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Economy

Finance, markets, investments, cryptocurrency and economic news

When Politics Holds Economic Data Hostage
EconomyEN
When Politics Holds Economic Data Hostage

The delayed US January employment report due to government shutdown creates uncertainty for global investors and markets. What happens when crucial economic indicators become political casualties?

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Seoyeon Park
White House Crypto Meeting Fails to Crack Stablecoin Yield Impasse
EconomyEN
White House Crypto Meeting Fails to Crack Stablecoin Yield Impasse

Trump administration's crypto meeting couldn't resolve the contentious stablecoin yield debate between traditional banks and digital asset firms, despite over two hours of negotiations.

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SP
Seoyeon Park
Musk's $1.25 Trillion Empire Takes Shape as SpaceX Absorbs xAI
EconomyEN
Musk's $1.25 Trillion Empire Takes Shape as SpaceX Absorbs xAI

Elon Musk merges SpaceX with xAI in massive consolidation play, targeting record $1.25 trillion IPO. What does this mega-merger mean for competition and innovation?

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Seoyeon Park
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Russia's Bitcoin Mining Giant Falls as Founder Faces Arrest
EconomyEN
Russia's Bitcoin Mining Giant Falls as Founder Faces Arrest

BitRiver founder Igor Runets arrested on tax evasion charges while his company faces bankruptcy, signaling major upheaval in Russia's crypto mining industry that once controlled over half the nation's capacity.

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Seoyeon Park
Defense Contractors Rush to Ramp Up as Trump Demands Speed
EconomyEN
Defense Contractors Rush to Ramp Up as Trump Demands Speed

US defense companies accelerate spending and hiring after Trump's call for expedited arms deliveries, signaling major shifts in military procurement priorities.

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Seoyeon Park
Glencore Eyes Citi for Potential Rio Tinto Mega-Merger
EconomyEN
Glencore Eyes Citi for Potential Rio Tinto Mega-Merger

Glencore reportedly close to appointing Citigroup as adviser for potential Rio Tinto merger talks in what could reshape the global mining landscape.

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Seoyeon Park
Government Shutdown Derails Jobs Data Again, Creating Economic Blind Spot
EconomyEN
Government Shutdown Derails Jobs Data Again, Creating Economic Blind Spot

The US government shutdown has delayed the January jobs report, leaving economists and the Federal Reserve without crucial employment data for policy decisions. This marks the second major disruption to economic statistics in recent years.

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Seoyeon Park
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Waymo's $110B Valuation Bet Heats Up Robotaxi Race With Tesla
EconomyEN
Waymo's $110B Valuation Bet Heats Up Robotaxi Race With Tesla

Alphabet's autonomous driving unit Waymo seeks $16B funding at nearly $110B valuation, intensifying competition with Tesla's robotaxi ambitions as both companies expand operations.

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Seoyeon Park
Trump-Modi Deal Slashes Indian Tariffs to 18% in $500B Trade Pact
EconomyEN
Trump-Modi Deal Slashes Indian Tariffs to 18% in $500B Trade Pact

US-India trade agreement worth $500 billion sees tariff cuts to 18% as India agrees to halt Russian oil purchases and boost American imports.

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Seoyeon Park
The AI Boom Hits the Wall of Reality
EconomyEN
The AI Boom Hits the Wall of Reality

Nvidia's OpenAI investment reframing and Oracle's $50B funding plan reveal the AI boom's new reality - from infinite scalability to capital constraints.

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Seoyeon Park
OpenAI's Codex App: The Battle for Developer Hearts and Minds
EconomyEN
OpenAI's Codex App: The Battle for Developer Hearts and Minds

OpenAI launches standalone Codex app for Mac users, doubling down on AI coding tools as competition with Anthropic and Cursor intensifies. What's really at stake?

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Seoyeon Park
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GameStop Ditches Bitcoin Dreams for 'Transformational' Megadeal
EconomyEN
GameStop Ditches Bitcoin Dreams for 'Transformational' Megadeal

GameStop CEO Ryan Cohen calls new consumer acquisition plan 'way more compelling than bitcoin' as company moves 4,710 BTC to Coinbase Prime, signaling potential sale

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Seoyeon Park
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