New York City is weighing a bill that would raise the city’s minimum wage from $17 per hour to $30 per hour, a move that, if enacted, would create the highest minimum wage in the United States. The proposal was submitted to the City Council by Councilmember Sandra Nurs,

A prominent U.S. hedge fund, Greenlight Capital, disclosed a significant purchase of Coupang, Inc. shares this week. Neil Mehta, the founder and a member of Coupang’s board, bought 7,351,040 Class A common shares of Coupang, Inc. in three trades from January 11 to January 13. The

The day after South Korea began enforcing a price ceiling on petroleum products, prices at stations across the country fell by double digits, indicating an immediate response to the policy. Data from Opinet, the fuel price information system operated by Korea National Oil Corp, show the national average price for

GreenOak Capital, the investment firm that signaled an ISDS challenge against the South Korean government, disclosed a fresh stake in Coupang Inc., the U.S. subsidiary of South Korea’s leading e-commerce company. The stake purchase was worth about $137 million, according to an SEC filing on the 13th. The

Jeju Island’s Hallim Park was bathed in clear morning light on February 14, as spring flowers, including red plum blossoms and daffodils, bloomed across the site. The scene underscores Jeju’s role as a popular tourism destination that draws visitors for its seasonal flora, even as residents prepare for

South Korea’s eastern regions are expected to be largely cloudy today, with the rest of the country seeing occasional cloudiness. Rain is forecast along the East Sea coast in Gangwon and North Gyeongsang, and in Busan and Ulsan, totaling around 5 millimeters in those areas. Snow is possible in

The South Korean Ministry of Patriots and Veterans Affairs announced that the 66th anniversary ceremony for the March 15 Uprising will be held on the morning of the 15th at the National 3.15 Democratic Cemetery in Changwon, a city in South Korea’s southeastern Gyeongsang Province. The March 15

After the government tightened lending rules on June 27, the housing support program for newlywed couples has contracted sharply. Data from the Korea Housing Finance Corporation (HUG) show that for eight months from July last year to February this year, total disbursements under the newlywed Jeonse loan program were about

South Korea’s main opposition party, the People Power Party (PPP), has criticized President Lee Jae-myung for not commenting on what it calls a “case dismissal deal” allegation linked to the president’s circle, after Lee posted on the social platform X (formerly Twitter) that he hopes for a world

Las Vegas is staging a comeback for Motional’s robotaxi program, as the autonomous-driving tech company—jointly owned by Hyundai Motor Group and Aptiv—relaunched the service in partnership with Uber. The Ioniq 5–based robotaxi will be available to Uber riders in the city, with no extra charge to