Economy Desk

Covering markets, economic policy, inflation, and business news that shapes financial decisions.

South Korean stock market screens showing KOSPI decline as retail investors face margin calls and forced liquidations

‘I Couldn’t Breathe’: South Korea’s Retail Investors Pay the Price of Leverage

Over 1.2 million South Korean margin accounts hit call thresholds in July as the KOSPI's violent swings exposed a leveraged retail market. Some 360,000 accounts were liquidated; regulators banned new single-stock leveraged

July 20, 2026

by Economy Desk

Samsung Biologics BioCampus manufacturing facility in South Korea

Samsung Biologics to Buy PolyPeptide for $1.8B in South Korea’s Biggest Biotech Deal

Samsung Biologics made a $1.8 billion all-cash offer for Swiss peptide drug maker PolyPeptide, entering the GLP-1 manufacturing market in South Korea's largest biotech deal. PolyPeptide's board and majority shareholder both backed the offer.

July 20, 2026

by Economy Desk

Oil tankers in the Gulf as Brent crude crosses $90 amid US-Iran war escalation

Brent Crude Crosses $90 and US Gas Returns to $4 as US-Iran War Enters Ninth Night

Brent crude topped $90.32 on Monday as US forces completed a ninth night of Iran strikes,

IBM CEO Arvind Krishna at event in 2026 as IBM stock crashes 25 percent on worst day in company history

IBM’s 25% Crash Exposes What AI Hardware Spending Is Doing to Enterprise Software

IBM fell 25% on July 14 in the worst single-day collapse in 115 years, after CEO

Traders react as Dow Jones plunges over 700 points after Trump tariff announcement

Markets Ripped Lower: Trump’s Tariff Escalation Sends Wall Street Into Turmoil

Wall Street recoiled on Monday as sweeping new tariff measures from President Donald Trump sent tremors through global markets, reviving fears of a prolonged trade confrontation and deepening concerns about the trajectory

February 24, 2026

Business·News

Las Vegas hotel linked to Legionnaires’ disease lawsuit after tourist death

Fatal Legionnaires’ Disease Case in Las Vegas Spurs Lawsuit and Health Investigations

The estate of Gary Curtis Jones, an Alabama businessman who died after contracting Legionnaires’ disease following a work trip to Las Vegas, has filed a wrongful-death lawsuit against two off-Strip casino resorts,

February 21, 2026

News

US Capitol and cargo containers symbolizing 2025 US economic slowdown amid tariffs and shutdown

US Economic Strategy Falters in 2025: Tariffs, Shutdowns, and Structural Drag Cloud Future Growth

The United States entered 2026 confronting an uncomfortable reality: the world’s largest economy is no longer expanding with the confidence its policymakers promised. Official figures show that gross domestic product grew just

February 21, 2026

Economy·News

Open-source AI agent interface running locally on a laptop computer

OpenAI Strengthens AI Agent Strategy With Hire of OpenClaw Founder

OpenAI has hired Austrian developer Peter Steinberger, creator of the viral open-source AI agent project OpenClaw, in a move that underscores the intensifying race to build artificial intelligence systems capable of acting

February 16, 2026

Business·News

Jane Fraser CEO of Citigroup during investor presentation following $42mn pay increase

Wall Street’s Elite Rewarded as Citigroup Raises Jane Fraser’s Pay to $42mn Amid Job Cuts and Restructuring

Citigroup has raised chief executive Jane Fraser’s total compensation to a record $42 million for 2025, a move that places her firmly among the highest-paid banking bosses on Wall Street after a year

February 13, 2026

Business·News

US stock markets trade mixed as gold and silver prices hit record highs amid global uncertainty

US Markets End Mixed as Gold and Silver Surge Past Record Levels on Geopolitical and Policy Fears

US financial markets closed mixed on Monday as investors weighed modest gains in major stock indexes against a dramatic surge in precious metals, with gold and silver pushing to record highs amid

January 28, 2026

Business·News

UPS logistics hub as the company forecasts higher 2026 revenue while planning major job cuts

UPS Forecasts Higher 2026 Revenue, Plans Up to 30,000 Job Cuts

United Parcel Service said Tuesday it expects revenue in 2026 to exceed Wall Street forecasts, signaling confidence in a sweeping corporate overhaul even as the company prepares to eliminate as many as

January 28, 2026

Business·News

TikTok US joint venture highlights Western surveillance and data control concerns

TikTok Avoids US Ban, But Security Concerns Persist as American Investors Take Control

TikTok’s newly formed US joint venture has revised its privacy policy to allow the collection of precise location data from American users, a change disclosed days after the joint venture was finalized

January 24, 2026

Artificial Intelligence·Business·Government and Politics·News·Technology

Donald Trump and TikTok deal highlight Western control over digital platforms

How the TikTok Deal Exposes the West’s Hypocrisy on Free Speech and Cultural Power

When US officials began quietly negotiating the future of TikTok’s American operations, the stated goal was straightforward, protecting national security. But as the talks have progressed, the proposed restructuring of TikTok’s American

January 24, 2026

Business·News

Chinese electric vehicles at European port following EU-China EV trade deal

China and EU Strike Landmark EV Trade Deal, Shifting From Tariffs to Minimum Price Framework

In a development set to reshape global automotive markets, China and the European Union have reached a landmark agreement on electric vehicle (EV) pricing, replacing previously threatened punitive tariffs with a minimum

January 12, 2026

Business·Economy·News

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Economy Desk

‘I Couldn’t Breathe’: South Korea’s Retail Investors Pay the Price of Leverage

Samsung Biologics to Buy PolyPeptide for $1.8B in South Korea’s Biggest Biotech Deal

Brent Crude Crosses $90 and US Gas Returns to $4 as US-Iran War Enters Ninth Night

IBM’s 25% Crash Exposes What AI Hardware Spending Is Doing to Enterprise Software

Markets Ripped Lower: Trump’s Tariff Escalation Sends Wall Street Into Turmoil

Fatal Legionnaires’ Disease Case in Las Vegas Spurs Lawsuit and Health Investigations

US Economic Strategy Falters in 2025: Tariffs, Shutdowns, and Structural Drag Cloud Future Growth

OpenAI Strengthens AI Agent Strategy With Hire of OpenClaw Founder

Wall Street’s Elite Rewarded as Citigroup Raises Jane Fraser’s Pay to $42mn Amid Job Cuts and Restructuring

US Markets End Mixed as Gold and Silver Surge Past Record Levels on Geopolitical and Policy Fears

UPS Forecasts Higher 2026 Revenue, Plans Up to 30,000 Job Cuts

TikTok Avoids US Ban, But Security Concerns Persist as American Investors Take Control

How the TikTok Deal Exposes the West’s Hypocrisy on Free Speech and Cultural Power

China and EU Strike Landmark EV Trade Deal, Shifting From Tariffs to Minimum Price Framework

Radical Islam is being appreciated by Indian authorities too

Bangladesh; India’s Biggest Ally or China’s Dragon Nest?

Ahmadis in Bangladesh face fresh threat of persecution

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