Unusual Whales

Powell said this week: once we lower rates, mortgage rates will come down

Federal Reserve Chairman Jerome Powell carefully avoided addressing the potential economic impact of President Donald Trump’s policies on Tuesday, while reiterating that the central bank is not rushing to reduce interest rates. When questioned about the possible effects of Trump’s import tariffs on the economy or inflation, Powell

Trump's administration has identified 15,000 IRS employees to potentially fire next week

The Trump administration expanded its efforts to terminate thousands of probationary federal employees on Thursday, directing agencies to proceed with layoffs during a conference call. Targeting probationary workers—those employed for less than a year, or up to two years in some cases—has become a key strategy, as these

Trump: The reason Canada doesn’t pay that much for military is they assume we’ll protect them

Trump Reaffirms Interest in Canada Becoming the 51st State President Donald Trump reiterated his seriousness about Canada joining the United States as its 51st state during an interview aired Sunday as part of the Super Bowl pre-show. “Yeah, it is,” Trump told Fox News Channel’s Bret Baier when

Elon Musk and SpaceX possible conflicts

Elon Musk Left to Self-Regulate Conflicts of Interest at DOGE It’s up to Elon Musk, the world’s richest man, to decide when to step aside if his work at the Department of Government Efficiency (DOGE) conflicts with his private business interests. Musk, the Tesla CEO and SpaceX

Trump with noon Gaza deadline

Netanyahu to Convene Security Cabinet as Trump's Hostage Release Deadline Passes Israeli Prime Minister Benjamin Netanyahu is set to convene his political-security cabinet "as soon as possible" to determine Israel’s next course of action, following the expiration of President Donald Trump’s noon deadline

Trump on DOGE: “We literally started off with 14 or 15 young geniuses"

Watchdog to Investigate Treasury Payment System Access Amid Legal Scrutiny of Musk’s Government Role A federal watchdog is launching an investigation into security measures surrounding the U.S. Treasury’s payments system, as a federal judge weighs whether Elon Musk’s Department of Government Efficiency (DOGE) gaining access to

Home prices are rising in every major metro for the first time since 2022

Home Prices Rise Across All Major U.S. Metro Areas for the First Time Since 2022 Home prices increased year over year in all 50 of the largest U.S. metropolitan areas in December, marking the first time this has happened since May 2022, according to a new report from

Bill Gates of Microsoft, MSFT, has said he was ‘foolish’ to spend time with Jeffrey Epstein

Bill Gates isn’t holding back when it comes to his biggest regrets, openly admitting that his ties to Jeffrey Epstein were a “huge mistake.” This revelation follows another significant regret—the Microsoft co-founder’s 2021 divorce from Melinda Gates, which led to a billion-dollar settlement after 27

President Donald Trump has signed an executive order creating the Make America Healthy Again Commission

"Make America Healthy Again" is quickly becoming a key slogan for the next four years. This week, President Donald Trump signed an executive order establishing the Make America Healthy Again (MAHA) Commission, which will be led by newly confirmed Health and Human Services Secretary Robert F. Kennedy Jr.

PMorgan Chase, $JPM, has begun layoffs, and plans to announce additional cuts in mid-March, May, June, August, and September

JPMorgan Chase (JPM) has begun its 2025 workforce realignment by laying off nearly 1,000 employees this month. A spokesperson for the bank described the move as part of routine business management, emphasizing that it will not impact the company’s total workforce of approximately 317,233 employees. The layoffs

Elon Musk has been sleeping on the floor of his government office across from the White House

Elon Musk appears to be taking his new role as head of the Department of Government Efficiency (DOGE) to heart—so much so that sources say he’s been sleeping at the office. Since being appointed to the position by his longtime ally and friend, President Donald Trump, Musk has

The US government has begun massive layoffs, with up to 200,000 probationary employees at risk of being terminated

The Trump administration expanded its efforts to terminate thousands of probationary federal employees on Thursday, directing agencies to proceed with layoffs during a conference call. Targeting probationary workers—those employed for less than a year, or up to two years in some cases—has become a key strategy, as these

Argentina has reportedly launched a memecoin

rgentine President Javier Milei posted about half an hour ago through his official X account announcing the launch of the Meme coin LIBRA and revealing the contract address. It is currently unclear whether his account has been compromised. According to GMGN data, LIBRA briefly surged above $7.8, currently trading

