August 23, 2026
Stories from this day
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Economy · 3 min readJackson Hole 2026 (August 27–29) — the keynote belongs to Warsh, not Powell
Timing — symposium August 27–29; keynote 10:00 a.m. ET on August 28, which is 11:00 p.m. Korean time
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Tech · 3 min readGPT-5.6 Sol API price cut (August 21) — output falls from $30 to $20 per million tokens
Price — input $5→$4, output $30→$20, cached input $0.50→$0.40 per million tokens. The 33% cut to output is the largest
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Economy · 3 min readKOSPI weekly -0.93% (August 18–21) — 948 points moved, 65 points remained
Week — 6,977.94 (Aug 14) to 6,912.95 (Aug 21), a net change of -64.99 points or -0.93%
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Economy · 3 min readGold at $4,590 (August 21) — up nearly 5% on the week, still 18% below the January record
Price — $4,590.51 an ounce on August 21 (+$74.51, +1.65%). At 9 a.m. Eastern the quote was $4,577.49
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Sports · 2 min readAsian Games 2026 open September 19 — Japan's first in 32 years, with 469 golds at stake
Dates — September 19 to October 4, 2026, sixteen days in Aichi Prefecture and the city of Nagoya
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Issues · 3 min readKorea's new spousal miscarriage leave starts September 18 — five days, three of them paid
New — spousal miscarriage and stillbirth leave of five days, first three paid, effective September 18, 2026
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Economy · 4 min readWhat the Jackson Hole symposium is — a conference that went trout fishing for a Fed chair
What it is — an economic policy symposium run every August by the Kansas City Fed. It is not an FOMC meeting and no rate is set there
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Tech · 4 min readWhat high-impact AI is — why medicine, hiring and loan screening are regulated together
Test — not model size or capability but **the domain of use**. The same model can be high-impact in one deployment and not in another
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Issues · 4 min readWhat a substitute holiday is in Korea — why a Saturday Liberation Day means a Monday off
Principle — when a public holiday collides with a weekend or another holiday, the next non-holiday weekday is taken instead
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Tech · 4 min readWhat an AI hallucination is — why models are trained not to say 'I don't know'
Definition — an answer whose grammar and form are intact but whose content is false. The tell is that nothing in the sentence signals it is wrong