Unusual Whales

Amazon, AMZN, is reportedly planning to eliminate approximately 14,000 managerial positions within its organization between the first and second quarters of 2025

Per CNBC: Amazon CEO Andy Jassy’s note sent this fall to employees about corporate culture drew headlines for his five-day-in-the-office mandate. But Jassy’s messaging on an increased ratio of individual contributors to managers raises a much bigger question about organizational structure: What is the right balance between individual

Costco, $COST, workers now officially make $31 an hour—and can expect raises for the next two years

Costco's new employee agreement went into effect this week, raising its minimum wage to $20 per hour and pushing the average wage to over $31 an hour across the U.S. and Canada. CEO Ron Vachris emphasized the company's commitment to offering top-tier pay and benefits,

Egg prices in the US have fallen for third consecutive week

After months of soaring egg prices nationwide, there may finally be some relief in sight. The U.S. Department of Agriculture (USDA) reported Friday that the national average wholesale price of eggs has been steadily falling since late February. In simpler terms, the cost distributors charge retailers for eggs has

Record number of Americans have applied for UK citizenship

A record number of Americans applied for British citizenship last year, with a significant surge in the final quarter of 2024 — a period that coincided with the re-election of U.S. President Donald Trump. According to data from the UK's Home Office, more than 6,100 U.S.

The winner of EA’s, EA, ‘Madden’ videogame tournament will get more prize money than the NFL’s Super Bowl champions

Jacob "Fancy" Worthington, a 25-year-old professional video gamer, earned $250,000 after winning this year's Madden Bowl, an annual tournament for the popular NFL video game series by EA Sports. That prize is nearly $80,000 more than what each player on this year's

Treasury Secretary Bessent says White House is heading off a 'guaranteed' financial crisis

Treasury Secretary Bessent: "No Guarantees" Against a Recession Treasury Secretary Scott Bessent emphasized that there are "no guarantees" when it comes to avoiding a recession, during an interview on NBC's "Meet the Press" on Sunday. NBC's Kristen Welker directly asked

China will take steps to revive consumption by boosting people’s incomes

China to Boost Incomes and Stimulate Consumption Amid Economic Challenges China plans to revive consumer spending by raising incomes, stabilizing financial markets, and offering incentives to increase the birth rate, according to a report from the official Xinhua News Agency on Sunday. The measures, outlined in a State Council statement,

China says it will stabilize the stock and real estate markets, and offering incentives to raise the country’s birth rate

China to Boost Incomes and Stimulate Consumption Amid Economic Challenges China plans to revive consumer spending by raising incomes, stabilizing financial markets, and offering incentives to increase the birth rate, according to a report from the official Xinhua News Agency on Sunday. The measures, outlined in a State Council statement,

Warren Buffett's Berkshire may sell its real estate brokerage business

Warren Buffett Eyes Exit from Real Estate—A Warning Sign for the Market? Warren Buffett, the legendary investor and chairman of Berkshire Hathaway, is making waves in the real estate sector. Reports indicate he is considering selling HomeServices of America, one of the largest real estate brokerage firms in the

French MEP Raphaël Glucksmann has called for the United States to return the Statue of Liberty

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

The US government will no longer require shell companies to disclose their owners and beneficiaries

Treasury Halts Enforcement of Biden-Era Small Business Rule on Ownership Transparency The U.S. Treasury Department announced it will no longer enforce a Biden-era regulation requiring small businesses to register their owners in a federal database aimed at curbing money laundering and shell company formations. In a Sunday evening statement,

Russia, China and Iran do military exercises together

Iran, Russia, and China Conduct Joint Naval Drills in Gulf of Oman Iran, Russia, and China have launched their fifth consecutive year of joint naval exercises in the Gulf of Oman, reinforcing their military cooperation in the region. China’s CGTN reported that the "Marine Security Belt 2025"

Elon Musk: With great difficulty... I'm here to make government more efficiency

Elon Musk Admits Struggles Balancing Businesses, Trump Administration Role Elon Musk acknowledged he is having “great difficulty” managing his various businesses while serving as a key adviser in the Trump administration and leading efforts to reform the federal workforce under the Department of Government Efficiency (DOGE)—all as Tesla’s

