Unusual Whales

President Biden is reportedly providing banned cluster munitions to Ukraine, despite the Cluster Munitions Treaty signed by over 100 countries

Per Excellent reporting of NYT President Biden and his team have been grappling with a challenging dilemma concerning the conflict in Ukraine for over six months. They have been deliberating whether to allow Ukrainian forces to deplete their desperately needed artillery ammunition in their fight against Russia or to provide

BlackRock, $BLK, CEO Larry Fink has said that bitcoin is an "international asset."

Larry Fink, CEO of BlackRock, has said that I do believe the role of crypto is...it is digitizing gold in many ways."......."Let's be clear: bitcoin is an international asset" For reference, BlackRock has filed for a bitcoin ETF. BlackRock is making a move

US 2 year/10 year yield curve are currently at their deepest inversion in 42 years

On Monday, a significant part of the U.S. Treasury yield curve experienced its most pronounced inversion since the time of high inflation under Fed Chairman Paul Volcker. This inversion reflects concerns in the financial markets that the prolonged cycle of interest rate hikes by the Federal Reserve will push

Kyiv says the Russians have placed explosives today on top of reactors three and four of Zaporizhzhia nuclear plant, whereas Russia Telegram channels report an imminent “Ukrainian attack"

Volodymyr Zelenskyy has alerted Emmanuel Macron to the presence of "dangerous Russian provocations" at the Zaporizhzhia nuclear power plant. The Ukrainian president took to Twitter to inform his French counterpart that occupation troops are preparing such provocations at the mentioned facility. Zelenskyy emphasized the need for maximum control

Secret Service investigating suspected cocaine found in White House

A substance discovered in the White House complex caused a temporary shutdown of the facility on Sunday evening. According to two law enforcement officials and a recording of a radio dispatch, the substance tested positive for cocaine soon after its discovery. It was found in a common area of the

BREAKING: A judge has limited the Biden administration from contacting social media sites regarding misinformation

On Tuesday, a federal court in Louisiana issued a ruling that restricts parts of the Biden administration from engaging with social media platforms regarding a wide range of online content. This decision has the potential to hinder efforts to combat false and misleading narratives related to the coronavirus pandemic and

Airbnb's bubble collapse

According to a real-estate expert, declining revenues per listing on Airbnb, the popular platform that allows property owners to rent out their spaces to travelers, could potentially lead to a housing market crash in certain cities, comparable to the subprime crisis of 2008. However, there are some doubts about the

Big US banks would lose $541 billion in doomsday scenario, predicts the Fed

According to the Federal Reserve's annual stress tests, the largest banks in the United States would suffer a combined loss of $541 billion in an extreme economic scenario. However, the tests concluded that these banks still possess sufficient capital to absorb such losses, reinforcing assertions made by Wall

Goldman Sachs, $GS, is considering exiting its partnership with Apple, $AAPL, and is in talks to offload those businesses and its credit-card partnership to Amex.

According to The Wall Street Journal, Goldman Sachs is considering ending its partnership with Apple as part of its strategy to withdraw from the consumer-lending business. The bank is currently engaged in talks with American Express regarding the potential takeover of the Apple credit card and related initiatives. Goldman Sachs

National Geographic has cut all its staff writers, and will end monthly newsstand sales

Starting next year, the iconic yellow-bordered cover of the monthly National Geographic magazine will no longer be available for purchase on newsstands, as the company shifts its focus to its digital product. Special editions will still be offered in physical stores, while subscribers will continue to receive a printed copy

Universal basic income of nearly $2,000 a month to be trialed in England for the first time

Autonomy, an independent think tank, is planning a trial in the UK where approximately thirty individuals may receive a monthly sum of £1,600 ($1,983). The success of this endeavor relies on securing adequate funding. The estimated cost for the basic income payments over the two-year duration of the

The Supreme Court has agreed to consider the legality of the SEC’s use of in-house tribunals, setting up a decision next term that could alter how U.S. securities laws are enforced

The U.S. Supreme Court has agreed to hear a case that involves President Joe Biden's administration defending specific Securities and Exchange Commission (SEC) in-house enforcement proceedings. This case has the potential to significantly undermine the authority of federal agencies. The administration is appealing a lower court'

UK inflation is running so high that the government is considering blocking pay rises for millions of public workers amid concern they could push prices higher

According to the Times, the UK government is considering blocking pay increases for millions of public workers due to concerns that such raises could contribute to higher prices, given the high level of inflation in the country. Prime Minister Rishi Sunak is reportedly willing to disregard the recommendations of independent

