Unusual Whales

Biden-Harris administration pressured Meta, $META, to censor Covid content, Zuckerberg tells House Committee

Meta Platforms CEO Mark Zuckerberg revealed that the Biden administration had pressured his company to "censor" COVID-19-related content during the pandemic. This likely refers to the White House's requests to remove misinformation about the virus and vaccines. In an Aug. 26 letter to the U.S.

A California proposal could make undocumented immigrants eligible for up to $150,000 in state-supported home loans

A groundbreaking proposal in California could make undocumented immigrants eligible for state-supported home loans up to $150,000, just as immigration becomes a heated issue in the presidential election. The bill is expected to pass the California Legislature, where Democrats hold a supermajority, in a state that has the highest

Boeing, $BA, employees are “humiliated” after NASA announced that two astronauts who have been stranded on the International Space Station by the company’s troubled Starliner space capsule will have to be rescued by SpaceX

Boeing, $BA, employees are “humiliated” after NASA announced that two astronauts who have been stranded on the International Space Station by the company’s troubled Starliner space capsule will have to be rescued by SpaceX, per NYP. NASA officials announced on Saturday that the two Boeing Starliner astronauts, who have

Reddit, RDDT, CEO Steve Huffman has hinted that in future some subreddits could be paywalled, as the company seeks to devise new sources of income

Reddit, RDDT, CEO Steve Huffman has hinted that in future some subreddits could be paywalled, as the company seeks to devise new sources of income During an earnings call, Reddit CEO Steve Huffman mentioned that the company plans to test AI-powered search results later this year, hinting at the potential

80% of Toronto-area, Canada homes are selling below asking price

The Greater Toronto Area (GTA) real estate market is facing significant turmoil, with an oversupply of homes and properties selling at considerable losses. A new report from real estate listing platform Wahi reveals that most neighborhoods in and around Toronto are seeing homes sell for less than the asking price,

Canada will place a 100% tariff on Chinese EV imports

Canada announced on Monday that it would impose a 100% tariff on Chinese electric vehicles (EVs) and a 25% tariff on imported steel and aluminum from China, following the actions of the United States and the European Union. These tariffs will apply to all EVs imported from China, including those

Since 2022, nearly all employment growth in California came from the government

California has now lost all of the tech-sector jobs it gained during the boom of 2021/2022, per Joey Politano. The state now has fewer tech jobs than it did pre-pandemic. The US economy added 206,000 jobs in June, according to the Bureau of Labor Statistics report on Friday,

A single bar of gold is now worth $1 million for the first time ever

The milestone was reached on Friday when the spot price of gold exceeded $2,500 per troy ounce. With gold bars typically weighing 400 troy ounces, a standard bar is now worth one million dollars. Gold’s remarkable rise continued into the week, with spot prices hitting an all-time high

Starbucks', $SBUX, new CEO is set to make up to $113 million — the average total pay for a barista is $49,000

Brian Niccol is poised to receive a significant financial package as he steps into the role of Starbucks' next CEO, earning far more than most employees in the company's coffee shops. According to a filing made by Starbucks with the SEC on Wednesday, Niccol could potentially earn

Telegram founder Pavel Durov has now been charged on 12 criminal counts

Pavel Durov, the founder and CEO of Telegram, was arrested in Paris on August 24 and is now facing 12 charges. These range from facilitating illegal online transactions to involvement in the distribution of child pornography. His arrest follows a judicial investigation that began on July 8, initiated after a

Free COVID tests will be available to order from government and USPS in September

U.S. households will soon be able to order up to four COVID-19 nasal swab tests through the federal program, as stated on the website COVIDtests.gov. While the U.S. Department of Health and Human Services (HHS) has not yet specified when ordering will begin, the tests will be

Boomers say it takes $2.8 million USD to be wealthy in 2024, per Bloomberg

Boomers say it takes $2.8 million USD to be wealthy in 2024, per Bloomberg. Millennials say it takes $2.2 million. Gen Z says it takes $1.2 million. A new Charles Schwab survey found out the dollar amount of what Americans think is considered wealthy. The estimation showed