Trump says he ordered the US military to launch decisive and powerful action against the “Houthi terrorists” in Yemen

Trump Orders Strikes on Houthi Targets in Yemen, Warns of More to Come U.S. President Donald Trump has launched a series of military strikes on Houthi targets in Yemen, marking the most significant military action of his second term so far. According to Yemen’s Houthi-run Health Ministry, the

Portugal ruled out replacing its U.S.-made F-16 fighter jets with more modern F-35s because of Donald Trump

Portugal Hesitates on F-35 Fighter Jet Purchase Due to Trump’s Policies Portugal is reconsidering its plans to replace its aging U.S.-made F-16 fighter jets with modern F-35s, citing concerns over the geopolitical uncertainty under Donald Trump. This hesitation marks one of the first instances where the U.

More sellers have taken their homes off the market, with home delistings spiking 64% from a year ago to 73,000

Spring Homebuying Season Kicks Off With Price Cuts and Market Shifts The spring homebuying season is officially here, and there's promising news for buyers: home prices are dropping as properties linger on the market and mortgage rates remain high. In February, nearly 17% of homes had price reductions,

79% of employees are disengaged at work

The Modern Workplace Faces a Productivity Crisis as Employee Engagement Plummets The workplace is in the midst of a productivity crisis, with 79% of employees feeling disengaged in their current roles, according to a new study of over 1,100 U.S. workers conducted by MyPerfectResume, a CV platform. Why

Trump has reportedly rejected pleas from business for more clarity on tariffs

Trump Shrugs Off Business Leaders’ Calls for Clarity on Tariffs President Donald Trump is dismissing calls from CEOs, investors, and policymakers who are pleading with the White House for clearer guidance on his sweeping tariff policies. “They always say that. ‘We want clarity,’” Trump said in a Fox News interview

Trump says our economy will BOOM

Wall Street Reacts to Trump's Tariff Turmoil as CEOs Walk Diplomatic Tightrope Wall Street is in turmoil as panic-selling sweeps the market in response to President Trump’s erratic new tariffs. Reports indicate that business executives are making frantic calls to the White House, and on Tuesday, the

Justin Trudeau has formally stepped down as Prime Minister of Canada

Mark Carney Sworn in as Canada’s Prime Minister, Faces US Trade Tensions Mark Carney has officially taken office as Canada’s prime minister, succeeding Justin Trudeau, as the country navigates rising sovereignty tensions with US President Donald Trump and an escalating trade war with its largest trading partner, the

Trump: egg prices are down, oil down, interest rates are down

President Donald Trump has been imposing and withdrawing steep tariffs on key U.S. trading partners, causing uncertainty in the stock market. Meanwhile, the Wall Street Journal’s editorial board has doubled down on its criticism, calling his trade war with Canada the “dumbest in history.” The paper’s editor-in-chief

The US accused Japan of imposing a 700% tariff on American rice

The Trump administration has criticized Japan’s high rice tariffs, signaling that Tokyo may soon face reciprocal tariffs as part of the U.S. trade policy shift in the coming weeks. During a press conference, White House Press Secretary Karoline Leavitt pointed to Japan’s 700% rice tariffs, using a

Trump to invoke wartime Alien Enemies Act of 1798 to carry out deportations

President Donald Trump is reportedly planning to invoke the Alien Enemies Act of 1798 in order to expedite mass deportations of illegal immigrants. This law, which allows the president to detain or deport individuals from nations considered enemies, was a central part of Trump’s campaign promises. Trump intends to

Trump's first month in office showed federal spending of $603 billion in February — $36 billion higher than last February,

US Budget Deficit Hits Record $1.147 Trillion in First Five Months of Fiscal 2025 The U.S. budget deficit for the first five months of fiscal 2025 surged to a record $1.147 trillion, according to data released by the Treasury Department on Wednesday. This includes a $307 billion

US Postal Service: We plan to reduce workforce by 10,000 employees in next 30 days through a voluntary early retirement program

USPS Signs Deal with DOGE to Cut Costs, Reduce Workforce The United States Postal Service (USPS) has announced a new partnership with the Department of Government Efficiency (DOGE) aimed at reducing costs and streamlining operations. In a letter to congressional leaders, Postmaster General Louis DeJoy revealed that he has signed