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Over 10 Korean Businesses in LA Shut Down for Health Code Violations

More than 10 Korean-run businesses across Southern California were temporarily shut down between April and July, according to data from the Los Angeles County...
Business

$7,500 Electric Vehicle Tax Credit Ends in September, Buyers Must Rush to Save

The $7,500 electric vehicle tax credit, introduced under the 2022 Inflation Reduction Act (IRA), is set to end on September 30 as part of...
Business

Affordable Housing Plan Near Koreatown Builds 212 Units Without Subsidies

A new 212-unit affordable housing project is moving forward in Koreatown, with a plan to build without government subsidies. The proposal, announced by the...
Business

70% of Workers Over 50 Delay Retirement Amid Economic Uncertainty

A new survey shows that 70% of workers aged 50 and older have either postponed retirement or are considering delaying it due to ongoing...
Business

2026 Tax Cuts to Save U.S. Households an Average of $2,900

Most U.S. taxpayers will pay less in taxes starting in 2026, with average savings estimated at $2,900 under the One Big Beautiful Budget Act...
Business

Korea Medical Tourism Surges as 100K Americans Seek Cheaper Care

Amid rising healthcare costs and long wait times in the United States, a growing number of Americans are traveling to Korea and other countries...
Business

Federal Government to Back ADU Mortgages Under New Bill

A bipartisan effort in Congress could make it easier for homeowners to build accessory dwelling units (ADUs) by offering federally backed loans. The proposal,...
Business

FHFA Approves VantageScore for Mortgage Loan Use

The Federal Housing Finance Agency (FHFA) will now allow lenders, including Fannie Mae and Freddie Mac, to use VantageScore in addition to the long-standing...
Business

Korean Defense ETF leads U.S. market with top returns

PLUS KDEF, an ETF tracking Korean defense firms, led all U.S.-listed equity ETFs in March with a 31.63% return, signaling global investor confidence in Korea’s defense sector.
Business

LA Affordable Housing Units Continue to Plunge to Fewer Projects

The share of Los Angeles apartment projects that include affordable housing units dropped sharply in 2023, falling to 41 percent of all new developments,...
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