Unusual Whales

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
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5 of 13 charges against Sam Bankman-Fried in relation to the financial fraud of FTX have been withdrawn by the Assistant US Attorneys for the DOJ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
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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
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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
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BREAKING: Trump charges include conspiracy to obstruct justice, per ABC. He will reportedly be arrested, booked and appear before a judge when he goes to the courthouse on Tuesday

Former US President Donald Trump, aged 76, has been charged with mishandling classified documents following his departure from the White House. The media reports that Mr. Trump faces seven charges, including unauthorized retention of classified files. However, the specific charges have not yet been disclosed to the public. This marks
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