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Economy

Finance, markets, investments, cryptocurrency and economic news

Trump Won't Rule Out Suing His Own Fed Pick for Higher Rates
EconomyEN
Trump Won't Rule Out Suing His Own Fed Pick for Higher Rates

President Trump joked about suing Kevin Warsh, his own nominee for Fed chair, if rates don't fall. Treasury Secretary Bessent won't promise it won't happen, raising questions about Fed independence.

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SP
Seoyeon Park
Bitcoin RSI Hits 17, Third-Lowest Reading in History
EconomyEN
Bitcoin RSI Hits 17, Third-Lowest Reading in History

Bitcoin's RSI plunged to 17, marking the third most oversold condition ever. Historical data suggests violent upside moves could follow.

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SP
Seoyeon Park
Pinterest Fires Engineers Who Built Layoff-Tracking Tool
EconomyEN
Pinterest Fires Engineers Who Built Layoff-Tracking Tool

Pinterest fired two engineers who created a tool to track layoffs after the company cut 15% of staff. The incident highlights tensions between corporate transparency and AI transformation strategies.

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SP
Seoyeon Park
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Japan's Ruling Coalition Set for Landslide Victory in Sunday Election
EconomyEN
Japan's Ruling Coalition Set for Landslide Victory in Sunday Election

Nikkei poll shows LDP-Japan Innovation Party coalition could secure over 310 seats, giving them a two-thirds majority. Opposition faces potential loss of half their seats, signaling major political realignment.

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SP
Seoyeon Park
Korean Investors Flee to US Stocks Despite Record Gains at Home
EconomyEN
Korean Investors Flee to US Stocks Despite Record Gains at Home

South Korean stocks have surged 70% with KOSPI hitting record highs, yet retail investors are pouring money into US stocks at unprecedented levels. We explore this investment paradox and its implications.

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SP
Seoyeon Park
KKR Sees Gold in AI's Growing Pains
EconomyEN
KKR Sees Gold in AI's Growing Pains

Private equity giant KKR views AI market volatility as opportunity, betting on infrastructure and talent amid tech sector turbulence in 2026.

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SP
Seoyeon Park
$6.5B Bitcoin Loss, But Saylor's Premium Persists
EconomyEN
$6.5B Bitcoin Loss, But Saylor's Premium Persists

MicroStrategy faces massive bitcoin losses yet trades above asset value. What's keeping the premium alive amid market panic?

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SP
Seoyeon Park
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Gemini Exits 3 Continents, Cuts 25% of Staff in Strategic Pivot
EconomyEN
Gemini Exits 3 Continents, Cuts 25% of Staff in Strategic Pivot

Crypto exchange Gemini shuts down operations in UK, EU, and Australia while cutting 25% of workforce to focus on US market and prediction markets. Analysis of the strategic shift and industry implications.

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SP
Seoyeon Park
Treasury's Bessent Tells Crypto 'Nihilists': Move to El Salvador
EconomyEN
Treasury's Bessent Tells Crypto 'Nihilists': Move to El Salvador

Treasury Secretary Bessent slammed crypto industry resistance to regulation as 'nihilistic,' warning that market participants opposing the Digital Asset Market Clarity Act should relocate to El Salvador.

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SP
Seoyeon Park
The Real Cost of 'Free' AI: OpenAI vs Anthropic Ad War
EconomyEN
The Real Cost of 'Free' AI: OpenAI vs Anthropic Ad War

OpenAI and Anthropic clash over AI advertising models. What does this battle reveal about the sustainability of free AI services and user choice?

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SP
Seoyeon Park
Amazon's AI Gamble: $125B Investment Meets 16,000 Job Cuts
EconomyEN
Amazon's AI Gamble: $125B Investment Meets 16,000 Job Cuts

Amazon reports Q4 earnings amid massive AI spending and corporate layoffs. Cloud growth and AI strategy under scrutiny as company reshapes for future competition

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Seoyeon Park
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As Software Sinks, US Oil Majors Shine Again
EconomyEN
As Software Sinks, US Oil Majors Shine Again

While tech stocks tumble, American oil giants like ExxonMobil and Chevron are recapturing investor attention with steady dividends and surprising resilience in the energy transition era.

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Seoyeon Park
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