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News

The Korea Daily
en.koreadaily.com > financial-guilt-spending-joy-index-survey-2026

Guilt Trip! Why 72% of Americans Feel Bad Spending for Joy

1+ hour, 30+ min ago   (376+ words) We’ve all been there—you buy tickets to a concert or order that extra-fancy brunch, only for a wave of remorse to hit before the receipt even prints. According to Ally Bank’s inaugural Cost of Life Today report released in…...

The Korea Daily
en.koreadaily.com > k-shaped-economy-isnt-over-yet-despite-government-claims

"K-Shaped Economy" Isn't Over Yet, Despite Government Claims

2+ week, 20+ hour ago   (401+ words) People purchase vegetables from a street vendor in New York City, U.S., August 4, 2026. REUTERS/Jeenah Moon Despite claims by the Trump administration that the U.S. economy has moved beyond the post-pandemic “K-shaped economy,” economists say the gap between higher- and lower-income Americans…...

The Korea Daily
en.koreadaily.com > won-suk-kim-real-estate-investment-controversy-viral-video

Viral Video Accusing Won Suk Kim of Real Estate Investment Misconduct Tops 1.47 Million Views

2+ week, 4+ day ago   (315+ words) A Southern California real estate investment controversy involving Won Suk Kim, head of Won Suk Kim Real Estate, has spread beyond the Korean American community as a viral social media video accusing him of misconduct draws widespread attention. Dead Presidents…...

Google News
en.koreadaily.com > california-home-equity-report-2026

Sitting on Gold: California Mortgaged Home Equity Doubles National Average

2+ week, 6+ day ago   (353+ words) If you own a mortgaged house in the Golden State, congratulations—your property is likely acting as a high-powered wealth engine, as average California home equity has soared to a staggering $627,000 per homeowner. According to the Q1 2026 Homeowner Equity Report from…...

The Korea Daily
en.koreadaily.com > inflation-high-interest-rates-drive-record-demand-for-debt-consolidation

Inflation, High Interest Rates Drive Record Demand for Debt Consolidation

2+ week, 6+ day ago   (446+ words) The financial strain on American households continues to intensify as rising inflation and persistently high credit card interest rates push more consumers toward debt consolidation programs. According to Money Management International (MMI), one of the nation’s largest nonprofit credit counseling agencies,…...

The Korea Daily
en.koreadaily.com > back-to-school-costs-near-4000-per-student-adding-financial-strain-for-families

Back-to-School Costs Near $4,000 Per Student, Adding Financial Strain for Families

3+ week, 2+ day ago   (387+ words) As families prepare for the new school year, back-to-school shopping is becoming increasingly expensive, with annual education-related expenses approaching $4,000 per student, according to a new analysis. The report, released by The Century Foundation and Groundwork Collaborative, found that the cost…...

The Korea Daily
en.koreadaily.com > samsung-galaxy-card-launch-in-us-barclays-cashback

Samsung Galaxy Card launch in US — Tech Giant Takes On Apple With 5% Cashback Credit Card

1+ mon, 4+ day ago   (329+ words) The Korea Daily Samsung Galaxy Card launch in US — Tech Giant Takes On Apple With 5% Cashback Credit Card Samsung Galaxy Card launch in US marks the South Korean tech titan’s official entry into the competitive American financial services market, setting…...

The Korea Daily
en.koreadaily.com > jamison-equitable-plaza-koreatown-valuation-drop

Koreatown Real Estate Shock: Jamison’s Equitable Plaza Value Plummets 62%

1+ mon, 1+ week ago   (370+ words) One of the most recognizable commercial high-rises in Los Angeles Koreatown is reflecting the deep, ongoing distress of the metropolitan office market. Equitable Plaza, located at 3435 Wilshire Boulevard and owned by prominent Korean-American real estate developer Jamison Services, has seen…...

The Korea Daily
en.koreadaily.com > fast-food-price-increases-mcdonalds-taco-bell

No Longer Cheap: Massive Fast Food Price Increases Revealed!

1+ mon, 2+ week ago   (343+ words) The days of grabbing a quick, wallet-friendly bite at the drive-thru are officially over. A newly released study reveals that fast food price increases have drastically outpaced the national inflation rate over the last 12 years, effectively stripping these chains of…...

The Korea Daily
en.koreadaily.com > the-june-headline-unemployment-rate-looks-better-than-it-is

The June headline unemployment rate looks better than it is.

1+ mon, 2+ week ago   (510+ words) The Korea Daily The June headline unemployment rate looks better than it is. The U.S. economy added only 57,000 nonfarm payroll jobs in June, far below expectations of roughly 110,000. The unemployment rate slipped from 4.3% to 4.2%, but the decline was not as reassuring…...