Business

Business

Alphabet market cap β€” AI Spending Concerns Wipe Out $500B

Alphabet market cap plunges by $500 billion as AI spending outpaces profits, dragging down Samsung Electronics and SK Hynix despite record earnings.
Business

US housing market β€” Home Prices Fall for First Time in 3 Years

US home prices drop for the first time in 3 years due to high mortgage rates, while national rent costs see a matching rebound. Read the latest trends.
Business

California Home Prices β€” Median Earners Need 49% More Income to Buy

Discover why median-income earners in California need a 49% income boost to afford a home, ranking second highest in the US for housing affordability gaps.
Business

LA Arts District mixed-use development β€” Onni Group Wins Approval for 474-Unit Towers

LA City Council approves Onni Group's revised mixed-use development in the Arts District featuring 474 units across two high-rise towers.
Business

Cyber Fraud β€” 18B Annual Losses Recovered at Less Than 2%

Annual cyber fraud losses hit $18 billion in the US, but federal agencies recover less than 2% of stolen funds, sparking calls for stricter rules.
Business

Korean-American Banks 3rd Quarter Earnings β€” 6 Major Lenders Post Profit Growth

Discover how 6 major Korean-American banks achieved a 3.8% asset increase and widespread net profit growth in the third quarter despite high interest rates.
Business

Kia 3rd Quarter Earnings β€” Operating Profit Jumps 24% on Strong EV & HEV Sales

Kia reports a 24.3% increase in Q3 operating profit, driven by strong global sales of electric and hybrid vehicles and strategic market growth.
Business

AI server semiconductor market β€” K-shaped divergence as PC demand cools

Discover how the AI server semiconductor market is booming while PC demand slumps, creating a distinct K-shaped divergence in the global tech industry.
Business

Alphabet stock drop β€” Google Parent Loses $515B in Historic Crash

Alphabet shares plunged 12.6%, wiping out $515 billion in market value as AI spending concerns and slowing search ad growth triggered a tech sell-off.
Business

K-Stopover β€” Boosting North American Tourism Through Incheon Airport

Discover how the Korea Tourism Organization and Incheon Airport are boosting North American tourism with the new K-Stopover program.
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