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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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Mar 30, 2026 / Tyler Durden
The Market Is Grappling With Two Major Unknowns
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By Stefan Koopman, Senior Macro Strategist at Rabobank
President Trump began this week’s Monday‑morning jawboning ahead of schedule. Speaking to reporters aboard Air Force One on Sunday evening as he returned to Washington DC, he talked up the negotiations with Iran, said that Iran’s new leadership already constitutes “regime change” and praised the “deal” with Iranian speaker Ghalibaf to allow up to 20 Pakistan-flagged oil tankers to pass through the Strait of Hormuz under Iranian (!) escort.
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A Brief History of the Petite Bourgeoisie
From the Jacksonians to the Marxists, political theorists have understood that there is something unique about "small industry" between big business and propertyless workers.
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Fed Independence Is Sacred... Or So We've Been Told
Fed Independence Is Sacred... Or So We've Been Told
Authored by Richard Roberts via RealClearMarkets.com,
For the better part of a year, many had become convinced that the Federal Reserve's independence was in its final days.
The narrative rested on two prongs.
First, an FOMC browbeaten by relentless public attacks, threats of removal, and a Justice Department criminal probe into Chair Jerome Powell. The pressure, many argued, had grown so intense that Fed decisions would no longer be trusted to reflect economics rather than politics.
Second, a new chair expected to arrive in May...
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