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SK Telecom Ordered to Pay Hacking Victims in Test of Corporate Liability
EconomyEN
SK Telecom Ordered to Pay Hacking Victims in Test of Corporate Liability

South Korea's consumer agency has ordered SK Telecom to financially compensate 58 hacking victims, setting a key precedent for corporate liability in data breach cases.

Wall Street Eyes Santa Rally to Cap Strong 2025 Gains
EconomyEN
Wall Street Eyes Santa Rally to Cap Strong 2025 Gains

As 2025 draws to a close with significant market gains, investors are betting on a traditional Santa Claus rally. We analyze the historical data, current economic drivers, and potential risks for the year-end stock market.

Japan to Cover 50% of Factory Costs for Firms Using Carbon-Free Power
EconomyEN
Japan to Cover 50% of Factory Costs for Firms Using Carbon-Free Power

Japan is offering a $1.3 billion subsidy program, covering up to 50% of investment costs for new factories and data centers that run on 100% renewable or nuclear power.

Gem Wallet Rolls Out Multi-Chain USDT Support, Unlocking Cheaper Stablecoin Transfers
EconomyEN
Gem Wallet Rolls Out Multi-Chain USDT Support, Unlocking Cheaper Stablecoin Transfers

Gem Wallet now supports USDT on Ethereum, TRON, Polygon, Solana, and Avalanche. Learn how this multi-chain integration helps users save on transaction fees and manage assets easily.

Google, Apple Warn Visa-Holding Staff: Don't Leave the U.S.
EconomyEN
Google, Apple Warn Visa-Holding Staff: Don't Leave the U.S.

Google and Apple are warning US visa-holding employees against international travel due to severe embassy delays. Learn what this 'visa trap' means for tech workers, project timelines, and company operations.

Saudi Arabia Extends 1 Million Barrel Oil Cut, Pushing Brent Above $85
EconomyEN
Saudi Arabia Extends 1 Million Barrel Oil Cut, Pushing Brent Above $85

Saudi Arabia extends its unilateral 1 million bpd oil output cut through September, joined by a 300,000 bpd export reduction from Russia. The move pushed Brent crude above $85, tightening global supply.

‘DeFi Is Dead,’ Says Maple CEO, Predicting $50 Trillion Stablecoin Surge Will Swallow Wall Street
EconomyEN
‘DeFi Is Dead,’ Says Maple CEO, Predicting $50 Trillion Stablecoin Surge Will Swallow Wall Street

Maple Finance CEO Sid Powell predicts the end of 'DeFi' as a separate category, forecasting a $1T onchain market driven by a $50 trillion surge in stablecoin payments by 2026 as it overtakes traditional finance.

Fed’s Hammack Signals Prolonged Rate Hold, Setting Stage for 2026 Policy Clash
EconomyEN
Fed’s Hammack Signals Prolonged Rate Hold, Setting Stage for 2026 Policy Clash

Incoming 2026 FOMC voter Beth Hammack says interest rates need to stay on hold, casting doubt on recent soft CPI data. Her view creates a major policy rift with Fed Governor Chris Waller, signaling future uncertainty.

From Viral to Liability: The Perilous Rise of the CEO Influencer
EconomyEN
From Viral to Liability: The Perilous Rise of the CEO Influencer

CEOs are flocking to social media, but missteps are leading to regulatory filings, PR crises, and legal battles. We analyze the tangible business risks and rewards of the CEO influencer trend.

Microsoft's Xbox Concedes Console War, Pivots to a $5 Billion Cloud Gaming Empire
EconomyEN
Microsoft's Xbox Concedes Console War, Pivots to a $5 Billion Cloud Gaming Empire

Microsoft is shifting its gaming strategy away from console sales, which have plummeted 70%. Instead, it's focusing on its $5 billion Game Pass subscription service and a cloud-first, platform-agnostic future.

Elon Musk's Net Worth Crosses $700 Billion, a Global First, After Court Upholds Pay Package
EconomyEN
Elon Musk's Net Worth Crosses $700 Billion, a Global First, After Court Upholds Pay Package

Elon Musk becomes the world's first person with a net worth of $700 billion following a court ruling that upheld his massive Tesla pay package. Analysis on what this means for investors and TSLA stock.

Fed's Hammack Signals Extended Rate Pause for Months, WSJ Reports
EconomyEN
Fed's Hammack Signals Extended Rate Pause for Months, WSJ Reports

A Federal Reserve official, Hammack, signaled the central bank plans to hold interest rates steady for months, the WSJ reports. Here's what it means for markets and your investment strategy.