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inflation

Consumers are discerning signs of inflation soaring again especially in food prices

Inflation is once again showing signs of acceleration after a slowdown. Although inflation in the consumer price index has slowed down, food, restaurant, and gas...

Gen Z are even renting out their spaces for extra income, how to start side hustle

As consumers grapple with the increasing cost of living due to inflation, younger generations of Millennials and Gen Z are turning to various side...

Shopping at Korean markets is cheaper than last year despite inflation

With food spending at a 30-year high, food prices in Korean markets continue to trend downward. The prices listed of staple foods at Korean markets...

New FAFSA system criticized for delayed release and not adjusting for inflation

  After months of delays, the new Free Application for Federal Student Aid (FAFSA) form for the 2024-2025 academic year has been released, but it...

Year-end gatherings in full swing, surpassing pre-pandemic levels

  The Korean American community in Los Angeles is witnessing a surge in year-end gatherings this year, exceeding levels seen before the pandemic. These gatherings,...

Climate change fuels inflation, threatens food industry

Extreme heat and abnormal climate are slamming global economies, fueling inflation. Korea’s inflation fell below 3 percent in June and July, but torrential downpour, extreme...

Is China’s cloudy real estate outlook a silver lining for inflation?

Economic risks spurred by China’s decaying real estate market could bring forward an end to monetary tightening policies worldwide, experts say. Chinese property developer Evergrande...

Bank of Korea holds rate steady at 3.5 percent

The Bank of Korea kept its policy rate unchanged Thursday for the fourth consecutive time, holding it at 3.5 percent. It was a widely expected...

Cost-effective Korean restaurants with lunch menus under $13

Workers and seniors sick of lunchflation (lunch + inflation) are desperately looking for cost-effective yet delicious eateries in Los Angeles Koreatown. Junha Lee, 39, who...

[Breaking] Fed made another giant steps, raised 0.75%p

The Fed decided another interest rate hikes, by 0.75 percentage points, the sixth increase this year to combat against inflation, and signaled to continue...

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