Trump has announced that the United States will tax foreign goods at the same rate other nations apply to American products, known as reciprocal tariffs

President Donald Trump on Thursday unveiled his plan to raise U.S. tariffs to match the tax rates that other countries impose on imports, setting the stage for potential trade conflicts with both allies and rivals. The goal, according to Trump, is to eliminate trade imbalances and promote “fairness” in

Trump administration begins mass layoffs across multiple federal agencies

The Trump administration took swift action Thursday to lay off thousands of government employees across at least six federal agencies, marking a more aggressive phase in its effort to reduce the federal workforce. Officials declined to disclose the total number of planned layoffs but admitted the cuts would far exceed

Trump has said: "Taiwan has took our Chip business away, and we want that back"

Two weeks after announcing plans to impose tariffs on foreign-made processors, President Donald Trump accused Taiwan on Friday of stealing the U.S. semiconductor industry. "Right now, everything is made in Taiwan, practically. Almost all of it—just a little bit in South Korea. But almost all of

Robert F Kennedy Jr has been confirmed as the United States Secretary of the Department of Health and Human Services

Robert F. Kennedy Jr., one of President Donald Trump’s most contentious cabinet picks, has officially been sworn in as the U.S. Secretary of Health and Human Services. Kennedy, a former presidential candidate, will now lead key health agencies with approximately 80,000 employees and manage a budget of

According to Zillow’s latest forecast, these will be the top 10 hottest housing markets in 2025

Orphe Divounguy, senior economist at Zillow, highlights that in Buffalo, a new mortgage requires 27% of the median household income, while in Indianapolis it’s 25%, compared to the national average of 34%. “It’s still significantly more affordable for renters to enter the home-buying market in these areas,

Hamas said it would not release all of the Israeli hostages on Saturday and called for three days of solidarity marches around the world

Hamas has declared its commitment to upholding the Gaza ceasefire agreement with Israel and pledged to continue releasing hostages as planned, raising hopes that a return to full-scale conflict might be avoided. Following negotiations in Cairo, the Palestinian militant group stated that Egyptian and Qatari mediators had assured them

Elon Musk said he would withdraw his $97.4 billion bid for the nonprofit that controls OpenAI if the board stopped its conversion to a for-profit company

Elon Musk says he will abandon his $97.4 billion offer to buy the nonprofit behind OpenAI if the ChatGPT maker drops its plan to convert into a for-profit company. “If OpenAI, Inc.’s Board is prepared to preserve the charity’s mission and stipulate to take the ‘for

The U.S. Department of State is poised to award Tesla, $TSLA, a $400 million contract for the supply of armored electric vehicles

Billionaire wealth skyrocketed in 2024 as the world’s richest individuals increasingly benefited from inheritance and well-placed connections, according to Oxfam’s latest annual inequality report. The combined wealth of the world’s billionaires rose from $13 trillion to $15 trillion in just one year, marking the second-largest

The richest 1% of people now own nearly 45% of all wealth, while 44% of humanity are living below the World Bank poverty line of $6.85 per day

Billionaire wealth skyrocketed in 2024 as the world’s richest individuals increasingly benefited from inheritance and well-placed connections, according to Oxfam’s latest annual inequality report. The combined wealth of the world’s billionaires rose from $13 trillion to $15 trillion in just one year, marking the second-largest

Elon Musk’s DOGE team will be arriving at NASA to review payments at the US space agency

NASA’s acting administrator, Janet Petro, said Wednesday that Elon Musk’s government efficiency panel would review the space agency’s spending and revealed that hundreds of employees had taken a government buyout offer. “We’re going to have DOGE come in. They’ll look—similar to what they’ve

Ford, $F, lost about $37,000 per EV sold in Q4 2024

Ford exceeded Q4 2024 expectations, posting $48.2 billion in revenue, up $2.2 billion compared to the same period last year. For the full year, Ford recorded $185 billion in revenue—its highest ever. Q4 2024 Results: * Revenue: $48.2 billion (vs. $43 billion expected) * Adjusted EPS: $0.39

Spain plans to cut workweek to improve work-life balance

In a move likely to stir debate over Mediterranean lifestyle stereotypes, Spain’s government has approved plans to shorten the workweek, reducing the cap on working hours from 40 to 37.5 starting next year, pending parliamentary approval. The initiative, framed as a victory for work-life balance, has already