Trump Hikes Tariffs on South Korea to 25% Following Trade Deal Delays
President Trump announced an increase in tariffs from 15% to 25% on South Korean imports, specifically targeting autos, lumber, and pharmaceuticals.
The move comes after the South Korean legislature failed to ratify the “Historic Trade Agreement” brokered between Trump and President Lee Jae Myung in July 2025.
The administration had previously lowered these duties to 15% in anticipation of the deal, but the latest move restores the higher 25%…
Major League Soccer Names Polymarket Official Prediction Market Partner
Major League Soccer (MLS) and its commercial arm, Soccer United Marketing, have named Polymarket as their official and exclusive prediction market partner.
The multi-year deal covers major events including the MLS Cup, All-Star Game, and Leagues Cup, focusing on digital “second-screen” fan engagement.
The partnership includes integrity safeguards, allowing the league to oversee which markets are offered and requiring independent mon…
BlackRock Files for Bitcoin Premium Income ETF to Generate Yield via Covered Calls
BlackRock filed an S-1 with the SEC for the iShares Bitcoin Premium Income ETF on Jan. 23, 2026.
The fund will employ a covered-call strategy, selling options on its spot Bitcoin holdings to generate monthly income.
The strategy aims for annual yields of 8-12%, though it typically caps potential upside during bull markets.
BlackRock, the world’s largest asset manager, is looking to expand its digital asset suite with a new product designed…
