Unusual Whales

The Trump administration will announce a new rule, ‘Schedule F’ that will make it easier to remove federal employees undermining the President’s agenda

he Trump administration is advancing a plan to reclassify certain career civil servants as “at-will” federal employees, a change it says will make it easier to remove workers deemed underperforming or obstructive. “Following my Day One Executive Order, the Office of Personnel Management will be issuing new Civil Service Regulations

President Trump is replacing the acting IRS commissioner that he appointed just three days earlier

President Donald Trump has replaced the acting IRS commissioner just days after naming him to the role. Deputy Treasury Secretary Michael Faulkender has now been appointed as the new acting commissioner, according to a statement released Friday by Treasury Secretary Scott Bessent. “Trust must be restored at the IRS, and

Bill Gates says AI will replace doctors and teachers in 10 years

Bill Gates has projected that artificial intelligence will drastically reduce the need for human involvement in many traditional areas such as medicine and education — a transformation he believes could take place in under a decade. In a recent appearance on NBC’s “The Tonight Show” with Jimmy Fallon, the Microsoft

Donald Trump: Moving forward, career government employees, working on policy matters, will be classified as "Schedule policy/career

The Trump administration is advancing a plan to reclassify certain career civil servants as “at-will” federal employees, a change it says will make it easier to remove workers deemed underperforming or obstructive. “Following my Day One Executive Order, the Office of Personnel Management will be issuing new Civil Service Regulations

Taking one personal finance class in high school has a lifetime benefit of roughly $100,000

According to a recent report by consulting firm Tyton Partners and the nonprofit Next Gen Personal Finance, students who complete just one semester of personal finance in high school gain an estimated lifetime benefit of around $100,000. A significant portion of that value comes from understanding how to avoid

Ray Dalio: “I’m worried about something worse than a recession"

Billionaire hedge fund manager Ray Dalio has warned that the United States could face “something worse than a recession” as a result of President Donald Trump’s trade policies, including steep new tariffs. In an interview on NBC’s Meet the Press on Sunday, the 75-year-old investor said, “I think

Temu and Shein have announced plans to raise prices in response to the tariffs

Chinese online marketplace Temu and fast-fashion brand Shein will raise prices next week as President Donald Trump’s broad tariffs and new restrictions on low-value imports increase costs for companies known for offering low prices. In nearly identical notices sent to customers this week, both companies said price hikes will

Elon Musk’s SpaceX, Anduril, and Palantir, PLTR, bid to build Trump's "Golden Dome" US missile defense system

Elon Musk’s company SpaceX and two of its partners have emerged as leading contenders to secure a key role in President Donald Trump’s “Golden Dome” missile defense initiative, according to six individuals familiar with the situation who spoke to Reuters. SpaceX is teaming up with software firm Palantir

Over 4 million Gen Zers are jobless—and experts blame colleges for ‘worthless degrees’ and a system of broken promises

Workers who stayed in their current roles saw a 4.6% wage increase in January and February, while those who changed jobs received a slightly higher boost of 4.8%, according to new data from the Federal Reserve Bank of Atlanta. The financial edge of job-hopping is shrinking: the wage

The U.S. could risk default on its $36.6 trillion debt as early as August unless Congress raises the debt ceiling

The U.S. government could face the risk of defaulting on some of its $36.6 trillion in debt as early as August—or potentially even by late May—unless Congress raises the nation’s debt ceiling, the non-partisan Congressional Budget Office (CBO) projected on Wednesday. This estimate of the

Tump Media, DJT, alerts SEC to potential manipulation of DJT stock

President Donald Trump’s Trump Media & Technology Group (TMTG) sent a letter to the Securities and Exchange Commission (SEC) alerting it to what it described as “suspicious activity,” after U.K.-based hedge fund Qube disclosed a $105 million short position in TMTG’s DJT stock. Short-Selling Basics Short-selling

A report from the Atlanta Fed shows that workers who stayed put in their jobs last month saw a 4.6% wage increase, compared to those who switched roles and made 0.2% more

Workers who stayed in their current roles saw a 4.6% wage increase in January and February, while those who changed jobs received a slightly higher boost of 4.8%, according to new data from the Federal Reserve Bank of Atlanta. The financial edge of job-hopping is shrinking: the wage

