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A Quick Look at the Economic Implications of Today’s Reciprocal Tariff Announcement

The newly announced reciprocal tariffs are expected to slightly reduce GDP and raise inflation by 0.2 percentage points over the next year, without signaling a recession or stagflation.

Low and high income polarization worsened after pandemic and generation shift, survey shows

Changes in the economic structure are showing an accelerated generational shift in the Korean-American community. According to an analysis of the "National Korean American Economic...

High labor costs lead owners in Korea to choose unmanned shops

Unmanned ice cream shops, which proliferated during the pandemic, are easy targets for thieves. But high labor costs mean owners would rather have a...

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