Business

US Home Purchase Cancellations Hit Record High

The U.S. housing market is witnessing an unprecedented surge in "broken deals." According to a recent report from real estate brokerage Redfin, approximately 40,000...

California Economy 2026: AI and Aerospace Drive GDP Growth Amid Job Lag

The California economy is currently navigating a period of "growth imbalance," where output is significantly outpacing employment gains. According to the March 2026 UCLA...

Heavy Metals in Baby Formula: Consumer Reports Finds Lead and Arsenic

Consumer Reports recently released a startling investigative report on the safety of infant nutrition, revealing that detectable levels of heavy metals, including lead and...

Average Tax Refund Rises to $3,804

Up $351 From Last Year, But Falls Short of White House’s $1,000 Projection The average tax refund during the early weeks of the 2026 filing...

Hyundai and Kia Sales Set February Record; SUVs Up, EVs Mixed

Korean car sales set a new monthly record in February as the brands extended their growth despite reduced incentives and a continuing high-interest-rate environment....

U.S. Home Prices Rise; California Leads Costliest Markets

U.S. home prices continued to climb across many metropolitan areas, while most of the nation’s costliest housing markets remained concentrated in California, according to...

Boost Your Business: Korean-American SNS marketing plan

In today's digital-first economy, The Korea Daily is offering a specialized Instagram promotion service designed to help local businesses capture the attention of the...

191,300 Air Purifier Recalled for Fire Risk

An air purifier recall has been issued for 191,300 units sold through Amazon, Temu, TikTok Shop, and Shopify due to a potential fire risk. The...

Overseas Retirement Destinations: Top 10 Ranked

As prices rise sharply each year, living abroad is emerging as a new retirement option for people nearing retirement. Live and Invest, which provides information...

Samgyeopsal Day Hits LA: Korean Markets & Eateries Launch Pork Belly Deals

Every year on March 3, the demand for pork belly skyrockets. This date is celebrated as "Samgyeopsal Day," a consumer holiday inspired by the...