Google GOOGL has lost its online advertising case, thus saying its online ad tech markets violate US antitrust laws

oogle’s stronghold in the digital advertising industry suffered a major setback on April 17, when a federal judge ruled the company had illegally dominated two essential segments of the online ad market. The decision marks a significant development in the U.S. government’s ongoing antitrust campaign targeting Big

Trump has said there will be a deal with China

A pipeline expansion in Western Canada that began operations less than a year ago has opened up greater access to Alberta’s oilsands for China and other East Asian oil importers. Chinese imports of crude from the pipeline’s endpoint near Vancouver surged to a record 7.3 million barrels

Chinese refiners are importing record amounts of Canadian crude after slashing purchases of US oil by roughly 90% amid escalating trade war

A pipeline expansion in Western Canada that began operations less than a year ago has opened up greater access to Alberta’s oilsands for China and other East Asian oil importers. Chinese imports of crude from the pipeline’s endpoint near Vancouver surged to a record 7.3 million barrels

Nvidia, NVDA, CEO Jensen Huang has said: US tightening of chip export control has significant impact on Nvidia's business…

Nvidia CEO Jensen Huang said Thursday that China remains a very important market for the company, following the U.S. government's decision to ban sales of its H20 artificial intelligence chips to the country. "We hope to continue our cooperation with China," Huang said during a

Astronomers say they have found the strongest indication of life beyond our solar system, on a planet 124 light-years from Earth called ‘K2-18b

A planet located 124 light years from Earth has provided the most compelling evidence yet that extraterrestrial life could exist beyond our solar system, according to astronomers. Using the James Webb Space Telescope, scientists observed a planet known as K2-18 b and detected what appear to be chemical signatures of

Trump has said: "Jerome Powell is always too late and wrong. His termination “cannot come fast enough

Federal Reserve Chair Jerome Powell said Wednesday that the central bank will "wait for greater clarity" before making any changes to interest rates, noting that President Trump’s tariffs are expected to result in “higher inflation and slower growth.” Speaking in Chicago, Powell acknowledged that these two outcomes

Fed's Powell: Tariffs likely mean higher inflation, and slower growth

Powell Reaffirms Fed Independence Federal Reserve Chair Jerome Powell emphasized the Fed’s independence during remarks in Chicago, receiving applause from the audience. He noted: * The Fed’s independence is protected under the law * It enjoys strong bipartisan support * The institution will not be influenced by political pressure He also

Fed's Powell: Unemployment is likely to go up as economy slows

Powell Reaffirms Fed Independence Federal Reserve Chair Jerome Powell emphasized the Fed’s independence during remarks in Chicago, receiving applause from the audience. He noted: * The Fed’s independence is protected under the law * It enjoys strong bipartisan support * The institution will not be influenced by political pressure He also

Fed’s Powell: federal debt is on an unsustainable path

Powell Reaffirms Fed Independence Federal Reserve Chair Jerome Powell emphasized the Fed’s independence during remarks in Chicago, receiving applause from the audience. He noted: * The Fed’s independence is protected under the law * It enjoys strong bipartisan support * The institution will not be influenced by political pressure He also

US officials plan to use trade negotiations with more than 70 nations to ask them to disallow China to ship goods through their countries and prevent Chinese firms from being located in their territories to avoid US tariffs

The Trump administration is planning to leverage ongoing tariff negotiations to push U.S. trading partners to scale back their economic ties with China, according to individuals familiar with the discussions. The strategy involves securing commitments from partner nations to isolate China’s economy in return for easing some of

Wells Fargo, WFC, says home sales aren’t far off from levels seen in the wake of the Great Recession

In January, total home sales reached 4.7 million—just slightly higher than the sluggish pace seen during the aftermath of the Great Recession from 2008 to 2010, according to a recent research note from Wells Fargo economists. That figure, which includes both new and existing home sales, remains well

White House says 245% Chinese tariff is false

White House says 245% Chinese tariff is false. It says: China faces: — 125% reciprocal tariff — 20% tariff to address fentanyl crisis — Section 301 tariffs on specific goods, between 7.5% and 100% At a press briefing on Wednesday, Chinese Foreign Ministry spokesperson Lin Jian addressed a question about the White

U.S. households are more invested in stocks than ever and it's distorting market valuation, says JPMorgan

American households have been investing heavily in stocks, but these record-high levels of exposure may signal caution for the broader market. In a note released Wednesday, analysts at Ned Davis Research pointed out that multiple indicators suggest investor sentiment toward equities is approaching or already at long-term highs that have