Unusual Whales

The Attorney General of Connecticut is launching an inquiry into grocery price gouging

Attorney General William Tong, alongside Democratic Senate leaders, announced on Thursday the initiation of an investigation into potential price gouging practices by Connecticut grocery stores. The decision to start the inquiry was prompted by a Federal Trade Commission report, revealing that grocery chains nationwide had used the COVID-19 pandemic to

Russia and China have almost completely stopped using the dollar in their mutual trade, said Russian Foreign Minister Sergei Lavrov

Russia and China have almost completely stopped using the dollar in their mutual trade, said Russian Foreign Minister Sergei Lavrov. Russian Foreign Minister Sergei Lavrov stated in Moscow on Monday that Russia and China have significantly reduced their use of the dollar in their bilateral trade, as reported by Tass.

The S&P 500 just flashed a bullish signal that suggests a 19% gain by August 2025, according to Bank of America, $BAC

In a report released on Tuesday, Bank of America's technical analyst Stephen Suttmeier pointed out that the S&P 500 had recorded 12 consecutive months of positive year-over-year gains. This means that from March 2023 to March 2024, the S&P 500 experienced a positive year-over-year

The Biden administration has now doled out $153 billion in student debt relief for 4.3 million people

The Biden administration has now doled out $153 billion in student debt relief for 4.3 million people, per Axios. The administration has already provided $153 billion in student debt relief to 4.3 million individuals through various initiatives. If approved, the new plan aims to increase assistance to over

Gold could soar 25% in the next 18 months as Middle East tensions and Fed easing boost the precious metal, Citi, $C, has said

Gold could soar 25% in the next 18 months as Middle East tensions and Fed easing boost the precious metal, Citi, $C, has said. Citi predicts that the price of gold will surge by 25%, driven by increased tensions in the Middle East and the expectation of looser monetary policy.

Blackrock, $BLK, CEO Fink has said, "I don’t think inflation will get back to 2% anytime soon"

Blackrock, $BLK, CEO Fink has said, "I don’t think inflation will get back to 2% anytime soon." BlackRock CEO Larry Fink suggested on Friday that the Federal Reserve is likely to cut interest rates this year but may fall short of reaching its inflation target. Amid market

U.N. climate chief has said that there are two years left to save the planet

Humanity has a limited window of just two years to take decisive action and enact significant changes to reduce heat-trapping emissions, according to the head of the United Nations climate agency. This urgent timeline also applies to securing the necessary finances for such a monumental shift. With a 2025 deadline

U.S. weapons maker Lockheed Martin, $LMT, has reported a near 14% rise in first-quarter sales

Lockheed Martin Corp. exceeded expectations in its first-quarter operating income, driven by increased deliveries of fighter jets and missile systems. The defense company's consolidated operating profit remained steady at $2 billion compared to the previous year, surpassing the average analyst estimate of $1.91 billion. Earnings per share

High-speed rail system from Las Vegas to Southern California has broken ground today

Officials initiated the construction of a new high-speed rail system on Monday, which will link Southern California with Las Vegas. Named the Brightline West system, it will maintain an average speed of approximately 115 miles per hour and achieve a maximum speed of around 200 mph, comparable to other high-speed

Donald Trump set to receive $1.25 billion worth of Trump Media stock in $DJT earnout bonus

Former President Donald Trump is set to receive an additional 36 million shares of Trump Media on Tuesday, as part of an "earnout" bonus valued at over $1.25 billion based on Monday's share price. Trump Media, the owner of the Truth Social app, was trading

The Biden administration is considering providing work permits or deportation relief to millions of undocumented immigrants who have lived and worked in the U.S. for a long time

The Biden administration is considering providing work permits or deportation relief to millions of undocumented immigrants who have lived and worked in the U.S. for a long time, per WSJ. The White House is considering options to grant temporary legal status and work permits to immigrants in the U.

