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Why Is South Korea’s Won Rising While Its Chip Stocks Collapse?

South Korea’s won hit its strongest level against the dollar in more than 10 months on Wednesday. The currency strengthened past the 1,400 mark, a level last seen in late September 2025. A booming semiconductor industry is helping drive the…

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Goldman Sachs Report Shows Entry-Level Workers Feel Worst of AI Squeeze

Entry-level workers are taking the sharpest hit from artificial intelligence (AI), according to Goldman Sachs. The bank tracked hiring across developed economies and found the drag concentrated at the start of careers. The bank published the research on Wednesday after…