Tag: economy

Corporate America Begins Passing Through Tariff Costs to Protect Margins

U.S. companies are starting to pass tariff costs to consumers with price hikes, potentially driving inflation higher in 2023.

ReMA 2025 Winner: Galaxy S25 Proves Premium Phones Can Be Planet-Friendly

Samsung's Galaxy S25 wins ReMA 2025 for its use of recycled materials, showcasing commitment to sustainability and circular design.

Korean Air’s Fleet Expansion and Service Excellence Earns Top Global Recognition

Korean Air was named Airline of the Year, excelling in safety, economy class comfort, and fleet modernization efforts.

South Korea Downplays Impact of U.S. Tech Restrictions: Here’s Why It Might Not Matter

South Korea views new US export controls on advanced tech as minimally impactful, with potential for future exceptions.

EU’s Green Shift: Korean Exporters to Feel the Heat

The European Union (EU) is set to increase the burden on Korean companies exporting products with the introduction of the Eco-design Regulation (ESPR) and...

LG Makes a Buzz with First-ever Pollinator Garden in U.S. Headquarters

Provided by LG Electronics LG Electronics announced that on the 22nd (local time), it held an LG Life's Good Earth Day Celebration event themed on...

Inflation Woes: Powell Indicates Long-Term High Interest Rates

On the 16th (local time), the Wall Street Journal (WSJ) reported that Chairman of the Federal Reserve Jerome Powell warned that the current high interest rates...

Trump’s ‘Truth Social’ Becomes the Top Meme Stock on Wall Street – And It’s About to Crash

The social media platform Truth Social, created by former U.S. President Donald Trump, is surging on the U.S. stock market.

Bloomberg: ‘New Chips By NVIDIA Further Strengthen AI Market Dominance’

NVIDIA's dominance in the AI chip market has been further strengthened with the announcement of its next-generation chip.

Stock Market on High Alert as they Await Federal Reserve Chairman Jerome Powell’s Semi-Annual Report

Congressional testimony from Federal Reserve Chairman Jerome Powell begins on the 6th. He is expected to present a semi-annual report on interest rate policy when...

Stocks Continue to Surge Due to Ongoing AI Rally, ARM 10%, Soundhound 47%

Despite a general downturn in the U.S. stock market following last week's surge, NVIDIA, the biggest beneficiary of generative AI, continues its upward trend,...

Two Stocks That Are Promising and the Safest According to Specialists

The latest buzz on Wall Street is undoubtedly Artificial Intelligence (AI). NVIDIA has been the biggest beneficiary, with its stock soaring over 240% in...