Unusual Whales

Powell: Tariffs tend to bring growth down and inflation up

The Federal Reserve chose to adopt a cautious stance on the uncertain U.S. economy Wednesday, deciding to leave interest rates unchanged following its March meeting. As a result, the federal funds rate remains at a range of 4.25% to 4.5%, where it has stayed since December. This

The Federal Reserve has held rates, no rate hike

The Federal Reserve chose to adopt a cautious stance on the uncertain U.S. economy Wednesday, deciding to leave interest rates unchanged following its March meeting. As a result, the federal funds rate remains at a range of 4.25% to 4.5%, where it has stayed since December. This

Walmart, WMT, CEO has said that some Americans are running out of money before the end of the month and turning to smaller pack sizes for consumer goods

Walmart CEO Doug McMillon warned that American consumers are under increasing financial strain as food prices remain stubbornly high. Speaking to roughly 1,000 executives at the Economic Club of Chicago on Thursday, McMillon noted that some shoppers are running out of money before the end of the month and

Ray Dalio has said that a severe U.S. supply-demand problem could lead to 'shocking developments'

Billionaire investor Ray Dalio emphasized the urgent need to reduce the U.S. deficit from its projected 7.2% of GDP to around 3%—a significant shift that would require major fiscal adjustments. “That’s a big deal. You are going to see shocking developments in terms of how that’

Hedge funds are paying up to $1 million for weather modelers

Millennium Management’s Goldstein and other specialists skilled in modeling weather patterns amid increasing climate volatility have become some of the most sought-after hires for hedge funds and trading firms. Unlike traditional hedge fund employees—such as traders who often expect to earn $1 million by their mid-30s—many weather

Schools in Beijing will introduce artificial intelligence courses to primary and secondary students to strengthen China’s goal to dominate the sector

Beijing's schools will soon introduce artificial intelligence (AI) courses to primary and secondary students, aligning with China's ambition to lead in the AI sector, according to Bloomberg. Starting in the upcoming fall semester on September 1, schools in the capital will offer a minimum of eight

SEC says it will drop its appeal against Ripple

Ripple's lengthy legal battle with the U.S. Securities and Exchange Commission (SEC) has officially ended, according to CEO Brad Garlinghouse. Garlinghouse announced the SEC's decision to drop its appeal on X, describing it as a "resounding victory" for Ripple and the broader cryptocurrency

Putin wants Trump to formally recognise all land Russia has taken in Ukraine

Russian President Vladimir Putin reportedly wants U.S. President Donald Trump to formally acknowledge Russia's claim over four Ukrainian regions — Luhansk, Donetsk, Zaporizhzhia, and Kherson — in addition to Crimea, which Russia annexed in 2014. This information was reported by Russia's Kommersant daily, citing anonymous sources who

Tim Walz says he looks at the Tesla, TSLA, stock "dropping" to give himself a "boost"

Walz visited Wisconsin for a campaign event in support of Wisconsin Supreme Court candidate Susan Crawford. The event took place in Eau Claire, within Rep. Derrick Van Orden's (R-WI) district. The outcome of this election will determine whether the state's highest court has a liberal or

X’s valuation is back to $44 billion

After experiencing a significant drop in value, X is now valued at $44 billion — the same amount Elon Musk paid for the platform, previously known as Twitter, in 2022. This valuation, reported by the Financial Times on Tuesday, is based on a recent transaction in which investors sold their shares

Tooth fairy payouts drop to lowest rate in years

For the second consecutive year, a Delta Dental annual survey revealed that the tooth fairy is leaving less money for lost teeth compared to the previous year. According to the survey, which included 1,000 parents of children aged 6 to 12, the average payout for a lost tooth fell

SpaceX and astronauts

After a planned week-long trip to the International Space Station turned into a nine-month mission, two NASA astronauts have finally returned to Earth. On Tuesday at 5:57 p.m. ET, a SpaceX Crew Dragon capsule splashed down off the coast of Tallahassee, Florida, carrying Suni Williams and Barry (Butch)

A U.S. District Judge has ruled that Elon Musk’s DOGE must reinstate nearly all of USAID, stating that its shutdown “violated multiple provisions of the United States Constitution"