The World Health Organization is preparing to release reports on the safety of aspartame, the artificial sweetener in Coke

Two upcoming reports by the World Health Organization (WHO) will address the safety of aspartame, an artificial sweetener commonly found in beverages like Diet Coke and Diet Pepsi. The WHO's International Agency for Research on Cancer will evaluate the potential carcinogenic effects of aspartame, while the Joint FAO/

US President Biden has just said that the West 'had nothing to do' with Russia's Wagner revolt

On Monday, President Biden affirmed that the United States and its allies had clearly conveyed to Moscow that they had no involvement in the recent uprising orchestrated by the Wagner mercenary group in Russia. He described the incident as "part of a struggle within the Russian system." Yevgeny

Sales of Bud Light, $BUD suffered their steepest weekly drop yet, with sales of the Anheuser-Busch brand falling 28.5% versus a year ago

The latest data reveals that Bud Light, following its ill-fated collaboration with transgender social media influencer Dylan Mulvaney, encountered its most significant weekly decline in sales to date. In the week ending June 17, sales of the Anheuser-Busch beer brand plummeted by a staggering 28.5% compared to the same

Biden has announced that the US will spend $42 billion to make internet accessible to all Americans by 2030,

President Joe Biden announced on Monday the allocation of $42.5 billion from the bipartisan infrastructure law, which he supported, to expand access to high-speed internet throughout the United States. The funding will be distributed to all 50 states, Washington, D.C., and U.S. territories, with the goal of

Owner of missing Titanic sub says crew has died

According to CNN, the company OceanGate has stated that the crew members aboard the submersible involved in a tourist expedition to the Titanic's wreckage have tragically perished. The company expressed deep sorrow for the loss of life. "We grieve the loss of life," CNN reported OceanGate

JPMorgan will pay a $4 million fine to settle US SEC allegations that the bank mistakenly deleted millions of electronic records

JPMorgan Chase & Co. has agreed to pay a fine of $4 million in order to resolve allegations made by the Securities and Exchange Commission (SEC) regarding the inadvertent deletion of numerous electronic records. These deletions rendered crucial communications inaccessible to regulators in twelve ongoing investigations. According to the SEC,

Mark Zuckerberg of $META says he is ready to fight Elon Musk of $TSLA in a cage match

According to social media posts by Elon Musk and Mark Zuckerberg, it appears that the two billionaires might engage in a physical confrontation in the near future. Although it may sound like a joke, both individuals seem to be serious about it. The sequence of events began on Tuesday when

5 of 13 charges against Sam Bankman-Fried in relation to the financial fraud of FTX have been withdrawn by the Assistant US Attorneys for the DOJ

Late on Wednesday, federal prosecutors involved in the investigation of the collapsed FTX cryptocurrency exchange announced their decision to withdraw several charges against Sam Bankman-Fried, the company's founder. In a court filing, the prosecutors stated that they would proceed to trial in October but would no longer pursue

Student loan payments will restart in October, Education Department has said

After repeatedly extending the pause on student loan payments for three years, the U.S. Department of Education has confirmed that payments will indeed resume in October, and changing this plan will be challenging due to a recent law passed by Congress. As the pandemic-era policy comes to an end,

Fed's Powell has said: crypto appears to have staying power as an asset class.

Following Federal Reserve Chair Jerome Powell's positive remarks about the longevity of cryptocurrencies as an asset class and the increasing interest of Wall Street institutions in adopting the technology, the cryptocurrency market is experiencing a significant rally. Bitcoin has surged by 8% and surpassed the $30,000 threshold

The bill to claw back bank executives compensation if their bank collapsed, for example in the case of Silicon Valley Bank where numerous executives made millions, has advanced out of a Senate committee

There seems to be momentum behind a bill in the Senate that aims to recover executive pay in the event of bank failures, particularly following the collapse of Silicon Valley Bank and its impact on the tech industry and financial institutions. The bipartisan proposal, known as the Recovering Executive Compensation

Supreme Court Justice Samuel Alito took a trip on a private plane from a hedge-fund magnate that would’ve cost $100,000 had he done so himself, with the fund having matters infront of the court

Justice Samuel A. Alito Jr. has taken the unusual step of addressing questions regarding his travel with a billionaire who frequently appears before the Supreme Court. He responded before an article detailing their connections was even published. In an extraordinary move, Justice Alito defended himself preemptively in an op-ed in