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Stocks fell on Friday to their lowest levels since last August amid growing concerns about how the US-Iran conflict will affect oil prices. The Dow and Nasdaq fell into correction territory, defined as a decline of more than 10% from the recent peak. The S&P ended the day just shy of a correction after five … Read more
New York City bonds have suddenly become a hot topic on Wall Street — and you can thank socialist mayor Zohran Mamdani for this surprising development. This past week, the Big Apple went to investors to sell billions of dollars in municipal bonds. When Mamdani made his best example of Fidel Castro, the city sold … Read more
Abroad Revenue in Nigeria’s banking sector has risen by a whopping 93.25 percent year-on-year to $13.53bn in 2025, from $7.00bn reported in 2024, amid the ongoing signal of recapitalization by the Central Bank of Nigeria. Data from the National Bureau of Statistics report on foreign investment showed that the banking sector remains the main source … Read more
Quick Hits The Virginia General Assembly has passed legislation that would ban non-compete agreements for health care professionals. HB1 and SB1 would establish a multi-year schedule to raise Virginia’s minimum wage to $15 an hour by January 1, 2028, with additional changes based on the Consumer Price Index beginning in 2029. SB258 and SB790 would … Read more
Ask any friend or family member, and they’ll probably agree on one thing: the cost of everyday things keeps going up, and it doesn’t seem like it’s going to stop. Eventually, it starts to hurt your wallet – and suddenly, ordering delivery or that night is no longer worth the splurge. Recently, Reddit user Wonderful-Economy762 … Read more
With a market capitalization of 3.7 billion dollars, which makes it the second most valuable company in the world. apple (NASDAQ: AAPL) it is always in a good position to stay close to the pile. However, while the “apple” may not fall far from the tree anytime soon, here’s how some of the “Magnificent Seven” … Read more
![A convenience store near Gwanghwamun Square in central Seoul displays a banner welcoming BTS' March 22 comeback. [NEWS1]](https://luzeb.com/wp-content/uploads/2026/03/Add-K-shaped-consumer-polarization-to-the-list-of-Korean-trends.jpg)
A convenience store near Gwanghwamun Square in central Seoul displays a banner welcoming BTS’ March 22 comeback. [NEWS1] There are concerns that “K-shaped” consumer polarization may deepen in the retail industry as high inflation and a prolonged recession continue. K-shaped consumer polarization refers to a widening gap in spending between high-income consumers and middle- or … Read more
The disruptions from the US and Israeli attacks on Iran quickly spread to commercial aviation, shipping lanes and the world’s energy supply. These effects have already created fuel costs, including for truckers, truckers and fishermen, and are set to spread widely in packaging, household goods, appliances, medicine and electronics. READ MORE: Divided by many things, … Read more
Since Bitcoin reached an all-time high of $127,000 in October 2025, the first quarter of 2026 began shakily, and Bitcoin fell to the floor of $60,000 in less than five months. Although this whiplash may be painful, it looks worse than it really is: the market is doing exactly what it needs to do to … Read more
President Donald Trump’s war against Iran is clashing with US bond investors, who have shown little appetite for Treasury securities as they hope the war will end soon. This past week, auctions of two-, five- and seven-year Treasury notes all attracted weak demand, forcing yields higher than expected. That’s a big difference from last month, … Read more