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unusual_whales

"We're not at war with Canada," Paul said. "They're an ally that buys more of our stuff than almost any other country in the world."

Read more: t.co/eQQHFJrg2N

Unusual Whales - News · The US Senate has passed a bill 51-48 to repeal Trump’s tariffs on Canadian imports, with a few Republican Senators voting against TrumpJust hours after President Donald Trump unveiled sweeping new tariffs on nearly all imports into the U.S., a bipartisan group of senators made the first move to challenge what many view as one of the most misguided elements of his global trade war. In a 51–48 vote, the Senate passed a resolution to overturn Trump’s tariffs on Canadian imports—tariffs that had been enacted under the pretext of an economic emergency declared by the president in early February. The resolution, co-sponsored by Sena
#news#finance#economics
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unusual_whales

Total US Tariff rate on Chinese goods will rise to 54%

Read more: t.co/GOBS1b4ANz

Unusual Whales - News · Trump's Secretary of the US Treasury was just asked about the market sell off due to tariffs, Bessent said: "The sell off is a Mag7 problem not a MAGA problem"Trump Unveils Broad Tariff Plan, Escalating Global Trade Tensions President Donald Trump on Wednesday announced a sweeping new tariff policy that will impose a baseline 10% duty on most imports into the United States, with significantly higher rates targeting dozens of countries. The move marks a major escalation in the global trade war and threatens to drive up inflation and dampen both U.S. and global economic growth. The announcement triggered swift backlash from longstanding U.S. allies, m
#news#finance#economics
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unusual_whales

The European Union will face a 20% tariff, while Japan is hit with a 24% rate. The 10% baseline tariffs are set to take effect April 5.

Read more: t.co/hB1r6Z0ag2

Unusual Whales - News · Total US Tariff rate on Chinese goods will rise to 54%Trump Unveils Broad Tariff Plan, Escalating Global Trade Tensions President Donald Trump on Wednesday announced a sweeping new tariff policy that will impose a baseline 10% duty on most imports into the United States, with significantly higher rates targeting dozens of countries. The move marks a major escalation in the global trade war and threatens to drive up inflation and dampen both U.S. and global economic growth. The announcement triggered swift backlash from longstanding U.S. allies, m
#news#finance#economics
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unusual_whales

Meanwhile, 81% of millennials have said they can’t afford to have a midlife crisis

Read more: t.co/zZFY3LgvTj

Unusual Whales - News · 81% of millennials have said they can’t afford to have a midlife crisisMillennials—those born between 1981 and 1996—earn 20% less than baby boomers did at the same age, according to Farmani. On top of that, they face the burden of student loan debt, a tough job market, and rising housing costs—all of which make it harder to achieve financial stability. As a result, many millennials are postponing traditional milestones like buying homes and having children. High housing prices and inflation also limit their ability to spend freely on a typical midlife crisis. Stil
#news#finance#economics
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unusual_whales

62% of Americans could come up with $2,000 in case of an emergency, the lowest since records were collected.

Read more: t.co/XaI3NGs5YL

Unusual Whales - News · 62% of Americans could come up with $2,000 in case of an emergency, the lowest since records were collectedA majority of Americans are feeling behind when it comes to emergency savings, according to Bankrate’s latest Emergency Savings survey. Nearly two-thirds (62%) say they’re not where they’d like to be, while only 1 in 5 (20%) report having more saved now than they did at the beginning of 2024. The survey, conducted in September and based on responses from around 2,500 U.S. adults, found that inflation and rising expenses remain key obstacles to building emergency savings. “Expenses — and the fa
#news#finance#economics
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unusual_whales

Several branches of China’s top economic planning agency, the National Development and Reform Commission, have been instructed in recent weeks to hold off on registration and approval for firms that are looking to invest in the US.

Read: t.co/Z5F8Jxlg7O

Unusual Whales - News · China restricts some companies from investing in the USChina has moved to restrict domestic companies from making new investments in the United States, according to people familiar with the matter—a decision seen by some as a strategic move to gain leverage in future trade negotiations with the Trump administration. Multiple regional offices of the National Development and Reform Commission (NDRC), China’s top economic planning body, have been instructed in recent weeks to delay or suspend the registration and approval process for firms aiming to i
#news#finance#economics
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unusual_whales

Alex Spiro, an attorney for Adams, said on Wednesday, “The case against Eric Adams should have never been brought in the first place."

Read more: t.co/ZTM07YoNoR

Unusual Whales - News · NYC Mayor Eric Adams' corruption case has been dismissed, and cannot be brought againFederal charges against New York City Mayor Eric Adams were dismissed earlier this year, but controversy surrounding the decision continues to stir debate. In February, the Department of Justice moved to dismiss the case, arguing that prosecuting Adams would interfere with his ability to govern the city and, in doing so, threaten “federal immigration initiatives and policies.” The DOJ requested that the case be “dismissed without prejudice,” meaning it could potentially be refiled in the future
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unusual_whales

TikTok is available for American users under a temporary reprieve from a 2024 law that bans the short-video app unless the China-based ByteDance divests ownership.

Read more: t.co/jxmsU0vlQj

Unusual Whales - News · Amazon, AMZN, in bid to buy TikTok in USTikTok remains accessible to U.S. users under a temporary extension granted by a 2024 law that prohibits the short-video platform unless its parent company, China-based ByteDance, relinquishes ownership. On his first day in office, January 20, President Trump delayed enforcement of the ban for 75 days, allowing TikTok to resume service for its more than 170 million American users following a brief shutdown. Oracle (ORCL) is widely viewed by Wall Street analysts as the frontrunner to acquire Tik
#news#finance#economics
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unusual_whales

OpenAI has closed a new capital raise of $40 billion dollars, at a $300 billion valuation

Read more: t.co/2PFrbJQxp0

Unusual Whales - News · OpenAI has closed a new capital raise of $40 billion dollars, at a $300 billion valuationOpenAI announced on Monday that it plans to raise $40 billion in a new funding round led by SoftBank Group (9984.T), valuing the company at $300 billion. The capital will be used to advance AI research, expand computing infrastructure, and improve its tools and services. According to a source familiar with the matter, SoftBank is expected to contribute 75% of the funding, with the remaining investment coming from Microsoft (MSFT.O), Coatue Management, Altimeter Capital, and Thrive Capital. Ope
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Ford is currently the chair of Canada’s Council of the Federation of premiers and has participated in bilateral discussions with U.S. officials in the past.

Read more: t.co/rMOK9W60jD

Unusual Whales - News · Canada willing to remove tariffs if US doesOntario Premier Doug Ford says he believes Canada would be willing to lift its tariffs on American goods if President Donald Trump ends his trade war. Ford made the remarks during an interview with CNBC’s Ross Sorkin on Wednesday morning, after Sorkin brought up Canada’s $60 billion in retaliatory tariffs on U.S. imports. As chair of Canada’s Council of the Federation, Ford has previously participated in bilateral talks with U.S. officials. However, decisions regarding tariffs ultimately fall
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