research points to reduced work effort, lower quality output, and higher employee burnout as the main drivers

Trump has said there is "no inflation"

Wholesale prices unexpectedly fell in August as producer inflation came in far below estimates, teeing up the Federal Reserve to slash interest rates next week. The Producer Price Index, which measures final demand goods and services prices, declined 0.1% in August – significantly below estimates of a 0.3% rise

Larry Ellison of Oracle, ORCL, is the richest person in the world, surpassing Elon Musk of Tesla, TSLA

Larry Ellison of Oracle, ORCL, is the richest person in the world, surpassing Elon Musk of Tesla, TSLA. Elon Musk has lost his title of “world’s richest person” title to Oracle cofounder Larry Ellison. Ellison’s wealth jumped by $101 billion to $393 billion after Oracle’s stunningly strong

Israel has said that it has carried out an airstrike against Hamas leadership in Doha, Qatar

The Israeli military said it launched an airstrike on Hamas’ political headquarters in Qatar, marking a dramatic escalation in the conflict. Television broadcasts from Doha showed a massive plume of gray smoke rising over the city where the strike occurred. In a statement on Tuesday, the Israel Defense Forces (IDF)

The U.S. added 911,000 fewer jobs in 2024-2025 than first estimated

Fresh economic data released Thursday pointed to growing strain in the labor market. First-time applications for unemployment benefits climbed to their highest level in nearly three months, private-sector hiring slowed sharply, and August recorded the worst round of layoff announcements since the pandemic — and before that, the Great