Unusual Whales

Companies are cracking down on remote work to get employees to quit

mandates. Some companies are responding by offering remote or hybrid work options to attract new hires. However, there’s often a trade-off: flexible work arrangements come with lower pay. According to Robert Half’s 2025 U.S. Hiring Outlook, nearly half of managers expect difficulties in meeting candidates’ salary expectations.

Trump threatens 25% tariffs on Apple

President Donald Trump on Friday sharply escalated trade tensions by targeting both Apple and the European Union, signaling a more aggressive stance in his ongoing trade agenda. In a pair of posts on Truth Social early Friday, Trump said he would seek to impose a 25% tariff on iPhones not

Trump has recommended a 50% tariff on the EU, starting June 1

President Donald Trump on Friday sharply escalated trade tensions by targeting both Apple and the European Union, signaling a more aggressive stance in his ongoing trade agenda. In a pair of posts on Truth Social early Friday, Trump said he would seek to impose a 25% tariff on iPhones not

Nearly 75% of all restaurant traffic is now drive-thru or takeout orders

According to a new report from the National Restaurant Association, a striking 75% of restaurant visits now involve takeout, highlighting a major shift in how Americans dine. That includes drive-thru and pickup orders — and speed is everything. Nearly 95% of consumers said fast service is “critical” to their experience, and

Jobs are no longer much more plentiful than available workers

President Trump’s tariffs — and the unpredictable way they’ve been implemented — have once again sparked fears that the U.S. economy could be heading toward a downturn. Although the risk of an outright recession has diminished somewhat with the delay of the steepest duties, there are still valid concerns

April home sales dropped to the slowest pace for that month since 2009

The spring housing market remains under pressure as high interest rates and subdued consumer confidence weigh on activity. Sales of previously owned homes fell 0.5% in April from the previous month, reaching a seasonally adjusted annual rate of 4 million units, according to the National Association of Realtors. This

Treasury Secretary Bessent: other countries' currencies rising, not US dollar falling

The Bloomberg Dollar Spot Index dropped as much as 0.7% on Friday, extending its year-to-date loss to over 7%. The U.S. dollar has now declined in four of the last five sessions, as renewed tariff threats from former President Donald Trump — targeting both the European Union and Apple

Markets no longer take tariff threats at face value

President Donald Trump on Friday sharply escalated trade tensions by targeting both Apple and the European Union, signaling a more aggressive stance in his ongoing trade agenda. In a pair of posts on Truth Social early Friday, Trump said he would seek to impose a 25% tariff on iPhones not

Nike, NKE, to increase prices on footwear, apparel amid tariffs

Nike is set to raise prices on a broad range of footwear, apparel, and equipment as early as this week, according to information obtained by CNBC, as the retail sector prepares for the financial impact of incoming tariffs. Adult apparel and equipment will see increases ranging from $2 to $10,

Subaru of America increases vehicle prices

Subaru of America announced Monday that it is raising prices on several of its vehicle models, joining a growing list of automakers passing rising costs on to consumers as expenses increase in the wake of tariffs imposed by the Trump administration. In a statement, Subaru attributed the price hikes to

CEO of Microsoft, MSFT, Satya Nadella, has said as much as 30% of Microsoft code is written by AI

Microsoft CEO Satya Nadella revealed Tuesday that up to 30% of the company's code is now being generated by artificial intelligence tools. “Probably 20% to 30% of the code in some of our repositories and projects is written by software,” Nadella said during a live conversation with Meta

Apple, AAPL, may release a ‘mostly glass, curved iPhone’ in 2027

A recent report from The Information claims that at least one 2027 iPhone model will feature an under-display front-facing camera, allowing for a truly edge-to-edge screen. This aligns with a prior report from The Elec, which noted Apple is collaborating with display partners to develop a bezel-less iPhone—though notably,

The US Government will stop putting new pennies into circulation by early next year

The U.S. Treasury Department announced Thursday that it is winding down production of the penny and will soon cease putting new one-cent coins into circulation. The Wall Street Journal was first to report the move earlier in the day. According to a Treasury spokesperson, the government placed its final

