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

Jerome Powell at the Federal Reserve under criminal investigation

Fed Chair Powell Under Criminal Investigation: Markets Reel as Treasury Yields Surge

WASHINGTON — Federal Reserve Chair Jerome H. Powell is facing an unprecedented criminal investigation by federal prosecutors in Washington, D.C., thrusting the central bank into a political maelstrom and rattling global financial

January 12, 2026

Business·Economy·News

Elon Musk criticized by UK government over Grok AI sexualized image paywall

UK Condemns Elon Musk’s Grok AI Image Paywall as “Insulting” to Victims of Abuse

London, UK: The UK government has sharply criticized Elon Musk’s platform X for restricting Grok image editing to paid users, calling the move “insulting” to victims of sexual violence and misogyny. The

January 18, 2026

Artificial Intelligence·Business·News·Technology

Donald Trump and the impact of Fannie Mae and Freddie Mac on the US mortgage bond market

Trump’s Plans for Fannie Mae and Freddie Mac Raise Fresh Uncertainty for Mortgage Bonds

The renewed debate over the future of Fannie Mae and Freddie Mac has once again injected political risk into the heart of the US housing finance system, unsettling mortgage bonds investors and

January 9, 2026

Business·Economy·News

Jensen Huang unveils Nvidia Vera Rubin AI platform at CES 2026

Nvidia Dominates CES 2026 With Vera Rubin AI Supercomputer and Physical AI Revolution

LAS VEGAS — Nvidia arrived at CES 2026 with a clear declaration: artificial intelligence is no longer confined to research labs and cloud data centers. It is becoming the operating system of

January 7, 2026

Business·News

Trump administration plans to exploit Venezuelan oil reserves, US crude market reacts

Trump Moves to Exploit Venezuelan Oil, US Crude Could Drop to Low $50s, Analyst

WASHINGTON — The Trump administration’s aggressive move to tap Venezuela’s vast oil reserves has sent shockwaves through global energy markets, with US crude potentially tumbling into the low $50 per barrel range,

January 4, 2026

Conflicts, Military and War·Economy·News

Saks Global CEO Marc Metrick Quits as Bankruptcy Talk Swirls, Richard Baker Takes Over

Saks Global, the luxury retail conglomerate formed by the $2.7 billion tie-up that brought Saks Fifth Avenue and Neiman Marcus under one roof, has replaced its chief executive at a moment when

January 3, 2026

Business·Economy·News

Ontario’s Online Casino Boom Heads Into 2026, But the ‘Trusted’ Sites Are Getting Harder to Spot

Ontario’s online casino economy is entering 2026 with a simple pitch and a complicated reality, more choice, faster payouts, and a steady stream of “best-of” lists promising safety and value, often in

January 4, 2026

News

S&P 500 crashes as Trump tariffs kill Wall Street Santa Claus rally December 2025

Stock Markets Stumble on Year’s Last Gasp

In the thinning air of a holiday-shortened trading week, Wall Street’s major indexes edged lower on Monday, capping off a year of wild swings with a cautious close that belied the deeper

May 27, 2026

Business·Economy·News

S&P 500 futures plunge after record high Wall Street selloff fears

S&P 500 Futures Slide After Record-Breaking Surge Ignites Sell-Off Fears

Wall Street’s euphoric year-end rally encountered its first real test on Sunday evening as S&P 500 futures slipped sharply, signaling a potential pause in the benchmark index’s relentless climb to record highs.

December 29, 2025

Business·Economy·News

Trump tariffs trigger 717 corporate bankruptcies 2025 US economy crash factories shuttered

Trump Tariffs Ignite Corporate Bankruptcy Apocalypse: 717 Firms Crushed in 2025

In the shadow of President Donald Trump’s return to the White House, a stark economic reckoning unfolded across America’s industrial heartland and beyond. Corporate bankruptcies surged to a 15-year high in 2025,

May 27, 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

Fed Chair Powell Under Criminal Investigation: Markets Reel as Treasury Yields Surge

UK Condemns Elon Musk’s Grok AI Image Paywall as “Insulting” to Victims of Abuse

Trump’s Plans for Fannie Mae and Freddie Mac Raise Fresh Uncertainty for Mortgage Bonds

Nvidia Dominates CES 2026 With Vera Rubin AI Supercomputer and Physical AI Revolution

Trump Moves to Exploit Venezuelan Oil, US Crude Could Drop to Low $50s, Analyst

Saks Global CEO Marc Metrick Quits as Bankruptcy Talk Swirls, Richard Baker Takes Over

Ontario’s Online Casino Boom Heads Into 2026, But the ‘Trusted’ Sites Are Getting Harder to Spot

Stock Markets Stumble on Year’s Last Gasp

S&P 500 Futures Slide After Record-Breaking Surge Ignites Sell-Off Fears

Trump Tariffs Ignite Corporate Bankruptcy Apocalypse: 717 Firms Crushed in 2025

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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