Friday, July 31, 2026

Constitutional Court Rules Against Yoon, South Korea’s Second Ousted President

President Yoon Suk Yeol is impeached by the Constitutional Court, marking a significant event in South Korea’s political history.

The $13.75 Billion Scam: Microsoft Is Accused of Blocking Competition To Keep AI Prices Sky-High

Microsoft faces a class-action lawsuit over alleged inflated ChatGPT fees due to an exclusive cloud contract with OpenAI.

Fed Holds at 3.50%–3.75%: Markets Care Less About Rates and More About Who Replaces Powell in May 2026

The Fed held rates steady, focusing on the next chair's nomination. Rick Rieder's dovish stance may weaken the dollar, impacting markets.

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