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Wonhee Cho

Wonhee Cho is a journalist covering tech and finance, but also writes about food, sports, entrepreneurship, travel, and real estate. Prior to joining the Korea Daily, he built his career in public relations, specializing in the gaming and technology sectors, where he developed a deep understanding of the industry landscape and media strategy.
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SBA launches emergency loan program for California wildfire victims

The Small Business Administration (SBA) has introduced an emergency loan program to assist California residents affected by wildfires. Homeowners can borrow up to $600,000,...
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IRS offers key tips to prepare for a smooth 2025 tax season

As California’s tax filing season officially began on January 7, the IRS will launch its free tax filing services starting January 10. With the...
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Korean-American banks launch free remittance service for Lunar New Year

Korean American banks in Southern California are offering a “free remittance service” to waive wire transfer fees in celebration of the Lunar New Year...
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IRS to automatically distribute $2.4 billion in recovery rebates to 1 million taxpayers

The Internal Revenue Service (IRS) will begin automatic payments of the Recovery Rebate Credit (RRC) later this month to taxpayers who qualified but did...
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CFPB launches tool to help consumers compare credit card benefits

The Consumer Financial Protection Bureau (CFPB) announced on December 18 a new search tool to help consumers compare credit card benefits as part of...
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How to apply for California’s new electric bicycle subsidy program

Applications for electric bicycle purchase incentives of up to $2,000 are now open starting today (December 18). The California Air Resources Board (CARB) recently announced...
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California’s new insurance rules boost coverage in wildfire-prone areas

California has announced new regulations to make it easier for consumers in wildfire-prone areas to obtain insurance. The new rules, set to take effect...
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401(k) millionaire count jumps to 544,000, says Fidelity

The number of 401(k) accounts exceeding $1 million in balance continues to grow steadily. Fidelity, one of the largest retirement plan providers in the U.S.,...
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New CFPB rule slashes overdraft fees to $5 for large banks, saving consumers billions

The Consumer Financial Protection Bureau (CFPB) has announced final regulations to curb excessive overdraft fees. The new rule applies to domestic banks and credit unions...
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Hyundai, Amazon launch ‘Amazon Autos’ to simplify car buying online

Amazon has partnered with Hyundai to introduce 'Amazon Autos,' an online platform for car purchases in 48 major cities, including Los Angeles, San Diego,...
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