South Korea's financial leaders are stepping up to tackle a sliding currency. The won has been on a downward slope, and it's not following the usual economic rules. Finance Minister Koo Yun-cheol made it clear that they're keeping a close eye on the situation. He promised to address the imbalance in
The search for the next Federal Reserve chair is heating up, with President Donald Trump expected to make a decision soon. Three main candidates are in the running: Kevin Warsh, Kevin Hassett, and Christopher Waller. All three have promised to uphold the Fed's independence, but they also share a pre
Prices went up, but not as much as experts thought they would in November. This gave investors a glimmer of hope that inflation might be slowing down. The consumer price index (CPI) showed a 2. 7% annual increase, which was lower than the predicted 3. 1%. Even when you take out the wobbly prices of
Christopher Waller, a Federal Reserve Governor, recently made it clear that he would strongly defend the central bank's independence if it were ever challenged by a U. S. president. Waller, who is considered a top contender to replace Jerome Powell as Fed Chair next year, shared his thoughts during
South Korea is making big moves in the world of digital money. Two of its largest tech companies, KakaoBank and Naver, are racing to create their own type of digital currency called stablecoins. These stablecoins would be tied to the Korean won, the country's official currency. This isn't just a com
The World Boxing Council (WBC) has teamed up with Datavault AI to bring some high-tech magic to boxing events. This isn't just about the fights anymore; it's about turning every punch, every cheer, and every fan interaction into valuable data. Datavault AI's tech, like ADIO® and IDE, is designed to
The U. S. Treasury Secretary, Scott Bessent, recently shared his thoughts on the Federal Reserve's approach to managing interest rates. He believes the current system is too complex and needs a major overhaul. According to Bessent, the Fed's strategy for controlling interest rates has become overly
Intuit and OpenAI have joined forces in a major deal. This partnership aims to bring Intuit's financial tools to ChatGPT. The deal is worth over $100 million for OpenAI. It will help Intuit reach more users and make its services more accessible. Intuit's products like TurboTax, QuickBooks, Credit K
Lisbon is set to become the hotspot for content creators in November 2025. The Crypto Content Creator Campus (CCCC) is bringing together big names from various industries to talk about the future of content creation. Expect to see Dr. Maye Musk, along with executives from Disney, Mastercard, and eve
China's central bank, the People's Bank of China (PBOC), decided to keep its key lending rates steady for the fourth month in a row. This decision came despite the U. S. Federal Reserve's recent rate cut. The one-year loan prime rate (LPR) remained at 3. 0%, and the five-year LPR stayed at 3. 5%. T
