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Hoonsik Woo

Hoonsik Woo
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Hoonsik Woo is a journalist specialized in covering banking, real estate and automotive news in the Los Angeles area. Woo focuses on in-depth analysis to help readers navigate the complexities of personal finance and investing in LA’s housing markets, as well as keeping them up-to-date with the latest automotive trends and innovations.
Business

Auto repair costs rise as tariffs push more drivers to DIY

Concerns are growing in the auto industry that car tariffs imposed by former President Donald Trump may drive up not only vehicle prices but...
Business

1.1 million Power banks recalled over fire risk

More than 1.1 million power banks are being recalled due to the risk of overheating, which could lead to fires or burns, according to...
Business

Homeownership in California Costs Second Highest in US

California homeowners are paying more than $32,000 a year in hidden ownership costs, the second highest in the nation, according to a new Bankrate...
Business

Home Sales Drop 16% in May as Condo Deals Plunge

The number of homes sold in Koreatown fell by 16 percent in May 2025, with condo sales plunging by 43 percent compared to the...
Business

Immigration Crackdown Raises Concerns Over LA Economic Fallout

A federal immigration crackdown targeting undocumented workers is raising alarms across Los Angeles, where the local economy relies heavily on immigrant labor. On June 10,...
Business

Phyn Startup Acquisition: Korean American-Led Firm Sold for $25M

Phyn, a smart home technology startup specializing in water leak prevention, has been acquired for $25 million by a private investment group. The deal...
Business

Mortgage Shopping Can Cut Loan Costs by $110K in California

Californians can save big by comparing mortgage options, with new data showing potential lifetime savings of more than $110,000—the highest in the nation. LendingTree, an...
Business

California Offers Up to $20K in Mortgage Disaster Assistance for Wildfire Victims

California Housing Finance Agency (CalHFA) has launched a new program that provides up to $20,000 in mortgage assistance to homeowners whose properties were damaged...
Business

Authentic Korean Restaurant Gabin Debuts in Koreatown

A new traditional Korean restaurant named Gabin has opened in Los Angeles Koreatown, offering high-quality dishes ranging from K-bbq and marinated crab to cold...
Business

ICE Raid in Downtown LA Disrupts Korean American Garment Industry

A federal immigration raid on June 6 in downtown Los Angeles has sent shockwaves through the Korean American garment industry, particularly in the Fashion...
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