The inflation fight has stalled and the first rate cut won't happen until December, Bank of America, $BAC, has said

The inflation fight has stalled and the first rate cut won't happen until December, Bank of America, $BAC, has said. Bank of America has revised its forecast for the first rate cut of 2024, moving it from June to December, due to the recent series of unexpectedly high

Russia's army is now 15% bigger than when it invaded Ukraine

Russia's army is now 15% bigger than when it invaded Ukraine. "At a hearing with the House Armed Services Committee, US Army Gen. Christopher Cavoli, NATO's Supreme Allied Commander Europe, revealed that the army's size has increased by 15 percent since the invasion

Russia now has grounds to confiscate Western assets after the US House of Representatives passed legislation that would allow the potential transfer of seized Russian assets to Ukraine, per Russian lawmaker

A senior Russian lawmaker stated on Monday that Russia could now consider confiscating Western assets, following the passing of legislation by the U.S. House of Representatives. This legislation would potentially transfer seized Russian assets to Ukraine, as per the remarks made by Vyacheslav Volodin, the Duma speaker and a

Nvidia, $NVDA, is increasing employee compensation with a stock grant named after CEO Jensen Huang

Nvidia, $NVDA, is increasing employee compensation with a stock grant named after CEO Jensen Huang. Employees at the company are receiving a unique "Jensen special grant" of additional restricted stock units (RSUs), named after CEO Jensen Huang, according to three sources familiar with the matter who spoke with

Fashion retailer Express Inc has filed for Chapter 11 bankruptcy in the United States and intends to close more than 100 stores

Fashion retailer Express Inc has filed for Chapter 11 bankruptcy in the United States and plans to close over 100 stores, according to an announcement on Monday. The company, which includes brands like Express, Bonobos, and UpWest Express, disclosed assets and liabilities in the range of $1 billion to $10

The New York Stock Exchange is polling participants on the possibility of being able to trade stocks 24/7

The New York Stock Exchange is polling participants on the possibility of being able to trade stocks 24/7. The New York Stock Exchange (NYSE) is exploring the possibility of moving to a 24-hour trading schedule, similar to the one used by cryptocurrencies, according to the Financial Times. Despite its

The U.S. House has approved the bill banning TikTok in the U.S. if ByteDance refuses to divest, $META.

On Wednesday, the U.S. House of Representatives decisively approved legislation that presents TikTok's parent company, ByteDance, with a six-month ultimatum to sell off its American operations or face a ban. This development represents the most significant challenge to the social media platform since attempts by the Trump

U.S. House approves $61 billion in aid for Ukraine

In a swift move during a rare Saturday session, the House approved a substantial $95 billion foreign aid package for Ukraine, Israel, and other allies. This decision, demonstrating a bipartisan effort, marks a significant step in reaffirming American support amidst the ongoing conflict in Ukraine. The package includes $61 billion

13% of Gen Zers have said they decided to work less and put in less effort at work because of advice on TikTok

70% of Gen Zers encounter career advice on TikTok weekly, with nearly 1 in 10 trusting TikTok more than parents or colleagues for such advice. About 41% have made career decisions based on TikTok advice, with 1 in 10 even quitting their jobs based on it. Additionally, 15% have received

The median monthly U.S. housing payment hit an all-time high of $2,747 during the four weeks ending April 7

On Thursday, Redfin reported that the median monthly US housing payment hit an all-time high of $2,747 during the four-week period ending April 7th. This is up 11% from one year ago. According to Redfin, housing payments are climbing because home prices and mortgage rates are high. The median

The Biden administration is considering an arms sale to Israel worth over $1 billion

The Biden administration is contemplating the initiation of a fresh weapons agreement that would entail the sale of over $1 billion worth of arms to Israel, according to a recent report. The Wall Street Journal's article surfaced mere hours after the Jewish state responded to Iran's

Israel has conducted airstrikes on targets in Iran

Israel has conducted airstrikes on a target in Iran, according to US officials. An official told ABC News that the strikes hit a site in Iran, but it is unclear what target was hit or the extent of the damage. Footage shared on social media appeared to show anti-aircraft fire

Binance has converted the entire pool of assets held in an emergency fund for users into USDC

Binance has converted the entire pool of assets held in an emergency fund for users into USDC. Binance, the world's largest cryptocurrency exchange, has converted its entire emergency fund for users, known as the Secure Asset Fund for Users (SAFU), into USDC, the stablecoin issued by US firm

Google sit in people have been fired

Google has terminated 28 employees following protests over its technology supply to the Israeli government amid the Gaza conflict, intensifying tensions around a contentious deal. The dismissals, confirmed by Google on Wednesday, came after nine employees were arrested during sit-in protests at offices in New York and Sunnyvale, California, following