Hyunsoo Rim

1 week ago | sherwood.news | Hyunsoo Rim

Amex and Chase are betting the young and affluent will keep dropping $600+ a year on a premium card. On Monday, American Express teased its “largest investment ever in a Card refresh” for its Platinum Card — a credit card which has transcended the simple swipe-and-sign, becoming something of a status symbol for young users willing to shell out $695 a year for travel and dining perks.

2 weeks ago | sherwood.news | Hyunsoo Rim

Unemployment is spiking, confidence is plummeting, and AI is blocking the doors their diplomas were meant to open. There was a time when a good college degree didn’t just decorate a resume — it practically came with a near-guaranteed job offer in corporate America. But that promise is fading fast for the class of 2025, which is entering one of the most discouraging job markets in recent memory. Even those who manage to land jobs aren’t exactly celebrating.

2 weeks ago | sherwood.news | Hyunsoo Rim

Israel launched air strikes on Iran’s nuclear and military sites early Friday, in an operation Prime Minister Benjamin Netanyahu said could last “as many days as it takes.” The strikes, reflecting Israel’s long-standing of Iran’s nuclear program as an “existential threat,” reportedly killed six nuclear scientists and several of the country’s top military leaders. Iran retaliated by launching more than 100 drones toward Israeli territory.

2 weeks ago | sherwood.news | Hyunsoo Rim

Americans may be deeply tied to their home states — so much so that 80% of young adults rarely move far from where they grew up — but that doesn’t mean they don’t venture beyond their borders. According to a new YouGov survey, 95% of US citizens have visited states outside of their current residence at least once, with the average American having visited 16 states. But which state has seen the most Americans visit?

1 month ago | sherwood.news | Hyunsoo Rim

Stocks were green in early morning trading, with the SPDR S&P 500 Trust up as much as 1.7% after the US Court of International Trade struck down a major chunk of Trump’s “Liberation Day” tariffs, ruling that the president misapplied the International Emergency Economic Powers Act (IEEPA) for much of his sweeping package. However, the court ruling may not change much in practice, given White House’s multiple fallback options, according to a note published last night by economists at Goldman Sachs.