Business

Business

Sharp Gaps in Bank Balances by Age, Household Type and Education

What do you have in our bank account? Guess what others do in theirs. Cash holdings in U.S. bank accounts vary dramatically depending on age,...
Business

Torrance Mall Sale Tops South Bay Retail Deals at $108.5M

A Torrance shopping center anchored by Korean American grocery chain Hannam Chain was sold last month at the highest price recorded for a South...
Business

Online Holiday Shopping Hits Record $257.8B on Discounts

Despite concerns about an economic slowdown and rising prices, online holiday shopping reached an all-time high at the end of the year as retailers...
Business

AI Smart Shoes Unveiled as Shoealls Showcases Model at CES 2026

Shoealls, a functional footwear brand based in South Chungcheong Province, unveiled its AI smart shoes at the 2026 Consumer Electronics Show (CES), held at...
Business

New California Rule Adds 1.5% Recycling Fee to Battery-Powered Products

California now charges an added fee when consumers buy products with non-removable, built-in batteries, under a new requirement that took effect on Jan. 1. Under...
Business

Korean Car Sales Surpass 1.8 Million for First Time in U.S.

Korean car sales set a new annual record for the third consecutive year, following strong sales momentum in the first half of the year. According...
Business

Beef Price Settlement Allows Cash Claims for 2014–2019 Buyers

According to USA Today, Consumers who purchased beef between August 1, 2014, and December 31, 2019, may be eligible for cash compensation under a...
Business

Gas Prices Seen Remaining Stable Despite Maduro’s Removal

U.S. Secretary of Commerce Howard Lutnick and Senator Lindsey Graham (R-SC) join President Donald Trump to speak to reporters aboard Air Force One en...
Business

U.S. Condo Market Sinks to Worst Slump in More Than a Decade

Purchase-Price Bubble, Soaring Insurance and HOA Fees Weigh on Demand Condo Prices Fell 1.9% in September–OctoberSingle-Family Homes Still Rising, Though at a Slower Pace The U.S....
Korea

Korean, Japanese automakers to shift production to U.S. as MAGA takes hold

Korean and Japanese automakers are restructuring production to avoid U.S. tariffs, with Japan reimporting U.S.-built cars and Korea expanding local output.
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