House Republican tax bill passes 'SALT' deduction cap of $40,000

On Thursday morning, House lawmakers approved revisions to the federal deduction for state and local taxes — commonly known as the SALT deduction — as part of President Donald Trump’s broader tax package. The current $10,000 SALT cap was implemented under the Tax Cuts and Jobs Act (TCJA) of 2017,

US 30-year yield rises to 5.15%, highest since October 2023

resident Donald Trump’s tax bill narrowly passed the U.S. House of Representatives by a single vote, intensifying concerns over the nation’s ballooning debt. The legislation includes tax breaks for tipped income and car loans, while also increasing funding for military spending and border enforcement. Late last week,

The median pay for a Gen Z college graduate was $60,000, based on data from the Federal Reserve Bank of New York, compared to $40,000 for a high school graduate

As Gen Z continues to come of age, many are choosing to skip traditional college pathways in favor of alternatives—primarily due to the rising cost of a bachelor's degree, they told CNBC Make It. The annual price tag for attending a four-year, in-state public college jumped roughly

Netflix, NFLX, will show generative AI ads midway through streams in 2026

At its Upfront event on Wednesday, Netflix announced plans to introduce advertisements powered by generative AI, starting in 2026. These AI-generated ads will appear not just during regular ad breaks, but also when viewers hit the pause button. The only way to avoid them will be by upgrading to Netflix’

Judge blocks Trump's executive order to shut down the Education Department

has been temporarily halted by a federal judge. On Thursday, U.S. District Judge Myong Joun in Boston issued a preliminary injunction blocking the Trump administration’s executive order, which aimed to dismantle the agency and terminate thousands of federal education employees. The ruling also requires the department to reinstate

Ray Dalio says we should be afraid of the bond market

Bridgewater Associates founder and billionaire investor Ray Dalio issued a stark warning on Monday, arguing that Moody’s recent downgrade of the U.S. sovereign credit rating fails to reflect the full scope of risk facing U.S. Treasury holders—particularly the threat of the government resorting to money printing

The Pentagon has officially accepted a $400 million luxury airliner from Qatar that Trump said will serve as Air Force One

Defense Secretary Pete Hegseth has formally accepted a donated Boeing 747 from Qatar, intended for use by former President Donald Trump as Air Force One, the Pentagon announced Wednesday. Pentagon spokesperson Sean Parnell stated that the Department of Defense will implement all necessary security upgrades to make the aircraft suitable

Klarna CEO has said that AI helped company shrink workforce by 40%

Klarna CEO Sebastian Siemiatkowski revealed this week that the company has cut its workforce by nearly 40%, attributing the drop to a combination of artificial intelligence adoption and routine employee turnover. “The reality is, we’ve gone from around 5,000 employees to just under 3,000,” Siemiatkowski said during

Serious Credit Card delinquencies has risen to 12.31%

American consumers are falling behind on car payments at a pace not seen in three decades. In January, 6.56% of subprime auto loan holders were at least 60 days late on their payments, according to Fitch Ratings data cited by Bloomberg News on Thursday (March 6). That marks the

Software engineer lost his $150K-a-year job to AI—he’s been rejected from 800 jobs and forced to DoorDash and live in a trailer to make ends meet

After weathering two major economic downturns—the 2008 financial crisis and the COVID-19 pandemic—software engineer K managed to bounce back each time within a matter of months. But when he was laid off again in April of last year, he quickly realized this time was different. The tech world

US prepares for long war with China that might hit its bases, homeland

Earlier this month, Brigadier General Doug Wickert of the U.S. Air Force gathered local civic leaders at Edwards Air Force Base in California to deliver a sobering message: if China launches an assault on Taiwan in the near future, the surrounding region should brace for immediate and significant disruption.

More than 6.5% of borrowers are at least 60 days late on their car payments, the highest level ever recorded

American consumers are falling behind on car payments at a pace not seen in three decades. In January, 6.56% of subprime auto loan holders were at least 60 days late on their payments, according to Fitch Ratings data cited by Bloomberg News on Thursday (March 6). That marks the