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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

First-time Homebuyers’ Dream For All Reopens, Homebuyers Rush to Apply

California’s first-time homebuyer assistance program, Dream For All, has reopened for applications this year, intensifying competition among prospective buyers preparing to purchase a home. Because...
Business

Trump Proposes New Plan to Tackle Retirement Savings Gap

A new federal retirement savings proposal for workers who lack employer-sponsored plans is drawing attention. In a State of the Union address on February 24...
Business

‘KAL’ Abbreviation Officially Removed From Korean Air Charter After 60 Years

Korean Air is reorganizing its brand naming system ahead of its integrated launch, moving to remove the English abbreviation “KAL” from its official framework. According...
Business

Automakers Share Drivers’ Behavior Data with Insurers

Insurance companies are obtaining driver behavior data from automakers, fueling debate over consent as car data sharing becomes more common in newer vehicles. A recent...
Business

Oceanwide Plaza May Soon Head to Court With $470M Bid

The graffiti-covered, long-stalled Oceanwide Plaza site in downtown Los Angeles is facing a possible change in ownership through a federal bankruptcy court process, with...
Business

Los Angeles ‘Mansion Tax’ Slashes Permits 40%

A tax introduced to address homelessness and expand low-income housing in Los Angeles is now being tied to a steep slowdown in new construction,...
Business

Cybertruck Price Cut: Tesla Lists New $59,990 AWD

Tesla unveiled a lower-priced Cybertruck in the domestic market, introducing its most affordable version of the electric pickup as it reduced prices across the...
Business

Hyundai, Kia EV defect triggers wave of lemon law lawsuits

Complaints over the Hyundai and Kia EV ICCU defect are mounting as owners report charging failures and sudden power loss while driving, raising safety...
Business

Palisade Hybrid Wins Edmunds Best of the Best for 2026

The 2026 Palisade Hybrid from Hyundai has been named the best new vehicle of the year.   According to Edmunds, which released its Top Rated 2026...
Business

Used Car Prices Hit $30,202 After 28% Rise

Even as dealer inventory has been gradually increasing, used car prices continue to climb, and lower-cost options are becoming harder to find.   According to JD...
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