On Tuesday, a federal judge ruled that Elon Musk and the so-called "Department of Government Efficiency" (Doge) likely violated the U.S. Constitution when they shut down USAID, ordering the Trump administration to reverse some of its actions to dismantle the agency. U.S. District Judge Theodore Chuang&

The Trump administration unveiled plans to build housing on federal land, a move it said could help address a shortfall of 7 million affordable homes in the US

Department of Housing and Urban Development Secretary Scott Turner and Department of the Interior Secretary Doug Burgum announced on Monday plans to identify federal lands where affordable housing could be built. Turner and Burgum will launch the Joint Task Force on Federal Land for Housing to find underutilized lands for

BYD's new battery and charging system can provide nearly 300 miles of driving range in 5 minutes

Chinese auto manufacturer BYD says it has developed technology that speeds up electric vehicle battery charging to as little as five minutes at 1,000 kilowatts, providing enough energy for nearly 250 miles of driving. The potential battery breakthrough was announced on a livestream by the company's CEO

The bond market is pricing in a recession as investors protect their portfolio

Persistent concerns about a potential "Trumpcession" are driving stocks down, with investors increasingly turning to the bond market in anticipation that the Federal Reserve may be compelled to cut interest rates soon. When investors buy bonds, their prices rise, causing yields to fall. On Monday afternoon, the yield

BlackRock CEO, BLK, Larry Fink is worried that America is about to run out of electricians

BlackRock CEO Larry Fink is increasingly concerned about the U.S. economy's future, particularly regarding inflation and potential workforce shortages caused by mass deportations. His concerns were significant enough that he raised them directly with the White House. "I've even told members of the Trump

Worst of US equity correction is likely over, JPMorgan, JPM, has said

Stock volatility and credit spreads typically move together, but this year they've started to diverge as the S&P 500 declines amid fears that President Donald Trump's policies could hinder economic growth. According to a note from strategists Nikolaos Panigirtzoglou and Mika Inkinen, the S&

The U.S. Department of Energy estimates data centers could consume up to 12% of total U.S. electricity by 2028

U.S. data-center power demand could nearly triple over the next three years, potentially consuming up to 12% of the country's electricity, as the industry undergoes a significant transformation driven by artificial intelligence. This projection comes from a Department of Energy-backed study by the Lawrence Berkeley National Laboratory,

Teslas set on fire in Las Vegas

he Las Vegas Metropolitan Police Department is investigating a suspected arson attack after multiple vehicles were set on fire at a Tesla service center. According to authorities, the incident occurred around 2:45 a.m. local time on Tuesday at the Tesla Collision Center on West Badura Avenue in Las

Social Security Administration to cut its phone support

An internal memo from the Social Security Administration suggests changes to its phone service that could disrupt the benefits application process for many Americans. Why it matters: The Trump administration has repeatedly stated that it does not intend to make major changes to Social Security, aside from addressing fraud and

White House has said it will not return the Statue of Liberty to France

French Lawmaker Calls for the Statue of Liberty’s Return to France Nearly 150 years after France gifted the Statue of Liberty to the United States, French lawmaker Raphaël Glucksmann is suggesting it’s time for Lady Liberty to come home. The center-left member of the European Parliament argues that

Trump says will release JFK files

See them here: JFK Assassination Records - 2025 Documents ReleaseMarch 18, 2025 Release In accordance with President Donald Trump’s directive of March 17, 2025, all records previously withheld for classification that are part of the President John F. Kennedy Assassination Records Collection are released. The National Archives has partnered

Donald Trump says that the presidential pardons Joe Biden gave in his final days are "VOID, VACANT, AND OF NO FURTHER FORCE OR EFFECT", because they were done by "Autopen"

Former President Donald Trump asserted early Monday, without providing evidence, that pardons issued by his successor for members of the House select committee that investigated the Jan. 6, 2021, Capitol attacks are invalid because President Joe Biden allegedly used an autopen instead of a "real pen." On his

Harvard University has announced that tuition will be free for students from families with annual incomes of $200,000 or less starting in the 2025-26 academic year

Per NBC: Harvard announced on Monday that undergraduate tuition will be free for students of families who make annual incomes of $200,000 or less in a move to make the prestigious institution "affordable to more students than ever." The university will also make schooling completely free for