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Wednesday, July 9, 2025

CONSUMER

Korean American restaurants struggle despite record U.S. dining sales

Despite the booming U.S. restaurant industry, Korean American restaurant owners in Los Angeles are reporting some of the toughest times in recent memory. “I can...

Orange County Job Market Shrinks Amid Economic Slump

Orange County is showing signs of economic deceleration, according to a recent economic forecast forum co-hosted by the UCLA Anderson Forecast and the Merage...

Rare Coins Worth Thousands Found in Spare Change

A penny in your drawer could be worth thousands—or even more. With the cost of producing pennies now exceeding their face value, the U.S. may...

ERC fraud penalties increase under new tax bill

The federal government has officially ended the Employee Retention Credit (ERC) program while significantly increasing penalties for improper claims under a new law signed...

California Homebuyers Need 10 Years to Save for Down Payment

Middle-income earners in California need more than 10 years of consistent savings to afford a home, according to a new report by Leave the...

Amazon Prime Day Sparks Competing Sales at Walmart and Target

Amazon's annual Prime Day sales kicked off on July 8, prompting major competitors Walmart and Target to launch their own overlapping promotions in a...

H Mart Plans Massive Texas Haltom City Store for 2026

H Mart, the nation’s largest Asian grocery chain, plans to open a major new location in Haltom City, Texas in early 2026. According to Biz...

H Mart Hosts Asian Food Festival With Free Tastings, Prizes

H Mart will hold its 2025 Asian Food Festival from July 4 to 13, celebrating foods and cultures from across Asia and engaging customers...

California July 4 Barbecue Costs 27% More Than National Average

As Californians prepare for fireworks and family gatherings this Fourth of July, they’ll also be paying significantly more at the grocery store than the...

Raising Cane’s Tops KFC in U.S. Chicken Chain Revenue

Raising Cane’s has become the third-largest chicken restaurant chain in the U.S. by annual sales, overtaking KFC in 2024 with $5.1 billion in domestic...