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Samsung Union Authorizes Massive Strike At Memory-Chip Plants After Mediation Talks Collapse
Samsung Union Authorizes Massive Strike At Memory-Chip Plants After Mediation Talks Collapse
Asian equities extended losses for a fourth straight session, with South Korea's benchmark KOSPI falling about 1% as the market priced in the shock of an imminent labor action at Samsung Electronics.
A full-scale, 18-day strike involving more than 47,000 workers at the world's largest memory-chip maker is set to begin Thursday, raising the risk of production disruptions across the global semiconductor supply chain, which is already tight due to AI data center buildouts.
Samsung Electronics' talks with...
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Aug 29, 2026 / Tyler Durden
The Monumental Mistake Of Raising Rates In September
The Monumental Mistake Of Raising Rates In September
Authored by Daniel Lacalle,
Three members of the Federal Open Market Committee voted to raise rates in July. However, the Committee held the federal funds target at 3.5%-3.75% by a 9-3 vote. Bank of America, Deutsche Bank, and J.P. Morgan all expect a September hike. Across the Atlantic, the European Central Bank raised rates by 25 basis points in June and is expected to raise them again in September.
It would be a monumental mistake. The diagnosis is wrong on both sides of the Atlantic. There...
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Apr 23, 2026 / Tyler Durden
37 Senate Democrats Urge USPS To Refuse Trump's Vote-By-Mail Executive Order
37 Senate Democrats Urge USPS To Refuse Trump's Vote-By-Mail Executive Order
Authored by Chase Smith via The Epoch Times,
Thirty-seven Senate Democrats sent a letter Monday to the U.S. Postal Service’s board of governors calling on the agency to refuse to implement a March 31 executive order that directs the USPS to use state-submitted lists to determine which voters may receive mail-in and absentee ballots.
The order specifically mentions U.S. citizenship as a key element for eligibility.
Senate Democratic Leader Chuck Schumer (D-N.Y.) led the effort alongside three ranking committee members: Sen. Gary...
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Mar 23, 2026 / Tyler Durden
Bovard: The Late Robert Mueller, Bill Of Rights Executioner
Bovard: The Late Robert Mueller, Bill Of Rights Executioner
Authored by Jim Bovard
Obituaries on eminent Washingtonians usually omit the dreadful precedents they set that will vex Americans long after their death. Not this piece.
Former FBI director Robert Mueller died last week at the age of 81. The New York Times eulogized him as a “button-down, lockjawed, rock-ribbed exemplar of a vanishing caste.” In reality, Mueller was simply a twenty-first century version of J. Edgar Hoover, trampling the Constitution and seizing new power on any pretext.
Mueller took over the FBI one week before the...
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