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inflation

Korean Americans Shift from Self-Employment to Corporate Roles and Retirement

As high inflation and living costs persist, Korean Americans are cutting expenses while seeking to protect their homes, investments and retirement savings. The Korea...

Dollar Stores Thrive as Consumers Fight Persistent Price Pressures

Inflation Concerns Drive Middle and High-Income Shoppers to Dollar Stores Persistent inflation and economic uncertainty are prompting consumers across all income brackets to tighten their...

Worker Financial Stress Rises as Costs Outpace Pay

As living costs continue to rise faster than wages—often described as “stork-sized prices with sparrow-sized paychecks”—financial pressure on workers has reached severe levels, according...

49% of AAPI Consumers Cite Cost of Living as Top Concern

AAPI cost-of-living concerns have grown sharper, with nearly half of respondents in a recent poll saying high living costs and inflation should be the...

AI Grocery Shopping Surges as Coffee Jumps 19.8%

As food prices continue to rise, AI grocery shopping is rapidly becoming a survival strategy for consumers. With household costs climbing, grocery shopping is...

Beef Prices Surge Again, Keeping Grocery Bills High for LA Shoppers

Grocery price inflation accelerated as beef, coffee, and produce costs rose, prompting Korean American markets to freeze prices and expand sales.

Inflation Drains Year-End Charitable Giving as Donors Pull Back

Year-end charitable giving is weakening as inflation and income stagnation reduce donor capacity, affecting nonprofits and Korean American groups in LA.

California Consumer Spending Cools as Homes, Cars Put on Hold

High interest rates, inflation, and uncertainty around the Trump administration’s economic policies are weighing on California consumer spending, as many residents postpone big-ticket purchases...

Pennies Vanish from Circulation, Leaving U.S. Shoppers Shortchanged

The United States is seeing a shortage of 1-cent coins after President Donald Trump halted penny production earlier this year due to high minting...

LA Workers Skip Lunch as “Lunchflation” Drives Weekly Costs to $108

More LA workers are skipping lunch as restaurant prices rise and a simple midday meal becomes unaffordable. According to a report recently released by ezCater,...

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