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Saturday, July 6, 2024

CONSUMER

Fintech firm’s bankruptcy leaves 100,000 people with money tied up since May

The bankruptcy of fintech firm Synapse has left approximately 100,000 consumers unable to access their money, prompting increasing calls for a resolution to the...

Koreatown retailers offer special discount events in celebration of Independence Day

With Independence Day approaching, Koreatown retailers have launched significant special pricing and discount events. These sales, extending through Labor Day, offer a prime opportunity...

Consumers are paying almost a double for food delivery due to their dual pricing

With $4.89 for McDonald's french fries and $2.59 for a Coke, plus a $2.99 delivery fee, $3 service charge, $0.71 sales tax, and $2...

LA County moves to raise sales tax by 0.5 cents to fund homeless services

A proposal to increase sales tax in Los Angeles County may be put to a vote in the upcoming November election. If passed, the...

Rising food prices force 1 in 4 adult consumers to skip meals

Post-pandemic inflation has caused grocery prices to skyrocket by 25%, with more than one in four people skipping meals. A survey conducted by Qualtrics in...

Amazon opens official ‘K-Food Store’ in collaboration with Korean government

The world's largest e-commerce platform, Amazon, is now showcasing Korean food products made by small and medium-sized enterprises from South Korea. According to the Korean...

Insurance crisis grows to pet insurance, Nationwide to drop 100,000 policies

The insurance crisis is now expanding from home to pet families, as the largest pet insurer in the nation announced it will not renew...

How to start reselling sneakers at a profit, know the risk and return to make money

Reselling has skyrocketed from a niche hobby to a booming industry in the 2010s. While people have always bought rare items at high prices,...