Showbox, the Korean film and content studio, has launched a new microdrama label, Showbite, and will begin rolling out original short-form content in September, spanning genres from romance and comedy to revenge, action-thriller, period drama, fantasy, mystery and horror. The romance slate includes “Taste of You,” a BL enemies-to-lovers story set in the world of
Investors were glued to their TVs on Friday as Federal Reserve boss Kevin Warsh stepped up to the podium at the annual Jackson Hole Economic Symposium. The hotly anticipated remarks held a few key takeaways for investors. For one, Warsh reiterated what many already knew, which is that the era of forward guidance from the
Public money does more than support frontier technologies, it helps to shape the markets that grow around them. Through decisions on contracts, grants, benchmarks, infrastructure and purchasing routes, governments influence which firms learn first, which systems are adopted and whether markets stay open or closed. Governments must recognize their role in shaping future competition in
Two major events are likely to drive financial markets this week: Nvidia’s second-quarter earnings report and the Fed’s annual Jackson Hole Economic Symposium. Before diving into each of those, let’s take a step back and look at the bigger picture. Perhaps the biggest development in markets over the last week has been the surge in
The enormous mountain of debt hanging over the economy has overshadowed the AI boom as the center of attention on Wall Street. For years—decades even—the spiraling trajectory of U.S. debt fueled dire warnings, which investors consistently brushed off as low borrowing costs helped turbocharge epic stock gains. Meanwhile, the debt pile galloped higher, interest costs
It’s grape season in Afghanistan’s southern province of Kandahar, and the harvest this year is plentiful. But that’s small comfort for the region’s grape producers and workers, who say fighting between Afghanistan and Pakistan has left them unable to access their primary market. For months, the two countries have traded fire sporadically across their long, mountainous border, leaving hundreds of people dead.