NASA has just announced that SpaceX, Elon Musk of TSLA’s company, will bring back the stranded BA astronauts from the International Space Station using their Dragon capsule

Two NASA astronauts who traveled to the International Space Station in June aboard Boeing's troubled Starliner capsule will now return to Earth on a SpaceX vehicle early next year, NASA officials announced Saturday. They deemed the issues with Starliner's propulsion system too risky for its first

Elon Musk has said: We are working on highlighting more banger content from (currently) small 𝕏 accounts

In a tweet, Musk said, "We are working on highlighting more banger content from (currently) small accounts. Our current algorithm shows too much from accounts that are big already." This is part of Musk’s larger push to create a more balanced and diverse content ecosystem on Twitter.

Cheap foreign labour soars in Canada as young workers are left jobless

Youth unemployment rates in Canada have been climbing rapidly. Two years ago, the unemployment rate for individuals aged 15 to 24 was slightly over 9%. Today, it stands at 14.2%—the highest level in over a decade, excluding the COVID-19 pandemic. The situation is even more severe for young

World's biggest economies in 2075, projected by Goldman Sachs, $GS

Goldman Sachs Research initially laid out long-term forecasts for the economies of Brazil, Russia, India, and China (the BRICs) nearly 20 years ago, expanding those predictions in 2011 to include additional countries. In their latest analysis, the scope now includes 104 nations, projecting economic trends from now until 2075. Global

Real estate insolvencies in Canada set to surpass levels of global financial crisis

Real estate insolvencies in Canada set to surpass levels of global financial crisis. Residential property developers are increasingly facing insolvency as they grapple with rising borrowing and construction costs, and experts warn this trend is likely to worsen as interest rates remain high. The number of insolvent real estate companies

New U.S. homes are selling for $3.50 less per square foot than old ones, the widest gap in at least six years

New U.S. homes are selling for $3.50 less per square foot than old ones, the widest gap in at least six years, per Zillow. It might sound surprising, but newly built homes are now cheaper than older ones, despite having never been lived in. In May, new homes

More than half of residential investors (52%) have lost $100,000 or more on a single real estate investment

Nearly 90% of residential real estate investors have experienced losses, with 42% saying they've lost more money than they've earned, according to new research by Clever Real Estate, a company based in St. Louis. Additionally, 42% of investors reported losing $200,000 or more on a

Millennials, once perpetually behind, are now suddenly wealthier than other generations were at their age

Millennials and older Gen Z combined had a total wealth of $13.2 trillion in the first quarter of 2024, according to a report from The Wall Street Journal citing Federal Reserve data. This marked a significant jump from just $4.5 trillion in 2020, largely driven by real estate

Nearly 29% of single family homes were purchased by investors in Miami

Nearly 29% of single family homes were purchased by investors in Miami, per Redfin. At the beginning of last year, investors significantly pulled back, with their home purchases plummeting nearly 50%, according to Redfin. This drop wasn't far off from the broader decline in existing home sales, which

Fed Chair Jerome Powell has said: The time has come for policy to adjust

Federal Reserve Chair Jerome Powell hinted at potential interest rate cuts during his speech on Friday but stopped short of providing specific details on when or how much rates might be reduced. "The time has come for policy to adjust," Powell said in his keynote address at the

Powell became "dovish" and said the "time has come" to cut interest rates

Federal Reserve Chair Jerome Powell hinted at potential interest rate cuts during his speech on Friday but stopped short of providing specific details on when or how much rates might be reduced. "The time has come for policy to adjust," Powell said in his keynote address at the

California’s population has shrunk by more than 570,000 since 2020

California’s private sector is significantly trailing behind the broader U.S. post-pandemic job recovery, according to an analysis by Stanford University's Hoover Institution. While the U.S. economy saw a strong gain of 7.32 million private-sector jobs from January 2022 to June 2024, California’s contribution

More women are skipping college to make more self-perceived income as electricians, car mechanics and truck driver

With the soaring costs of tuition at four-year colleges and nearly $2 trillion in U.S. student loan debt, some young people are reevaluating the value of a traditional bachelor’s degree and choosing to pursue hands-on work instead. Vocational school enrollment surged 16% last year, reaching the highest levels